This month saw us celebrate Women’s Day on March 8. On this day, global citizens aim to celebrate the gains of the women’s rights movement as well as draw attention to issues that still impact women’s fight for equality. Today, I want to focus on two women-led exchange-traded funds (ETFs) that are worth snatching up in the beginning of the 2023 spring season.
PIMCO Managed Conservative Bond Pool ETF (TSX:PCON) is an ETF that holds an emphasis on shorter term strategies in order to preserve capital and reduce volatility. The fund markets itself as one that can serve as a core fixed income holding. Erin Browne is one of two portfolio managers for this ETF, focused on multi-asset strategies. Its shares have climbed marginally in the year-to-date period as of close on March 30. This fund possesses a Management Expense Ratio (MER) of 1.2%.
Franklin International Multifactor Index ETF (TSX:FLDM) is the second ETF you can look to snatch up to celebrate women’s leadership in the month of March. This fund seeks to deliver investment results that closely correspond to the performance of the LibertyQ International Equity Index. According to the Fund Facts, this ETF offers low to medium risk to prospective buyers.
Dina Ting is the portfolio manager for this fund. Its shares have also moved up marginally so far in 2023. This fund is heavily weighted in Europe and Asia. Some of its top holdings include Novo Nordisk, Sanofi, Unilever, and Shell.