 The
US Vegan Climate Index ETF is an exchange-traded fund that seeks to
provide investors with exposure to U.S. companies that meet certain
sustainability and ethical criteria. The fund is managed by Beyond
Investing, a firm that specializes in developing sustainable
investment solutions.
As of September 2021, the VEGN ETF had a
net asset value of approximately $48 million and held over 400
individual stocks. The fund's portfolio is focused on U.S. companies
that meet certain sustainability and ethical criteria, including the
exclusion of companies involved in animal exploitation, animal
testing, and animal-derived products.
The VEGN ETF is designed
to provide investors with a way to potentially benefit from the growth
potential of U.S. companies that are committed to sustainability and
ethical practices. However, investors should be aware that investing
in thematic strategies carries its own set of risks, including
concentration risk, volatility, and potential lack of diversification.
The expense ratio for the VEGN ETF is 0.60%, which is relatively
high compared to the expense ratios of some other thematic funds. This
may make the VEGN ETF a less attractive option for investors seeking
thematic funds at a lower cost.
Overall, the US Vegan Climate
Index ETF may be a suitable investment for investors seeking exposure
to U.S. companies that meet certain sustainability and ethical
criteria. However, as with any investment, it is important to conduct
your own research and consider your investment goals and risk
tolerance before investing in the fund.
|
