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Impact Shares Celebrates Five Year Anniversary of the NAACP Minority Empowerment ETF (NYSE: NACP)

Impact Shares’s flagship NACP ETF celebrates five years of advancing racial diversity and equity in corporate America

Impact Shares is proud to announce the five year anniversary of its flagship product, the NAACP Minority Empowerment ETF (NYSE: NACP). Launched in July 2018 in partnership with the National Association for the Advancement of Colored People (NAACP), NACP remains the only ETF product on the market that allows investors to allocate capital to U.S. companies with strong racial and ethnic diversity policies in place.

NACP tracks the Morningstar Minority Empowerment Index, which is designed to provide exposure to U.S. companies that prioritize strong diversity policies, empowering employees regardless of race or nationality. Year-to-date, NACP is ranked in the sixth percentile of the 1,402 funds in Morningstar’s U.S. Fund Large Blend Category (as of 7/13/23; based on NAV). NACP has generated a 18.90% (NAV) / 18.78% (Market Price) 1-year return and a 12.20% (NAV) / 12.23% (Market Price) annualized return since inception (as of 6/30/23).

"At Impact Shares, we are steadfast in our conviction that financial investments can be a catalyst for transformative social change," said Ethan Powell, Founder and CEO of Impact Shares. "By aligning their capital with their principles, our investors are shaping a future where financial prosperity and social progress may seamlessly converge, empowering individuals and communities alike to thrive and prosper."

As a nonprofit ETF issuer, Impact Shares is committed to using its platform for social impact. Impact Shares helps organizations translate their social values into an investable product traded on the NYSE. The Impact Shares suite of ETF also includes the YWCA Women’s Empowerment ETF (NYSE: WOMN), which is designed to provide exposure to companies supporting women’s empowerment and gender equality, as well as the Impact Shares Affordable Housing ETF (NYSE: OWNS), which seeks to invest in the dignity of homeownership for minority and low-and-moderate income families.

To learn more, visit: https://impactetfs.org/

About Impact Shares

Impact Shares is an ETF issuer and investment manager that is creating a new and innovative platform for clients seeking maximum social impact with market returns. Impact Shares' goal is to build a capital markets bridge between leading nonprofits, investors and corporate America to direct capital and social engagement on societal priorities. Impact Shares is a tax-exempt non-profit organization under Section 501(c)(3) of the Internal Revenue Code. For more information about Impact Shares visit impactetfs.org.

Carefully consider the Funds investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in Impact Shares’ statutory and summary prospectus, which may be obtained by calling 844-448-3383, or by visiting www.impactetfs.org. Read the prospectuses carefully before investing.

Investing involves risk, including the possible loss of principal. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Past performance is no guarantee of future results. Investment in commodities are subject to much higher volatility than more traditional investments. Narrowly focused investments and investment in smaller companies typically exhibit higher volatility. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. Mortgage-backed securities are subject to prepayment and extension risk and therefore react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain mortgage-backed securities.

Impact Shares ETFs are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Impact Shares Corp., the Investment Adviser for the Funds, the YWCA, NAACP, or UNCDF. Nor is SIDCO affiliated with Morningstar or Sustainalytics.

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