{"id":35453,"date":"2022-07-03T13:49:49","date_gmt":"2022-07-03T17:49:49","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=35453"},"modified":"2022-08-29T01:01:21","modified_gmt":"2022-08-29T05:01:21","slug":"newday-impact-launches-ocean-health-etf","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/newday-impact-launches-ocean-health-etf\/","title":{"rendered":"Newday Impact Launches Ocean Health ETF"},"content":{"rendered":"
>> Back to July 2022 Issue<\/a><\/div>\n

Pledges 5% Donation to Non-Profit Working in Ocean Health. The ETF has over 80% of Portfolio Actively Involved in Protecting Ocean Resources<\/h3>\n

 <\/p>\n

Newday Impact<\/a>, a San Francisco-based asset management and financial technology company that brings authentic responsible investing to those seeking investments that reflect their values, recently launches the Newday Ocean Health ETF<\/strong> (NYSE: AHOY). The fund \u2013 Newday Impact\u2019s first exchange traded fund and one of the few ETFs dedicated to protecting and restoring healthy marine ecosystems \u2013 builds on the company\u2019s five years of impact investing and strong relationships with grassroots nonprofit organizations working to mitigate environmental damage to the world\u2019s oceans.<\/p>\n

The Newday Ocean Health ETF seeks long-term capital appreciation through investments in companies that are diverting ocean-bound plastic waste, supporting sustainable fisheries, controlling ocean acidification caused by CO2 emissions, and actively using other strategies to combat ocean pollution and other threats to marine health. The entire portfolio is also aligned with UN Sustainable Development Goals including zero hunger, clean water and sanitation, decent work and economic growth, responsible consumption and production, climate action, and life below water.<\/p>\n

\n

<\/p>\n<\/div>\n

Through its ESG screening methodology and proprietary fundamental research models, the Newday Ocean Health ETF currently has over 80% of the companies that either has a direct or indirect connection to protecting and restoring healthy marine ecosystems and climate change.<\/p>\n

Newday Impact has a policy to contribute a portion of revenues from its thematic portfolios to its nonprofit partners. The company will donate 5% of its net revenue of Ocean Health ETF to EarthEcho International, an environmental nonprofit organization established by Philippe and Alexandra Cousteau in honor of their father, Philippe Cousteau Sr., and their grandfather, legendary explorer Jacques-Yves Cousteau. Newday Impact has partnered with Philippe Cousteau and EarthEcho International since 2021 to provide sustainability education to thousands of students and teachers who are part of the SIFMA Foundation\u2019s National Stock Market Game. The EarthEcho team has also provided Newday Impact with important insights into ocean health and sustainability that the company uses in building its investment portfolios.<\/p>\n

\n