NEW YORK – February 26, 2019 – Today the National Association for the Advancement of Colored People (NAACP) joined Impact Shares in ringing the closing bell at the New York Stock Exchange (NYSE)
NAACP Minority Empowerment ETF (NYSE Arca: NACP).
This looks like a good idea on paper, it could give them an independent funding source besides taking corporate donations with strings attached. You can participate and fund this organization while earning an investment return. They could definitely clean up with government-based or corporate pension funds.
They can direct investments towards companies that promote diversity. Proving discrimination is extremely difficult today because of the various tactics that have been developed, using this as a mechanism to fight employment discrimination is a more effective tool.