Goldman Sachs Asset Management has announced the launch of JUST, an exchange-traded fund (ETF) that seeks to provide broad exposure to US large cap equities, with a focus on companies that demonstrate just business behaviour, as measured by JUST Capital. The ETF seeks to track the JUST US Large Cap Diversified Index, constructed by JUST Capital. The Index is designed to provide the broad market exposure of the Russell 1000 Index, while featuring only companies with above-average scores across all major social, environmental, and governance issues critical to the American people. Historically, companies in the Index on average pay better, create more jobs, pay fewer fines, give twice as much to charity, emit less greenhouse gas and have a 7 percent higher return on equity compared with the rest of the Russell 1000.

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