LYXOR GLOBAL GENDER EQUALITY
ISIN: LU1691909508
LSE:GEND
“Countless studies have proved that companies with a focus on gender equality and diversity are better long-term stewards of shareholders’ capital and so this ETF from Lyxor came highly recommended by the panel. GEND provides broad exposure to global equities, but with a bias towards companies that lead on gender diversity. It equally weights its 150 constituents, so it has a mid-cap tilt. It tracks the Solactive Equileap Global Gender Equality index, which screens companies based on board-level gender diversity, workforce, equal opportunities, parental benefits and pay. It keeps its exposure limited to 50 per cent in the US and 10 per cent in any other single country. It tracks global equities well, but has underperformed slightly since launch.”