Calculated and Distributed by Morningstar Indexes, the
Index Defines and Leads a New Global Investment Category in Capital
Markets
LOS
ANGELES, March 29, 2022 /PRNewswire/ -- VegTech™
Invest, advisor to the active VegTech™ Plant-based Innovation &
Climate ETF (NYSE: EATV), launches the VegTech™
Plant-based Innovation & Alternative Proteins Index (Ticker
EATVI) with calculation and distribution services
provided by Morningstar Indexes.
VegTech™ Invest is the first-to-market with a non-tracking,
active ETF and an Index that defines and leads this new global
investment category: Plant-based Innovation & Alternative
Proteins. The index serves as a benchmark for the emerging
sector.
Impact Investing in Alternative Proteins
The VegTech™ Index focuses on large-, mid- and small-cap
companies building a more efficient, cruelty-free and eco-friendly
food supply chain through disruptive technologies and
innovation. It offers exposure to companies that are
innovating with plants and plant-derived ingredients to create
animal free products for sustainable consumption, including
alternative proteins. These companies produce consumer packaged
goods, ingredients, biotechnology, agtech, scientific services and
other innovations.
"VegTech™ Plant-based Innovation & Alternative
Proteins Index represents an underweighted sector of the capital
markets that has experienced surprisingly high revenue growth over
the last several years. Few in the financial world are taking note
of the long-term impact of this sector.
"With this index, we are providing a benchmark for the capital
markets to be used in understanding the growth of plant-based
innovation and alternative proteins, and the inherent investment
opportunity therein," say Index Classification Committee member and
EATV Fund Manager, Dr. Sasha
Goodman. "We are proud to launch this new index supported by
the global calculation and distribution capabilities of Morningstar
Indexes."
The VegTech™ Index is listed on Bloomberg, Morningstar, and
others. Those interested in licensing the index can contact
info@VegTechInvest.com.
Be a Part of the Solution with the VegTech™ Active ETF (NYSE:
EATV):
VegTech™ Plant-based Innovation & Climate ETF (EATV)
launched on the New York Stock Exchange on December 28, 2021 and is a global fund of 40
publicly traded plant-based innovation companies.
The VegTech™ ETF (EATV) includes companies
innovating with plants and plant-derived ingredients to produce
animal-free products for sustainable consumption. VegTech™
Invest advisors Elysabeth Alfano and
Sasha Goodman believe these
companies positively impact climate change and solve some of the
world's most pressing problems such as food security,
deforestation, animal cruelty and growing public health
concerns.
EATV's top ten holdings are Amyris (NASDAQ: AMRS), Celsius
(NASDAQ: CELH), Oatly (NASDAQ: OTLY), Beyond Meat (NASDAQ: BYND),
E.L.F. Beauty (NYSE: ELF), MGP Ingredients (NASDAQ: MGPI),
Ingredion (NYSE: INGR), Givaudan (SS: GIVN), National Beverage Corp
(NASDAQ: FIZZ), and Vita Coco
(NASDAQ: COCO).
First To Market at a Critical Time
Interest in sustainability and planetary health is on the rise,
and plant-based consumption and plant-based investing are expected
to continue to grow.
In an October 13, 2021 commentary,
Innova Market Insights' Global Insights Director Lu Ann Williams noted, "One of the biggest
shifts we are seeing is that the health of the planet is now the
top concern of consumers. Personal health has been the big concern
for the past few years, but consumers now tell us that this has
been surpassed by global issues."
"We are proud to be the first to market with a non-tracking,
active ETF (EATV) and an industry benchmark index (EATVI) that are
laser focused on plant-based innovation and alternative proteins,
including fermented proteins and cultivated meat. These
advancements are shifting our food and materials supply systems to
be animal-free and sustainable. It's now or never," says
Elysabeth Alfano.
VegTech™ Invest
VegTech™ Invest™ advises
the VegTech™ Plant-based Innovation & Climate ETF,
(EATV.) EATV invests in companies actively
innovating with plants and plant-derived ingredients to create
animal-free products for sustainable consumption. The ETF provides
exposure to the growing plant-based trend.
The firm is also the provider, along with Morningstar, of the
VegTech™ Plant-based Innovation & Alternative Proteins Index, a
global benchmark that defines and leads the disruptive plant-based
innovation and alternative protein investment sector in the public
markets.
Headshots/Logos here. LinkedIn/Twitter.
Exchange Traded Funds (ETF) are bought and sold through
exchange trading at market price (not NAV), and are not
individually redeemed from the fund. Shares may trade at a premium
or discount to their NAV in the secondary market. Brokerage
commissions will reduce returns.
The fund's investment objectives, risks, charges and
expenses must be considered carefully before investing. The
prospectus and summary prospectus contain this and other important
information about the investment company. It may be obtained by
calling 1-424-237-8393, emailing info@vegtechinvest.com
or visiting EATV.VegTechInvest.com. Read it carefully before
investing.
Investing involves risk including the possible loss of
principal. Past performance does not guarantee future results.
The fund is an actively managed ETF that does not seek to
replicate the performance of a specified index.
Foreign securities may be more volatile and less liquid than
domestic (U.S.) securities, which could affect the Fund's
investments.
Stocks of companies with small and mid-market capitalizations
involve a higher degree of risk than investments in the broad-based
equities market.
The fund is non-diversified and may hold large positions in a
small number of securities. A price change in any one of those
securities may have a greater impact on the fund's share price than
if it were diversified.
The Fund is newly organized and has limited operating history to
judge.
Quasar Distributors, LLC
Contact: Media Relations
E: Info@VegtechInvest.com
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SOURCE VegTech Invest