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UBS introduces “gender equity” exchange traded fund



The Swiss bank is using consulting group Equileap’s index of the 100 companies considered most progressive on gender equality, based on 19 criteria.

According to a report in Wealth Manager, the criteria include gender balance among company leaders, equal pay, and work-life balance.

Lyxcor, QBE and Evolve also use Equileap’s index for gender-based financial products, including QBE’s over-subscribed gender-equality bond. Last month, investment manager Impact Shares partnered with the YWCA to launch an NYSE-listed gender ETF.

The UBS fund, Global Gender Equality Ucits ETF, is listed on the SIX Swiss Exchange.

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