HKND recognized by Fund Intelligence’s Mutual Fund Industry and ETF Awards 2021
NEW YORK, October 27, 2021–(BUSINESS WIRE)–Humankind Investments LLC (“Humankind Investments”), a quantitatively driven asset manager specializing in socially responsible investments, announced today that it has been awarded ‘Newcomer ESG/Impact ETF of the Year’ by Fund Intelligence for its Humankind US Stock ETF (NYSE Arca: HKND).
HKND was launched in February 2021 with the goal of providing investors broad exposure to US equities with a focus on companies that contribute the greatest value to humanity, as measured by Humankind’s proprietary US Equity Index. The Index tracks the top 1,000 US companies that promote healthier, safer, more equitable and longer lives based on a quantitative analysis of each company’s impact on investors, consumers, employees and citizens.
“When I founded Humankind in 2019, it was driven by two key beliefs. First, that sustainable investing would become the mainstream way people invest, and second, products weren’t effectively evaluating environmental, social and governance (“ESG”) factors in a quantitative way,” said James Katz, Founder and CEO of Humankind Investments. “HKND’s proprietary model aims to solve this by bringing a more systematic approach to measuring a company’s societal impact in dollar terms, which truly sets us apart among the range of traditional ESG funds. We are honored to have the fund recognized by Fund Intelligence for this pioneering approach.”
HKND is notably the first Registered Investment Company to file with the SEC as a benefit corporation and incorporate ESG principles directly into its fiduciary responsibility. This recognition comes as the fund has reached approximately $100 million in assets under management earlier this month.
The Mutual Fund Industry and ETF Awards recognize and reward the people and organizations whose excellence, achievements and contributions to the fund industry have stood out over the past 12 months and were limited to participating advisers. The awards were held virtually on October 14thi.
Humankind Investments was founded by CEO and former Vanguard analyst James Katz in 2019. Katz and his team bring 50+ years of combined experience to the firm, with previous roles at leading asset management firms and academic institutions. The firm was also shortlisted as a Newcomer ETF Firm of the Year with this first product launch of HKND.
About Humankind Investments
Humankind Investments, a quantitatively driven investment manager focused on socially responsible investments, was founded on the premise that it would be better for all of us if we widened our perspective and paid close attention to how our investments impacted humankind. Our mission is to give investors concrete …….
Source: https://finance.yahoo.com/news/humankind-investments-etf-hknd-named-130000285.html