N@N

New anti-woke ETF invests in companies shunning DEI policies

The article from Yahoo Finance discusses the launch of the "American Conservative Values ETF" (ACVF), which is designed to appeal to investors who wish to avoid companies perceived as promoting "woke" agendas. This ETF specifically excludes companies like Twitter, under Elon Musk's leadership, and others like Disney, which have been criticized by conservative groups for their social and political stances. The fund, which began trading in October 2020, focuses on investing in companies that align with conservative values, avoiding those that engage in what it terms as "cancel culture" or support for movements like Black Lives Matter. The ETF has seen its assets grow to $10 million, indicating a niche but growing interest in investment vehicles that reflect political ideologies. The fund's strategy includes not only avoiding companies with certain social policies but also those that might be at risk of conservative-led boycotts or regulatory scrutiny.

Read the Full Yahoo Article at:
[ https://www.yahoo.com/news/anti-woke-etf-invests-companies-114733415.html ]