TD Ameritrade recently announced that they will be offering a list of over 100 ETFs that can be traded with no commission if you hold them for at least 30 days. Supposedly, they asked Morningstar to pick 100 ETFs that would be most useful for long-term investors to build a ETF portfolio.
The current 100 ETFs that make the list include 47 from iShares, 32 from Vanguard, and 12 from State Street. You can view the entire list here. You must enroll and accept the terms, because if you don’t hold the ETF for 30 days, they will charge you a short-term trading fee of $19.99. Their standard price for other trades remains at $9.99.
Going over the list, it does appear to include all the most popular ETFs, including just about all of the ETFs that I have been interested in investing in. However, it doesn’t include all the ETFs from any particular family.
Selected Vanguard ETFs: Total Bond (BNS), Small Cap Value (VBR), FTSE All World ex US (VEU), Total Stock Market (VTI), and Emerging Markets (VWO)
Selected iShares ETFs: Barclays TIPS Bond (TIP), Barclays 1-3 Year Treasury Bond (SHY), and S&P SmallCap 600 Value Index (IJS)
This is after similar moves by other major brokers:
Find more in Investing | 10/12/10, 5:00am | Trackback
No comments:
Post a Comment