San Jose, Calif., July 30, 2019 — Inspire Investing’s US Large Cap fund, Inspire 100 ETF [NYSE: BIBL], receives a MSCI ESG Fund Quality Score of 6.3 out of 10, ranking BIBL in the top 20% amongst other funds in its peer group.
The MSCI ESG Quality Score analyzes thousands of data points across 37 ESG key issues, focusing on the intersection between a company’s core business and the industry issues that can create significant risks and opportunities for the company. The measure assesses funds on a scale from 0 to 10, with 10 reflecting underlying holdings that rank best-in-class globally based on their exposure to—and management of—ESG risks and opportunities, while a score of 0 reflects holdings that generally rank worst in class globally based on their exposure to similar factors. The score focuses on the ESG quality of a fund’s holdings; not the extent to which an asset manager incorporates ESG into its investment process.
Here is what Inspire CEO, Robert Netzly, had to say about BIBL receiving this badge from MSCI:
“We are truly humbled with the MSCI ESG Quality Score received by our large cap fund. Every recognition like this continues to prove that biblically responsible investing is a valid ESG investment approach.”
Laura Nishikawa, head of fixed income ESG research at MSCI, says
“The ESG Quality Score establishes a framework for ESG transparency at the fund level. We offer [investors] the tools to report the ESG characteristics of their funds, including the underlying data as well as the quality score. The whole point is transparency.”
Inspire 100 ETF is a faith-based ESG (environmental, social and governance) US large cap ETF that seeks to deliver quality performance characteristics while also creating meaningful impact in the lives of people across the globe. This fund seeks to replicate investment results that generally correspond to the performance of the Inspire 100 Index.
BIBL invests in some of the most inspiring, biblically aligned large cap ($20B+ market cap) companies in the United States, as measured by the companies’ Inspire Impact Score. The Inspire Impact Score is Inspire’s proprietary methodology of identifying alignment with positive, biblical values across environmental, social and governance categories.
BIBL is market cap weighted and has $61.6 million assets under management (AUM) as of July 16th, 2019.
For more information on the Inspire 100 ETF [NYSE: BIBL], including performance, fact sheets, prospectus and other information, visit www.inspireETF.com.
Inspire’s commitment to supporting biblical values such as pro-life, traditional marriage and ending human trafficking with their investment offerings seems to resonate with investors across the globe.
BIBL has grown rapidly along with Inspire’s other biblically responsible ETFs, helping Inspire gain recognition as the #8 fastest growing registered investment advisor (RIA) firm in the nation in 2018, according to Financial Advisor Magazine’s “Top 50 Fastest Growing RIAs[CW1] ” annual report.
All four of Inspire’s ETFs total over $418.9M AUM as of July 16th, 2019.
For additional information regarding the MSCI ESG ratings, please visit, www.msci.com/esg-ratings.