LGBTQ Loyalty Holdings, Inc. Launches LGBTQ + ESG100 ETF
May 18, 2021 at 06:00 am EDT
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LGBTQ Loyalty Holdings, Inc. announced through its wholly owned subsidiary, Loyalty Preference Index, Inc., the launch of the LGBTQ + ESG100 ETF. The LGBTQ + ESG100 ETF is one of the first funds designed to serve the principles and values of the LGBTQ community and its allies. The fund provides investors with the methodology and results related to performance of the top corporations that embrace ESG principles in the workplace and advance equality. The LGBTQ + ESG100 ETF offers investors access to U.S. large-cap equity securities of companies that have demonstrated a commitment to LGBTQ diversity and inclusion, along with ESG compliance, as part of their corporate social responsibility fundamental mandate. The fund will track the LGBTQ100 ESG Index (Ticker: LGBTQ100), powered by Fuzzy Logix, which identifies the top 100 corporations that most align with the LGBTQ community across America. It is the first-ever index to incorporate LGBTQ community survey data into the methodology, generating a benchmark of the nation's highest-performing companies that are most committed to advancing equality. For the 18-month period from November 2019 to April 2021, the Index generated a 43.84% return versus a 37.65% return for the S&P 500, while keeping volatility lower by 66 basis points of the benchmark. The Index was most recently reconstituted in March 2021.
LGBTQ Loyalty Holdings, Inc. is a financial methodology and media company. The Company is focused on unlocking the purchasing power of the LGTBQ community globally by offering a LGBTQ Index and core ETF portfolio that attract institutional investors and corporations. It provides the Loyalty Preference Index (the Index ETF), branded as the LGBTQ100 ESG Index, which is an environmental, social, and governance (ESG) Index. Its LGBTQ100 ESG Index integrates lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community survey data into the methodology for a benchmark listing of the nations financially performing large-cap publicly listed corporations. The Index ETF provides the LGBTQ community and their allies with various Fortune 500 companies that support and implement diversity, inclusion, and equality policies within their organizations. The Company, through its wholly owned subsidiary, Loyalty Preference Index, Inc. (LPI), provides an index for the LGBTQ + ESG100 ETF.