Impact Shares, the first 501(c)(3) nonprofit exchange-traded fund (ETF) platform, is proud to announce it has won the Most Innovative ETF Issuer of the Year award at the 2018 ETF.com Awards, as well as the New ESG/Impact ETF of the Year recognition at the Mutual Fund Industry & ETF Awards 2019.
The Most Innovative ETF Issuer of the Year accolade issued by ETF.com is awarded to the ETF issuer that has launched the most innovative and groundbreaking ETFs in 2018. Impact Shares was selected among six finalists by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts from throughout the ETF community.
Impact Shares was also awarded New ESG/Impact ETF of the Year by the judging panel at Fund Intelligences Mutual Fund Industry & ETF Awards 2019 from a shortlist of four finalists, including Vanguard, DWS and Goldman Sachs.
We are honored to be recognized as an innovative leader in the asset management industry by the talented committee of recognized industry experts convened by ETF.com and Fund Intelligence, said Ethan Powell, CEO of Impact Shares. Socially responsible investing is an increasingly important issue. We are excited to continue to employ our investment strategies in pursuit of financial beta, while working with focused advocacy groups to use capital for improvements in targeted social issues. We have seen this model work with nonprofit partners such as the YWCA, NAACP and the United Nations Capital Development Fund to help change the world of impact investing.
Impact Shares current funds include the Impact Shares YWCA Womens Empowerment ETF (WOMN), the Impact Shares NAACP Minority Empowerment ETF (NACP) and the Impact Shares Sustainable Development Goals Global Equity ETF (SDGA).
In the first quarter of 2019, Impact Shares received a multi-million-dollar investment from the Sarowitzes family office (the founders of Paylocity) into WOMN and NACP. We are proud to be an early adopter of this new model of aligning our capital to the advocacy work of these great social organizations, says Jim Casselberry, an industry veteran and CIO of the Sarowitzes family office.
The annual ETF.com Awards honors the products, people and companies that made a difference in the ETF industry in 2018. The full list of award recipients is available here. Celebrating its 26th anniversary, Fund Intelligences Mutual Fund Industry & ETF Awards celebrate the innovation shown by managers and service providers working in the mutual fund and ETF industries. The shortlist of finalists and honorees can be viewed here.
Investors can learn more about Impact Shares and its ETFs at impactetfs.org.
About Impact Shares
Impact Shares is an ETF issuer and investment manager that is creating a new and innovative platform for clients seeking maximum social impact with market returns. Impact Shares’ goal is to build a capital markets bridge between leading non-profits, investors and corporate America to direct capital and social engagement on societal priorities. Impact Shares is a tax-exempt non-profit organization under Section 501(c)(3) of the Internal Revenue Code. For more information about Impact Shares visit impactetfs.org.
Statements in this communication may include forward-looking information and/or may be based on various assumptions. The forward-looking statements and other views or opinions expressed herein are made as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated and there is no guarantee that any particular outcome will come to pass. The statements made herein are subject to change at any time. Impact Shares disclaims any obligation to update or revise any statements or views expressed herein.
Carefully consider the Funds investment objective, risk factors, and expenses before investing. This and additional information can be found in the Impact Shares statutory and summary prospectus, which may be obtained by calling 855-267-3837, or by visiting ImpactShares.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments and investments in smaller companies typically exhibit higher volatility. Investments in commodities are subject to higher volatility than more traditional investments. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Funds gains or losses. The Fund is non-diversified.
Impact Shares NAACP Minority Empowerment ETF, Impact Shares YWCA Minority Empowerment ETF and Impact Shares Sustainable Development Goals Global Equity Fund ETF are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Impact Shares Corp., the Investment Adviser for the Fund.