V-SQUARE Announces Launch of V-Shares US Leadership Diversity ETF (VDNI)
December 21 2021 - 9:00AM
Business Wire
Chicago based V-Square Quantitative Management LLC (V-Square), a
global asset management firm with sustainability at its core,
announced today that it has expanded its market-leading
capabilities with the launch its first thematic ETF the V-Shares US
Leadership Diversity ETF (VDNI).
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the full release here:
https://www.businesswire.com/news/home/20211220005006/en/
Mamadou-Abou Sarr, co-Founder and
President (Left), Habib Moudachirou, co-Founder and Chief
Investment Officer (Right) (Photo: Business Wire)
Designed to track the ISS ESG US Diversity Index, the fund is
the first ETF to hold a basket of companies with a specific focus
on both broad ethnic and gender representation for board directors
and Named Executive Officers (NEOs). Fund's holdings are selected
from a universe of large, mid, and small capitalization US
companies.
“We are thrilled to launch the V-Shares US Leadership Diversity
ETF (VDNI), tracking an innovative index, seeking to unlock the
diversity value, and focused on diversified human capital in
leadership positions accounting for both gender and ethnicity,”
said Mamadou-Abou Sarr, Co-Founder and President of V-Square
Quantitative Management.
“VDNI is a great addition to our investment offering, providing
investors with a thoughtful way to align their US All Cap exposure
with their values.”
With the launch of VDNI, V-Square expands its relationship with
ISS ESG, the responsible investment arm of Institutional
Shareholder Services Inc. (ISS) and will be the first asset manager
in the US to license the ISS ESG US Diversity Index for an ETF.
“Diversification and Diversity have more in common than their
Latin root, they both carry value. Human capital is a key driving
force of any business, that too enjoys the benefits of
diversification. Diversity at the senior leadership level is often
a foreteller of a healthy company culture, which in turn
strengthens the levers and drivers of sustainable corporate
performance,” said Habib Moudachirou, Co-Founder and Chief
Investment Officer of V-Square Quantitative Management.
The investment framework for VDNI will be reinforced by
V-Square’s custom proxy voting policy guided by the core tenets of
accountability, stewardship, transparency, and sustainability. By
focusing on these areas of responsible governance, V-Square seeks
to promote long-term shareholder value creation and risk mitigation
at portfolio companies.
A thematic ETF
“We are excited that V-Square has chosen the ISS ESG US
Diversity Index Total Return to launch its first thematic ESG ETF
suite. This launch is both timely and highly relevant for the many
institutional investors and asset owners now working to incorporate
best-in-class gender and ethnic diversity metrics into their
portfolios,” said Hernando Cortina, Head of Index Strategy at ISS
ESG.
For more information about V-Shares, visit www.v-shares.com. For
more news and information about V-Square, visit www.vsqm.com.
About V-Square
V-Square Quantitative Management LLC is a global asset manager
with sustainability at its core. V-Square specializes in developing
and managing customized passive and factor-based portfolios and
delivers analytics to integrate Environmental, Social and
Governance (ESG) into portfolio, risk management and reporting. A
subsidiary of Chicago private equity firm Valor Equity Partners,
V-Square has a unique approach to sustainability taking a long-term
view that is deeply rooted in academic research overlayed with a
rigorous quantitative process.
Disclosures
The V-Shares US Leadership Diversity ETF (VDNI) invests in
domestic companies (US) exhibiting broad ethnic and gender
representation for Directors and Named Executive Officers (NEO).
The fund seeks to provide investment results that correspond
generally to the price and yield performance, before fees and
expenses, of the ISS ESG U.S. Diversity Index Total Return (Ticker
ISSDIVUT).
Carefully consider a Fund's investment objectives, risk
factors and charges and expenses before investing. This and other
information can be found in the Fund's prospectus, which may be
obtained by calling + 1 844 VSHRETF (1 844 874 7383) or by visiting
the Fund's website v-shares.com to view or download a prospectus.
Read the prospectus carefully before investing.
As with all ETFs, Shares may be bought and sold in the secondary
market at market prices. Although it is expected that the market
price of Shares will approximate the Fund's NAV, there may be times
when the market price of Shares is more than the NAV intra-day
(premium) or less than the NAV intra-day (discount) due to supply
and demand of Shares or during periods of market volatility.
Passive Investment Risk. The Fund is not actively managed and
therefore the Fund generally will not sell a security due to
current or projected underperformance of a security, industry or
sector, unless that security is removed from the Underlying Index
or the selling of the security is otherwise required upon a
rebalancing of the Underlying Index.
Methodology Risks. The Index Provider relies on various sources
of information to assess the criteria of issuers included in the
Underlying Index, including information that may be based on
assumptions and estimates. Neither the Fund nor the Index Provider
can offer assurances that Underlying Index's calculation
methodology or sources of information will provide an accurate
assessment of included issuers or that the included issuers will
provide the Fund with the market exposure it seeks.
V-Shares US Leadership Diversity ETF is distributed by Quasar
Distributors, LLC. V-Square Quantitative Management, LLC acts as
the investment advisor to the Fund. Quasar and V-Square are
unaffiliated entities.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211220005006/en/
Erik Norland, Head of Distribution V-Square Management LLC
Marketing and Media Relations P: 312-872-7281 E:
marketing_team@vsqm.com W: www.vsqm.com
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