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Newday Ocean Health ETF - AHOY STOCK NEWS

Welcome to our dedicated page for Newday Ocean Health ETF news (Ticker: AHOY), a resource for investors and traders seeking the latest updates and insights on Newday Ocean Health ETF stock.

Newday Ocean Health ETF (AHOY) is a flagship product of Newday Impact, a San Francisco-based asset management and financial technology firm. AHOY 2.0, launched on February 2, 2024, is the latest iteration of Newday’s commitment to responsible and impactful investing, focusing on ocean health and sustainability.

AHOY 2.0 leverages Newday Impact's extensive experience and partnerships with grassroots nonprofit organizations dedicated to ocean conservation. The ETF is actively managed and aims to channel investments into industry-leading companies and 'ocean improvers'—those that contribute positively to ocean health or have the potential to improve their impact on the oceans.

The fund's investment strategy incorporates Newday’s Ecological Benefits Framework (EBF) and proprietary ESG screening methodology. It includes a tightly focused portfolio of 25 holdings with significant international exposure, reflecting the global importance of ocean health.

A noteworthy feature of AHOY 2.0 is its focus on advocacy, particularly targeting harmful practices in the krill trade. The ETF aligns with the United Nations Sustainable Development Goals (SDG) and commits a portion of its management fee to nonprofit partners.

Newday Impact, known for its authentic socially responsible investment portfolios, supports major social and environmental causes, donating up to 15% of net revenue to relevant nonprofits. For more information, visit Newday Impact ETFs or contact info@newdayinvesting.com.

Rhea-AI Summary
Newday Impact launches AHOY 2.0, an ocean health exchange traded fund (ETF) leveraging their expertise in impact investing and partnerships with grassroots organizations. The fund aims to promote healthier oceans and benefit from the 'blue economy' by investing in companies that contribute positively to ocean health and advocating for change in harmful practices. AHOY 2.0 will have a more intimate portfolio of 25 holdings with greater international exposure and is aligned with the United Nations Sustainable Development Goals (SDG).
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Rhea-AI Summary

Newday Impact has launched the Newday Ocean Health ETF (NYSE: AHOY), focusing on investments that protect and restore marine ecosystems. The ETF aims for long-term capital appreciation by investing in companies tackling ocean pollution and supporting sustainable practices. Over 80% of its portfolio is connected to marine health. Additionally, the company pledges to donate 5% of net revenue to EarthEcho International, promoting sustainability education. Newday aims to balance positive environmental impact with financial returns, differentiating its ETF from others that may include companies with questionable environmental practices.

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FAQ

What is the current stock price of Newday Ocean Health ETF (AHOY)?

The current stock price of Newday Ocean Health ETF (AHOY) is $24.2568 as of August 2, 2024.

What is Newday Ocean Health ETF (AHOY)?

Newday Ocean Health ETF (AHOY) is an actively managed fund focused on investing in companies that promote ocean health.

Who manages AHOY 2.0?

AHOY 2.0 is managed by Newday Impact, an asset management and financial technology company based in San Francisco.

What is the investment strategy of AHOY 2.0?

AHOY 2.0 invests in industry-leading companies and 'ocean improvers' that contribute positively to ocean health, using the Ecological Benefits Framework and ESG screening methodology.

How many holdings does AHOY 2.0 have?

AHOY 2.0 has a focused portfolio comprising 25 holdings with significant international exposure.

What makes AHOY 2.0 unique?

AHOY 2.0 not only invests in ocean health-focused companies but also advocates for changes in harmful practices such as the krill trade.

How does AHOY 2.0 align with sustainability goals?

AHOY 2.0 is aligned with the United Nations Sustainable Development Goals (SDG) and contributes a portion of its management fee to nonprofit partners.

What is Newday Impact's mission?

Newday Impact provides authentic investment portfolios for socially responsible investors, addressing major social and environmental issues.

How does Newday Impact support its nonprofit partners?

Newday Impact supports nonprofit partners by donating up to 15% of its net revenue to organizations focused on transformational change.

Where can I find more information about AHOY 2.0?

For more information about AHOY 2.0, visit the Newday Impact ETFs website or contact info@newdayinvesting.com.

What is the 'blue economy'?

The 'blue economy' refers to sustainable use of ocean resources for economic growth, improved livelihoods, and ocean ecosystem health.

Newday Ocean Health ETF

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