- (1:00) - Engine No. 1 and the Exxon Campaign
- (7:15) - Engine No. 1 Transform 500 ETF: VOTE
- (16:00) - How Does VOTE Fit Into Your Portfolio vs. Other ESG Investments
- (21:45) - How Does Engine No. 1 Choose Which Campaigns To Pursue?
- Podcast@Zacks.com
In this episode of ETF Spotlight, I speak with Yasmin Dahya Bilger, head of ETFs at Engine No. 1, about activist investing through an ETF. The activist investment firm had sent shock waves through Corporate America in May when it targeted Exxon Mobil XOM and successfully placed three candidates on the board of directors.
The Engine No. 1 Transform 500 ETF VOTE, which started trading in June, intends to encourage transformational changes in companies through shareholder activism. The fund invests in 500 of the largest US public companies and comes with an expense ratio of just 0.05%.
VOTE is an excelent alternative to standard S&P 500 ETFs for ESG focused investors since they can get a similar financial performance while participating in efforts to bring transformational changes in portfolio companies. Microsoft MSFT, Apple AAPL and Alphabet GOOGL are the top holdings in the market cap weighted ETF, which has already gathered about $250 million in assets.
Tune in to the podcast to learn more about this unique activist approach to sustainable investing.
Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Apple Inc. (AAPL): Free Stock Analysis Report
Microsoft Corporation (MSFT): Free Stock Analysis Report
Exxon Mobil Corporation (XOM): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
Engine No. 1 Transform 500 ETF (VOTE): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
