Investing in ETFs

Diversify your portfolio without losing flexibility

Like mutual funds, ETFs hold a basket of stocks, bonds or other investments. Many ETFs also offer investors additional tax-efficiency3 advantages and greater investment transparency. Unlike mutual funds, ETFs trade on an exchange like stocks giving investors greater access to their capital (or liquidity).
May be a good move for...
  • Building a balanced portfolio4
  • Preserving liquidity
  • Potential for tax-efficiency
  • Index fund investing5
  • Growth, value and income strategies
  • New and experienced investors
 
Tab One

Streamline your investing

Take advantage of our powerful screening tools, independent research and free investor education and then choose from a wide range of non-proprietary ETFs. Or simplify your search with Merrill Edge Select® ETFs—ETFs evaluated and categorized by Merrill Lynch investment professionals. Either way, you'll enjoy simple flat-rate pricing that's lower than Fidelity, TD Ameritrade and E*TRADE.6
 
 
Merrill Edge MarketPro for active investors
Are you an active investor?
Get more insights, more capabilities and more control with Merrill Edge MarketPro®.7
Tab Two

Find the investments that may be right for you

Exchange-traded funds (ETFs) are a popular choice for investors, offering a convenient way to diversify4 with the same flexibility and liquidity as a stock. With thousands of ETFs to choose from, Merrill Edge offers investors the tools, research and guidance to help you find the investments that may be right for your portfolio.
 
Use our tools to find investments

Search for ETFs your way

Take advantage of our powerful screening tools and search for Morningstar 5-star rated ETFs, socially responsible ETFs, dividend-generating ETFs, and more. Or choose your own search criteria.
 
Merrill Edge Select Funds are pre-screened by Merrill Lynch professionals

Simplify your search for the right ETF

Consider simplifying your ETF search with Merrill Edge Select® ETFs—evaluated and categorized by Merrill Lynch investment professionals.
 
Ratings, research and insights to help inform your investment decisions

Make more informed investment decisions

View ETF profiles at-a-glance and compare performance with advanced charting. Plus, access independent ratings and research reports from Morningstar.
 
Stay updated with stock market news

Keep up with the latest news and market events

Stay informed with up-to-the-minute news from Dow Jones, Thomson Reuters, PR Newswire and Business Wire. Plus, get customized alerts based on price, volume, ratings, news and more.
 
Invest and trade with confidence

Invest and trade with confidence

Take advantage of investing opportunities whenever they happen with after-hours trading. Uncover hidden concentrations in your portfolio with Portfolio X-Ray® by Morningstar.8
 
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Tab Three

Getting started is as easy as 1-2-3

1
Open your account
Apply online and open your account in minutes. Here's what you'll need.

If you need help, give us a call at 888.637.3343—24 hours a day, 7 days a week.
 
2
Fund your account
Fund your account instantly in real time from your eligible linked Bank of America bank account, and also by linking to an account at another financial institution. Or, transfer funds to your account by check, by wire transfer or by transferring or rolling over an existing account. Learn how to fund your account.9
 
3
Start investing
  • Create an investment strategy—build a balanced portfolio aligned to your investment goals in 3 easy steps. Learn more.
  • Start your search for the investments that may be right for you with our powerful screeners and independent research. Simplify your search using streamlined lists of stocks, ETFs and mutual funds evaluated by Merrill Lynch research teams.
  • Manage your portfolio with anytime, anywhere access to your Merrill Edge investment account—online, on your mobile device and at thousands of Bank of America ATMs
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Tab Four

Simple flat-rate pricing

Pay one flat rate for ETFs with a self-directed investment account—regardless of your account balance or how often you trade.
 
6.95 stock and ETF trades
per unlimited online ETF trade1
No trade or balance minimums
Learn how to qualify for $0 trades2 See fee details1
Our everyday price comparison6
E Trade logo
$9.99
TD Ameritrade logo
$9.99
Charles Schwab logo
$6.95
Fidelity logo
$7.95
Looking for one-on-one advice?
Meet with a licensed Merrill Edge Financial Solutions Advisor™ in person or on the phone, who will help you pursue your financial goals and plan for what matters most to you.
Ready to get started?
888.637.3343
Call 24 hours a day, 7 days a week
Other ways to invest
Merrill Edge Guided Investing
Experience online investing enhanced with professional portfolio
management at a low cost.
Invest with
an advisor
Receive one-on-one advice from a licensed Merrill Edge Financial Solutions Advisor™.
600 dollar IRA offer
Get up to $600 when you enroll, open and fund a new Merrill Edge® investment account or IRA.
How to qualify
ETF fund share prices fluctuate with market and economic conditions. It's possible to lose money by investing in ETFs.

1 Other management and transaction fees may apply. In addition to your stock, ETF or option commission sell orders may also be subject to a transaction fee (of between $0.01 to $0.03 per $1,000 of principal). If applicable, this fee appears under "Transaction Fee" on a Trade Confirmation. There are other fees associated with investing in ETFs, Read the "Expenses & Charges" sections of the prospectus to find out what they are. Contact us to obtain a prospectus.

2 $0 trades are only available with an individual or joint Merrill Edge self-directed brokerage account. When placing a trade, Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) determines whether you meet the balance or relationship requirements to qualify that trade for the $0 waiver. To determine the number of qualifying trades, MLPF&S adds the qualifying trades in your individual accounts and joint accounts. Commission fees apply when qualification requirements are not met, or when you exceed the number of qualifying trades a month.

Brokerage fees associated with, but not limited to, margin transactions, option trading, special stock registration/gifting, account transfer and processing, research request and termination apply.

a) Commissions are waived for 30 online equity trades each month including stock and exchange traded funds (ETFs) on behalf of MLPF&S, for customers who meet any one of the following criteria:
i) Combined total of $25,000 or more in your deposit accounts at Bank of America, N.A. MLPF&S adds the average collected balances in your deposit accounts as of the prior month to the balances in your bank CD and IRAs as of the prior business day. Bank deposit accounts with the same Social Security number (SSN) as the SSN(s) on the self-directed brokerage account are systematically included in the balance determination. Standard deposit account fees apply.
ii) Or combined balance of $25,000 or more in cash balances in one or more of the following sweep options in your Merrill Edge self-directed account(s) as of the prior business day:

- Bank Deposit Accounts sweep option with your Cash Management Account® (CMA®)
- Retirement Assets Savings Program sweep with your IRA
iii) Or Client of U.S. Trust
iv) Or Client of Preferred Rewards Platinum
b) Commissions are waived for 100 online equity trades each month including stock and ETFs on behalf of MLPF&S, for customers who meet any one of the following criteria:
i) A Client of Preferred Rewards Platinum Honors
ii) Or Client of Banking Rewards Wealth Management U.S. Trust

This offer does not apply to Business/Corporate Accounts, Investment Club Accounts, Partnership Accounts and certain fiduciary accounts held at MLPF&S. Other fees and restrictions may apply. Relationship requirements and pricing are subject to change and/or termination without advance notice. To learn about additional ways to qualify for $0 trades, call 1.888.MER.EDGE (1.888.637.3343).

You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America personal checking account and maintain a three month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge and Merrill Lynch investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. SafeBalance Banking accounts do not count towards the account or balance requirements, and do not receive the fee waivers and other benefits of the program. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Employee qualification requirements, please visit the Employee Banking & Investments website. The Preferred Rewards Gold tier does not include the $0 online equity and ETF trades via Merrill Edge®, a benefit that is currently available at the Platinum and Platinum Honors tiers of Preferred Rewards. Merrill Lynch Wealth Management clients with greater than $250,000 in assets with Bank of America and Merrill Lynch are eligible for additional banking benefits. Please speak with your Merrill Lynch financial advisor for details.

3 Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied upon for the purpose of avoiding any tax penalties. Neither Merrill Edge nor its financial solutions advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.

4 Diversification does not ensure a profit or protect against loss in declining markets.

5 Please note that market indexes are unmanaged. Individuals cannot invest directly in an index.

6 Fidelity's standard online price is $7.95 per equity or ETF trade (excluding certain iShares and Fidelity ETFs offered commission-free). Schwab's standard online price is $6.95 per equity or ETF trade (excluding ETFs available through Schwab ETF OneSource™ when placed in a Schwab account that are available commission-free). E*TRADE's standard online price for equity, ETF or option trade is $9.99, $7.99 for customers who trade at least 150 times per quarter, $6.99 for customers who trade 1,500+ times per quarter. TD Ameritrade's standard online price is $9.99 per equity or ETF trade. Note: Competitive comparison pricing information as of 02/02/2017 excludes special promotional offerings and sales of fractional shares.

7Merrill Edge MarketPro® is available to clients who maintain a Merrill Edge self-directed relationship. To qualify, you must maintain total combined balances of $50,000 or more in your Merrill Edge and Merrill Lynch investment accounts and Bank of America, N.A. deposit accounts, or make at least 15 self-directed trades per quarter. Preferred Rewards Platinum or Preferred Rewards Platinum Honors also qualify. Not available to investment professionals or for trust accounts and business accounts. Relationship requirements and pricing are subject to change. To learn more go to merrilledge.com/marketpro.

8 The data and investment information in Portfolio X-Ray® is provided by Morningstar. Merrill Edge offers access to Portfolio X-Ray as a courtesy to its clients. It is for information purposes only, and Merrill Edge does not control or validate it. Morningstar's securities classifications may differ from those used by other sources, including Merrill Edge. Please note: If you have questions, refer to your statement, which is the official record of your account.

9 You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Visit http://www.merrilledge.com/retirement/rollover-ira or call a Merrill Edge rollover specialist at 1.888.637.3343 for additional information about your choices.

10 Merrill Edge Roadmap® is available with a Merrill Edge Advisory Center™ account.

Mutual Funds, Exchange-Traded Funds (ETF) and Unit Investment Trusts (UIT) investing involves risk. Mutual Fund, CEF, ETF or UIT shares are not guaranteed or insured by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Investment returns may fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost.


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