Category Archives: Women in Business

Women and Money, Gender Lens Investing

The series of five posts on Women and Money, Gender Lens Investing, has been combined into one article.  For those who didn’t read the series, it is probably easier to read a consolidated version.  So, please go to scribd.com (a publishing website) by clicking on the link below.  Scribd.com not only provides a way to read on-line, but allows you to download the article and even print it.  I am mentioning scribd.com  because it is a great resource for those who like to read and learn.

Just click on:  https://www.scribd.com/doc/245944714/Women-and-Money-Gender-Lens-Investing .  This will take you to my article.

To me, this is an exciting time for women to be learning about how to understand gender lens investing, and see if it fits into their investment needs.

Please pass on what you learn and share this exciting concept with other women!

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(This information is designed to educate you about basic financial management concepts. Questions relevant to personal finances specific to the individual should be address to an appropriate professional to ensure that the situation has been evaluated carefully and appropriately. The Authors and Publisher specifically disclaim any liability loss, or risk which is incurred as a consequence directly or indirectly from the use and application of any contents of this work.)

Copyright2014©by Debra Hadsall

 

Women and Money, Gender Lens Investing V

lensfunnyThis is the fifth Women and Money post in a series about gender lens investing. All are available at www.financialfreedomparty.com.

The first post introduced the concept of investing through a screening process referred to as a lens. The second gives an overview of socially responsible investing as an established type of lens investing. The third answers the question “Why gender lens investing?” and promises to look at the role of board of directors (also referred to as the board) and high level business executives in publicly traded companies. The fourth post, gives a brief overview of each of these two leadership groups and shows why they are important in understanding how gender lens investing works. This fifth post describes some specific criteria being used by one investment company as its way to screen companies, or simply how they apply the gender lens.  Those companies who meet the gender lens criteria are then eligible to be considered as part of the investment.

Once again I remind you, this blog is educational in nature and does not give  investment advice. The intent is to give an overview of gender lens investing and how it works. If you find the investment mentioned here to be something that interests you, then please seek professional advice and go through the normal process of determining whether or not it is appropriate for you.

Much of the material on investing is technical and precise.  Rather than trying to re-state it correctly, most of this post will refer you to the source documents through a series of links for you to click on.  It is the best way to learn, even if it may seem just a little tedious at first.  If you choose not to follow the links, all the pieces of this puzzle- like study won’t fit very well.  Your choice of course.

Pax Ellevate Global Women’s Index Fund is an example of gender lens investing. If there are similar funds out there, I have yet to find them.  Since this one is leading  a new way of thinking, it is a good place to start learning the details.

The link which will guide you in understanding who is involved in the development of the fund referenced above, why it was created, and how it works can be seen by clicking here.

An overview of how companies are screened, or how the gender lens is applied, is briefly described below:

Each company gets the cumulative ranking based on five criteria of gender leadership. These include the number of women representatives on boards of directors or in executive management, as well as those who have a female CEO or CFO and have signed the Woman’s Empowerment Principles, a joint initiative by the UN Global Compact and UN Women that provides guidance for companies on how to empower women in the workplace.

Besides these criteria, companies must also meet key environmental, social and governance standards

Not familiar with The Woman’s Empowerment Principles?  I wasn’t either,  They are summarized below:

The entire document may be viewed by clicking here.

Finally, more details are available by clicking here to link to the

  • Fund Fact Sheet
  • Fund Profile
  • Prospectus

You will probably find the Fund Fact Sheet and Fund Profile to be the easiest to understand.  However, the Prospectus is also a very important document.   Not sure what it is?  Next time I’ll go into details about a prospectus and why it is a valuable document to you as a potential investor or investor.

To summarize, this series of five blogs has:

  • Given a quick  lesson on the concept of investing through a screening process referred to as a lens. 
  • Explained the characteristics of the board of directors and C-level executives in publicly held companies
  • Shown how one firm is applying a gender lens to companies based on their ratio of women to men in leadership positions and the acceptance of practices as stated in the Women’s Empowerment Principles.
  • Provided links to additional  and more detailed  information on a mutual fund, Pax Ellevate Global Women’s Index Fund, which is the example used in these posts.

It will be interesting to see how this concepts spreads and impacts the world of big business and the quality of the lives of both women and men.

Please share this information with those around you.

Until next time.

 

(This information is designed to educate you about basic financial management concepts. Questions relevant to personal finances specific to the individual should be address to an appropriate professional to ensure that the situation has been evaluated carefully and appropriately. The Authors and Publisher specifically disclaim any liability loss, or risk which is incurred as a consequence directly or indirectly from the use and application of any contents of this work.)

Copyright2014©by Debra Hadsall

Gender Lens Investing

lensfunnyHave you heard about gender lens investing?  I must admit that it is something I am just learning about.  So, let’s learn together.

To me, the two words gender lens create a vision of looking through the lens and seeing  the world through  adjustments. The lens is a filter which symbolically contains all our personal prejudices and experiences along with those we have acquired as the result of the norms and rules of society.

I googled the term “gender lens “to see what the experts say.  Interestingly enough, there were not pages and pages of quick definitions, most were quite clinical.  So I am going with the one from Wikipedia which is simple and concisely states what the long detailed articles and papers take paragraphs to explain.  It says:

What is a Gender Lens?

Think of a gender lens as putting on spectacles. Out of one lens of the spectacles, you see the participation, needs and realities of women. Out of the other lens, you see the participation, needs and realities of men. Your sight or vision is the combination of what each eye sees.

Gender is about relationships between men and women. Gender equality is about equal valuing of women and men – of their similarities and their differences. We need equal, respectful partnerships between men and women to have happy, healthy families and communities in the same way that we need both eyes to see best.

You can read more by clicking here.

This gives us a foundation to beginning to understand the concept of a gender lens, now to see how that term applies in the investment world and what it means to women.  More next time.

Until then.

Debra Hadsall

www.ffptalk.com

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Financial Freedom Party for Women

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Today’s daunting task, calling the U.S. Patent and Trademark Office to figure out what the letter they sent me about the Financial Freedom Party logo actually means.  20 years as a government employee and 15 as a financial advisor, and even I can’t figure it out.  Much prefer meeting with women and sharing financial education than dealing with trademark issues, but being the owner of a “mark” is pretty awesome.  Now to fax off what they want….this time.  Changing how women learn about money is sometimes just a bunch of boring detail work, but so worth it!

Debra Hadsall

www.ffptalk.com

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My Monkey Mind- Women in Commerce, Marijuana and Shades of Nancy Botwin

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My monkey mind postings relate to Buddha’s description of the human mind as being filled with drunken monkeys, jumping around, screeching, chattering, and carrying on endlessly. These postings come from my monkey mind.

Yesterday my Monkey Mind connected Nancy Botwin (a fictional character), ways to improve financial lives by making more money, and women in commerce in the legal pot industry in Colorado.  I am not posting about whether or not legalized marijuana is appropriate, only about where my Monkey Mind took me recently.

Colorado has legalized the growing and sale of recreational marijuana, with limitations.  I lived in Colorado for most of my adult life and have family and friends there.  Recently I was staying with my  adult son and he opened the freezer, took out a small bag of marijuana, and asked if I wanted some.  Then we laughed.  Pot has never been my deal or his. The bag has been there for six months.  The humorous part was he was having this conversation with his mother and all of a sudden that which was forbidden and usually hidden, was now OK (limited amounts of course) and out for all to see.

He and I have our mother and son bonding over cable TV shows like Sons of Anarchy, Breaking Bad, Nip Tuck, and my all-time favorite, Weeds.  If you don’t know, Weeds is the  fictional story of Nancy Botwin, a widow with two children and a big need for big income.  She is not a perfect person and her decision to deal weed is one of love, violence,  greed, corruption, survival, decisions, sex, and commerce.  It is also the story of a woman in an industry run by men and a mother’s concern for providing for her children.  Quite an interesting combination.

The last episodes show how over time she made the jump from being a criminal dealing drugs to a woman of commerce with a chain of very successful stores selling pot edibles.  How did this happen?  The story line put her in a world where weed had been legalized.  I loved the ending since it showed Nancy as the owner of a very large, very legal, and  very legitimate business.  My son didn’t share my enthusiasm.  I suspect he was looking for the crazy violence prone Nancy to rise again.  Instead it was a story of  closure and commerce .

This week I did a posting titled Three Ways to Improve Your Financial Life.  One of these ways to make more.  I am always fascinated by how we as women find ways to make more for ourselves and our families.  So, when CBS This Morning did a segment on women in Colorado who are in the  legalized marijuana industry, are making money, reaching out to each other, and getting a piece of the action, I thought of Nancy Botwin and the idea of making more money.

In the  CBS video, a woman is shown in a commercial  kitchen  preparing pot goodies.  She is not a Food Network star or a well-known chef, the way most women in kitchens come to us via our television.  I doubt that she is highly paid or wealthy…yet.  She is a woman doing commerce in the legalized pot industry in Colorado. I thought, finally a way for women who can cook and/or grow things and also run a business to make a real living. This is big business and one where women are already finding a way to connect with other women to define the industry and benefit financially from their efforts. The segment can be viewed at http://www.cbsnews.com/news/making-the-marijuana-business-women-friendly

I remember that after I viewed the final season of Weeds, I mentioned to my husband that maybe I should get into the pot business some day when it is legalized more widely.  He laughed and reminded me that most plants I care for die and that although I make amazing cookies, my long-term ability to whip up delicious pot treats doesn’t exist.  So I will just watch from the sideline as those pioneering Colorado women lead the way.

Until next time.

Debra Hadsall

financialFreedom_book

 

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