The power of capital: a new product for activist investors
Change Finance is a majority women-owned asset manager – and we love the thinking behind the launch of its new ETF. The investment product is the first to use diversified impact investment screens to look beyond just excluding fossil fuels.
So what does it involve? Change Finance has taken the largest 1,000 stocks in the US, scrubbed out the bottom 800 (as Donna puts it, ‘those with the least capacity to understand the wisdom of women’) – leaving a basket of the best companies.
Donna explains that the product aims to represent the best of public markets: having divested from the worst and added some smart activist strategies – ‘to make the best of the not-bad, and make them a lot better’
In a nutshell, with this new ETF, Change Finance wants to create a financial movement that starts with an investment product. We are looking forward to more of these types of products coming on line so that women investors across the world can invest and support.