Have you heard the news? 🤔 Ark Invest is in the process of launching its second (PG-themed) ETF this year.
If approved by the SEC, Ark Invest’s new Transparency ETF will invest in companies like Salesforce, Chipotle, Square, Nike, and Amazon. The fund will avoid investing in banking, fossil fuels, gambling, alcohol, and tobacco. 🛑 ✋
Wood’s Transparency Fund might sound like an ESG fund, which are funds which invest in companies with strong corporate responsibility. However, Wood’s ETF has a twist: it’s focused on buying companies which are transparent and forthcoming with their business operations.
We’re excited to see what Wood’s latest ETF has in store; Ark Invest’s space-themed Space Exploration and Innovation ETF from Mar. 2021 was one of the most successful fund launches ever. It now manages over $627 million in assets. 🚀 💰