LGBTQ Loyalty Holdings Inc (LFAP)

[seansurfgood]

Read the comments on the Yahoo article. Majority of investors do not care about a LFBT preference index, particularly one that charges 75 basis points.

https://finance.yahoo.com/news/lgbtq100-index-is-made-up-of-companies-that-support-lgbtq-equality-160317804.html

Here's another fact:

95% of all new money in 2019 has gone into ETFs that charge 20 basis points or less

Source:

That means all these preference indexes are all fighting for 5% of the money. To put it a way you might understand, LFAP is selling hot dogs for 75c when you can get the same hot dog without the rainbow wrapper for 25c.