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.”