Alternative Investments/ESG: Faith Brings “Christian Values” To Stock Picking With New ETF

https://dailyalts.com/wp-content/uploads/2021/11/cross-g4154326e7_640.jpg

This is the second biblically oriented ETF from Faith, after its FIS Knights of Columbus Global Belief ETF (KOCG), which launched in July this year.

Faith Investor Services has filed for the launch of the FIS Biblically Responsible Risk Managed ETF which brings “Christian values” to stock investing. The ETF will trade on the NYSEARCA exchange and will invest in equities both at home and internationally. (Seeking Alpha)

FIS Biblically Responsible Risk Managed ETF

The actively managed fund will use a quantitative screen on the investable global universe looking for companies characterized as growth at a reasonable price (GARP).

The Faith fund then applies a Christian values overlay to define the opportunity set, and thereafter, fundamental research and qualitative analysis, along with top-down macroeconomic views are used to identify companies that have above-average investment potential.

The Fund makes investment decisions in accordance with Christian values and therefore, the Fund is designed to avoid investments in companies that are believed to be involved with abortion, contraception, embryonic stem cell research/human cloning, human rights violations, or who produce pornography, alcohol, tobacco, armaments that are unguided or indiscriminate, gambling equipment or software, betting establishments, or other enterprises that conflict with Christian values.

It will generally invest in companies whose market capitalization is greater than $1 billion. The Faith fund typically will invest in 60 to 80 portfolio companies.

Steven T. Nelson, CFA, Craig J. McCrory, CFA, Troy Dayton, CFA and Sara A. LaClair are the primary persons responsible for the day-to-day management of the Fund and have served as the portfolio managers for the fund since its inception.

Related Story: Faith+Knights Of Columbus Launch ETF Designed For Catholic Investors

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/06/justice-gba45571bc_640.jpg
Digital Assets: Grayscale Protests SEC Rejection Of Spot Bitcoin ETF, Files Suit Against Regulator
June 30, 2022     Digital Assets, Latest News, News, Regulations

Grayscale Investments, the largest digital asset manager globally, has filed a suit against the SEC for rejecting its application to convert the Grayscale Bitcoin Trust into a spot bitcoin ETF….

https://dailyalts.com/wp-content/uploads/2022/06/Twelve-sunglasses.png
Venture Capital/ESG: Twelve Raises $130M For World’s First Carbon Transformation Platform

Twelve has raised a $130 million Series B round to scale up its carbon transformation technology that converts captured CO2 into products traditionally made from fossil fuels. The firm’s technology…

https://dailyalts.com/wp-content/uploads/2022/06/amc-g39f4f8446_640-overlay.png
FinTech: Sam Bankman-Fried Of FTX Rejects Rumors He Is Acquiring Robinhood
June 30, 2022     Digital Assets, FinTech, News

FTX, the crypto platform owned by billionaire Sam Bankman-Fried, has scotched media reports that it was pursuing a deal to acquire commission-free trading app Robinhood (NASDAQ: HOOD). Bloomberg said Monday…

https://dailyalts.com/wp-content/uploads/2022/06/bitcoin-g9a41d1d1c_640-overlay.png
Alternative Investments/Digital: Amidst A Crypto Winter, 21Shares Launches The World’s Cheapest Physically Backed Bitcoin ETP

21Shares AG has launched a bitcoin ETP tailor-made for today’s crypto market, one that has been mauled by rampaging bears and gripped by a “crypto winter.” The 21Shares Bitcoin Core…