Humankind launches Humankind US Stock ETF

By Taylor Fox

New York, Feb. 24 – Humankind Investments launched its first exchange traded fund, the Humankind US Stock ETF, according to a news release.

The fund seeks to provide broad exposure to U.S. equities with a focus on companies that contribute the greatest value to society, as measured by Humankind’s proprietary index.

This fund launch marks the first in a series of socially responsible ETF products from Humankind Investments.

The Humankind US Stock ETF leverages the firm’s proprietary Humankind US Equity index to track the top 1,000 U.S. companies that promote healthier, safer, more equitable and longer lives.

The index’s ranking is based on a quantitative analysis of each company’s positive and negative contributions to society as measured by its impact on investors, consumers, employees and citizens.

The firm’s index scoring methodology draws on a combination of nationally recognized third-party data providers, as well as academic research, government data and NGO data to evaluate a universe of domestic U.S. companies.

Those that gain inclusion within the index are weighted based on their Humankind Value, subject to liquidity and diversification constraints.

Humankind is a manager specializing in socially responsible investments, based in New York.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.