|
Fidelity Investments announced today it will offer free trading on 25 widely held iShares exchange-traded funds, including some of the most popular ETFs in the world, including the iShares S&P 500 ETF (NYSEArca: IVV), iShares MSCI EAFE ETF (NYSEArca: EFA) and iShares MSCI Emerging Markets ETF (NYSEArca: EEM). The brokerage giant said it has partnered with iShares’ sponsor BlackRock to offer free trades “for a period anticipated to be at least three years.” The move comes just months after Fidelity’s arch competitor, Charles Schwab, launched its own family of ETFs and offered Schwab brokerage customers the opportunity to trade those funds for free. Schwab currently offers six such ETFs, and is planning to launch at least two more. The Fidelity/BlackRock deal covers a much broader spectrum of ETFs, including ETFs covering most major equity and fixed-income categories. It covers 10 of the 25 largest ETFs in the
The move could help drive significant retail interest in ETFs. Commissions make retail strategies like dollar-cost-averaging unviable. By removing that barrier, brokerages like Schwab and Fidelity could help ETFs grab a larger share of the mutual fund marketplace.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
-
[Hot ETF Topics] March 10, 2010
JP Morgan To Launch New Family Of ETFs J.P. Morgan, the fittest of Wall Street's survivors after the crash, has decided it's time to mix it up with a growing field of competitors in the red-hot ETF industry. -
[News] March 01, 2010
February ETF Flows: EEM Bleeds, VWO Exceeds -
[Stats] February 16, 2010
Exchange-Traded Funds Corner -
[Column/Features] February 02, 2010
A Lost & New Decade, Part II The sequel to the Active Indexer's query: In which areas will investors find strength for this new decade? -
[News] January 25, 2010
First Trust Plans Copper, Platinum ETFs

BABs: Beautiful If You’re Not Rich
Despite the Wall Street Journal’s worries about Build America Bonds, they can be great for your portfolio, especially if you’re not super-wealthy.
Senator Johnson To Investors: Drop Dead
Politics are colliding with exchange-traded funds and index funds in a major way, for both good and bad.
|
|
|
|









