Good 'KRMA' Pays Off for One ETF

The Karma fund is an equal-weighted ESG fund trading under the ticker 'Karma'. It provides exposure to US-listed companies that positively impact five key stakeholders: customers, suppliers, stock and debt holders, local communities, and employees. The fund tracks an index using a proprietary process to select its holdings, including companies like Ford, Starbucks, Intel, and American Express. With a minimum market cap of $2 billion, it excludes small caps. The fund has an expense ratio of 43 basis points and has accumulated $50 million in assets. Since its launch in July 2016, it has returned over 30%, outperforming the S&P 500. It also receives a favorable rating from Bloomberg Intelligence for its equal weighting.

What are the five key stakeholders that the Karma fund aims to achieve positive outcomes for?

Describe the three-step process used by Karma to determine its holdings.

What is the minimum market capitalization for companies to be included in the Karma fund?

What is the expense ratio of the Karma fund?

How has the Karma fund performed since its launch in July 2016 compared to the S&P 500?