Access the world. with Schwab Global Investing Services

Transcription

1 Access the world with Schwab Global Investing Services

2 69% of equity market growth between 2004 and 2017 came from outside the U.S. 1 Schwab portfolio models now suggest up to 25% foreign allocation. 2 64% of the world stock market capitalization is composed of non-u.s. equities. 1 Capture global potential We live in an increasingly interconnected world, and as a result, some of us are considering investment opportunities outside the bounds of our own countries. The expanding global economy offers a unique potential for growth and diversification. But it s not always easy to know how to get started. With more than 20 years experience in global investing, Schwab offers the ability to invest in foreign markets, backed by service that hinges on education and deep expertise. Whether you re a seasoned global investor or are ready to place your first trade, we can help you explore a host of global opportunities. 1

3 One of the biggest things we do for clients, over the phone, is teach them how to research products. We empower them with the skills and tools they need to make their decisions. Schwab Global Investing Services specialist Insights and access Stay on top of a changing world with professional resources just a phone call away. Personalized guidance when you need it Get personalized guidance from our dedicated and experienced team of global investing specialists. Our goal is to help you better understand global markets and increase your effectiveness and success. With a simple phone call, 3 you re connected to a specialist who can provide: One-on-one help researching international investments Help placing trades online or broker assisted 4 Education on global investing that s as basic or sophisticated as you need 3

4 Schwab offers ratings for over 4,000 international stocks and research from in-house and third-party experts. In-depth research and education Make informed investment choices with the help of international markets research from Schwab and third-party experts. Proprietary research Schwab Equity Ratings International (SERI) provides ratings for over 4,000 international stocks to help you with your international-investing decisions. We also offer several tools that can help you identify and compare the securities that meet your needs: International Screener Screen stocks by SERI rating, region, country ratings, or industry sector to pinpoint equities that align with your strategy. Compare Exchanges Compare pricing and liquidity for a single security across multiple exchanges. In addition, the experts at the Schwab Center for Financial Research provide regular insights and commentary through an ongoing series of white papers and articles. Third-party research 5 Research from third parties, including Credit Suisse, Ned Davis Research, and The Economist Intelligence Unit, gives you more insight into individual securities, regional coverage, country ratings, and more. We also help you connect to regional market news from Reuters. Online education Our online content offers a range of resources on the basics of global investing as well as asset allocation recommendations. 5

5 A robust lineup We offer a broad range of products for your global investing strategy. Foreign stocks You can trade foreign ordinaries stocks of foreign companies that trade in their local markets over the phone or online. American Depositary Receipts (ADRs) ADRs are securities that represent shares in a foreign stock and trade on U.S. exchanges in USD. You can place these trades at any time for execution during U.S. market hours. International mutual funds and ETFs Through Schwab s Mutual Fund OneSource 7 we offer hundreds of mutual funds investing in foreign stocks that are available online with no load and no transaction fee. We also offer exchange-traded funds (ETFs) that invest in global securities, including many that are available commission-free online, through Schwab ETF OneSource. 8 With Schwab Global Investing, I m in control. I use their global research and talk with their global investing specialists to get an edge. 6 Foreign bonds 9 You can trade or custody foreign (Regulation S) bonds through Schwab. Regulation S bonds are securities offered and sold under the Regulation S issuer safe harbor in foreign markets by foreign governments, foreign corporations, non-exempt supranationals, and U.S. companies. Schwab Global Account client 7

6 Account options that fit your needs Schwab offers the choice of two account options to help you achieve your global investing goals. Schwab brokerage account You can use the same Schwab brokerage account you use for domestic investments to trade foreign securities. Your existing account allows you to: Trade during U.S. market hours through Schwab.com, the Schwab Mobile app, or our StreetSmart Edge trading platform Invest online or with a broker in mutual funds and ETFs focusing on international markets, ADRs, and most foreign stocks that trade on the U.S. over-the-counter market Place orders for foreign stocks to be executed in their local markets via the Schwab Global Investing Services desk Schwab Global Account The Schwab Global Account complements the standard Schwab brokerage account. It is a separate account that allows you to act on foreign market moves when and where they happen. With it, you can: Trade stocks online in 12 top-traded foreign markets Place trades to be settled in up to eight local currencies Get real-time quotes during foreign market hours Start today Talk to a global investing specialist now at We re available to take your call anytime the foreign markets are open, day or night. * You can also visit us online at schwab.com/global. * Schwab Global Investing Services team hours of operation are 5:30 p.m. Sunday through 5:30 p.m. Friday ET. 8

7 Brokerage Products: Not FDIC-Insured No Bank Guarantee May Lose Value Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can obtain a prospectus by calling Please read the prospectus carefully before investing. 1 Source: Charles Schwab & Co. Inc., FactSet, MSCI. 2 Schwab International Allocation Guidelines. 3 Schwab Global Investing Services team hours of operation are 5:30 p.m. Sunday through 5:30 p.m. Friday ET. 4 Please see the Charles Schwab Pricing Guide for complete information on Schwab s commissions, fees, and other possible charges to which you may be subject. 5 The information provided in this material is supplied by information providers such as Credit Suisse, Ned Davis Research, The Economist Intelligence Unit, and others. These entities are not affiliated with Charles Schwab & Co., Inc. ( Schwab ) or any of Schwab s affiliates. Schwab does not guarantee the suitability or potential value of any particular investment or information source. 6 The experience herein may not be representative of the experience of other clients and is not indicative of future performance or success. The information provided is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. 7 Schwab s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab s Mutual Fund OneSource service (and certain other funds with no transaction fees) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds, which may charge a separate redemption fee, and funds that accommodate short-term trading. Trades in no-load mutual funds available through the Mutual Fund OneSource service (including Schwab Funds ), as well as certain other funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. 8 Restrictions apply: Trades in ETFs available through Schwab ETF OneSource (including Schwab ETFs ) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders, including fixed income orders, placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see the Charles Schwab Pricing Guide for additional information. 9 Fixed income securities are not available in the Schwab Global Account. Other restrictions may apply. International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. The Schwab Global Account is restricted to certain account types. Only clients residing in the United States are eligible. The Schwab Equity Ratings International are not personal recommendations for any particular investor or client and do not take into account your individual circumstances, financial situation, investment, or other objectives or needs. Markets and countries serviced by Schwab are subject to change. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC ( ) MKT81530FM-01 (08/17)

8 Schwab Global Account Markets and pricing With the Schwab Global Account, you can trade stocks online directly in select foreign markets in their local currencies. Trades placed on foreign stock exchanges are subject to rates and local broker fees, as follows. Markets and local market commissions Market Online commission 1 Broker-assisted commission 1 Australia 32 AUD 70 AUD Belgium 19 EUR 50 EUR Canada 14 CAD 70 CAD Finland 19 EUR 50 EUR France 19 EUR 50 EUR Germany 19 EUR 50 EUR Hong Kong 250 HKD 600 HKD Italy 19 EUR 50 EUR Japan 2,000 JPY 6,000 JPY Netherlands 19 EUR 50 EUR Norway 160 NOK 400 NOK United Kingdom 9 GBP 30 GBP Foreign exchange rates Amount converted 2 Under $100,000 Fee per currency conversion transaction 1.00% of principal $100,000 $249, % of principal $250,000 $499, % of principal $500,000 $999, % of principal $1,000,000 and above % of principal Security types and commissions Security type Online Broker-assisted American Depositary Receipts (ADRs) $4.95 $ Foreign over the counter (FOTC) 4 $54.95 $

9 International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. The Schwab Global Account is restricted to certain account types. Only clients residing in the United States are eligible. Markets and countries serviced by Schwab are subject to change. 1 In addition, local broker fees, exchange fees, taxes, and other governmental fees may apply. 2 Amount converted is in USD equivalent terms at the time of the exchange. 3 Broker-assisted rate includes $25 fee. 4 FOTC rate includes additional $50 fee Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC ( ) SLS81533FM-01 (08/17)

10 Schwab brokerage account Markets and pricing Schwab brokerage accounts allow online trading of internationally invested exchange-traded funds (ETFs), American Depositary Receipts (ADRs), and foreign stocks in the over-the-counter market. All products, as well as foreign stocks trading in their local markets, can be traded via the Schwab Global Investing Services desk. Available markets Buys and sells Australia Ireland Philippines Austria Israel Portugal Belgium Italy Singapore Canada Japan South Africa Denmark Luxembourg Spain Finland Malaysia Sweden France Mexico Switzerland Germany Netherlands Taiwan Hong Kong New Zealand Thailand Indonesia Norway United Kingdom Sells only China Hungary South Korea Czech Republic Peru Turkey Greece Poland ETF commissions and mutual fund fees 1 Security type Online Automated phone 2 Broker-assisted 3 ETFs $4.95 $9.95 $29.95 Schwab ETF OneSource $0.00* $5.00 $25.00 Funds with fees $76.00 buy $0.00 sell $76.00 buy $0.00 sell Online fee, plus $25.00 Schwab Mutual Fund OneSource N/A N/A $25.00 Security types and commissions 1 Security type Online Automated phone 2 Broker-assisted 3 ADRs $4.95 $9.95 $29.95 Foreign over the counter (FOTC) 4 $54.95 $59.95 $79.95 Foreign market N/A N/A Whichever is greater: $100 or 0.75% of principal; no maximum

11 Investors should consider carefully the information contained in the prospectus or, if available, the summary prospectus, including the investment objectives, risks, charges, and expenses. You can request a prospectus by calling Please read the prospectus carefully before investing. 1 In addition, local broker fees, exchange fees, taxes, and other governmental fees may apply. 2 Automated phone transactions subject to $5.00 fee. 3 Broker-assisted transactions subject to $25.00 fee. 4 FOTC rate includes additional $50.00 fee. International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. Markets and countries serviced by Schwab are subject to change. Investment value and returns will fluctuate such that shares, when redeemed, may be worth more or less than their original cost. Charles Schwab & Co., Inc. (member SIPC) receives remuneration from fund companies in the Mutual Fund OneSource program for recordkeeping and shareholder services, and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services. *Trades in ETFs available through Schwab ETF OneSource (including Schwab ETFs ) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see the Charles Schwab Pricing Guide for additional information. Trades in no-load funds available through Mutual Fund OneSource service (including Schwab Funds), as well as certain other funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. Schwab s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab s Mutual Fund OneSource service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds, which may charge a separate redemption fee, and funds that accommodate short-term trading. Funds are also subject to management fees and expenses. Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with The Charles Schwab Corporation or any of its affiliates Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC ( ) SLS81531FM-01 (08/17)