Former bank executive and head of the women’s network Ellevate, formerly 85 Broads, Sallie Krawcheck announced the Pax Ellevate Global Women’s Index Fund Wednesday. The new index fund aims to capitalize on these findings showing gender diversity in the highest ranks of companies leads to better performance, while executing on a mission to invest in women and a desire to cater to investors (like millennials) interested in social impact investing. The Daily Ticker talks to Krawcheck about the new fund.