At a timely moment when gender equality is being thoroughly debated in the news, UBS has launched an ETF based on global gender equality with Equileap, provider of data related to gender equality in the corporate sector.
The ETF based on Equileap’s Global Gender Equality 100 Leaders Index is described as providing investors with one more opportunity to make a difference, as demand in the market for this type of products keeps increasing, and gender equality is more than ever a hot topic around the world.
Diana van Maasdijk, CEO Equileap, says: “We founded Equileap to give individuals and institutions the tools and information needed to invest, aiming for both a return and a more equitable world. We are encouraged by the growing interest in our high quality data and relevant insights into gender equality in the workplace and we have a few interesting developments ahead of us for 2018, starting with this ETF with UBS.”
Equileap has gathered a comprehensive database, by investigating manually and in-depth over 3,000 companies globally. This data can be used for a variety of purposes, including as guidelines for companies willing to improve, as ranking for employees and candidates, or as a starting point for financial products.
The Global Gender Equality UCITS ETF, a joint collaboration between UBS Asset Management and UBS Wealth Management, has been listed today on the Swiss Exchange SIX (Bloomberg ticker GENDER SW Equity).
Michael Baldinger, Head of Sustainable and Impact Investing at UBS Asset Management, says: “This is another big step in sustainable and impact investing innovation. The launch of this new ETF provides investors with a unique opportunity to benefit from systematically investing in the leading global companies on gender diversity, based on Equileap’s pioneering research into corporate gender diversity, while at the same time having the potential to achieve strong returns.”