SAN JOSE, Calif., October 31, 2017 (Newswire.com) — Inspire Investing launches its lowest-cost biblically responsible exchange traded fund (ETF) today — their fourth in just eight months — building on the success of their previous biblical ETFs and continuing their aggressive effort to advance the biblically responsible investing (BRI) movement.
With an expense ratio of just 0.35%, reduced from the total expense of 0.61%1, the Inspire 100 ETF [NYSE: BIBL] is comprised of the 100 most inspiring, biblically aligned large companies in the United States, as calculated by the Inspire Impact Score methodology, which measures a company’s positive impact on the world. The Inspire 100 ETF requires constituents to have a minimum $20B market cap or higher and be domiciled in the United States. It is market cap weighted, rebalanced annually and meets biblically responsible investing standards, helping Christians align their investments with biblical values.
Inspire has made global headlines this year with the popularity of their three other biblically responsible investing funds: Inspire Global Hope ETF (NYSE: BLES), Inspire Small Mid Cap Impact ETF (NYSE: ISMD), and Inspire Corporate Bond Impact ETF (NYSE: IBD). In just eight months, Inspire’s biblical ETFs have gained over $100 million in assets, raising eyebrows among the Wall Street establishment and mainstream media alike.
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. It has also raised the ire of secular left-wing activists, the company says, who cringe at Inspire’s mission to “inspire transformation for God’s glory throughout the world”.
“It is truly a blessing to see the transformation happen as Christian investors shift their money into biblically responsible investments,” comments Robert Netzly, Inspire’s CEO.
Inspire also donates 50% or more of the profits they earn from their management fees2 to Christian ministry each year, enhancing the impact that Christian investors can have by transferring their assets into Inspire’s biblically responsible investing ETFs.
“Thanks to our investors we have given money to build a clean water well in Nepal, send Bibles into North Korea, provide relief for Syrian refugees, help those affected by Hurricane Harvey and share the hope of the gospel with thousands,” says Netzly. “As more Christians join the biblically responsible investing movement, we are excited to see the impact we can all have together for God’s glory throughout the world.”
Inspire Investing is a leading biblically responsible investing firm that specializes in low cost, biblically responsible investing ETFs. They are headquartered in the Silicon Valley, 3,000 miles away from the Wall Street establishment. CEO Robert Netzly writes a popular blog at www.inspireinvesting.com where he unleashes biblical truth on the subjects of investing, business and life.
Inspire ETFs can be purchased directly by opening an account online at www.inspireinvesting.com, or bought using ticker symbols in an existing brokerage account just like a stock, or through a financial adviser. To download fact sheets with performance data, ticker symbols and other information, visit www.inspireinvesting.com or call Inspire at 877-658-9473.
*Disclaimer: Investment advisory services offered through CWM Advisors, LLC dba Inspire, a registered investment adviser.
1The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2018, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement will not exceed 0.35% of the Fund subject to possible recoupment from the Fund. Inspire maximum Portfolio Management Fee: 0.65%. Industry average ETF expense ratio: 0.78%. Source: ETF.com as of 06/23/17.
2Management fees include all fees from ETF advisory, sub-advisory, separately managed account management and all other sources of management fee income.