Today, SoFi announced a new index fund focused on the gig economy; GIGE trades on the Nasdaq and is actively managed by Toroso Investments; the fund focuses on companies which “embrace and support the workforce in which employment is based around short-term engagements that allow for flexibility and personal freedom and temporary contracts”; Sofi also announced another ETF which is focused on high growth stocks; SoFi CEO Anthony Noto’s comment in the press release read, “Our members are excited by high-growth and gig economy companies because these companies are in many cases part of their lives…We’re giving our members a way to get started investing by buying what they know and investing in themselves.”; TechCrunch has further details on the funds. Source
