ETFs designed to provide currency-view neutral exposure to international markets, accessible via Schwab platform with $0 online trade commissions..
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free cop
IndexIQ has announced that three more of its ETFs are now available through Schwab ETF OneSourceTM, which offers investors and advisors the most commission-free exchange-traded funds (ETFs) in the industryi.
Schwab clients can now buy and sell ETFs from IndexIQ’s innovative family of 50% currency hedged international equity ETFs with $0 online trade commissions and no early redemption fees or hidden costs.
The three funds being added to Schwab ETF OneSource are:
– IQ 50 Percent Hedged FTSE Europe ETF (NYSE Arca: HFXE);
– IQ 50 Percent Hedged FTSE International ETF (NYSE Arca: HFXI); and
– IQ 50 Percent Hedged FTSE Japan ETF (NYSE Arca: HFXJ).
“Before we launched these funds, ETF investors were limited to vehicles that were either 100% currency hedged or completely unhedged, meaning they were being forced to make a call on the direction of the U.S. dollar. Our funds allow investors to take a currency-neutral approach,” said Adam Patti, chief executive officer at IndexIQ. “We call this ‘the hedge of least regret,’ and we are very excited that Schwab has elected to make these funds available to investors and advisors through Schwab ETF OneSource.”
“We are thrilled that three of IndexIQ’s innovative currency hedged ETFs are now available for zero commissions through the Schwab ETF OneSource program, giving clients even more choice within one of the most highly sought-after categories in investing today,” said Heather Fischer, Vice President of ETF Platform Management at Schwab.
HFXE, HFXI and HFXJ join five IndexIQ ETFs that were added to the Schwab ETF OneSource program last year:
– IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI) the first US-listed hedge fund replication ETF;
– IQ Hedge Market Neutral Tracker ETF (NYSE Arca: QMN) the first market neutral ETF;
– IQ Merger Arbitrage ETF (NYSE Arca: MNA), the first merger arbitrage ETF;
– IQ Global Resources ETF (NYSE Arca: GRES), the first hedged global natural resources ETF; and
– IQ Global Agribusiness Small Cap ETF (NYSE Arca: CROP), the first agribusiness small cap ETF.
Source: ETFWorld.com
WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)
Lascia un commento