Newday Impact Announces Launch of New AHOY 2.0 Ocean Health ETF

NEW YORK, Feb. 2, 2024

AHOY 2.0 leverages Newday Impact's deep history in impact investing and strong relationships with grassroots nonprofit organizations on the forefront of ocean conservation and change. It aims to harness the power of capital to enhance and support the development of nature-positive solutions promoting healthier oceans and benefiting from the rise of the "blue economy."

The fund is actively managed and invests in industry-leading companies that contribute positively to Ocean Health, as well as taking positions in "ocean improvers" — companies that can improve their impact on the oceans.

AHOY continues Newday Impact's commitment to ocean health and provides responsible investors an opportunity to drive impact for the world's seas.

The fund builds on the success of the inaugural AHOY ETF. AHOY 2.0 will encompass a more intimate portfolio of 25 holdings, tightly focused on ocean health, and will have greater international exposure, reflecting the global nature of ocean health.

AHOY 2.0 will also feature advocacy candidates, or companies that have practices that are harmful to ocean health, which Newday will advocate for change. This will be specifically centered on aspects of the Krill trade for its effect on oceans. Additionally, AHOY 2.0 is aligned with United Nations Sustainable Development Goals (SDG). As with its inaugural AHOY ETF, Newday Impact will contribute a portion of its management fee to its nonprofit partners.