Are Women Better CEOs? New ETF Bets on Female Leadership

Submitted by Mastodon on Wed, 2023-01-11 02:02

Article here. Excerpt:

'Hypatia Capital Management, an asset management firm focused on female leadership and investors, is placing a big bet on the success of companies led by women.

The actively managed Hypatia Women CEO ETF (WCEO), launched Monday, aims to invest at least 80% of its assets in U.S. companies that are led by a female CEO and up to 20% in companies whose executive chairperson is a female, according to the prospectus.

The ETF will also follow the Hypatia Women CEO Index, an index that tracks companies with female CEOs and market capitalizations of at least $500 million.'

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