Guggenheim Investments Adds 13 ETFs to Schwab ETF OneSource™, Providing Advisors and Investors with the Popular Program's Largest Selection

NEW YORK, Sept. 18, 2014 /PRNewswire/ -- Guggenheim Investments, the investment management division of Guggenheim Partners, announced today it is expanding the number of its innovative exchange traded funds available on Schwab ETF OneSource™, which offers investors and advisors the most commission-free ETFs in the industryⁱ.

Beginning today, Schwab clients can buy and sell 13 additional existing and new Guggenheim pure style, sector, and BulletShares ETFs with $0 online trade commissions and no early redemption fees or hidden costs.

Guggenheim has Schwab ETF OneSource's largest lineup of ETFs to help provide advisors and investors the core building blocks for portfolios and access to hard-to-reach market segments, as well as targeted investment choices.

"Guggenheim's expanded participation in Schwab ETF OneSource underscores our ongoing commitment to providing investors and advisors access to innovative solutions through our distinctive ETF product line," said William Belden, Managing Director and Head of Product Development at Guggenheim Investments.

"We're pleased to continue to provide the program's largest selection as Schwab expands its popular ETF OneSource program."

Guggenheim's six Pure Style ETFs provide the industry's only focused ETF exposure to either value or growth investments by isolating those stocks that exhibit the highest style strength as measured by Standard & Poor's.

Guggenheim's BulletShares® ETFs are designed to mature in their target year, providing investors with specific maturities to ladder portfolios or to manage their fixed-income exposure within specific investment time frames.

Guggenheim's China Technology (CQQQ), S&P Global Water Index (CGW) and Wilshire Micro-Cap (WMCR) ETFs offer investors focused exposure to dynamic sectors of the global economy.

The new Guggenheim ETFs available on Schwab ETF OneSource include (with ticker symbols):

• Guggenheim BulletShares 2023 Corporate Bond ETF (BSCN)
• Guggenheim BulletShares 2024 Corporate Bond ETF (BSCO)
• Guggenheim BulletShares 2021 High Yield Corporate Bond ETF (BSJL)
• Guggenheim BulletShares 2022 High Yield Corporate Bond ETF (BSJM)
• Guggenheim China Technology ETF (CQQQ)
• Guggenheim S&P Global Water Index ETF (CGW)
• Guggenheim S&P 500 Pure Growth ETF (RPG)
• Guggenheim S&P 500 Pure Value ETF (RPV)
• Guggenheim S&P 400® MidCap Pure Growth ETF (RFG)
• Guggenheim S&P 400® MidCap Pure Value ETF (RFV)
• Guggenheim S&P 600® SmallCap Pure Growth ETF (RZG)
• Guggenheim S&P 600® SmallCap Pure Value ETF (RZV)
• Wilshire Micro-Cap ETF (WMCR)

Guggenheim offers investors and advisors insightful white papers, product insights and online tools, among other resources. The firm also offers a helpful ETF Knowledge Center staffed by seasoned ETF specialists to help with basic to complex inquiries. For more information, please visit www.guggenheiminvestments.com.

Today's news is part of a significant expansion of Schwab ETF OneSource, which offers investors unparalleled choice for commission-free ETFs. Starting today, 182 ETFs from 13 ETF providers covering 65 Morningstar asset classes can be traded commission-free through the program.

Schwab ETF OneSource has been strongly embraced by investors since its launch in early 2013. As of August 31, 2014, Schwab ETF OneSource has $31 billion in assets under management and year-to-date flows into ETFs in the program were $5.9 billion, representing 45% of the total ETF flows at Schwab.

"Guggenheim Investments has a strong history of innovation in the ETF industry, and we are very excited that they have elected to broaden their presence on Schwab ETF OneSource," said Heather Fischer, Vice President of ETF Platform Management at Charles Schwab.

A complete list of Schwab ETF OneSource ETFs is available here.

About Guggenheim Investments

Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, and manages more than $186 billionⁱⁱ in assets across fixed income, equity, and alternatives. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 250+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification and attractive long-term results.

Guggenheim Investments offers investors a broad range of ETPs—domestic and international equity, fixed-income and currency—to provide the core building blocks for portfolios, access to hard-to-reach market segments, as well as targeted investment choices.

About Schwab ETF OneSource

Schwab ETF OneSource offers investors and advisors access to the most commission-free ETFs anywhere in the industry. Commission-free online trading is available to individual investors at Schwab, to the nearly 7,000 independent investment advisors who use Schwab's custodial services and through Schwab retirement accounts that permit trading of ETFs.

Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™; tutorials, education, research and tools available via Schwab's online ETF center and the ETF Education Exchange®; and live events at local Schwab branches.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 325 offices and 9.3 million active brokerage accounts, 1.4 million corporate retirement plan participants, 956,000 banking accounts, and $2.38 trillion in client assets as of July 31, 2014. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

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Read a fund's prospectus and summary prospectus (if available) carefully before investing. It contains the fund's investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.guggenheiminvestments.com or call 800.820.0888.

The referenced fund is distributed by Guggenheim Funds Distributors, LLC. Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("GP"), which includes Guggenheim Funds Investment Advisors ("GFIA"), the investment advisers to the referenced funds. Guggenheim Funds Distributors, LLC is affiliated with GP and GFIA.

RISK CONSIDERATIONS Investors should consider the following risk factors and special considerations associated with investing in the fund, which may cause you to lose money, including the entire principal amount that you invest. Interest Rate Risk: As interest rates rise, the value of fixed-income securities held by the fund are likely to decrease. Securities with longer durations tend to be more sensitive to interest rate changes, making them more volatile than securities with shorter durations. Credit/Default Risk: Issuers or guarantors of debt instruments or the counterparty to a repurchase agreement or loan of portfolio securities may be unable or unwilling to make timely interest and/or principal payments or otherwise honor its obligations. Debt instruments are subject to varying degrees of credit risk, which may be reflected in credit ratings. Securities issued by the U.S. government generally have less credit risk than debt securities of nongovernment issuers. High-Yield Securities Risk: High yield securities generally offer a higher current yield than that available from higher-grade issues, but typically involve greater risk. Securities rated below investment grade are commonly referred to as "junk bonds." The ability of issuers of high-yield securities to make timely payments of interest and principal may be adversely impacted by adverse changes in general economic conditions, changes in the financial condition of the issuers and price fluctuations in response to changes in interest rates. Asset Class Risk: The bonds in the fund's portfolio may underperform the returns of other bonds or indexes that track other industries, markets, asset classes or sectors. Call Risk/Prepayment Risk: During periods of falling interest rates, an issuer of a callable bond may exercise its right to pay principal on an obligation earlier than expected. This may result in the fund's having to reinvest proceeds at lower interest rates, resulting in a decline in the fund's income. Extension Risk: An issuer may exercise its right to pay principal on an obligation later than expected. This may happen when there is a rise in interest rates. Under these circumstances, the value of the obligation will decrease and the fund's performance may suffer from its inability to invest in higher-yielding securities. Income Risk: Falling interest rates may cause the fund's income to decline. Liquidity Risk: If the fund invests in illiquid securities or securities that become illiquid, fund returns may be reduced because the fund may be unable to sell the illiquid securities at an advantageous time or price. Declining Yield Risk: During the final year of the fund's operations, as the bonds held by the fund mature and the fund's portfolio transitions to cash and cash equivalents, the fund's yield will generally tend to move toward the yield of cash and cash equivalents and thus may be lower than the yields of the bonds previously held by the fund and/or prevailing yields for bonds in the market. Fluctuation of Yield and Liquidation Amount Risk: The fund, unlike a direct investment in a bond that has a level coupon payment and a fixed payment at maturity, will make distributions of income that vary over time. Unlike a direct investment in bonds, the breakdown of returns between fund distributions and liquidation proceeds are not predictable at the time of your investment. For example, at times during the fund's existence, it may make distributions at a greater (or lesser) rate than the coupon payments received on the fund's portfolio, which will result in the fund returning a lesser (or greater) amount on liquidation than would otherwise be the case. The rate of fund distribution payments may adversely affect the tax characterization of your returns from an investment in the fund relative to a direct investment in corporate bonds. If the amount you receive as liquidation proceeds upon the fund's termination is higher or lower than your cost basis, you may experience a gain or loss for tax purposes. Financial Services Sector Risk: The financial services industries are subject to extensive government regulation, can be subject to relatively rapid change due to increasingly blurred distinctions between service segments, and can be significantly affected by availability and cost of capital funds, changes in interest rates, the rate of corporate and consumer debt defaults, and price competition. Consumer Discretionary Sector Risk: The success of consumer product manufacturers and retailers is tied closely to the performance of the overall domestic and international economy, interest rates, competitive and consumer confidence. Success depends heavily on disposable household income and consumer spending. Concentration Risk: If the index concentrates in an industry or group of industries, the fund's investments will be concentrated accordingly. In such event, the value of the fund's shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. In addition the funds are subject to: Non-Correlation Risk, Replication Management Risk, Issuer- Specific Changes and Non- Diversified fund Risk. Please read the fund's prospectus for more detailed information on these risks and considerations.

ⁱ Conditions 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 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 Charles Schwab Pricing Guide for additional information.

ⁱⁱ Guggenheim Investments total asset figure is as of 06.30.2014 and includes $12.1bn of leverage for Assets Under Management and $0.4bn of leverage for Serviced Assets. Total assets include assets from Security Investors, LLC, Guggenheim Partners Investment Management, LLC, Guggenheim Funds and its affiliated entities, and some business units including Guggenheim Real Estate, LLC, Guggenheim Aviation, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited, Transparent Value Advisors, LLC, and Guggenheim Partners India Management. Values from some funds are based upon prior periods.

SOURCE Guggenheim Investments