NACP Profile
The Impact Shares NAACP Minority Empowerment ETF (NACP) operates as an exchange-traded fund that seeks to replicate the performance of the Morningstar Minority Empowerment Index. Launched on July 18, 2018, NACP is designed to provide investors with exposure to a diversified portfolio of US large- and mid-cap companies selected and weighted based on rigorous social criteria established by the NAACP (National Association for the Advancement of Colored People). This thematic focus emphasizes companies committed to advancing minority empowerment through their business practices, policies, and community engagement initiatives.
NACP's index methodology incorporates qualitative assessments conducted by Morningstar, ensuring that constituent companies exemplify leadership in promoting diversity, equity, and inclusion within their operations. The ETF's portfolio includes companies recognized for fostering workplace diversity, supporting minority-owned businesses, and advocating for social justice issues aligned with the NAACP's mission. By tracking the index's performance, NACP aims to offer investors an opportunity to align their investment objectives with societal values, while potentially benefiting from the financial performance of companies that prioritize minority empowerment.
The ETF's investment strategy is rooted in Impact Shares' commitment to promoting positive social change through responsible investing. Managed with a focus on impact, NACP provides transparency and accountability in its selection process, reflecting Impact Shares' dedication to delivering measurable outcomes in advancing minority economic empowerment. As part of Impact Shares' broader mission to harness the power of capital markets for social good, NACP serves as a vehicle for investors seeking to drive meaningful change while pursuing competitive financial returns.
Managed by Impact Shares, a nonprofit investment firm dedicated to creating ETFs that address social and environmental challenges, NACP represents a pioneering approach to impact investing. By leveraging the expertise of industry leaders and leveraging strategic partnerships with organizations like the NAACP, Impact Shares aims to empower investors to contribute positively to societal issues while achieving their financial goals. Through NACP, Impact Shares continues to expand the landscape of socially responsible investing by offering a compelling investment solution that integrates financial performance with measurable social impact.
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