Charles Schwab Investment Management (CSIM) has unveiled two proprietary exchange-traded funds (ETFs) as part of its range of low-cost ETFs that aim to cut operating fees aggressively.
The Schwab US Large-Cap Growth ETF and the Schwab US Large-Cap Value ETF are listed on the New York Stock Exchange’s Arca platform. The funds’ operating fee is 0.15%.
CSIM launched its first proprietary ETFs in November: the Schwab US Broad Market ETF, Schwab US Large-Cap ETF, Schwab US Small-Cap ETF and Schwab In
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