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April 16, 2024
Molly Blakeman

Inspire Investing Announces Lower Expense Ratios on Faith-Based ETFs

Inspire Investing, the leading provider of biblically responsible, faith-based ETFs, reported expense ratio reductions on five of its exchange traded funds.

Boise, ID, April 16, 2024 – Inspire Investing, the leading provider of biblically responsible, faith-based ETFs, reported expense ratio reductions on five of its exchange traded funds. These reductions range from 2.2% to 10.5% for an overall average decrease of 6.4%. This reduction in fees is due primarily to growth of these funds that cover a broad range of investment solutions, from global and U.S. equity to fixed income and tactical strategies.

Lower expense ratios allow for greater investor return potential as the total annual operating cost of the fund shrinks in relation to asset growth. The firm's lineup of ETFs grew by 29.4% in new assets during 2023.

"As God continues to bless the growth of our funds, we are thrilled to be able to pass on the savings to our shareholders," says Robert Netzly, CEO of Inspire. "For investors who want to steward their money well, these ETFs provide a low cost, biblically responsible option."

Fund Name Ticker Previous Operating Expense Ratio (Gross) New Operating Expense Ratio (Gross) Expense Reduction (%)
Inspire Global Hope ETF BLES 0.61% 0.56% 8.1%
Inspire Corporate Bond ETF IBD 0.45% 0.44% 2.2%
Inspire Tactical Balanced ETF RISN 0.81% 0.79% 2.5%
Inspire International ETF WWJD 0.80% 0.73% 8.7%
Inspire Fidelis Multi Factor ETF FDLS 0.85% 0.76% 10.5%

About Inspire Investing

Inspire Investing is the world’s largest provider of faith-based ETFs with over $1.4B in faith-based ETF assets under management (AUM) and over $2.6B in total AUM. As creator of the globally recognized Inspire Impact ScoreTM, Inspire enables investors to measure the alignment of their investments according to Biblically Responsible Investing (BRI) principles.

Inspire has gained recognition by FA Magazine seven times since 2017, making the Top 50 Fastest Growing Firms list three times in a row. Inspire was recognized in The Financial Times “Americas’ Fastest Growing Companies” 2021 and 2022 report, as well as the Inc. 5000 list of fastest-growing private companies in America four years running.

Inspire also donates 50% or more of its net corporate profits to support impactful ministry projects around the globe through its Give50 Program. Most recently, Inspire completed a 3-year village transformation project in the coffee farming mountains of Guatemala. Thanks to investors, advisors, and institutions using Inspire products, the village has a church building, a clean water well, improved education facilities, and a fully functional medical clinic. To learn more about the Give50 program, please visit www.inspireinvesting.com/give50.

Visit www.inspireetf.com to learn more about Inspire’s faith-based ETFs.

Media contact:
Molly Blakeman
(208) 994-0495
molly.blakeman@inspireinvesting.com

Investment advisory services offered through Inspire Investing, LLC, a Registered Investment Advisor with the SEC.

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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 or summary 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.

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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Note: Giving can and does change to meet changing ministry needs. Total lifetime giving $243,372 as of 12/31/23.

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