Democratic Rep. Nancy Pelosi of California; Republican Sen. Ted Cruz of Texas
Democratic Rep. Nancy Pelosi of California; Republican Sen. Ted Cruz of Texas
  • New exchange-traded funds based on congressional stock holdings are launching Tuesday.
  • While the investments are supposed to make money, they're also throwing shade at lawmakers.
  • "90% of it is a product that performs well and 10% of it is shaming," the fund manager told Insider.

The portfolio manager of two niche exchange-traded funds that will invest in the same individual stocks congressional leaders from both parties pour their money into told Insider that needling lawmakers is definitely part of the design.