San Jose, Calif., May 15, 2019 — Inspire Investing’s biblical bond ETF, Inspire Corporate Bond Impact ETF [NYSE: IBD], recently surpassed the $100 million assets under management (AUM) mark in under 2 years of trading. IBD is the first ESG (Environment, Social, Governance) fixed income ETF to break the $100 million AUM mark, beating out such industry giants as iShares, Nuveen, and VanEck. IBD currently has assets of $105M.
This comes just two short months after Inspire’s Global Hope ETF [NYSE: BLES] broke $100 million AUM. BLES has continued its rapid growth and currently holds $145.8 million AUM, as of May 10th.
Here is what Inspire CEO, Robert Netzly, had to say about the fund’s asset growth:
“We are incredibly humbled to be the first ESG fixed income ETF ever to break $100 million in AUM. Being a biblically responsible fund, this milestone brings even more credibility to the biblically responsible investing movement. Wall Street is starting to notice that there are millions of Christian investors who want to glorify God with their finances, and it is inspiring transformation!”
The Inspire Corporate Bond ETF was also named as a finalist in the “Thematic ETF of the Year – 2018” category for the 2018 ETF.com Awards earlier this year.
Inspire Corporate Bond Impact ETF is a faith-based ESG (environmental, social and governance) bond 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 Corporate Bond Impact Index.
IBD invests in higher credit quality, investment grade fixed income securities of some of the most inspiring, biblically aligned large 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.
For more information on the Inspire Corporate Bond Impact ETF [NYSE: IBD], including performance, fact sheets, prospectus and other information, visit http://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.
IBD has grown rapidly along with Inspire’s other biblically responsible ETFs, helping Inspire gain recognition as the #5 fastest growing registered investment advisor (RIA) firm in the nation in 2017, according to Financial Advisor Magazine’s “Top 50 Fastest Growing RIAs” annual report.
All four of Inspire’s ETFs total over $392.9M AUM as of May 10th, 2019.