Donors will be able to use 25 different iShares offerings to customize their investments
Barclays Global Investors has launched the iShares Charitable Giving Program, which offers clients access to donor-advised funds using pools of its exchange-traded funds.
It’s thought to be the first time that a major fund firm has offered a charitable-giving program using only ETFs, said Eileen Heisman, president and chief executive of the National Philanthropic Trust, a national donor-advised fund program and charity with $660 million in assets under management.
“To my knowledge, it’s very unique among [large financial] firms,” said Ms.
October 6th, 2009
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