ETF provider launches faith-based responsible bond ETF

American ETF provider Inspire Investing will start trading the Inspire Corporate Bond Impact ETF on the New York Stock Exchange as from 11 July 2017.

The ETF is designed as “the first faith-based fixed income ETF ever created”, the firm said.

The ETF, also termed as a “biblically responsible alternative”, tracks the performance of the Inspire Corporate Bond Impact Equal Weight Index comprised of 250 investment grade bonds issued by large cap blue chip companies in the US, aligned with biblical values and making a positive impact on the world according to the provider’s methodology.

Part of the fees are reversed to support Christian ministry projects such as clean water wells, refugee relief efforts and Bible distribution.

“There is extremely robust demand from investors and advisors who want to invest in what they believe in,” said Robert Netzly, president and CEO of Inspire Investing.

“Following Inspire’s two highly successful fund launches earlier this year, our new fund IBD fills an important fixed income portion of portfolio options. Before today, there has never been a faith-based ETF in the bond sector, and we’re excited to have developed this choice for investors, advisors, institutions and other faith-based investors,” he added.

Inspire Investing runs two other ETFs since last 28 February: Inspire Global Hope Large Cap ETF and Inspire Small/Mid Cap Impact ETF.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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