WIL ISSUER
The Barclays Women in Leadership Total Return Index, tracked by the Barclays Women in Leadership ETN (WIL), offers investors exposure to U.S.-based companies meeting specific gender diversity criteria. These criteria include having a female CEO or at least 25% female members on the board of directors, along with meeting market capitalization, liquidity, and concentration limits. The WIL ETN provides a unique investment avenue for those interested in supporting and benefiting from companies promoting gender diversity in leadership roles.
WIL DIVIDEND
While the focus of the Barclays Women in Leadership ETN (WIL) lies in promoting gender diversity within its constituent companies, it also offers potential dividend distributions based on the performance of the underlying index. Dividends, if any, are typically distributed periodically according to the dividend policies of the included companies, which are selected based on gender diversity criteria and other market considerations outlined in the index methodology. Investors in WIL may benefit from both the pursuit of gender diversity and the potential for dividend income from the selected companies.
WIL TRACKING
The iPath Women in Leadership Exchange Traded Note (ETN), traded on the NYSE Arca under the ticker symbol WIL, is a pioneering initiative in the financial industry. Launched in July 2014, this ETN allows investors to actively support the advancement of gender equality in managerial roles within prominent US companies.Developed with the backing of the Barclays Social Innovation Facility, which champions products and services with defined social impacts, the Women in Leadership Index (WIL) serves as the foundation for the ETN. The index is meticulously crafted to offer investors exposure to U.S.-based companies meeting specific gender diversity criteria. These criteria include having a female Chief Executive Officer (CEO) or at least 25% female representation on the board of directors. Additionally, the index applies stringent market capitalization, liquidity, selection, and concentration limit criteria to ensure its integrity.Investors seeking detailed information about the ETN can access its prospectus on the Securities and Exchange Commission (SEC) website via EDGAR at www.sec.gov.Barclays ETNs, including the iPath Women in Leadership ETN, are senior, unsecured, unsubordinated debt securities issued by Barclays Bank PLC. Barclays Bank PLC serves as the issuer of Barclays ETNs, with Barclays Capital Inc. acting as the issuer's agent.The Women in Leadership Index, alongside the Return on Disability Index, serves as a benchmark for companies striving for diversity and inclusion. Compiled using data from Institutional Shareholder Services Inc., the index selects eligible stocks from a universe consisting of U.S.-based issuers listed on the New York Stock Exchange or The NASDAQ Stock Market.Investors in the iPath Women in Leadership ETN gain exposure to U.S. companies with gender-diverse executive leadership and governance, which research suggests may correlate with strong corporate performance. By investing in WIL, individuals contribute to the momentum towards a more equitable and inclusive corporate landscape, thereby fostering sustainable economic growth and social progress.
WIL CORRELATION
Understanding the correlation dynamics of the Barclays Women in Leadership ETN (WIL) is crucial for investors seeking exposure to companies with significant female representation in leadership roles. As WIL tracks an index designed to reflect such companies, its correlation with gender-diverse initiatives and broader market trends can offer valuable insights into social and economic dynamics. Utilizing ETF Insider's web app, investors can delve deep into WIL's correlations, uncovering overlaps with other ETFs and sectors, thus aiding in portfolio diversification and strategic decision-making.
WIL SECTOR
The Barclays Women in Leadership ETN (WIL) primarily focuses on U.S.-based companies that demonstrate gender diversity in their leadership positions. These companies either have a female chief executive officer or at least 25% female representation on their board of directors. By investing in WIL, investors support and promote gender diversity initiatives within corporate America. This sector alignment not only aligns with socially responsible investing goals but also highlights the importance of gender diversity in leadership for sustainable corporate growth and innovation. Additionally, it provides a unique angle for investors looking to incorporate social and ethical considerations into their investment strategies.
WIL EXPOSURE
The Barclays Women in Leadership ETN (WIL) offers investors exposure to U.S.-based companies that prioritize gender diversity in their leadership positions. With a focus on firms featuring a female CEO or significant female representation on the board of directors, WIL provides a unique lens into companies committed to promoting gender equality in corporate governance. This exposure aligns with investors' interests in supporting socially responsible investing while potentially tapping into the performance benefits associated with diverse leadership perspectives.
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