YWCA Women’s Empowerment ETF Launches on August 27th!

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Photo Credit: Chicago Tribune

Do you want to invest in companies that empower women?

Thanks to a partnership between YWCA and Impact Shares, you can now use your dollars to advance gender equality and economic opportunities for women. All you have to do is invest in the new Women’s Empowerment ETF.

Dorri McWhorter, CEO of YWCA Metropolitan Chicago, shared the news on her twitter feed last December.

Thx @ImpactETFs @RockefellerFdn for #vision & opportunity as @YWCAChicago partnering to create #WomensEmpowerment #ETF $WOMN coming soon! https://t.co/Lrf7aID5wg

— Dorri McWhorter (@chicCPA) December 8, 2017

Impact Shares Corp.’s Women’s Empowerment ETF, ticker WOMN, is expected to start trading Monday, August 27th on the New York Stock Exchange. The launch date was strategically aligned with Women’s Equality Day which will take place on Sunday, August 26th. Sunday also marks the 98-year anniversary of the passage of the 19th amendment that gave female citizens the right to vote in the United States.

This ETF will hold stocks of companies that support women and addresses an issue that YWCA is passionate about. The Underlying Index of stocks will be based on social criteria developed by the nonprofit to help fund managers measure corporate performance against a list of social impact benchmarks relevant to the Fund. Companies in the Underlying Index of Stocks will be measured in various categories which include gender balance in leadership, equal compensation, and policies promoting gender equality.

“WOMN, a collaboration with index provider Equileap, offers an investment solution that will look for companies that are leaders in empowering women both in and out of the workplace,” said Dorri McWhorter, CEO of YWCA Metropolitan Chicago in a statement released by the NAACP. “We hope female and male investors alike seize the opportunity to encourage companies to more proactively address the issues impacting women today.”

About YWCA USA

Founded in 1858 as a voice for women’s issues, YWCA USA represents 213 YWCA associations in 46 States and the District of Columbia. Each year YWCAs serves over 2 million women and children in over 1200 communities across the United States. For over 160 years YWCA has delivered social impact through its many direct services and community-based programs. YWCA USA is dedicated to eliminating racism, empowering women and promoting peace, freedom and dignity for all.

Best Time in History for Women to Invest

This is the best in history for women to learn how to invest. The markets are volatile, mergers and acquisitions are frequent, and political friction is increasing uncertainty. It’s the best time for women to dive in and explore the markets because we’re not looking at a straight investment path. You have to think more strategically in this environment. And when you can learn how to navigate a period of turbulence, you unlock another level of possibilities that you can tap into as an investor.

If you are just starting your investment journey, join The Wealthy Woman Investor to gain the foundational skills and market insights you need to build your first investment portfolio.

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