Credit Suisse Launches First Ever LGBT Friendly Blue Chip Stock Investment Portfolio
Credit Suisse today has launched a new associated investable portfolio, the Credit Suisse LGBT Equality Portfolio, Powered by HOLT®. This new portfolio will contains blue chip investment stocks of companies with progressive LGBT policy and strong capital appreciation potential.
Credit Suisse in the past has had a strong track record of providing leadership and support for LGBT-related issues..
Credit Suisse LGBT Equality Index™(Bloomberg Ticker: CSLGBT Index) the first index to track the equity performance of companies with LGBT (Lesbian, Gay, Bisexual and Transgender) friendly policies. Some of the biggest companies in the LGBT Equality Index 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).
Also being launched is the Credit Suisse LGBT Equality Index™ is a capitalization-weighted equity index that measures the performance of US companies recognized for supporting and promoting equality for members of the LGBT community
Said Timothy O’Hara, Credit Suisse Global Head of Equities. “We are very pleased to be launching an Index that tracks the economic impact of LGBT-supportive policies.”