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About US Vegan Climate Index

VEGN is passively managed to hold US large-cap stocks, screened according to vegan and environmental principles. The fund looks to exclude stocks of companies whose business activities directly contribute to animal suffering, destruction of the natural environment, and climate change. This is the first ETF to launch in the ESG space with such focus. The index screens 500 of the largest US-listed companies to exclude companies that derive more than 2% of their revenues from products or services directly related to prohibited activities: animal testing or animals in sport and entertainment, extraction or refining of fossil fuels or high carbon intensity, and tobacco products or armaments specifically designed for military and defense uses. Remaining companies are initially market-cap-weighted, and then weights are adjusted to match the same industry group weights in the Solactive US Large Cap Index.The index is reconstituted semi-annually in June and December.