Plant-based Innovation & Climate ETF from VegTech Launches on NYSE
VegTech™ Plant-based Innovation & Climate ETF (Ticker: EATV), a global ETF of publicly-traded plant-based innovation companies, recently launched on the New York Stock Exchange (NYSE).
The first financial product from the VegTech™ Invest advisory, the VegTech™ ETF (Ticker EATV), includes 37 publicly traded companies actively innovating with plants and plant-derived ingredients and producing primary products that are animal-free. VegTech Invest advisors, Elysabeth Alfano and Sasha Goodman, believe these companies positively impact climate change as well as solve some of the world’s most pressing problems such as food security, deforestation, animal cruelty and growing public health concerns.
VegTech: A Pure-Play in Plant-Based Innovation
“We are excited to be what we believe is the first pure-play ETF that invests in companies innovating with plants and producing animal free products. We believe that today’s investors want a more resource efficient, climate friendly, and cruelty-free food and materials supply system…and want to invest their dollars in the same,” says VegTech Invest CEO and CMO, Elysabeth Alfano. “My partner Sasha Goodman and I are excited to offer an ETF that empowers the average person to invest with their values and participate in this large-scale, secular trend.”
“With this ETF, I am excited to drive capital to plant-based innovation companies. I also hope to encourage public companies to lead the way and replace animal products with innovations that are better for people, the planet and the animals,” VegTech Invest President and Fund Manager, Sasha Goodman says.
The Big Shift: A Secular Trend for Health & Sustainability
According to a June 29, 2020, study by Aramark, 65% of Gen Zers want a more “plant-forward” diet, while 79% would eat meatless meals once or twice a week, either now or in the future. Further, First Insight: The State of Consumer Spending noted on October 28, 2021, that “growing plants requires fewer resources than raising animals for meat,” and reported that 68% of Millennials are willing to pay more for sustainable products.
A March 23, 2021, report by Boston Consulting Group indicates that the alternative protein market will reach at least $290B by 2035. Indeed, Covid-19 has provided an unexpected boost to the alternative protein industry, which is expected to grow at a compound annual growth rate (CAGR) of 11.2% from 2020 to 2027, according to an April 2021 report from Meticulous Research. That report also noted that an alternative protein-based diet can help reduce the effects of the novel corona virus on at-risk people as there is the presence of an abundance of macronutrients, micronutrients, and antioxidants.
About VegTech™ Invest
VegTech Invest™ is an investment management firm advising the thematic ETF, EATV. EATV invests in VegTech™ Companies: those that are actively innovating with plants and plant-derived ingredients and producing primary products that are animal-free.
At VegTech™ Invest, we believe these companies positively impact planetary health, human health, and animal health. We also believe that we are on the cusp of a long-term, secular trend of plant-based innovation that will result in the disruption of the global food and materials supply chain for a more efficient, climate friendly and cruelty-free system. The VegTech™ ETF is dedicated to providing exposure to this key and growing trend.
For information on the ETF, including the prospectus, visit our website.
Exchange Traded Funds (ETF) are bought and sold through exchange trading at market price (not NAV) and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus (if available) contains this and other important information about the investment company, and it may be obtained by calling 1-424-237-8393, emailing firstname.lastname@example.org or visiting EATV.VegTechInvest.com. Read it carefully before investing.
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