Posted on 08/29/2021 7:59:39 AM PDT by RandFan
Fortune 500 corporate boardrooms increasingly have embraced a “woke” agenda — from Gillette lecturing its shavers about toxic masculinity to the Bank of America having guest speakers declare capitalism evil.
In response, some Wall Street players now are offering exchange traded funds (ETFs) that exclude left-wing companies, taking a page from the activist playbook that created investment programs to boycott enterprises deemed environmentally unfriendly.
A pair of investment programs that launched in the last year — the American Conservative Values ETF and the 2ndVote Advisers ETF — are led by directors who seek companies that have not launched ad campaigns or issued bulletins that they think prioritize liberal politics more than profits.
(Excerpt) Read more at washingtontimes.com ...
Take a note and talk to your broker!
I don’t necessarily reject the premise here but...........
Is this an investments made purely on ideology? That may be ok, but lets understand what it is.
Maybe I will read the article now.............
“I sometimes say this real slow when talking to professional economists, but we believe the companies that focus on their profits will be better investments than those that focus on social justice,” said Andy Puzder, a director of 2ndVote Advisers.
Investing means there is expectation of profit, it is not a gamble or lottery ticket.
Now what is profit? Anyone enlighten me?
“I sometimes say this real slow when talking to professional economists,
I post here often, “read it slowly and let your lips move”
Philosophically, I try to invest for fun and profit. This sounds fun and educational. Now profit has many different meanings and purposes. Again, enlighten me.
Following thread.
If I ever invest that’s where it will be
bump for later....
My two most over performing stocks over the last 10 or so years have been Microsoft (+400%) and Comcast (+380%).
Not so sure I would want my political ideology determining my investing behavior.
Never let the title of a book fool you...Research is fundamental.
Top 25 Holdings
Microsoft Corp.
NVIDIA Corp.
Adobe Inc.
Berkshire Hathaway Inc.
Procter & Gamble Co.
Home Depot Inc.
Costco Wholesale Corp.
Visa Inc.
Tesla Inc.
Cisco Systems Inc.
Bank of America Corp.
PayPal Holdings Inc.
UnitedHealth Group Inc.
PepsiCo Inc.
Netflix Inc.
T-Mobile US Inc.
Mastercard Inc.
Accenture PLC
Exxon Mobil Corp.
NextEra Energy Inc.
Intel Corp.
Danaher Corp.
Pfizer Inc.
Texas Instruments Inc.
Merck & Co. Inc.
If I ever have an extra money of consequence.
What we also need is a short fund of woke companies. Or I guess just short a woke etf.
bookmark
anti wokeness can be an indicator of mgt. tested with other things.
Not all investment is $
anti wokeness can be an indicator of mgt. tested with other things.
Not all investment is $
American Conservative Values ETF (ACVF) - 0.75%/yr.
Vanguard S&P 500 ETF VOO - 0.06%/yr.
It is an excellent idea until I took a look at their holdings. The portfolio has Microsoft as their heavy hitter and includes P&G. Don’t make no sense.
At least half that list has publicly SJWed including massive donations to the modern American Communist party (aka BLM), directing work effort to globalist causes, and hiring prominent leftists into board positions (Netflix!).
Between that and the heavy load, this is a scam to fleece unaware patriots with cute catch phrases and a friendly title.
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