Inspire 100 ETF
[TICKER: BIBL]

Inspire 100 ETF (BIBL) invests in some of the most inspiring, biblically aligned large companies ($20B+ market cap) in the U.S. It is market cap weighted and designed to be the core equity holding of a portfolio. Any accrued dividends are paid out quarterly.

We select portfolio companies using the Inspire Impact Score methodology, our proprietary process that identifies companies doing amazing things like working to cure cancer, providing clean water solutions and otherwise being a blessing to their communities, customers, workforce and the world, while at the same time avoiding investments in companies involved in immoral activities like abortion, pornography and human trafficking.

BIBL is managed according to biblically responsible investing (BRI) standards seeking to create meaningful impact in the world and helping investors align their investments to support biblical values.

KEY FEATURES:
• Low cost4
• One-hundred inspiring large U.S. companies
• Market-cap weighted index construction
• Supports Christian ministry
• Meets biblically responsible investing (BRI) standards

ABOUT THE INDEX

The Inspire 100 Index is a rules based, passive index which tracks the stock performance of the one-hundred highest Inspire Impact Scoring companies in the United States with market capitalizations above $20B. The index is market-cap weighted, rebalanced annually and calculated on a total return basis in U.S. Dollars.

PERFORMANCE HISTORY

As of 04/20/2018

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION3
NAV -2.40% -3.83% N/A N/A 0.85% 0.93% 5.33%
Market Price -2.58% -3.72% N/A N/A 0.57% 1.01% 5.25%

QUARTER END PERFORMANCE HISTORY

As of 03/31/2018

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION3
NAV -1.84% 0.08% N/A N/A 0.08% 0.08% 4.45%
Market Price -1.25% 0.89% N/A N/A 0.89% 0.89% 5.13%

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.

Inspire Funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Market Price returns are based upon the midpoint of the bid/ask spread 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.

Data beginning Fund inception. Fund performance shown at NAV.


DISTRIBUTION HISTORY

Ex-Date Record Date Pay Date Short-Term Capital Gains Long-Term Capital Gains Dividend Income Total Distribution
03/28/2018 04/02/2018 04/05/2018 0 0 0.0611 0.0611
12/15/2017 12/19/2017 12/22/2017 0 0 0.0818 0.0818

TOP HOLDINGS

As of 04/20/2018

NAME SYMBOL NET ASSET % MARKET PRICE($) SHARES HELD MARKET VALUE
AbbVie Inc ABBV 4.90 % 92.60 9,021.00 835,344.60
NVIDIA Corp NVDA 4.38 % 228.71 3,265.00 746,738.15
Honeywell International Inc HON 3.68 % 150.57 4,165.00 627,124.05
Union Pacific Corp UNP 3.50 % 135.66 4,401.00 597,039.66
Schlumberger Ltd SLB 3.17 % 69.23 7,812.00 540,824.76
ConocoPhillips COP 2.51 % 65.79 6,502.00 427,766.58
General Dynamics Corp GD 2.16 % 223.11 1,653.00 368,800.83
Lowe's Cos Inc LOW 2.16 % 83.62 4,409.00 368,680.58
American Tower Corp AMT 1.96 % 136.62 2,446.00 334,172.52
Micron Technology Inc MU 1.90 % 50.62 6,410.00 324,474.20
DOWNLOAD ALL HOLDINGS (.CSV)

*Holdings are subject to change. Holdings and percent of assets are based on security assets only, not including cash or receiveables (unpaid interest and dividends).

1SEC Yield and Distribution Rate calculations are based on most recent Ex-Date. Distribution Rate reflects the total distributions over the previous 12 months. SEC Yield and Distribution Rate includes income, dividends, return of capital, or other distributions that are not considered short-term or long-term capital gains. Return of capital is considered a return of the investment principal and is not derived from net profits. Yield performance shown reflects fee waivers and/or expense reimbursements by the investment advisor to the fund resulting in a net expense ratio. Performance would have been lower without such waivers.

2Bid/Ask Midpoint as of market close.

3The Inception date of the Inspire 100 ETF is 10/31/2017

4Inspire 100 gross expense is 0.61% and net expense is 0.35% is lower cost than the industry average expense ratio for ETFs is 0.78% according to data from http://www.etf.com/channels/global-etfs as of 6/23/17. The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2018, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement will not exceed 0.35% of the Fund subject to possible recoupment from the Fund.

5 Inspire, the adviser, provides the index for the Inspire Funds to track. The indexes use software that analyzes publicly available data relating to the primary business activities, products and services, philanthropy, legal activities, policies and practices when assigning Inspire Impact Scores to a company. The securities with the highest Inspire Impact Scores are included in the Indexes and are equally weighted. As the Fund may not fully replicate the Index, it is subject to the risk that investment management strategy may not produce the intended results. Past performance is no guarantee of future results. Investors cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges.

Securities in the Index or in the Fund’s portfolio may underperform in comparison to the general securities markets or other asset classes. The Fund may focus its investments in securities of a particular industry to the extent the Index does. This may cause the Fund's net asset value to fluctuate more than that of a fund that does not focus in a particular industry. Fluctuations in the value of equity securities held by the Fund will cause the net asset value (“NAV”) of the Fund to fluctuate. The Fund is not actively managed and the Adviser will not sell shares of an equity security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a rebalancing of the Index as addressed in the Index methodology. Tracking error may occur because of imperfect correlation between the Fund’s holdings of portfolio securities and those in the Index. The Fund’s use of a representative sampling approach, if used, could result in its holding a smaller number of securities than are in the Index. To the extent the assets in the Fund are smaller, these risks will be greater.

Investors cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges.

FUND DETAILS
As of 04/20/2018
Ticker
BIBL
Primary Exchange
NYSE Arca
Cusip
66538H534
Inception Date
10/31/2017
Net Assets
$17,055,077.93
Shares Outstanding
650,000
Volume
19,736
Net Expense Ratio4
0.35%
Gross Expense Ratio4
0.61%
IOPV Ticker
BIBL.IV
Related Index Ticker
BIBLI
30 - Day SEC Yield1
1.43
Distribution Rate
1.11

FUND PRICE
As of 04/20/2018
NAV
$26.24
Daily Change
$-0.19
Market Price2
$26.24
Daily Change
$-0.19
Premium Discount
$

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