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The fund will track the CIBC Human Capital Small Cap index, which is made up of about 200 small cap US companies rated on factors such as employee motivation, commitments to diversity goals and compensation fairness.
The private market investment group's advisory council includes well-known figures like Luminary CEO David Barnard, Ritholtz Wealth Management's Michael Batnick and AdvicePeriod CEO Steve Lockshin.
Cryptocurrencies have staged a comeback from last year’s doldrums, with Bitcoin almost doubling to break above $30,000 this week from around $16,600 at the start of 2023.