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Earthecho International CEO Philippe Cousteau on the company’s plan to integrate global market interaction.
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-- -- -- -- -- -- Well the global -- ETF and give -- making it's nice he debuted today profit from the -- going to ocean conservation and other environmental sustainability at first joining me now global -- ETF co-founder and the CEO of earth -- international.
Fully -- it's good to see you got great Zynga became on the show on the longest ever gonna -- launched the summoned IC today launched its -- they'll.
I -- Grady was definitely bucket list for me never been an exchange before the lot fun.
All right let's talk about the -- because the theme of that.
Is that forty basis points of the fees that if you -- people invest a certain today goes to.
Sustainable efforts around the world so big question where does the money goes -- -- -- look.
And those two things attendant did do of course -- the investment fund has a sustainable strategy but then also forty basis points.
Almost half of the investment the -- she goes into the global Michael foundation and that invests in women and and children.
In micro entrepreneurship micro enterprise like micro loans things like that and then environmental -- -- around the world.
You know one of the things that -- told me several times is that you believe that economic stability in environmental stability go hand in hand is that kind of what your goal is now -- -- -- Florida it's always been your -- but you wanna take the so the next level.
With -- -- that we did did did this idea sort of three years ago when I was trying to think about how we can innovate financial markets have worked and media and education all my life is part of -- him his legacy but so was innovation and this is an opportunity to say in how can we.
Have market interaction and relationships in collaboration with the nonprofit world and have everybody went.
Working with theft of shares that the excuse me -- shares of our end and no I have an right now what I can what buy this and this spoke on -- -- name is company they've got like ten different ET apps.
Is this theme for all the different ETF that they've got going look -- Advises shares as a company has a lot of Philanthropic work but -- the first time a persist on this is the first actively managed ETF with a sustainable.
Strategy we wanna give investors -- a solid steady return but then also be able to use some of that some of the management -- again.
Men and -- make a positive impact on the wall.
Their manager about three to sixty million dollars already so -- that -- there especially for him but that it's it's fixed income its global equity -- -- there's also some renewable energy investments underneath that's bonds a lot of that got cash but a lot of that is when a lot of us solar and that sector -- you know politically.
Financially has been hammered does that make you nervous at all for -- -- small.
You know it's a small part of of the of the portfolio we've got a mix for amazing money managers of the bonds and equity and end and hedge.
Long short strategy in their -- -- market risk.
So it's much more than just that I don't want people to think it's that it's really fun this designed to -- can bring positive returns there's an element of that that has renewable energy through this is not simply that is much more complex.
Technology and it I was noticing a silly that mean that there's apple does Google potential positions going into the seat yet and it's actively -- means it's always gonna have different managers running the fund and it's -- one day -- market is down at the -- this stuff I -- -- -- heads dependence.
That's good news if it's a good investment you can -- -- kicking needed to you can.
They deposited difference on on your on your balance sheet.
But also making positive for for the world at the same times a win win.
Congratulations -- it thank you let me first talk about the -- -- that -- we are happening happening here -- all right thank you -- in York stock exchange -- point.
