Mar 1, 2022
One of the most common questions I get from listeners is: how can I invest in companies you feature on the show? Well, most of them are startups backed by VC dollars, and that means the average retail investor isn’t typically going to be able to invest in these early stage private companies.
But what if there were a way to invest money in an index fund that only included companies actively working to replace the exploitation of animals in our economy? It turns out that there is now such a fund, and it was co-founded by Elysabeth Alfano. Perhaps most well-known as the host of Plant-Based Business Hour, Elysabeth has now started the VegTech™ Plant-based Innovation & Climate ETF, which is traded on The New York Stock Exchange as EATV.
Think of it like the S&P 500, but instead more like the Plant-Based 40. That’s because this Exchange-Traded Fund is a collection of 40 publicly-traded companies up and down the animal-free supply chain. This isn’t companies that simply don’t use animals, but rather companies actively involved in actually replacing animal use. That includes well-known players like Beyond Meat and Oatly, but also the ingredients companies that supply them and more. The basic bet is that over time, the inefficiency of animal use will drag down the companies that are dependent on it, while animal-free companies will thrive.