Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Tehnologie
The Vatican Bank Tuesday launched two equity indexes tracking stocks that align with Catholic values. Its first foray into thematic investment products sets the bank up to potentially roll out other financial products, including ETFs in the future. The bank, which reports to the Committee of Cardinals and the Pope, said Tuesday in a statement that the Morningstar IOR Eurozone Catholic Principles Index and the Morningstar IOR U.S. Catholic Principles Index include 50 medium and large-cap firms
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