World's First Broad Based, Diversified, Socially Responsible And Fossil-Free Exchange-Traded Fund That Does Not Have Exposure To The Energy Sector Launches On The New York Stock Exchange Etho Capital releases ETHO (NYSEArca: ETHO) in partnership with ETF Managers Group as the first index ETF to exclude all fossil fuel companies and the first public investment product to select equities based on climate efficiency while rigorously screening for social responsibility

SUMMIT, N.J., Nov. 19, 2015 /PRNewswire/ -- ETHO (NYSEArca: ETHO), the first broad based, diversified, socially responsible and fossil-free exchange-traded fund that does not have exposure to the energy sector on the New York Stock Exchange, was successfully launched today by investment management company Etho Capital in partnership with Factor Advisors, a subsidiary of ETF Managers Group. The ETF is based on the Etho Climate Leadership Index (ECLI), an index that was announced in October and is completely divested of fossil fuel companies, rigorously screened for ESG criteria and composed of 400 of the most climate-efficient companies across sectors. The ETHO ETF offers investors a product...