Inspire International ESG ETF
[TICKER: WWJD]

Inspire International ESG ETF selects investments from 200 of the most inspiring, biblically aligned large cap companies outside of the United States. Under normal circumstances, the index 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, rebalanced quarterly and calculated on a gross total return basis in USD.

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.

WWJD 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:

• Selected from 200 of the most inspiring, biblically aligned companies (ex-US)
• Large-cap companies ($5B USD or greater)
• 80% International/20% Emerging Markets
• Equally weighted & rebalanced quarterly
• Supports Christian ministry
• Meets biblically responsible investing (BRI) standards

ABOUT THE INDEX

The Inspire Global Hope Ex-US Index intends to track the price movements of a portfolio of 150 of the most inspiring, biblically aligned large cap companies outside of the United States. The index is 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 index is equally weighted, rebalanced quarterly and calculated on a gross total return basis in USD.

 

Print Friendly, PDF & Email

PERFORMANCE HISTORY

As of 12/06/2019

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION3
NAV 1.06% N/A N/A N/A 7.04% N/A 7.04%
Market Price 0.90% N/A N/A N/A N/A N/A 7.72%

QUARTER END PERFORMANCE HISTORY

As of

1 MONTH 3 MONTH 6 MONTH 1 YEAR QTD YTD SINCE
INCEPTION3
NAV N/A N/A N/A N/A N/A N/A N/A
Market Price N/A N/A N/A N/A N/A N/A N/A

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.


TOP HOLDINGS

As of 12/06/2019

NAME SYMBOL NET ASSET % MARKET PRICE($) SHARES HELD MARKET VALUE
US DOLLARS USD 10.75 % 1.00 1,295,010.23 1,295,010.23
Caltex Australia Ltd CTX AU 0.84 % 34.51 4,284.00 100,982.70
STMicroelectronics NV STM 0.82 % 25.47 3,897.00 99,256.59
Ryanair Holdings PLC RYAAY 0.81 % 85.71 1,143.00 97,966.53
easyJet PLC EZJ LN 0.80 % 13.88 5,274.00 95,943.76
Persimmon PLC PSN LN 0.77 % 25.25 2,817.00 93,225.64
IMI PLC IMI LN 0.77 % 11.39 6,219.00 92,839.20
Alfa Laval AB ALFA SS 0.77 % 232.00 3,789.00 92,488.05
Valeo SA FR FP 0.76 % 35.25 2,358.00 91,838.76
Next PLC NXT LN 0.76 % 68.74 1,017.00 91,625.76
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 International ESG ETF is 09/30/2019

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. 3852-NLD-11/07/2019

FUND DETAILS
As of 12/06/2019
Ticker
WWJD
Primary Exchange
NYSE Arca
Cusip
66538H419
Inception Date
09/30/2019
Net Assets
$12,043,604.51
Shares Outstanding
450,000
Volume
6,272
Net Expense Ratio4
0.80%
Gross Expense Ratio4
0.80%
IOPV Ticker
WWJD.IV
Related Index Ticker
IGHXUSG
30 - Day SEC Yield1
N/A
Distribution Rate
N/A

FUND PRICE
As of 12/06/2019
NAV
$26.76
Daily Change
$0.19
Market Price2
$26.93
Daily Change
$0.19
Premium Discount
$0.17

Download Factsheet