On April 25, 2019 ETF.com profiled “the Impact Shares Sustainable Development Goals Global Equity ETF (SDGA), an ETF whose partner charity, the United Nations Capital Defense Fund (UNCDF), works to alleviate poverty and economic hardship on a global scale.
SDGA is the third and most recent launch by Impact Shares, the industry’s first nonprofit ETF issuer. Due to the unique way the Impact Shares ETFs are structured, every dollar invested in SDGA translates into money for economic development projects worldwide.
SDGA invests in a number of ESG all-star companies that operate or sell products in the 47 least developed nations in the world—where the UNCDF concentrates its efforts. By allocating capital to these predominately multinational, large cap companies, SDGA helps them develop local supply chains, create jobs and support regional economic infrastructure in lesser developed regions, says Ambrogetti. These include stocks like Microsoft (MSFT), Nestle S.A. and Bank of America Co. (BAC), the top three holdings in SDGA’s portfolio, aside from an 18% allocation to mutual funds.”
You may read the article on the ETF.com internet site.