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An ETF to make International Women’s Day more than one day a year

This International Women’s Day on March 8 you can vote for the empowerment of women with your savings as well as your ballot.

The YWCA Impact Shares Women’s Empowerment ETFWOMN, -0.82% bills itself as the first socially conscious, ESG (Environmental, Social and Governance) exchange-traded fund that singles out women’s issues specifically in its investment policy.

If the new fund succeeds it could prove a model for other ESG funds to target specific issues in the future.

The ETF, launched last August, invests in companies based on 19 screens designed to measure their commitment to gender equality and fairness.

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