Vegan ETF launches on NYSE in September

Jonathan Boyd
clock • 2 min read

US fund manager Beyond Investing will launch the US Vegan Climate ETF (VEGN) on 10 September on the New York Stock Stock Exchange, in response to what it says is growing demand to find investments that meet criteria of vegan investors. The strategy is based on tracking the US Vegan Climate index, which was launched by Beyond Investing in June 2018. This index uses the Solactive US Large Cap index, and filters out businesses that are deemed incompatible with a vegan and climate concious approach to investing. Stocks that are excluded are replaced with mid cap alternatives that meet the cr...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.