Many investors say the financial crisis had no impact on their lives, rising market pushes hedge funds to hit all-time asset highs despite fund outflows in October, and brick-and-mortar stores saw a successful Black Friday.
The Impact Shares YWCA Women's Empowerment ETF is expected to launch in the first quarter of 2018, and enable people to invest with companies that promote women's interests and take strong stands against workplace harassment.
In a market increasingly characterized by passive investing, the index players can direct billions of dollars of investment flows by reclassifying a single country or company.
“The fact that you couldn’t buy this on major brokerage platforms has likely hampered their ability to gain scale," said Todd Rosenbluth, director of ETF and mutual fund research at CFRA.
The actively managed “iShares Evolved” funds will target major industry groupings: financials, healthcare, media, consumer staples, consumer discretionary and, of course, technology.