NAACP and Impact Shares Announce Launch of NAACP Minority Empowerment ETF

Impact Shares announced the launch of the Impact Shares NAACP Minority Empowerment ETF (NYSE Arca: NACP) in partnership with the National Association for the Advancement of Colored People (NAACP), the nation’s premier civil rights organization. NACP is designed to reflect NAACP’s values of justice, equality and inclusivity, and invests in large-cap companies that empower minorities including hiring, pay and promotion practices as well as their products, services and supply chains. The fund seeks investment results that generally correspond to the price and yield performance of the Morningstar Minority Empowerment Index