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woman's face The philosophy driving WOMN’s portfolio is a little different from SHE, which focuses on women in companies’ senior ranks — WOMN looks for gender diversity. (Photo: Shutterstock)

(Bloomberg) –A new exchange-traded fund is betting on companies that support women at every level. Impact Shares Corp. will donate part of the fees charged for the YWCA Women’s Empowerment ETF, which trades under the ticker WOMN, to the YWCA, which also helped set the investment criteria for the new fund.

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