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August 19, 2022
Eric Smyth

Inspire Investing Removes ESG from All Fund Names

Inspire Investing has announced the removal of the term ESG (environmental, social, governance) from the names of its eight ETFs.

Boise, ID / August 19, 2022 — Inspire Investing, the world's largest provider of biblically responsible ETFs, announced changes to the naming convention of its suite of eight ETFs (exchange-traded funds). The change encompasses the removal of the term ESG (environmental, social, governance) from the fund names. The investment objectives and methodologies behind the funds are unaffected by this change, and all eight funds will continue to trade under their current tickers.

Inspire initially adopted the term “faith-based ESG” back in 2019 to describe their biblically responsible approach to investing and how it applies a biblical worldview to ESG criterion. More recently, due to pervasive liberal activism under the guise of “ESG”, the term has received backlash from conservatives and has become broadly perceived as the antithesis of biblical values. To reflect this development of public perception, Inspire publicly renounced the ESG label, explaining their decision in an article published by Inspire CEO, Robert Netzly.

“We adopted ESG hoping to see a “two-party system” in the ESG community, where biblical values could provide counterpressure on the overwhelming progressive-left dominance in the space,” commented Netzly. “Due to the escalation of leftist intolerance and rancor in recent months, we no longer desire to identify our investment approach as being part of the ESG category. In our view, ESG has joined CRT in the list of acronyms worth fighting against.”

Read the full article describing Inspire’s decision to renounce ESG at inspireinvesting.com.

Effective August 22, 2022, the Funds’ names will change as follows:

Previous Name Updated Name
Inspire 100 ESG ETF Inspire 100 ETF
Inspire Global Hope ESG ETF Inspire Global Hope ETF
Inspire Faithward Large Cap Momentum ESG ETF Inspire Faithward Large Cap Momentum ETF
Inspire Faithward Mid Cap Momentum ESG ETF Inspire Faithward Mid Cap Momentum ETF
Inspire Corporate Bond ESG ETF Inspire Corporate Bond ETF
Inspire Small/Mid Cap ESG ETF Inspire Small/Mid Cap ETF
Inspire Tactical Balanced ESG ETF Inspire Tactical Balanced ETF
Inspire International ESG ETF Inspire International ETF

About Inspire Investing
Inspire is a leading provider of biblically responsible investments managing over $2 billion in assets under management (as of 8/16/2022), and creator of the globally recognized Inspire Impact Score™, which is used by investors around the world to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles.  

Inspire ranked in the “Top 50 fastest growing RIA firms” by FA Magazine for the past three years in a row and was recognized in The Financial Times “Americas’ Fastest Growing Companies” 2021 and 2022 report, as well as the Inc. 5000 list of fastest-growing private companies in America three years running. Inspire also donates 50% or more of its net corporate profits to support impactful ministry projects around the globe through its Give50 Program. To learn more, visit www.inspireinvesting.com.   

Media contact:
Eric Smyth
(208) 994-0832
eric.smyth@inspireinvesting.com

There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses. Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, visit www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA. Inspire and Foreside Financial Services LLC are not affiliated. Investment advisory services offered throughInspire Investing, LLC, a Registered Investment Advisor with the SEC.

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There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses. Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, call 877.658.9473, or visit www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA. 

Inspire and Foreside Financial Services LLC are not affiliated. 

ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for most Inspire Funds, and do not represent the returns you would receive if you traded shares at other times.

An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid. 

Investment advisory services offered through Inspire Investing, LLC, a Registered Investment Advisor with the SEC. 

National Admin Office: 3597 E Monarch Sky Ln, Suite 330 Meridian, ID 83646; Phone: (877)658-9473; Email: admin@inspireinvesting.com 
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Note: Giving can and does change to meet changing ministry needs. Total lifetime giving $243,372 as of 12/31/23.

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