Alternative Investments/ESG: Timothy Plan Launches Two ETFs For Biblical Investing

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The ETFs focus on dividend return and general market exposure respectively.

Faith-based investment company Timothy Plans announced Thursday the launch of two new ETFs, namely, the Timothy Plan High Dividend Stock ETF (TPHE) and the Timothy Plan US Large/Mid Cap Core Enhanced ETF (TPLE). In line with the principles of Biblically Responsible Investing (BRI), these ETFs would not invest in companies involved with alcohol, tobacco, gambling, or gambling equipment, or abortion, pornography, anti-family entertainment, or non-biblical lifestyles. (ETF Trends)

According to the New York Times, which quoted Jackie VanderBrug, head of sustainable and impact investing in the chief investment office at Bank of America, the pandemic, and the social unrest that began with George Floyd’s killing had prompted more people to look to their faith and to invest in a way that expressed their values.

Timothy Plan High Dividend Stock ETF (TPHE)

This smart-beta ETF seeks growth and income while providing a cushion against market drawdowns. It tracks the Victory US Large High Dividend Long/Cash Volatility Weighted BRI Index, which has a higher weighting for securities with low volatility, and a lower weighting for those with high volatility.

The top 100 dividend-yielding stocks are run through a BRI filter to exclude inappropriate securities.

The ETF handles volatility during rapid drawdowns by switching exposure to stocks or cash and cash equivalents. Once the market stabilizes, the ETF reallocates back to equities.

The ETF has an expense ratio of 0.52%.

Timothy Plan US Large/Mid Cap Core Enhanced ETF (TPLE)

This smart-beta ETF seeks broad market exposure while managing the risks from market declines.

It tracks the Victory US Large/Mid Cap Long/Cash Volatility Weighted BRI Index. The index has a higher weighting for securities with low volatility, and a lower weighting for those with high volatility.

The ETF selects the largest 500 companies by market cap which have reported positive earnings in the four latest quarters and then screens for volatility and BRI.

The ETF handles volatility during rapid drawdowns by switching exposure to stocks or cash and cash equivalents. Once the market stabilizes, the ETF reallocates back to equities.

The ETF has an expense ratio of 0.52%.

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

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