UBS launched a new socially conscious investment strategy focused on LGBT employment equality

UBS announced the launch of the InsightShares LGBT Employment Equality ETF, the first in the series of ETFs issued under the "InsightShares" brand.

This cause-focused ETF offers the opportunity to invest in a socially conscious strategy. Created and offered by Exchange Traded Concepts, this ETF offers exposure to the UBS LGBT Employment Equality Index.

The index was designed to track the price movements of U.S. companies that provide LGBT equality through their company and employment policies as measured by their score in the Human Rights Campaign Foundation's Corporate Equality Index.