Impact Shares NAACP Minority Empowerment ETF
Shareclass
Impact Shares NAACP Minority Empwrmt ETF (NACP)
Type
Exchange-traded fund
Manager
Tobacco grade: Fund is invested in tobacco-promoting entertainment companies, but no holdings flagged for our tobacco producer screen. Assigned a grade of B.
How we track tobacco investments
How we track tobacco investments
B
$238,354
INVESTED IN
TOBACCO-PROMOTING
ENTERTAINMENT COMPANIES
TOBACCO-PROMOTING
ENTERTAINMENT COMPANIES
Tobacco producers
that produce or manufacture tobacco products
Tobacco-promoting entertainment companies
that show smoking in movies marketed to kids
1
holdings flagged
0.5%
of assets flagged
Tobacco companies
0 holdings
0% of assets
$0 invested
Tobacco-promoting entertainment companies
1 holdings
0.5% of assets
$238,354 invested
Why entertainment companies?
“R”-rating future movies with smoking will prevent one million tobacco deaths in this generation of U.S. kids. Hollywood studios and their parent companies, the nation’s best-known entertainment companies, are well aware of the public health risk, but continue to intentionally expose millions of kids.
Tell Hollywood to rate smoking “R”
Join our call to eliminate smoking from youth-rated movies
Take actionThis fund contains
1 investments in tobacco producers and tobacco-promoting entertainment companies
Tobacco companies
0 holdings
Tobacco-promoting entertainment companies
1 HOLDINGS
1 holdings
Are entertainment companies rated the same as tobacco companies?
No - tobacco companies bear greater responsibility to the tobacco epidemic, and our grading methodology reflects this. However, the scientific consensus is that tobacco depictions in movies cause kids to begin smoking. Public health impacts can damage a company’s reputation and brand value, decreasing long-term shareholder value. Asset managers should be engaging entertainment companies by signing investor letters, supporting shareholder resolutions, or otherwise pressing entertainment companies to remove smoking from youth-rated movies.
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Impact Shares NAACP Minority Empowerment ETF NACP
Environment
Social
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Financial performance
Performance data provided by
Find more financial data on NACP at Morningstar.com
Find more financial data on NACP at Morningstar.comTake Action
Take action and sign our letter to the media companies
Find mutual funds that steer clear of tobacco
Talk to your retirement plan manager about tobacco-free investment options
Use FossilFreeFunds.org to see the climate impact of this fund
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