Inspire 100 ETF [NYSE: BIBL] Earns MSCI ESG Fund Quality Score That Ranks in the Top 20% Amongst Peers
SAN JOSE, Calif., July 31, 2019 (Newswire.com) - Inspire Investing’s US Large Cap fund, Inspire 100 ETF [NYSE: BIBL], receives a MSCI ESG (Environmental, Social, Governance) Fund Quality Score of 6.3 out of 10, ranking BIBL in the top 20% amongst other funds in its peer group.
We are truly humbled with the MSCI ESG Quality Score received by our large cap fund. Every recognition like this continues to prove that biblically responsible investing is a valid ESG investment approach.
The MSCI ESG Quality Score analyzes thousands of data points across 37 ESG key issues, focusing on the intersection between a company’s core business and the industry issues that can create significant risks and opportunities for the company. The measure assesses funds on a scale from 0 to 10, with 10 reflecting underlying holdings that rank best-in-class globally based on their exposure to—and management of—ESG risks and opportunities, while a score of 0 reflects holdings that generally rank worst in class globally based on their exposure to similar factors. The score focuses on the ESG quality of a fund’s holdings; not the extent to which an asset manager incorporates ESG into its investment process.
Here is what Inspire CEO, Robert Netzly, had to say about BIBL receiving this badge from MSCI, “We are truly humbled with the MSCI ESG Quality Score received by our large cap fund. Every recognition like this continues to prove that biblically responsible investing is a valid ESG investment approach.”
Laura Nishikawa, head of fixed income ESG research at MSCI, says, “The ESG Quality Score establishes a framework for ESG transparency at the fund level. We offer [investors] the tools to report the ESG characteristics of their funds, including the underlying data as well as the quality score. The whole point is transparency.”
About Inspire 100 ETF (NYSE: BIBL)
Inspire 100 ETF is a faith-based ESG (environmental, social and governance) US large cap ETF that seeks to deliver quality performance characteristics while also creating meaningful impact in the lives of people across the globe. This fund seeks to replicate investment results that generally correspond to the performance of the Inspire 100 Index.
BIBL invests in some of the most inspiring, biblically aligned large cap ($20B+ market cap) companies in the United States, as measured by the companies’ Inspire Impact Score. The Inspire Impact Score is Inspire’s proprietary methodology of identifying alignment with positive, biblical values across environmental, social and governance categories.
BIBL is market cap weighted and has $61.6 million assets under management (AUM) as of July 16th, 2019.
For more information on the Inspire 100 ETF [NYSE: BIBL], including performance, fact sheets, prospectus and other information, visit www.inspireETF.com.
Inspire’s commitment to supporting biblical values such as pro-life, traditional marriage and ending human trafficking with their investment offerings seems to resonate with investors across the globe.
BIBL has grown rapidly along with Inspire’s other biblically responsible ETFs, helping Inspire gain recognition as the #8 fastest growing registered investment advisor (RIA) firm in the nation in 2018, according to Financial Advisor Magazine’s “Top 50 Fastest Growing RIAs” annual report.
All four of Inspire’s ETFs total over $418.9M AUM as of July 16th, 2019.
About Inspire Investing
Inspire Investing is a leading biblically responsible investing firm that specializes in index based, biblically responsible ETFs. Inspire ETFs utilize the innovative Inspire Impact Score methodology, which measures a company's positive impact on the world to identify companies that align with the values of faith-based investors.
Inspire also donates 50% or more of their own corporate profits generated from management fees to support impactful ministry projects around the globe. Most recently Inspire adopted a village in the coffee farming mountains of Guatemala and is working to provide a church building, clean water, improved education, a fully functional medical clinic, and child sponsorship to completely transform the lives of the those living in that impoverished village.
Visit www.inspireinvesting.com to learn more about Inspire’s biblically responsible investment products and inspiring impact projects.
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Investment advisory services offered through CWM Advisors, LLC dba Inspire, a Registered Investment Advisor with the SEC.
For additional information regarding the MSCI ESG ratings, please visit, www.msci.com/esg-ratings.
Important Risk Information:1 Inspire, the adviser, provides the index for the Inspire Funds to track. The indexes use software that analyzes publicly available data relating to the primary business activities, products and services, philanthropy, legal activities, policies and practices when assigning Inspire Impact Scores to a company. The securities with the highest Inspire Impact Scores are included in the Indexes and are equally weighted. As the Fund may not fully replicate the Index, it is subject to the risk that investment management strategy may not produce the intended results.
Past performance is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses.
Securities in the Index or in the Fund’s portfolio may underperform in comparison to the general securities markets or other asset classes. The Fund may focus its investments in securities of a particular industry to the extent the Index does. This may cause the Fund’s net asset value to fluctuate more than that of a fund that does not focus in a particular industry. Fluctuations in the value of equity securities held by the Fund will cause the net asset value (“NAV”) of the Fund to fluctuate.
The Fund is not actively managed and the Adviser will not sell shares of an equity security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a rebalancing of the Index as addressed in the Index methodology. Tracking error may occur because of imperfect correlation between the Fund’s holdings of portfolio securities and those in the Index. The Fund’s use of a representative sampling approach, if used, could result in its holding a smaller number of securities than are in the Index. To the extent the assets in the Fund are smaller, these risks will be greater.
Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, call 877.658.9473, or visit http://www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Inspire and Northern Lights Distributors, LLC are not affiliated. 3555-NLD-7/29/2019
Source: Inspire Investing