Ticker: CSLGBT Index
We can go ahead and file this under SMART. Did you know that companies that support the LGBT community provide better returns for investors that companies who are not LGBT friendly? Call it good karma, call it common sense. Clearly, the companies that support the LGBT community have smarter people working in them!
Credit Suisse recently launched the LGBT Equality Index(TM). The FIRST index to track the equity performance of companies with LGBT friendly policies. They used the HRC Corporate Equality Index to identify the companies which include: Wells Fargo (WFC, Fortune 500),JP Morgan Chase (JPM, Fortune 500), Apple (AAPL, Fortune 500), Microsoft(MSFT, Fortune 500), Google (GOOG, Fortune 500) and Johnson & Johnson(JNJ, Fortune 500).