What is Proxy Voting?

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When you deposit money with Acorns, Acorns purchases shares in several exchange-traded funds (or ETFs). Once you’re an investor in those ETFs, you get to weigh in on important issues with a vote. Your vote is proportional to the number of shares you own.


Proxy voting as a shareholder is a lot like mailing in your ballot for an election. Many shareholders don’t vote in person, so voting by proxy makes sure your vote is counted at the shareholder meeting.

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