LPNEWS
Goldman Sachs rolled out its first environmental-, social- and governance-focused ETF today in partnership with former hedge fund manager Paul Tudor Jones’ foundation Just Capital, which includes Arianna Huffington and Deepak Chopra among its board members. The Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) bases its investments on a methodology developed by the foundation. JUST comes with an expense ratio of 0.20% and lists on the NYSE Arca. Evolving Methodology The index, developed by Just Capital, pulls its components from the Russell 1000, targeting those firms that it determines engage in “just business behavior,” according to the prospectus.

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