Check out the article in today’s Globe and Mail  – “Women in Leadership: An investing strategy that’s working”.

There are 24 companies in the S&P500 which are led by women.  In the past 12 months, the average return of these companies was 19.5% compared with 14.9% for the S&P500 companies with male CEOs.

“Investing specifically in gender diversity is still in its infancy in the U.S. and it’s hard to determine whether it will expand into the Canadian market.  But strong past performances by companies led by women suggest investing based on gender diversity may catch on.”

There are several options of how to invest directly in these companies which have emerged recently including Barclays Women in Leadership index exchange traded note.   Keep this in mind when you are contemplating your investment strategy.

Melissa Clark, Wealth Advisor, RBC Dominion Securities.