Four Direxion Investments Strategic Beta ETFs Added To Schwab's Commission-Free Trading Program
Schwab ETF OneSource™ Offers Investors Low-Cost Access to Direxion Strategies Designed to Generate Excess Returns, Reduced Volatility and Higher Income
NEW YORK, Sept. 18, 2014 /PRNewswire/ -- Direxion Investments, an ally for both strategic and tactical investors seeking to solve for better investment outcomes, announced today that four of its Direxion Strategic Beta ETFs are available on Schwab ETF OneSource™, Charles Schwab & Co.'s commission-free ETF trading program.
"Charles Schwab & Co. shares our commitment to providing investors, and the advisors who serve them, with excellent value for their investment dollar, and we are glad to join the firm in its mission to offer ETF investors a cost-effective way to benefit from proven investment strategies," said Brian Jacobs, President of Direxion Investments. "Schwab ETF OneSource has changed the ETF landscape for the better. Thanks to this commission-free program, more investors can obtain low-cost entry to our Strategic Beta ETFs, and potentially enhance their portfolios with the best characteristics of both active management and passive indexing."
Schwab ETF OneSource enables investors to access a large selection of ETFs without having to pay trading commissions and early redemption fees, or meet enrollment requirements. Charles Schwab & Co. announced today that more than 60 ETFs have been added to Schwab ETF OneSource , now offering 182 ETFs covering 65 Morningstar categories, including the following products from Direxion Investments:
- Direxion Zacks MLP High Income Shares (ZMLP)
- Direxion All Cap Insider Sentiment Shares (KNOW)
- Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE)
- Direxion S&P 500 Index Volatility Response Shares (VSPY)
"We're delighted to welcome Direxion Investments' Strategic Beta ETFs onto Schwab ETF OneSource. We know that every dollar counts for investors—and trading commissions can really add up, so they are crucial when evaluating the total cost of an ETF," said Heather Fischer, Vice President of ETF Platform Management at Charles Schwab & Co. "Our clients are thrilled that Schwab ETF OneSource has made ETF investing more affordable and accessible, and today's announcement means the platform with the most commission-free ETFs just took another major step forward on their behalf."
Direxion Strategic Beta ETFs seek to incorporate what we believe are the best features of passive and active strategies. These funds represent a new approach geared toward achieving specific desired outcomes.
"This expanding suite of non-leveraged ETFs goes beyond traditional passive investing to try to solve for specific desired outcomes," said Mr. Jacobs. "At a time when investors are asking advisors to do more than match benchmarks, our Strategic Beta strategies offer a way to position portfolios so they help clients realize their goals."
Please visit www.direxioninvestments.com/schwabetfonesource to learn more about the Direxion Strategic Beta ETFs available on the Schwab ETF OneSource platform.
About Direxion Investments:
Direxion Investments offers highly liquid, tactical and strategic institutional-quality ETFs and mutual funds for investors seeking to solve for better investment outcomes. Founded in 1997, the company has approximately $8.4 billion in assets under management as of June 30, 2014. Our diverse suite of products helps investors navigate today's ever-changing markets. For more information, please visit www.direxioninvestments.com.
There is no guarantee that the funds will achieve their objectives.
For more information on all Direxion ETFs, go to direxioninvestments.com, or call us at 866.476.7523.
An investor should consider the investment objectives, risks, charges, and expenses of Direxion ETFs carefully before investing. The prospectus and summary prospectus contains this and other information about Direxion ETFs. Download a prospectus and summary prospectus at www.direxioninvestments.com. The prospectus and summary prospectus should be read carefully before investing.
Risks:
Investing in the funds may be more volatile than investing in broadly diversified funds. There is no assurance that the Funds will achieve their objectives and an investment in a Fund could lose money. No single Fund is a complete investment program. One cannot invest directly in an index. An investment in the Fund involves risk, including the possible loss of principal.
Distributor: Foreside Fund Services, LLC.
CONTACT: |
James Doyle |
973-850-7308 |
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SOURCE Direxion Investments
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