Looking to invest in your lifestyle, financially? With no question the vegan & plantbase markets are rapidly increasing. Most of us wouldn’t invest in anything that didn’t have projections to earn, right? But, it’s always a little easier to put your money up on something you have strong feelings for as well, the old “win-win” situation.
There’s a couple of different avenues to go down if your looking to invest in this market. One, you could invest in some companies that are in the market of vegan/plantbase products, however that company may also have products that aren’t. The next option would be to invest in a fund that is exclusive to your interests, without exception. That option maybe “Beyond Investing”
Beyond Investing is a vegan and cruelty-free investment platform providing access to investment products which adhere to vegan principles and accelerate our transition to a kinder, cleaner and healthier world.
Beyond Investing’s first EFT (VEGN), recently breakthrough on NYSE, about a month ago now and has held steady in an unstable market, which makes this a good sign for this fund. This investment opportunity is providing a new fresh spin on socially responsible investing. Beyond Investing is the firm behind the new fund that is focusing on investing in companies that are “good for the environment and good for people.”
This ETF is based on the Beyond Investing US Vegan Climate Index — an index with 275 companies. That index, itself, is based on the Solactive US Large Cap Index, which tracks America’s biggest publicly traded firms.
Beyond Investing, excludes companies engaged in animal exploitation, human rights abuses, fossil fuels extraction and energy production, and other environmentally damaging activities” this is according to the fund’s prospectus.
Beyond Investing’s team decides which stocks to exclude and which new ones to add.
http://www.beyondinvesting.com/our-indices/index/ is a passive, rules-based index of U.S. large cap stocks, screened according to vegan and climate-conscious principles, excluding stocks of companies whose business activities include the following:
- Animal testing
- Animal-derived products, animal farming, and other exploitation activities
- Animals in sport and entertainment
- Research, development, and use of genetically engineered animals
- Extraction or refining, or services principally related to the extraction or refining, of fossil fuels
- Burning of fossil fuels for energy production
- Other activities having a significant negative environmental impact (e.g., high carbon intensity activities, high climate change impact, habitat destruction), unless the applicable company undertakes positive initiatives that effectively address those impacts
- Tobacco products
- Armaments and products specifically designed for military and defense uses
- Contributions to the abuse of human rights or lack of robust, detailed, and independently published policies covering human rights and child/forced labor
VEGN will track the US Vegan Climate Index (ticker: VEGAN).
As time goes on, the adage that there is an exchange-traded fund (ETF) for everything has become more and more true. ETFs have been the trendiest mainstream investment sphere for many years, and the field has grown crowded with thousands of funds. Each fund aims to offer low-cost access to a wide portfolio of stocks, most often linked together by a theme, trend or other identifiable commonality.
An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur.
EFT’s seem to be a good match for an investor with vegan/plantbase mindset. This investment may not only be a great ethical investment, but this is trending to be a solid gainer in weeks to come, especially with this market’s popularity. Keep an eye on this folks.
The number of vegans is soaring in the U.S. and ESG strategies are gaining popularity with younger investors, in particular Millennials. This will be a huge advantage for VEGN, moving forward.
“The letters “ESG” stand for environmental, social, and governance. Investors who employ this strategy examine criteria within these three categories to analyze stocks.”
In the past, strict vegans and environmentalists interested in profiting on the stock market didn’t have many choices with investments, often inadvertently, profit from the harm of animals or the environment through their investment options. The newly accepted launch means that animal advocates and environmentalists now have an ethical stock investment option that is both cruelty-free and fossil fuel-free…
There are so many compassionate people that go to great efforts to avoid buying products that contain animal ingredients or have been subject to cruel testing, but when it comes to their investment options, they’re not interested in supporting companies and industries that exploit and torture animals. This ETF gives the opportunity to invest in line with strong vegan values and maybe a profitable investment as well.
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