U.S. Trust Gender Lens Investing Sizzle Reel

Transcription

1 U.S. Trust Gender Lens Investing Sizzle Reel Jackie Vanderbrug, U.S. Trust (Intro Graphic) (Music) RON CORDES: People aren't really informed as to what Gender Lens Investing is and so I think that they make assumptions, perhaps with very little information. JACKIE VANDERBURG: Gender Lens Investing is not small, soft, and pink. It's that deliberate integration of gender-based data into financial analysis, with the expectation of finding additional opportunities and uncovering and mitigating risks. RON CORDES: People will say to me, well, gender lens investing, so that's this ETF. Well, it's like saying impact investing, that's this microfinance fund. It s part of it, but it is much broader. ERIKA KARP: Diversity is painful. It's messy, but it works. And so within organizations, again when you go deep, the issue of women on boards, the number of women on executive teams, that s critical and it's easy to count but it's not enough. JACKIE VANDERBRUG: The research is that 50% of women in America are not satisfied with their relationship with their advisor, and 50% of women in America would like to invest in gender diverse companies so the conversations that Erica is having need to continue. But as more companies report gender diverse data, we can move beyond what she would say, counting women, to really understanding that DNA. And the research is coming back strong again to embrace diversity of approaches here. Please see back page for important information.

2 JACKIE VANDERBRUG: And then lastly, there's a lot going on in term of gendered data. So this is harder to get your hands around, but think about software. Microsoft's got a whole lot of work going on around the gendered aspects of software development, and how to create software that doesn't have gendered biases. And there's lots of other work in that space, but those companies that are using gendered analysis in terms of data and products that then better work for all of us. It's not creating pink products, it's creating products that better work for everyone. RON CORDES: We have disproportionally had investments in women led companies in our private equity portfolio, not because they're women, but because they're totally brilliant, kick-ass CEOs. They just happen to be women and what's interesting is to me it's a virtuous circle. It's not about giving up return. It's about putting ourselves in a position where we can outperform and invest in women at the same time. JACKIE VANDERBRUG: I believe globally the economic power of women is growing faster than we as investors understand. Sixty-five countries in the last two years changed the legal status of rights for women in terms of their economic participation. All of that matters to companies that are operating around the world. 2

3 so I would say is take one thing that you heard up here that fits with your particular situation, your passion, the way that you see the economy going, and decide to take a step. And that could be a simple as starting to ask more questions in your due diligence, it could be asking your investment advisor how is it that my portfolio has exposure to the growing economic power of women. (Disclosure Card) Text on Screen: The views and opinions expressed are those of the speaker, are subject to change without notice at any time, and may differ from views expressed by Ban of America Corporation, U.S. Trust, Merrill Lynch, Pierce, Fenner & Smith Incorporated, or any affiliates. This information is presented for informational purposes only and should not be used or construed as a recommendation of any service, security or sector. Before acting on the information provided, you should consider suitability for your circumstances and, if necessary, seek professional advice. Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated ( MLPF&S ) and other subsidiaries of Bank of America Corporation ( BofA Corp. ). Merrill Edge is the marketing name for two businesses: Merrill Edge Advisory Center, which offers team-based advice and guidance brokerage services; and a self-directed online investing platform. The Private Banking and Investment Group is a division of MLPF&S that offers a broad array of personalized wealth management products and services. Both brokerage and investment advisory services (including financial planning) are offered by the Group's Private Wealth Advisors through MLPF&S. The nature and degree of advice and assistance provided, the fees charged, and client rights and Merrill Lynch's obligations will differ among these services. Investments involve risk, including the possible loss of principal investment. The banking, credit and trust services sold by the Group's Private Wealth Advisors are offered by licensed banks and trust companies, including Bank of America, N.A., Member FDIC, and other affiliated banks. U.S. Trust operates through Bank of America, N.A., and other subsidiaries of BofA Corp. 3

4 Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of BofA Corp. (Disclosure Card continued) Investment products: MLPF&S is a registered broker-dealer, a registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Important Information This video is provided for informational purposes only and was not issued in connection with any proposed offering of securities. It was issued without regard to the specific investment objectives, financial situation or particular needs of any specific recipient and does not contain investment recommendations. Bank of America and its affiliates do not accept any liability for any direct, indirect or consequential damages or losses arising from any use of this video or its contents. The information in this report was obtained from sources believed to be accurate, but we do not guarantee that it is accurate or complete. The opinions herein are those of the speaker, are made as of the date of this material, and are subject to change without notice. There is no guarantee the views and opinions expressed in this video will come to pass. Other affiliates may have opinions that are different from and/or inconsistent with the opinions expressed herein. This video is designed to provide general information about asset classes and strategies. It is for discussion purposes only, since the availability and effectiveness of any strategy are dependent upon each individual s facts and circumstances. Always consult with your independent attorney, tax advisor and investment manager for final recommendations and before changing or implementing any financial strategy. 4

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