Inspire Small/Mid Cap Impact ETF

We believe that good returns and good values are not mutually exclusive. Inspire Small/Mid Cap Impact ETF is designed to create meaningful impact by investing in some of the most inspiring companies in the United States, while also seeking to provide investors with a low cost, high impact investment that meets the stringent demands of modern investors. All Inspire ETF’s meet biblically responsible investing (BRI) standards, which measures a portfolio’s alignment with biblical values.

• Low cost
• Hundreds of inspiring companies
• Aggressive growth objective
• Equal-weight index based
• Supports worthy causes
• Meets biblically responsible investing (BRI) standards


Inspire Small/Mid Cap Impact Equal Weight Index tracks the stock performance of 500 of the most inspiring small and mid cap companies in the U.S., as determined by Inspire’s revolutionary Inspire Impact Score4 methodology which measures a company’s positive impact on the world. Under normal circumstances the index will be comprised of 50% U.S. mid cap companies with market cap between $2B-3.5B, and 50% U.S. small cap companies with market cap between $1B-2B. Inspire believes that companies in this “smid cap” capitalization range have the potential to deliver above average growth. The index is equally weighted, rebalanced quarterly and calculated on a gross total return basis in United States Dollars.

US DOLLARS USD 1.72 % 1.00 313,148.85 313,148.85
Nektar Therapeutics NKTR 0.36 % 23.93 2,775.00 66,405.75
FNB Corp/PA FNB 0.36 % 14.73 4,447.00 65,504.31
RH RH 0.29 % 38.00 1,410.00 53,580.00
Kite Pharma Inc KITE 0.29 % 78.61 675.00 53,061.75
Avexis Inc AVXS 0.26 % 74.47 630.00 46,916.10
GCP Applied Technologies Inc GCP 0.25 % 33.50 1,380.00 46,230.00
Children's Place Inc/The PLCE 0.25 % 121.20 375.00 45,450.00
Portola Pharmaceuticals Inc PTLA 0.25 % 39.23 1,140.00 44,722.20
TopBuild Corp BLD 0.24 % 46.43 960.00 44,572.80

*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 may include 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.

2Bid/Ask Midpoint as of market close.

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.

3 Inspire, the adviser, provides the index for the Inspire Funds to track. The indexes uses 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.

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. Foreign (non-U.S.) securities, emerging markets present greater investment risks than investing in the securities of U.S. issuers and may experience more rapid and extreme changes in value than the securities of U.S. companies, due to less information about foreign companies in the form of reports and ratings than about U.S. issuers; different or undeveloped laws and regulations, accounting, auditing and financial reporting requirements; smaller markets; nationalization; expropriation or confiscatory taxation; currency blockage; or political changes or diplomatic developments.

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.

As of 03/28/2017
Primary Exchange
Inception Date
Net Assets
Shares Outstanding
Expense Ratio
IOPV Ticker
Related Index Ticker
30 - Day SEC Yield1
Distribution Rate

As of 03/28/2017
Daily Change
Market Price2
Daily Change
Premium Discount

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