Inspire Investing, a leading biblically responsible ESG (environmental, social, governance) investing firm, celebrated the 5-year anniversary of their two-founding exchange-traded funds (ETFs) on Sunday, February 27, 2022; the Inspire Global Hope ETF and the Inspire Small/Mid Cap Impact ETF.
“Five years ago, there simply were no biblically responsible ETFs, and so we created BLES and ISMD out of sheer necessity,” says Robert Netzly, CEO of Inspire Investing. “However, I do not think any of us considered that these would start us down the path that would lead to us becoming the largest provider of biblically responsible ETFs as we are today. Thankfully, Christian investors have many more options to invest according to their convictions, and we are proud to be leading the charge in that effort and celebrate with full hearts the anniversary of the ETFs that started it all.”
About The Inspire Global Hope ETF
The Inspire Global Hope ETF is a biblically responsible ESG ETF that invests on a global scale, searching out inspiring, biblically aligned large companies ($13B+ market cap) from both the U.S. and around the world, using the innovative Inspire Impact Score methodology to identify companies that are making a positive impact on the world and avoiding those acting at crosscurrents to biblical values.
BLES is equally weighted, rebalanced quarterly, and targets a geographic composition of 50% United States, 40% developed international, and 10% emerging markets. The ETF seeks to deliver quality performance characteristics and to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Global Hope Index.
Since its inception on February 27, 2017, BLES delivered annualized returns of 10.97% on the NAV (net asset value) and 10.87% on the market price (as of 2/27/2022). The one-year return for BLES was 23.42% on the NAV, with a market price return of 24.42% as of the end of the previous quarter (12/31/2021). BLES trades on the New York Stock Exchange and has total net assets of $140M as of February 28th, 2022.
Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month-end, please visit www.inspireetf.com. Total annual operating expenses is 0.61% for BLES. The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund so that the total annual fund operating expenses will not exceed 0.52% of average daily net assets until at least March 31, 2022.
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About the Inspire Small/Mid Cap Impact ETF
The Inspire Small/Mid Cap Impact ETF is a biblically responsible ESG ETF that invests in inspiring, biblically aligned small-cap and mid-cap companies ($850M – $12.99B market cap) in the U.S., as determined by the Inspire Impact Score methodology.
ISMD is equally weighted, rebalanced quarterly, and targets a composition of 50% small-cap and 50% mid-cap companies covering a diverse array of sectors in the United States. The ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Impact Index.
Since its inception on February 27, 2017, ISMD delivered annualized returns of 9.32% on the NAV (net asset value) 9.31% on the market price (as of 2/27/2022). The one-year return for ISMD was 28.39% on the NAV and 29.40% on the market price return, as of the end of the previous quarter (12/31/2021). ISMD trades on the New York Stock Exchange and has total net assets of $110M as of February 28th, 2022.
Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month-end, please visit www.inspireetf.com. Total annual operating expenses is 0.60% for ISMD. The Fund’s adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least March 31, 2022, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement will not exceed 0.60% of the Fund subject to possible recoupment from the Fund.
Source: Inspire Investing