New York Life | September 24, 2021
Heart disease continues to be the #1 cause of death in the United States* as well as costing over $219 billion annually** in expenses. Although heart health needs to be a priority year-round, Valentine's Day is a time to listen to your heart not only romantically but also when you're investing . New York Life Investments is proud to introduce a way to contribute to the fight against this devastating disease while potentially contributing to your portfolio’s returns.
The IQ Healthy Hearts ETF (HART), developed by IndexIQ, and in alignment with the American Heart Association, is the firm’s first “Dual Impact” ESG strategy. HART, which reflects a longstanding commitment to serve our communities and contribute toward building a more sustainable future, thematically invests in well-known stocks of global companies that contribute to the fight against heart disease with a specific focus on those that:
Beyond the thematic impact of HART, New York Life Investments and IndexIQ will, in connection with the fund, make ongoing contributions to the AHA’s Social Impact Fund. Launched in 2019, the Social Impact Fund was designed to enhance communities by investing in local entrepreneurs and organizations that are breaking down the social and economic barriers to health equity.
Recent New York Life Investments research found more than half of investors identify as “values-driven.” With its thematic, “Dual Impact” approach, HART offers those values driven investors an avenue to invest in a sustainability-focused way that advances social causes and contributes to important global initiatives.
* American Heart Association. “Heart Disease and Stroke Statistics—2018 Update: A Report from the American Heart Association.” Published Jan. 31, 2018
**Centers for Disease Control and Prevention. “Heart Disease Facts.” Accessed 13 Nov. 2020. https://www.cdc.gov/heartdisease/facts.htm
Go back to our newsroom to read more stories.