The United Nations Capital Development Fund is launching an Exchange-Traded Fund (ETF) with ImpactShares, a non-profit fund manager supported by the Rockefeller Foundation.
This ETF offers investors a liquid investment vehicle that supports companies generating an economic benefit in the world's 47 poorest countries, known as the Least Developed Countries (LDCs). The ImpactShares ETF will also support UNCDF's work through a sharing of the fund management fee.
The creation of this ETF reflects the importance of the LDC markets and our efforts to increase private sector investments in emerging local economies. It will give investors a vehicle to reward companies that are investing responsibly to help achieve the Sustainable Development Goals (SDGs) in LDCs, lower-income, and lower-middle-income countries.
