The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:YWCA Celebrates Five Years In the ETF Space Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 29, 2023

YWCA Celebrates Five Years In the ETF Space

Reported by Neil Anderson, Managing Editor

The folks at a $198-million-AUM (as of yesterday) ESG shop in Texas and a Washington, D.C.-based non-profit are celebrating their joint ETF's wood anniversary.

Ethan Powell
Impact Shares
Founder and President
August 24 was the fifth birthday of the Impact Shares YWCA Women's Empowerment ETF (WOMN on the NYSE Arca), and to celebrate the YWCA USA and Impact Shares teams rang the NYSE's closing bell that day. The passively managed fund is one of Impact Shares' three funds and is a series of Impact Shares Trust I. Dallas-based Impact Shares is a seven-year-old, non-profit ETF issuer that specializes in teaming up with nonprofits to create bespoke indexes and ETFs, and WOMN's anniversary comes about a month after the anniversary of Impact Shares' flagship.

WOMN's inception date was August 24, 2018. As of yesterday, the fund had $40.467 million in AUM. It comes with an expense ratio of 75 basis points.

Morningstar, Inc. serves as WOMN's index provider, and the fund is designed to track the Morningstar Women's Empowerment Index. Impact Shares, Corp. is the fund's investment advisor, and Impact Shares president Ethan Powell has PMed the fund since inception. YWCA is the partner non-profit to the fund.

"WOMN continues to successfully illustrate the investor demand for mission-driven, value-aligned products," Powell states, praising YWCA's "unwavering commitment" to Impact Shares' "mission to drive social change through financial investments."

Margaret Mitchell, CEO of YWCA USA, describes the ETF as "yet another way that YWCA demonstrates [its] commitment to gender equity and [its] innovative approach to realizing that ideal in America."

"We are proud of our strong partnership with Impact Shares in the pursuit of a more equitable future for women," Mitchell states. "We're excited that investors are seeing the tremendous potential to support companies that are promoting gender equity and empowering women."

WOMN's other service providers include: Bank of New York Mellon as custodian, dividend disbursing agent, and transfer agent; Ernst & Young LLP as independent accounting firm; SEI Investments Distribution Co. as distributor; and SEI Investments Global Funds Services as administrator. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. MFDF webinar - Unique Oversight Considerations For ETFs, December 6
  2. Stradley Ronon's Financial Services Regulatory Workshop, December 6
  3. WE South - A Deep Dive Into the Offshore Ecosystem, December 6
  4. SEC Investor Advisory Committee Meeting, December 7
  5. MMI webinar - From an Idea to a Movement: Choosing Self-Confidence + Finding Our Strengths, December 7
  6. MMI webinar - Make Your Money Work For You, December 12
  7. MFDF In Focus: Impacts of SCOTUS Affirmative Action Decision on Fund Boards and Industry Diversity Efforts, December 12
  8. P&I Best Places to Work In Money Management - The Future of Asset Management, December 12
  9. MFDF webinar - Investment Valuation and Governance: Deloitte's 21st Annual Fair Valuation Pricing Survey, December 13
  10. MFDF Director Discussion Series - Open Forum via Zoom, December 14
  11. MFDF 2024 Directors' Institute, January 22 - 24, 2024
  12. 2024 ICI Innovate, February 6 - 8, 2024
  13. The Advyzon Conference, February 20 - 22, 2024
  14. Raymond James 2024 Annual Shareholders Meeting, February 22, 2024
  15. MFDF 2024 Fund Governance & Regulatory Insights Conference, March 7 - 8, 2024
  16. Nicsa 2024 Strategic Leadership Forum, March 13 - 15, 2024
  17. 2024 MMI Summit, March 13 - 14, 2024
  18. Women In ETFs 10-Year Anniversary Celebration, March 14, 2024
  19. Wealth Management Edge 2024, May 13 - 16, 2024
  20. MFDF Conference of Fund Leaders Forum, June 5, 2024
  21. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20, 2024
  22. Morningstar Investment Conference Conference 2024, June 26 - 27, 2024
  23. 2024 MMI Annual Conference, October 15 - 17, 2024

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use