A vegan ETF launches on the New York Stock Exchange

Source: CNN

A US Vegan Climate ETF has began trading under the ticker symbol “VEGN.” Beyond Meat (BYND) is one of its holdings. Beyond Investing, which runs the VEGN ETF, says its index “excludes companies engaged in animal exploitation, defense, human rights abuses, fossil fuels extraction and energy production, and other environmentally damaging activities” according to the fund’s prospectus. Beyond Investing’s team decides which stocks to exclude and which new ones to add.