Forbes

PLAYING THE WOMAN CARD

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WHaTeVer YoUr neT WorTH, THere are a GroWinG nUmber of WaYs To inVesT in Women’s sUCCess.

last year state street launched the spDr ssGa Gender Diversity index eTf (sHe), which invests in large-cap U.s. companies that rank high in their sectors for women in senior management. With an annual expense of just 20 basis points, it already has more than $350 million in assets.

paX World investment­s offers the three-year-old ellevate Global Women’s index fund (pXWeX) in concert with sallie Krawcheck, the cofounder of elleVest. There’s a 90-basis-point annual charge and $1,000 investment minimum. The fund has $175 million in assets and has beaten the global-equity benchmark msCi World index.

motif investing, an online platform that packages fractional shares of individual stocks into portfolios, allows you to buy into its no Glass Ceiling motif, for a $9.95 trading fee, with a $250 minimum. it’s made up of public companies run by women, including pepsiCo, ibm, oracle, lockheed martin and Campbell soup. (You can customize it further for $4.95 per stock trade.)

private wealth managers have gotten into the game. U.s. Trust’s Women & Girls equality strategy, with a $75,000 minimum investment, picks from companies that score high on equal pay and a positive media portrayal of women. morgan stanley’s parity portfolio, with a $100,000 minimum, invests in companies with at least three women board members and policies favorable to women.

While rethink impact is now closed to new investors, other VC partnershi­ps investing in women are still raising funds. minimum investment­s range from $10,000 for the new Hampshire-based impact new Hampshire to $250,000 for True Wealth Ventures, based in austin, Texas. —A.E.

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