NEW YORK, Feb. 7, 2013 /PRNewswire/ -- ETF Securities U.S. LLC has been selected by Charles Schwab as the sole provider of precious metal exchange traded funds (ETFs) for the new offering, Schwab ETF OneSource™, which was introduced today in New York. As part of the Schwab ETF OneSource platform, investors and advisors will be able to buy and sell 105 ETFs commission free. All major asset classes are available through this offering, including ETF Securities' physically-backed precious metal ETFs. "We're extremely pleased to partner with Charles Schwab to offer our funds directly to investors without a commission," says Will Rhind1, Managing Director of ETF Securities, New York. "Studies show that the biggest factor in considering an ETF is cost 2. This new offering removes that barrier and gives unprecedented ease-of-access to investors who want to participate in the precious metals market without having to purchase coins or bars." With $0 online trade commissions, Schwab clients will be able to trade ETF Securities' Physical Swiss Gold Shares (SGOL), Physical Silver Shares (SIVR), Physical Platinum Shares (PPLT), Physical Palladium Shares (PALL), Physical Precious Metals Basket Shares (GLTR), and Physical White Metals Basket Share (WITE). Unlike most ETFs, which simply track an index, ETF Securities' funds are physically-backed with the underlying metal assets held in vaults in London, Zurich and Singapore. Investors who buy shares of an ETF Securities' fund have an ownership stake in the fund's underlying commodity, which provides price transparency and liquidity. Mr. Rhind concludes, "Since entering the U.S. market in July 2009, ETF Securities has amassed more than $4.1 billion in assets under management in the United States. Being part of Schwab's offering -- through its base of 8.7 million brokerage accounts -- gives us much broader reach for the ultimate benefit of investors who want physical precious metals as part of a diversified portfolio." More information on ETF Securities' products is available on www.etfsecurities.com1William Rhind is a registered representative of ALPS Distributors, Inc. 2 According to the 2012 ETF Investor Study by Charles Schwab, October 2012 http://pressroom.aboutschwab.com/press-release/schwab-investor-services-news/exchange-traded-funds-etfs-are-here-stay-investors-tell-About ETF Securities ETF Securities is one of the world's leading, independent exchange-traded product providers and a pioneer in commodities*. Our work in this asset class is complemented by a range of other alternative investment solutions including currencies and thematic equities. We are dedicated to developing liquid, transparent investment products that can be traded on world stock exchanges.