Entries by Robert Netzly

Inspire’s Biblical ETF [NYSE: BLES] Exceeds Secular Benchmarks

The Inspire Global Hope ETF from biblically responsible investing (BRI) asset manager Inspire Investing outperformed benchmarks since inception.

San Jose, Calif., October 17, 2019 – ​​[CORRECTED: Original mistakenly referenced MSCI ACWI Equal Weight Price Return Index data rather than Total Return data of the same index. Also, updated BLES ETF return data to reflect net asset value (NAV) performance for BLES, rather than market price data, to provide a consistent comparison figure across different performance reporting systems which often have slight variances when calculating market price returns.] 

The Inspire Global Hope ETF [NYSE: BLES], a $150M flagship exchange-traded fund (ETF) from biblically responsible asset management firm Inspire Investing, outperformed its secular equivalent, the MSCI ACWI Equal-Weight Total Return Index, on both year-to-date and since inception returns as of September 30th.

BLES net asset value (NAV) has returned 16.45% year-to-date as of the end of the third quarter, surpassing the 10.90% year-to-date returns of the MSCI ACWI Equal Weight Total Return. Since inception on Feb. 27, 2017, BLES has delivered 6.66% annualized returns on net asset value – handily outpacing that of the 5.10% annualized returns of the MSCI ACWI Equal Weight Total Return index over the same timeframe according to Bloomberg data. BLES is also outperforming the secular index on the 1-year number by 2.30%. BLES net asset value is up 1.37% while the MSCI ACWI Equal Weight Total Return benchmark is down -0.93%, as of September 30, 2019.

“The stellar performance of BLES bolsters our confidence that biblical values and good returns are not mutually exclusive,” said Robert Netzly, CEO of Inspire Investing. “BLES has shown the world that Inspire’s approach to investing in the most inspiring, biblically aligned companies in the world has yielded better returns than it’s secular benchmark.”

(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. To obtain performance data current to the most recent month-end, please call 877.658.9473, or visit www.inspireetf.com.) Total annual fund operating expenses are 0.62%.

New WWJD Fund Launch Inspired by BLES Success

The success of BLES has “inspired” the launch of Inspire’s newest ETF, the Inspire International ESG ETF which trades under the ticker WWJD, the popular Christian acronym for “What Would Jesus Do”. WWJD is a carve-out of the non-US constituents of BLES and gives investors a way to pinpoint biblically aligned large cap companies from international developed and emerging markets, areas where much of BLES outperformance is attributed.

“The international and emerging markets components of BLES have done particularly well and are the main drivers of BLES outperformance,” commented Darrell Jayroe, Inspire’s CIO and senior portfolio manager of BLES. “Now with WWJD, investors can buy a portfolio focused on these companies which have been quality positions in BLES.”

The Inspire International ESG ETF invests in 150 of the most inspiring, biblically aligned large cap companies outside of the United States with an expense ratio of 0.80%. Under normal circumstances, the fund will be comprised of 80% international developed large-cap companies and 20% emerging markets large cap companies. Inspire defines “large cap” as a market capitalization of $5B USD or greater. The fund is equally weighted and rebalanced quarterly.

About Inspire Global Hope ETF [NYSE: BLES]

The Inspire Global Hope ETF [NYSE: BLES] seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Global Hope Large Cap Index. BLES invests on a global scale, searching out inspiring, biblically aligned large companies ($5B+ market cap) from both the U.S. and around the world. BLES targets a geographic composition of 50% United States, 40% developed international and 10% emerging markets. BLES is equally-weighted, rebalanced quarterly and designed as a core equity holding.

BLES was nominated as a finalist for “Best New ESG ETF – 2017” in the ETF.com & Inside ETFs Industry Awards and registered net assets over $150M as of September 30th, 2019.

Inspire’s Data Driven Approach To Biblically Responsible Investing

At the center of Inspire’s approach to biblically responsible investing is their proprietary Inspire Impact Score methodology. Inspire Impact Scores allow investors to easily identify how aligned or how opposed a company (or portfolio of companies, like a mutual fund or ETF) is to biblical values.

Using a wealth of environmental, social and governance (ESG) data from some of the most respected data providers in the world, Inspire analyzes companies from the bottom-up with a rules based, methodology driven process through the lens of a biblical values worldview.

The result of this objective, data-focused process is an Inspire Impact Score that ranges from -100 to +100, with scores closest to +100 representing greater alignment with biblical values. Inspire invests in those companies closest to +100 and never invests in companies with scores lower than zero in any of their strategies.

Inspire recently released a free online tool at www.inspireinsight.com that allows investors to lookup the Inspire Impact Score of more than 25,000 stocks, mutual funds and ETFs to investigate the good, bad and ugly of what their portfolio is invested in from a values perspective, quickly and easily with a simple ticker symbol search.

Inspire’s Rapid Growth

Registering over $600M in assets under management as of September 30th, Inspire Investing has grown to be a global leader in the faith-based, biblically responsible investing (BRI) movement. They were ranked as the 8th fastest growing firm in Financial Advisor Magazine’s (FA) 2019 “RIA Ranking” report, marking the third consecutive year that Inspire has been recognized in the RIA Ranking of fastest growing firms.

FA’s 2019 RIA Survey and Ranking report is an annual survey that ranks firms’ based on percentage growth in assets from the previous calendar year and is the premier industry ranking of independent RIA growth. Financial Advisor Magazine is a major publication targeted to financial professionals that aims to deliver essential market information and strategies to help advisors better serve their clients and grow their firms.

Inspiring Transformation Around The World

Not only does Inspire Investing seek to invest in the most inspiring companies in the world, but they also aim to be one of the most inspiring companies in the world. As such, Inspire donates 50% or more of their corporate profits to Christian ministry every year. Most recently Inspire adopted a village in the coffee farming mountains of Guatemala and is working to provide a church building, clean water, improved education, a fully functional medical clinic, and child sponsorship to completely transform the lives of the those living in that impoverished village.  Learn more at www.inspireinvesting.com/impact.

(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. To obtain performance data current to the most recent month-end, please call 877.658.9473, or visit www.inspireetf.com.) Total annual fund operating expenses are 0.62%.

Important Risk Information: 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.

The Inspire International ESG ETF (WWJD) is new with a limited history of operation for investors to evaluate. There is no guarantee that the Fund will achieve its objective, generate positive returns, or avoid losses.

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.

Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards.

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.

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 http://www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Inspire and Northern Lights istributors, LLC are not affiliated. 3768-NLD-10/14/2019 

 
 
 
 
 
 

 

Biblically Responsible Inspire Global Hope ETF [NYSE: BLES] Beats Benchmark in Debut Year Performance

The Inspire Global Hope ETF from biblically responsible investing (BRI) asset manager Inspire Investing, outperformed benchmarks in debut year of performance. San Jose, CA, August 2, 2018 (Newswire.com) – The Inspire Global Hope ETF [NYSE: BLES], the largest exchange traded fund (ETF) from biblically responsible asset management firm Inspire Investing, has outperformed its benchmark in […]

Inspire Small/Mid Cap Impact ETF [NYSE: ISMD] Ranked Among “Top ETF Performers” In Socially Responsible Category On ETF.com

The Inspire Small/Mid Cap Impact ETF from biblically responsible investing (BRI) firm Inspire Investing gains recognition among crowded socially responsible ETF field. San Jose, California, June 11th, 2018 (Newswire.com) – The Inspire Small/Mid Cap Impact ETF [NYSE: ISMD] ranked among the top performing socially responsible investing (SRI) exchange  traded funds, according to ETF.com based on […]

Inspire Corporate Bond Impact Fund Grows to Become Largest Socially Responsible Investing Fixed-Income ETF in the U.S.

SAN JOSE, Calif., March 19, 2018 (Newswire.com) – Inspire Investing continued their ascension in the investing industry with a big day of inflows on Tuesday, propelling their Inspire Corporate Bond Impact ETF (NYSE: IBD) to become the largest Socially Responsible-themed fixed-income ETF by assets under management, according to data from ETF.com. IBD ended the day […]

Inspire Launches New Biblical ETF at Reduced Fee

At just 0.35% expense ratio, discounted by Inspire from a total expense of 0.61%, the Inspire 100 ETF [NYSE: BIBL] is Inspire’s lowest cost biblical ETF to date. SAN JOSE, Calif., October 31, 2017 (Newswire.com) – Inspire Investing launches its lowest-cost biblically responsible exchange traded fund (ETF) today — their fourth in just eight months — […]

Inspire ETFs Earn Place With Multi-Billion Dollar Money Managers

San Jose, Calif., August 14, 2017 – Inspire Investing is thrilled to make the cut with multi-billion dollar, money managers like Frontier Asset Management and Sawtooth Solutions. Other recent Inspire adopters include Howard Capital Management ($700 million AUM), Virtue Capital Management ($200 million AUM), and Creative Financial Designs ($900 million AUM).

Inspire Investing’s Global Hope Impact ETF (ticker: BLES) has been placed in Frontier Asset Management’s Christian Worldview Global Opportunities portfolio and Christian Worldview Growth & Income portfolio. Frontier is an award-winning money manager with $2.8 billion assets under management (AUM) that prides themselves on their four-step investment process designed to identify superior investment companies. Frontier was named the 2015 SMA strategist of the year by Investment Advisor magazine and Envestnet | PCM. This award highlights the managers disciplined investment management processes and other factors that help drive success. Frontier was named number one out of over 90 competing firms.

Robert Miller, Managing Principal at Frontier had this to say about the decision:

“Frontier Asset Management is excited for a new addition to our Christian Worldview strategies hire list of funds and ETFs. The Inspire Global Hope ETF increases our options of investments in the Biblically Responsible Investing (BRI) channel to serve our clients desire for a strategy that is in line with their convictions. It also gives us exposure to both US and International large stocks, which is an asset class we have struggled to find good investments that also pass our Christian Worldview strategy screens. Since the ETF is replicating an index we are more comfortable adding the ETF to our strategies despite the fund being newer with a shorter track record.”

Sawtooth Solutions is a $5 billion dollar money manager that has added 6 of Inspire’s separately managed account strategies to create their biblical investing lineup. Sawtooth is a turnkey asset management platform enabling financial advisors to easily implement their wealth management offering while embedding the pillars of an institutional framework: definable and repeatable investment, sales, and operational processes.

Rich Conley, Executive Vice President at Sawtooth Solutions said “We are very pleased to be working with the team at Inspire and welcome them to the Sawtooth platform as an investment strategist. Inspire sharpens the focus for investors who are seeking an impact consistent with their core values and our goal is to facilitate broad access for wealth advisors wishing to use the Inspire strategies for their practices.”

Inspire Investing is a leading biblically responsible investing firm that specializes in low cost, high impact ETFs. The ETFs utilize the innovative Inspire Impact Score methodology, which measures a company’s positive impact on the world. The ETFs also provide a low cost, convenient, index-based way for investors to create a purposeful impact supporting Christian ministry with their investments.

Important Risk Information: 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.

The Inspire ETFs are new with a limited history of operations for investors to evaluate.  There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses.

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 Funds may focus their 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. 

The Funds are 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 Funds are smaller, these risks will be greater.

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 https://www.inspireetf.com.  Read it carefully.  The Inspire ETFs are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. 

Inspire and Northern Lights Distributors, LLC are not affiliated. 3218-NLD-3/15/2019

 

 

Inspire Investing Launches First Faith-Based Bond ETF Ever Created

San Jose, Calif., July 11, 2017 – Today, Inspire Investing, a leading biblically responsible impact investment firm headquartered in the Silicon Valley, announced it is launching a fixed income ETF to complement the company’s first two exchange-traded funds, which will invest in the corporate bonds of companies aligned with biblical values, as well as support Christian ministry. The first two funds launched by Inspire Investing, Inspire Global Hope Large Cap ETF (NYSE: BLES) and Inspire Small/Mid Cap Impact ETF (NYSE: ISMD), began trading on the New York Stock Exchange on February 28, 2017.

The Inspire Corporate Bond Impact ETF (NYSE: IBD) will begin trading on the New York Stock Exchange on July 11, 2017. The fund provides a low cost, convenient, index-based way for investors to create a purposeful impact by supporting causes such as clean water projects, Bible distribution, efforts to stop human trafficking, and humanitarian relief for refugees.

“There is extremely robust demand from investors and advisors who want to invest in what they believe in,” said Robert Netzly, President and CEO of Inspire Investing. “Following Inspire’s two highly successful fund launches earlier this year, our new fund IBD fills an important fixed income portion of portfolio options. Before today, there has never been a faith-based ETF in the bond sector, and we’re excited to have developed this choice for investors, advisors, institutions and other faith-based investors.”

The funds underlying Inspire Corporate Bond Impact Equal Weight Index is comprised of 250 investment grade short term and intermediate term corporate bonds issued by some of the most inspiring large cap “blue chip” companies in the U.S., as determined by Inspire’s innovative Inspire Impact Score methodology, which measures a company’s positive impact on the world. The index is equally weighted, rebalanced quarterly and calculated on a total return basis in U.S. dollars.

When constructing this ETF, the firm strived to mirror the characteristics regarding maturity, duration, coupon, and credit quality with the Barclays Capital U.S. Aggregate Bond Index2 but is sourced from the firm’s proprietary Inspire Corporate Bond Impact Equal Weight Index and not the Barclays AGG Index so as to avoid investments in companies involved in immoral activities such as abortion, pornography, human trafficking and other issues of concern for faith-based investors. IBD provides morally-conscious investors the opportunity to replace core fixed income holdings with an impact focused, biblically aligned ETF with minimal change to the portfolio’s financial characteristics or investor experience. IBD is comprised of 100 percent U.S. investment grade corporate credit exposure. It is designed to be a “core fixed income” holding and to function as the workhorse of fixed income portfolios.

IBD is constructed via a cellular approach divided among four maturity tranches placing 25 issues in each tranche. Inspire Investing has carefully considered credit quality by selecting investment grade credit from among these maturity bands while giving priority to secured debt from among the capital structure. Liquidity is an important aspect of the selection process. Sector exposure was also considered, avoiding excessive weightings of interest rate sensitive categories such as real estate investment trusts and financial companies.

For more information on Inspire Investing, please visit www.inspireinvesting.com.

For media inquiries or interview requests, contact inspire@inspireinvesting.com.

Important Risk Information: 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.

The Barclays Capital U.S. Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).

The Inspire ETFs are new with a limited history of operations for investors to evaluate. There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses.

Fixed income securities value will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. 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 receiving less than net asset value when selling. The Funds may focus their 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 on a particular industry. 

The Funds are 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 Funds are smaller, these risks will be greater.

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 https://www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. 

Inspire and Northern Lights Distributors, LLC are not affiliated. 3217-NLD-3/15/2019