Charles Schwab is expanding its Schwab ETF OneSource program by adding a passel of exchange-traded funds from two new providers, Deutsche Asset Management and John Hancock Investments, the company said on Monday.
Deutsche Bank is contributing five currency-hedged ETFs and one fixed income ETF to the program. Meanwhile, John Hancock is offering six strategic-beta ETFs, all of which launched last September.
Guggenheim Investments, already a contributor to the program, is adding two fixed-income ETFs.
Launched three years ago, the Schwab ETF OneSource program offers investors commission-free ETFs covering 226 funds from 16 providers that encompass 66 Morningstar categories.