Socially-Responsible ETFs Now Come With a Twist | bloomberg.com

A nonprofit investment manager is starting a group of “socially responsible” exchange-traded funds that could change the face of values-based investing. Their twist: a little help from the experts themselves.

Impact Shares Corp.’s NAACP Minority Empowerment ETF, ticker NACP, is expected to start trading Thursday on the New York Stock Exchange. The fund is the first in what the firm hopes to be a a series of ETFs that hone in on single issues rather than broad ESG strategies that focus on environmental, social and governance issues all together.

Read full article here