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This week, a new ETF was filed. It aims to appeal to Gen Z investors' values and preferences by selecting stocks that were publicly traded in 1997 or later.
According to SEC filings, Julian Feder, a former child actor, came up with the idea for an ETF.
The tech-focused ETF will not include stocks that were publicly listed prior to 1997. This would exclude notable large-cap stocks such as Microsoft and Apple.
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According to SEC filings, a new ETF was filed this week. It aims to appeal to Gen Z investors' values and preferences by selecting stocks that were publicly traded in 1997 or later.
The Gen Z ETF will assign stocks a "Gen Z Score" which is based on how closely a company aligns with Gen Z’s progressive values and whether a company has a "dominant customer focus" of Gen Z over other age cohorts.
According to SEC filings, Julian Feder was the one who came up with the idea for an ETF.
According to his IMDb page, Julian Feder is a former child actor who starred in films including "A Boy Called Po" (2016). Lenny Feder is his father and is responsible for "portfolio decisions" and compliance as an adviser to the Gen Z ETF.
This tech-focused ETF will not include stocks that were publicly traded before 1997. This would exclude notable mega-cap stocks such as Microsoft and Apple. In determining its holdings, it will consider diversity, innovation, and environmental impact.
In recent years, other generational funds were launched including a few Millennial ETFs. The Principal Millennials Index ETF has seen a 150% increase in its value since its creation in 2016. This compares to the 95% of the broader market.
