Charles Schwab reduces fees for four ETFs and implements share splits for mutual funds

From Yahoo Finance: 2025-06-14 14:00:00

The Charles Schwab Corporation (SCHW) is reducing fees for four of its equity index ETFs, making all market-cap-weighted equity and bond index ETFs have fees under 0.10% starting June 10, 2025. Additionally, SCHW will be implementing forward share splits for six mutual funds, including the Schwab 1000 Index Fund (SNXFX), returning to a share price closer to its original $10 value on August 15, 2025. John Sturiale, Schwab’s Head of Product Management and Innovation, stated that these changes reflect the company’s commitment to making investing more affordable and accessible, following the launch of National Investing Day on May 1, 2025.



Read more at Yahoo Finance: Fee Reductions for Four Schwab ETFs as Charles Schwab (SCHW) Announces Mutual Fund Share Splits