Schwab has lowered fees on all of its fifteen proprietary exchange-traded funds, Marie Chandoha, president, Charles Schwab Investment Management., said during a monthly media briefing Friday.

The company cut fees 25% to 60%. The weighted average overall expense ratio for all of Schwab ETFs has come down to 7.7%, Chandoha said.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access