God Bless America ETF
ETFs
Wall Street has received a new thematic exchange traded fund that works to fight against the growing ESG trend.: the God Bless America ETF (YALL). YALL is an anti-ESG exchange traded fund that attempts to screen out companies that are listed as “activists.” The ETF has been launched by Toroso Investments and is sub-advised by Curran Financial Partners.
According to the fund’s perspective: “The Sub-Adviser eliminates companies that, in the Sub-Adviser’s assessment, have emphasized politically left and/or liberal political activism and social agendas at the expense of maximizing shareholder returns.”
YALL….LOL…That is terrific
’bout time.
Of course, with the tide going out, they’ve got their work cut out for them to earn absolute returns.