Inspire 100 ETF [NYSE: BIBL] Earns MSCI ESG Fund Quality Score that Ranks in the Top 20% Amongst Peers

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.
Jul 30, 2019
Eric Smyth

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.”

About Inspire 100 ETF (NYSE: BIBL)

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.

Rapid Growth

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.

2The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2021, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement will not exceed 0.61% of the Fund subject to possible recoupment from the Fund. 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. 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.

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There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses. 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 www.inspireinvesting.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA / SIPC. 

Inspire and Foreside Foreside Financial Services LLC are not affiliated. 

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 NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined). 

An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid. 

Investment advisory services offered through CWM Advisors, LLC dba Inspire, a Registered Investment Advisor with the SEC. 

National Admin Office: 650 San Benito St, Ste. 130 Hollister, CA 95023; Phone: (877)658-9473; Email: admin@inspireinvesting.com 

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