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Stock impact report

New Active ETF ‘YUMY' Will Target the Future of Food [Business News Network (BNN) (Canada)]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
The VanEck Future of Food ETF will be the firm's first to employ bottom-up, fundamental research and will focus on companies engaged in agricultural and food technology and innovation. VanEck is launching the actively-managed exchange-traded fund under the ticker “YUMY” on Thursday. “The growing global population and the concurrent threats from climate change are driving the need for more sustainable agri-food processes and technologies in order to provide for a future with more affordable, nutritious and safe food for all,” said VanEck's Shawn Reynolds, who will co-manage the portfolio with Ammar James. The firm sees opportunities in themes including precision agriculture, alternative proteins and sustainable packaging. One area of the industry -- plant-based products -- has attracted an abundance of capital in recent years, with firms like Beyond Meat Inc. and Oatly Group AB going public. Those stocks have struggled to keep pace with the market's rally this year, with Beyond Me Show less Read more
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