YWCA-Backed ETF ranked in top percentile of its Morningstar peers
Impact Shares, the first non-profit ETF sponsor in the U.S., celebrates the three-year anniversary of the Impact Shares YWCA Women’s Empowerment ETF (NYSE: WOMN).
Backed by the YWCA, WOMN allows investors to deploy capital to companies with strong policies and practices in support of women’s empowerment and gender equality. Since its inception on August 24, 2018, WOMN has generated a 25.08% annualized total return, placing it within the top percentile of the 1,256 funds in Morningstar’s U.S. Fund Large Blend Category (as of 8/25/21).
“WOMN’s track record for the past three years speaks for itself, clearly illustrating that investors don’t need to sacrifice performance in order to invest in line with their values,” says Ethan Powell, CEO of Impact Shares. “We’re grateful for the ongoing support from our partners at the YWCA and Morningstar Indexes. We look forward to continuing our mission to harness the power of capital to drive social change.”
WOMN tracks the Morningstar Women’s Empowerment Index, using Equileap data to include companies that align with the YWCA’s vision of how corporations can advance women’s empowerment and gender equality. Founded in 1858 as a voice for women’s issues, YWCA USA represents more than 200 YWCA associations in 46 states and the District of Columbia. YWCAs across the United States serve over two million women and families each year in over 1,200 communities.
“The WOMN ETF puts the ability to empower women in everyone’s hands. It allows us to leverage the capital markets to further an essential part of our mission – to empower women,” said Elisha Rhodes, Interim CEO and COO, YWCA USA. “It is my hope, and that of almost 200 local associations, that female and male investors alike seize an opportunity like this one to encourage companies to work more proactively to address the issues impacting women today and advance gender equality.”
“Applying an ESG lens to all levels of portfolio management and asset allocation has been a rapidly growing focus for investors. This is particularly true in the area of gender diversity, where history has shown that forward-thinking social policies often go hand-in-hand with competitive performance,” said Amelia Furr, Head of Sales for Morningstar Indexes. “We are proud to provide the index that has helped power WOMN to success in its first three years.”
Impact Shares, itself a 501(c)3 nonprofit ETF issuer, donates the net advisory proceeds it receives from each ETF it sponsors back to the collaborating nonprofit partner1. In addition to WOMN, the firm has three other ETFs currently on the market: the Impact Shares NAACP Minority Empowerment ETF, the Impact Shares Sustainable Development Goals Global Equity ETF and the Impact Shares Affordable Housing MBS ETF.
For more information on Impact Shares, visit: https://www.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 nonprofits, 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.
As of 8/25/21, WOMN was ranked in the first percentile out of 1,256 U.S. Large Blend Funds for the 3-Year period. As of 8/25/21, WOMN was ranked in the fifth percentile out of 1,356 U.S. Large Blend Funds for the 1-year period.
As of 6/30/21, WOMN’s 1 year return (NAV): 26.22%, (Market Price): 46.19%. Since inception (NAV): 25.02%, (Market Price): 24.61%. Expense ratio: 0.75%. Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed or sold, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. Market returns does not represent the returns you would receive if you traded shares at other times. For performance data current to the most recent month end, please call 844-448-3383.
Beginning 12/17/2020, the market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. Prior to 12/17/2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.
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 objectives, risk factors, and expenses before investing. This and additional information can be found in the Impact Shares statutory and summary prospectuses, which may be obtained by calling 855-267-3837, or by visiting ImpactETFs.org. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. 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 Fund’s gains or losses. The Fund is non-diversified.
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.
Impact Shares ETFS are distributed by SEI Investments Distribution Co., with is not affiliated with Impact Shares Corp.
About YWCA USA
YWCA is dedicated to eliminating racism, empowering women and promoting peace, justice, freedom and dignity for all. We are one of the oldest and largest women’s organizations in the nation, serving over 2 million women, girls, and their families.
YWCA has been at the forefront of the most pressing social movements for 160 years — from voting rights to civil rights, from affordable housing to pay equity, from violence prevention to health care reform. Today, we combine programming and advocacy to generate institutional change in three key areas: racial justice and civil rights, empowerment and economic advancement of women and girls, and health and safety of women and girls.
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1 Net Profits is the excess, if any, of Impact Shares’ fund fees after the deduction of operating expense and a reserve for working capital. The fund is not sponsored, endorsed, or promoted by YWCA.
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Contacts
Sales Contact:
Impact Shares
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info@impactetfs.org
or
Media Contact:
Gregory FCA for Impact Shares
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