4 ways to invest in
women's equality

'Gender lens investing' doesn't just have the potential to help society — it could benefit your portfolio, too

Please read important information
at the end of this story

There's room for
progress

Women only hold about one in four corporate board seats.1

The wage gap still exists.

Just 7.4% of companies in the S&P 500 have a woman CEO2

12020 Women on Boards Gender Diversity Index
2"Fortune 500 List of Companies," Fortune Magazine, August 2020

The year the women's economic gap will finally close, globally...

2277

That's 256 years
from today!3

3World Economic Forum, Global Gender Gap Report 2020

Investors can help

One way is through
gender lens investing.

– Jackie VanderBrug, head of Sustainable and Impact Investment Strategy in the Chief Investment Office (CIO) for Merrill and Bank of America Private Bank

What's gender
lens investing?

"A gender lens investor takes gender-based data and integrates it into their investment process."

– Jackie VanderBrug, head of Sustainable and Impact Investment Strategy in the Chief Investment Office (CIO) for Merrill and Bank of America Private Bank

Why is it so important?

Applying gender lens metrics to your investing decisions has the potential to boost your return on investment.

Firms with more diverse leadership are more likely to experience above-average profitability.4

4"Diversity Wins: How Inclusion Matters," McKinsey, May, 2020
Research predates the outbreak of the global pandemic, but McKinsey believes these findings remain highly relevant.

How do I get started?

Consider
companies that...

1...

Are founded, run or funded by women

Women-owned startups generated

78¢
for every dollar of
venture-capital funding,
compared to just

31¢
for startups founded by men.5

5"Why Women-Owned Startups Are a Better Bet,"
Boston Consulting Group, June 2018
2...

Support equal pay and opportunity

Women working full time earned 82¢ for every dollar earned by men in 2019.

For Black women, the gap widens to 63¢, for Native American women, 60¢, and for Hispanic women, 55¢.6

6National Women's Law Center, 2020

3...

Exhibit gender diversity, from the ground floor to the C–suite

Diverse companies may experience better performance, reduced turnover and higher employee engagement, all predictors of higher earnings.7

7"Diversity Wins: How Inclusion Matters," McKinsey, May 2020
Research predates the outbreak of the global pandemic, but McKinsey believes these findings remain highly relevant.

4...

Offer products or services that benefit women

By 2023, women are expected to hold $93 trillion of private wealth, more than twice as much as 2010 levels.8

8"Managing the Next Decade of Women's Wealth"
Boston Consulting Group, April 2020
Assumes the economy rebounds from Covid-19 crisis by 2023 to remain on par with pre-pandemic projections.

Not convinced yet?

One final reason to believe:
Gender equality could increase global GDP by up to $28 trillion by 2025 – and that benefits everyone!9

"Gender equality is good for the economy and it's good for society."

9"Growing Economies Through Gender Parity," Council on Foreign Relations, 2018

For more tips, stats and insights on gender lens investing, read "Why gender lens investing can be good for the world – and your portfolio"

Visit ml.com/women for more insights on women and investing

Important disclosures

Information is as of February 24, 2021. Opinions are those of the author(s), as of the date of this document and are subject to change.

Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.

This material does not take into account a client’s particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select.

Important disclosures

For more information about these services and their differences, speak with your Merrill financial advisor.

The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., ("Bank of America") and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S" or "Merrill"), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”). This information should not be construed as investment advice and is subject to change. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available.

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