'ELLE' Gives a Global ETF Spin on Corporate Gender Equality

'ELLE' Gives a Global ETF Spin on Corporate Gender Equality

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Business

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Hard

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The Elle ETF, listed in London and Paris under the ticker 'L', focuses on gender equality by tracking 150 global companies excelling in gender balance, equal pay, and women's policies. With $25 million in assets, it primarily invests in the US, UK, France, Australia, and Sweden. The fund, launched in December 2017, has a single-digit total return but improved by over 10% this year, aligning with the MCI World Index. It features large-cap companies in banking, telecoms, and utilities, with an expense ratio of 20 basis points.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary focus of the ETF mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What criteria does the fund use to evaluate companies for gender equality?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which countries are most represented in the fund's holdings?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What industries make up the largest portion of the fund?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the fund performed since its launch in December 2017?

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