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Religious ETFs Are About To Hit The Bond Market

FYI: Inspire, the Hollister, California-based firm with two ETFs that target companies with so-called biblical values, plans to launch the first religiously focused fixed-income fund within the next few weeks.

The Inspire Corporate Bond Impact ETF will be based on the Inspire Corporate Bond Impact Index, which has roughly 250 investment-grade, intermediate-term bonds issued by companies with market capitalizations of more than $5 billion. The index has returned nearly 5 percent over the past year, according to a fact sheet Inspire prepared on the gauge.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-05-23/religious-etfs-expand-to-bonds-as-values-investing-catches-on
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