May 2, 2022
Daniel Mastrolonardo

Inspire ETFs Reports Expense Ratio Reductions for 7 Funds

Inspire Investing has announced fee reductions on seven of its biblically responsible, faith-based ESG ETFs

Inspire Investing, the world's largest provider of biblically responsible ESG ETFs, reported fee reductions on seven of its eight exchange traded funds. This reduction in fees is due mostly to the rapid growth that Inspire has achieved and covers a broad range of investment solutions, from global and U.S. equity to fixed income, momentum, and tactical strategies.  

The change allows for greater investor return potential as the total annual operating cost of the fund shrinks in relation to asset growth and represents $568K in net savings for investors.1 The firm’s current lineup of eight ETFs added $397 million in new assets during 2021.  

“God has greatly blessed our work, and as our assets under management have grown over the years, we have passed on those savings to the shareholders of our ETFs,” said Robert Netzly, CEO of Inspire. “These fee reductions are great news for our investors, as they make our already competitively priced offerings even more attractive to institutions and individuals around the globe seeking to invest in a biblically responsible manner.”  

Inspire ETF fee reductions are detailed in the table below.

*The Fund’s adviser had contractually agreed to reduce fees and/or absorb expenses until at least March 31, 2022 so that the funds expense ratio did not exceed the indicated amount. **The Fund’s adviser had contractually agreed to reduce fees and/or absorb expenses until at least March 31, 2023.

About Inspire Investing
Inspire is a leading provider of biblically responsible, faith-based ESG2 investments managing over $1.98 billion in assets under management (as of 3/31/2022), and creator of the globally recognized Inspire Impact Score™ which is used by investors around the world to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles.

Inspire ranked #3 in the “Top 50 fastest growing RIA firms” by FA Magazine two years in a row (2020 & 2021 report) and was recognized in The Financial Times “Americas’ Fastest Growing Companies” (2021 & 2022 report). Inspire also donates 50% or more of its net corporate profits to support impactful ministry projects around the globe through its Give50 Program. To learn more, visit https://www.inspireinvesting.com/give50.  

Media contact:
Daniel Mastrolonardo
(208) 994-0495
daniel.mastrolonardo@inspireinvesting.com

***

1 Estimated savings for the identified funds is the difference between prior and current expense ratios multiplied by the average assets under management (AUM). Average AUM calculation is based on the average of the month-end total fund assets over the 12 months ending 3/31/2022.

2 ESG stands for environmental, social and governance. Environmental criteria considers how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.

Each Fund invests its assets in companies with Inspire Impact Score® of zero and higher. As a result of its strategy, the Fund's exclusion of securities of certain issuers for non-financial reasons may cause the Fund to forgo some market opportunities available to funds that do not use these criteria. The value of investments in larger companies may not rise as much as smaller companies, or larger companies may be unable to respond quickly to competitive challenges, such as changes in technology and consumer tastes. The Sub-Adviser's judgments about the growth, value, or potential appreciation of an investment may prove to be incorrect or fail to have the intended results, which could adversely impact the Fund's performance and cause it to underperform relative to other funds with similar investment goals or relative to its benchmark, or not to achieve its investment goal. Fluctuations in the value of equity securities held by the Fund will cause the net asset value (“NAV”) of the Fund and the price of its shares (“Shares”) to fluctuate

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, visit www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA.  

Inspire and Foreside Financial Services LLC are not affiliated. Investment advisory services offered through Inspire Investing, LLC, a Registered Investment Advisor with the SEC.

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.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA. 

Inspire and 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 upon the official closing price on the listing exchange (NYSE ARCA) 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.

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 Inspire Investing, LLC, a Registered Investment Advisor with the SEC. 

National Admin Office: 3597 E Monarch Sky Ln, Suite 330 Meridian, ID 83646; Phone: (877)658-9473; Email: admin@inspireinvesting.com 

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