Commission-Free Access to 569 ETFs Starts June
1st
TD Ameritrade1 is expanding its commission-free exchange-traded
fund (ETF) trading program once again, increasing the number of
offerings from more than 300 to 569 ETFs from 21 providers covering
some 90 Morningstar categories.
The expansion, effective June 1, 2019, gives more than 7,000
registered investment advisors (RIAs) and TD Ameritrade’s 11
million individual investor client accounts access to one of the
largest and most diverse selections of non-proprietary,
commission-free ETFs in the industry.
ETFs from 12 new providers join TD Ameritrade’s expanded line
up, which covers an additional 13 Morningstar categories and offers
more choices for those already represented in TD Ameritrade’s
commission-free ETF program.
Along with more municipals, commodities, index-tracking,
countries, single currency, sector, asset allocation and low-cost
core offerings, advisors and investors can access actively managed
ETFs utilizing long-short smart beta and environmental social
governance (ESG) strategies. RIAs and individual investors will be
able to choose ETFs from the following providers:
Aberdeen Standard
Investments* IndexIQ Advisors* Principal* AGFiQ QuantShares
Invesco ProShares DWS* iShares ETFs State Street Global
Advisors First Trust Portfolios John Hancock Investments*
USAA FlexShares * J.P. Morgan Asset Management USCF
Investments* Global X Management* Nuveen* VanEck*
Goldman Sachs Asset Management* PIMCO* WisdomTree
*New providers as of June 1, 2019
“While we’re pleased to again offer our clients a greater
selection of commission-free ETFs, we’re particularly excited about
the broad range of strategies, sectors and asset classes available
without a commission,” said Eileen Norton, director of investment
solutions at TD Ameritrade Institutional2. “It doesn’t end here.
We’ll continue to innovate and upgrade the ETF Market Center and
commission-free program going forward as part of our constant
efforts to improve the investing experience for our clients.”
TD Ameritrade broke new ground when it first launched the ETF
Market Center in 2004, and in 2010 raised the bar again by offering
commission-free ETF trading. TD Ameritrade’s ETF Market Center also
offers RIAs and individual investors access to screeners, research
tools, analysis and independent commentary.
“We’re committed to providing our clients access to a robust
suite of commission-free products through the ETF Market Center,”
said Keith Denerstein, director of investment products and guidance
at TD Ameritrade. “With a wide range of commission-free ETFs to
choose from and industry-leading research tools and analysis, we’re
helping our clients build portfolios that meet their needs.”
Industry-wide, the U.S. ETF market surged to $3.4 trillion
across 1,996 ETFs at the end of 2018, a more than tenfold increase
from $237 billion across 157 ETFs in 2004, according to research
firm ETFGI.3
To Learn More
To learn more about TD Ameritrade’s enhanced commission-free ETF
program, please visit
https://www.tdameritrade.com/investment-products/etfs.page. TD
Ameritrade clients can also access the ETF Knowledge Center,
advanced trading platforms, powerful tools, educational resources
and the help of TD Ameritrade’s trading specialists. TD Ameritrade
Institutional clients can contact their relationship manager for
more information or call (800) 934-6124.
About TD Ameritrade Holding Corporation
TD Ameritrade provides investing
services and education to more than 11 million
client accounts totaling approximately $1.3 trillion in assets,
and custodial services to more than 7,000 registered
investment advisors. We are a leader in U.S. retail trading,
executing an average of approximately 850,000 trades per day for
our clients, more than a quarter of which come from mobile devices.
We have a proud history of innovation, dating back to our
start in 1975, and today our team of 10,000-strong is committed to
carrying it forward. Together, we are leveraging the latest in
cutting edge technologies and one-on-one client care to transform
lives, and investing, for the better. Learn more by visiting TD
Ameritrade’s newsroom at www.amtd.com, or read our
stories at Fresh Accounts.
About TD Ameritrade Institutional
TD Ameritrade Institutional empowers more than 7,000 independent
registered investment advisors to transform the lives of their
clients. It provides powerful technology and resources that help
simplify running a business and let advisors spend more time doing
what matters most — serving their clients. Through meaningful
innovation, steadfast advocacy and unwavering service, TD
Ameritrade Institutional supports RIAs as they build businesses
that positively impact their clients and communities. TD Ameritrade
Institutional is a division of TD Ameritrade, Inc., member
FINRA/SIPC, a brokerage subsidiary of TD Ameritrade Holding
Corp.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org) / SIPC (www.SIPC.org).
1 TD Ameritrade, Inc., member FINRA / SIPC, is a brokerage
subsidiary of TD Ameritrade Holding Corporation (Nasdaq: AMTD)2 TD
Ameritrade Institutional is a division of TD Ameritrade, Inc., a
brokerage subsidiary of TD Ameritrade Holding Corporation3 ETFGI,
“ETFGI reports ETFs and ETPs listed in the US gather net inflows of
51.4 billion US dollars during December 2018”,
https://etfgi.com/news/press-releases/2019/01/etfgi-reports-etfs-and-etps-listed-us-gather-net-inflows-514-billion-us
Important Information
Carefully consider the investment objectives, risks, charges and
expenses before investing. A prospectus, obtained by calling
800-669-3900, contains this and other important information about
an investment company. Read carefully before investing.
ETFs are subject to risk similar to those of their underlying
securities, including, but not limited to, market, investment,
sector, or industry risks, and those regarding short-selling and
margin account maintenance. Some ETFs may involve international
risk, currency risk, commodity risk, leverage risk, credit risk,
and interest rate risk. Performance may be affected by risks
associated with non-diversification, including investments in
specific countries or sectors. Additional risks may also include,
but are not limited to, investments in foreign securities,
especially emerging markets, real estate investment trusts (REITs),
fixed income, small-capitalization securities, and commodities.
Each individual investor should consider these risks carefully
before investing in a particular security or
strategy. Investment returns will fluctuate and are subject to
market volatility, so that an investor’s shares, when redeemed or
sold, may be worth more or less than their original cost. Unlike
mutual funds, shares of ETFs are not individually redeemable
directly with the ETF. Shares are bought and sold at market price,
which may be higher or lower than the net asset value (NAV).
Information provided by TD Ameritrade, including without
limitation that related to the ETF Market Center and
commission-free ETFs, is for general educational and informational
purposes only and should not be considered a recommendation or
investment advice.
ETFs purchased commission-free that are available on the TD
Ameritrade ETF Market Center are available generally without
commissions when placed online in a TD Ameritrade account. Other
fees may apply for trade orders placed through a broker or by
automated phone.
TD Ameritrade receives remuneration from certain ETFs
(exchange-traded funds) that participate in the commission-free ETF
program for shareholder, administrative and/or other services.
No Margin for 30 Days. Certain ETFs purchased commission free
that are available on the TD Ameritrade ETF Market Center will not
be immediately marginable at TD Ameritrade through the first 30
days from settlement. For the purposes of calculation the day of
settlement is considered Day 1.
Short-Term Trading Fee (Holding Period for 30 Days). ETFs
available commission-free that participate in the ETF Market Center
may be subject to a holding period that commences with any purchase
and extends through the following THIRTY (30) calendar days. An
account owner must hold all shares of an ETF position purchased for
a minimum of THIRTY (30) calendar days without selling to avoid a
short–term trading fee where applicable. There is no limit to the
number of purchases that can be effected in the holding period. Any
order to sell within THIRTY (30) calendar days of last purchase
(LIFO – Last In, First Out) will cause an account owner's account
to be assessed a short–term trading fee of $13.90, where
applicable. For the purposes of calculation, the day of purchase is
considered Day 0. Day 1 begins the day after the date of purchase.
The short–term trading fee may be applicable to each purchase of
each ETF where such ETF is sold during the holding period. The
short–term trading fee may be more than applicable standard
commissions on purchases and sells of ETFs that are not
commission-free.
Neither Morningstar Investment Management nor Morningstar, Inc.
is affiliated with TD Ameritrade and its affiliates. Morningstar,
the Morningstar logo, Morningstar.com, and Morningstar Tools are
either trademarks or service marks of Morningstar, Inc.
Source: TD Ameritrade Holding Corporation
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version on businesswire.com: https://www.businesswire.com/news/home/20190506005195/en/
Advisor Media Contact:Joseph
A. GiannoneCommunications + Public AffairsT:
201-369-8705joseph.giannone@tdameritrade.com
Consumer Media
Contact:Timothy OsieckiCommunications + Public AffairsT:
201-369-5908timothy.osiecki@tdameritrade.com
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