While it's common knowledge that millennials are increasingly dipping their toes into the massive ocean that is the investing world, it's also no secret that younger investors are increasingly keen to invest in companies that represent their values and live up to to environmental, social and leadership goals, with the Newday Impact investment app designed to service both these needs.
The app offers a diverse array of portfolios that are compiled following careful research into companies whose securities are included in the portfolios. What's more, new users who may be overwhelmed at the breadth of options can go about selecting curated portfolios that focus on companies who are contributing to specific aims which can include climate action, clean water, ocean health, diversity and lessening the dependence on fossil fuels.
By combining this ethical ethos with a commitment to offering competitive market rates and returns, this investment app is a fine option for investors who want to grow their money without compromising their social conscience.
Curated Ethical Investment Apps
This App Lets You Grow Your Money In Socially Committed Portfolios
Trend Themes
1. Ethical Investing - Newday Impact is tapping into the growing trend of millennials investing in companies that represent their values and live up to environmental and social goals.
2. Curated Portfolios - The app is offering curated portfolios that focus on companies contributing to specific aims, which is becoming an increasingly popular trend among younger investors.
3. Competitive Rates - By offering competitive market rates and returns, Newday Impact is tapping into the trend of investors who want to grow their money without compromising their social conscience.
Industry Implications
1. Finance - The financial industry can take advantage of the growing trend of ethical and socially responsible investing and provide innovative products like Newday Impact.
2. Technology - With the rise of investment apps like Newday Impact, technology companies have an opportunity to disrupt the traditional finance industry and cater to the needs of younger investors.
3. Environmental - Companies focusing on climate action, clean water, ocean health, diversity and lessening dependence on fossil fuels have a chance to attract investments through platforms like Newday Impact that prioritize ethical investing.