NACP, WOMN and SDGA rank in the top percentile
of their respective Morningstar categories following their
three-year anniversaries
Impact Shares, the first 501(c)3 nonprofit ETF issuer in the
U.S. announced its three flagship ETFs — NACP, WOMN and SDGA — have
received 5-Star Overall Morningstar Ratings™ in their respective
categories following their three-year anniversaries.
“Since day one, our mission at Impact Shares is to transform the
way people think about investing,” notes Ethan Powell, CEO of
Impact Shares. “The outstanding financial performance of our three
flagship funds demonstrates the viability of working with leading
advocacy firms to achieve actively-managed social outcomes without
sacrificing financial returns.”
The Impact Shares NAACP Minority Empowerment ETF (NYSE:NACP)
returned 20.6% annually over the past three years, placing it
within the 6th percentile beating 1176 of the 1252 funds in the
U.S. Fund Large Blend category (as of 7/20/21).
The Impact Shares YWCA Women's Empowerment ETF (NYSE:WOMN)
generated a 25.08% annualized return over the past three years,
placing it within the top percentile of the 1,256 funds in
Morningstar’s U.S. Fund Large Blend category (as of 8/25/21).
The Impact Shares Sustainable Development Goals Global Equity
ETF (NYSE:SDGA) generated a 13.42% annualized return since
inception, placing it in the top percentile of the 1,130 funds in
the U.S. Large Value category (as of 10/6/21).
Backed by The Rockefeller Foundation, Impact Shares helps
organizations such as the NAACP, YWCA and United Nations Capital
Development Fund (UNCDF) translate their values into an investable
product traded on the New York Stock Exchange. Companies included
in each ETF must commit to an evolving set of criteria, defined by
the nonprofit partners, to ensure ongoing alignment of corporate
behaviors with social values. Impact Shares donates all net profits
from advisor fees back to these nonprofit partners. *
For more information on Impact Shares, visit impactetfs.org.
About Impact Shares
Impact Shares is an ETF issuer and investment manager that is
creating a new and innovative platform for clients seeking maximum
social impact with market returns. Impact Shares' goal is to build
a capital markets bridge between leading nonprofits, investors and
corporate America to direct capital and social engagement on
societal priorities. Impact Shares is a tax-exempt non-profit
organization under Section 501(c)(3) of the Internal Revenue Code.
For more information about Impact Shares visit impactetfs.org.
Statements in this communication may include forward-looking
information and/or may be based on various assumptions. The
forward-looking statements and other views or opinions expressed
herein are made as of the date of this publication. Actual future
results or occurrences may differ significantly from those
anticipated and there is no guarantee that any particular outcome
will come to pass. The statements made herein are subject to change
at any time. Impact Shares disclaims any obligation to update or
revise any statements or views expressed herein.
Carefully consider the Funds’ investment objectives, risk
factors, and expenses before investing. This and additional
information can be found in the Impact Shares statutory and summary
prospectuses, which may be obtained by calling 855-267-3837, or by
visiting ImpactETFs.org. Read the prospectus carefully before
investing.
Investing involves risk, including the possible loss of
principal. Bonds and bond funds are subject to interest rate risk
and will decline in value as interest rates rise. Mortgage-backed
securities are subject to prepayment and extension risk and
therefore react differently to changes in interest rates than other
bonds. Small movements in interest rates may quickly and
significantly reduce the value of certain mortgage-backed
securities. As an actively managed Fund, OWNS does not seek to
replicate a specified index. Narrowly focused investments and
investments in smaller companies typically exhibit higher
volatility. Investments in commodities are subject to higher
volatility than more traditional investments. NACP may invest in
derivatives, which are often more volatile than other investments
and may magnify the Fund’s gains or losses. The Funds are
non-diversified.
There is no guarantee that investors mentioned will continue to
hold shares of the Fund. Shares of any ETF are bought and sold at
market price (not NAV), may trade at a discount or premium to NAV
and are not individually redeemed from the Fund. Brokerage
commissions will reduce returns.
Impact Shares ETFS are distributed by SEI Investments
Distribution Co., with is not affiliated with Impact Shares Corp.,
the Investment Adviser for the Funds, or Community Capital
Management Inc.
*Net Profits is the excess, if any, of Impact Shares’ fund fees
after the deduction of operating expense and a reserve for working
capital. Due to the relatively small size of the Fund, Impact
Shares’ Fund fees have not yet exceeded its related operating
expenses. Accordingly, Impact Shares has not yet made any
charitable contributions from such fees. There can be no assurance
that Impact Shares’ Fund fees will exceed operating expenses in the
future.
The Morningstar Rating™ for funds, or "star rating", is
calculated for managed products (including mutual funds, variable
annuity and variable life subaccounts, exchange-traded funds,
closed-end funds, and separate accounts) with at least a three-year
history. ETFs and open-ended mutual funds are considered a single
population for comparative purposes. It is calculated based on a
Morningstar Risk-Adjusted Return measure that accounts for
variation in a managed product's monthly excess performance,
placing more emphasis on downward variations and rewarding
consistent performance. The Morningstar Rating does not include any
adjustment for sales loads. The top 10% of products in each product
category receive 5 stars, the next 22.5% receive 4 stars, the next
35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom
10% receive 1 star. The Overall Morningstar Rating for a managed
product is derived from a weighted average of the performance
figures associated with its three-, five-, and 10-year (if
applicable) Morningstar Rating metrics. The weights are: 100%
three- year rating for 36-59 months of total returns, 60% five-year
rating/40% three-year rating for 60-119 months of total returns,
and 50% 10-year rating/30% five-year rating/20% three-year rating
for 120 or more months of total returns. While the 10-year overall
star rating formula seems to give the most weight to the 10-year
period, the most recent three-year period actually has the greatest
impact because it is included in all three rating periods.
The Impact Shares YWCA Women's Empowerment ETF (NYSE:WOMN) was
rated against 1,256 U.S.-domiciled Large Blend funds over the last
three years and received a Morningstar Rating of 5 stars.
The Impact Shares NAACP Minority Empowerment ETF (NYSE:NACP) was
rated against 1,252 U.S.-domiciled Large Blend funds over the last
three years and received a Morningstar Rating of 5 stars.
The Impact Shares Sustainable Development Goals Global Equity
ETF (NYSE:SDGA) was rated against 1,130 U.S.-domiciled Large Value
funds over the last three years and received a Morningstar Rating
of 5 stars.
©2021 Morningstar. All Rights Reserved. The information
contained herein: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is
not warranted to be accurate, complete or timely. Neither
Morningstar nor its content providers are responsible for any
damages or losses arising from any use of this information. Past
performance is no guarantee of future results.
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version on businesswire.com: https://www.businesswire.com/news/home/20211014005179/en/
Sales: Impact Shares 844-GIVE-ETF info@impactetfs.org Or
Media: Gregory FCA for Impact Shares Caitlyn Foster
impactshares@gregoryfca.com 484-798-7730
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