Looking to invest in companies that care about equality? This NAACP-backed ETF may be the answer

by Raven Helen

Two years ago, the NAACP partnered with Impact Shares—a nonprofit fund manager specializing in socially conscious, ESG-focused exchange-traded funds (ETFs)—to develop a novel investment product. 

While the ESG (environmental, social, and governance) investing movement was already gaining a foothold in the world of finance, both organizations noticed a notable gap—funds that target, and reward, companies with policies promoting diversity and racial equality.

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