Inspire Investing launches two Christian ministry-driven ETFs

By Tali Rackner

Norfolk, Va., March 1 – Inspire Investing launched the Inspire Global Hope Large Cap ETF and Inspire Small/Mid Cap Impact ETF, according to a press release.

The ETFs, which were created to support Christian ministry and invest in companies aligned with biblical values, began trading on the New York Stock Exchange on Tuesday.

The Inspire Global Hope Large Cap ETF is based on the Inspire Global Hope Large Cap Equal Weight index, which follows the stock performance of 400 of the most inspiring large cap companies from around the world.

The Inspire Small/Mid Cap Impact ETF is based on the Inspire Small/Mid Cap Impact Equal Weight index, which tracks the stock performance of 500 of the most inspiring small- and mid-cap companies in the U.S., as determined by the Inspire impact score.

“The funds provide investors the opportunity to create a purposeful impact with the convenience of a low cost, index-based ETF product,” the release said.

“Causes supported by Inspire ETFs include clean water projects, human trafficking relief efforts, bible distribution, and humanitarian relief for refugees in the Syrian crisis.”

Inspire Investing is an investment firm based in San Jose, Calif.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.