Two Madison-based companies have released new investment strategies aimed at bringing “complete political transparency” to S&P 500 index funds.
Goods Unite Us and Quiver Quantitative yesterday announced the launch of the “Republican Large-Cap Core Strategy” and the “No-PAC Large-Cap Core Strategy” for investors. These investment products are modeled after the “Democratic Large-Cap Core Fund,” launched in November 2020.
This initial strategy was created to “provide similar risk and performance as the S&P 500” but only includes companies that have made over 75 percent of their political contributions to Democratic candidates and causes, according to a release.
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