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Even if the fund does not beat the market, it can still offer an attractive way for investors who care about gender diversity in corporate leadership to express that preference, said Morningstar. “The fund charges a reasonable 0.20% annual fee and donates a portion of that revenue to SHE Impacts, a donor-advised fund that supports charitable organizations that prepare girls to become future business leaders. SHE Impacts provides grants to organizations that encourage girls to go into fields where women are poorly represented, such as science, technology, and math. It also supports programs that promote gender diversity in corporate leadership.”

She has $340.4 million in assets under management, a solid total for just over 18 months of live trading.

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