The Inspire Fidelis Multi-Factor ETF (NYSE:
FDLS) celebrated one year of trading on Wednesday, August 23rd, 2023.
BOISE, Idaho , Sept. 7,
2023 /PRNewswire/ -- Inspire Investing, a leading
biblically responsible investing firm, celebrated one year of
trading for the Inspire Fidelis Multi-Factor ETF, trading under the
ticker FDLS. In its first year, FDLS has posted double-digit
returns and garnered $61 million in
assets under management (AUM).
Since the fund's inception on August 23,
2022, through August 23, 2023,
FDLS has delivered annualized returns of 10.69% on market price and
10.70% on the NAV. The complete standardized returns table
comparing multiple time-frames since inception is below for the
one-year anniversary and the most recent quarter-end.
Here is what Inspire CEO Robert
Netzly, had to say about the milestone, "We are very pleased
with the growth and performance of FDLS during its first year. FDLS
is a great option for investors and advisors looking to incorporate
factor investing into their biblically aligned portfolios."
PERFORMANCE AS of
most recent quarter end (6/30/23)
|
(Returns greater
than 1 year are
annualized. Data from
inspireetf.com.)
|
1 YEAR
ANNIVERSARY (8/23/22 - 8/23/23)
|
3M
|
6 M
|
YTD
|
SINCE INCEPTION
(8/23/22-6/30/23)
|
Inspire Fidelis Multi
Factor ETF –
NAV1
|
10.70 %
|
8.42 %
|
11.94 %
|
11.94 %
|
9.70 %
|
Inspire Fidelis Multi
Factor ETF –
Market Price2
|
10.69 %
|
8.54 %
|
11.42 %
|
11.42 %
|
9.81 %
|
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 the most recent standardized performance go to
https://www.inspireetf.com/fdls. For most recent month end
performance call (877)658-9473.
1Inspire Funds are bought and sold at
market price (not NAV) and are not individually redeemed from the
fund. Brokerage commissions will reduce
returns.
2Market Price returns are based upon the official
closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for
most Inspire Funds, and do not represent the returns you would
receive if you traded shares at other times.
About FDLS
With an expense ratio of 0.85%, FDLS is a
faith-based ETF comprised of 100 high-quality, biblically aligned
companies (market caps greater than $250
million) seeking growth and momentum purchased at a
reasonable price. The fund's factor-based scoring methodology ranks
companies based on 16 criteria for Quality (including biblical
values, profitability, financial health, and growth), 7 criteria
for Momentum (including relative price strength and EPS revisions),
and 8 criteria for Value (including price-to-value ratios,
dividends, and volatility).
Like all Inspire ETFs, FDLS utilizes the Inspire Impact Score
methodology to seek out some of the most inspiring, biblically
aligned companies in the world, applying a faith-based perspective
in seeking out businesses that are a blessing to their customers,
communities, workforce, and the world.
FDLS seeks to replicate investment results that generally
correspond, before fees and expenses, to the performance of the
Fidelis Multi-Cap Multi-Factor Index. For more information on the
Inspire Fidelis Multi-Factor ETF, visit
https://www.inspireetf.com/fdls.
About Inspire Investing
Inspire is a leading
provider of biblically responsible investments managing over
$2.3 billion in assets under
management (as of 8/23/2023), and creator of the globally
recognized Inspire Impact Score™, which is
used by investors around the world to measure the biblical
alignment of their investments according to Biblically Responsible
Investing (BRI) principles.
Inspire ranked in the "Top 50 fastest growing RIA firms" by FA
Magazine three times and was recognized in The Financial Times
"Americas' Fastest Growing Companies" 2021 and 2022 report, as well
as the Inc. 5000 list of fastest-growing private companies in
America four years running. Inspire also donates 50% or more of its
net corporate profits to support impactful ministry projects around
the globe through its Give50 Program. To learn more, visit
www.inspireinvesting.com.
Important Risk Information:
There is no guarantee
that the Funds will achieve their objective, generate positive
returns, or avoid losses. Before investing, consider the funds'
investment objectives, risks, charges and expenses. To obtain a
prospectus which contains this and other information, visit
www.inspireetf.com. Read it
carefully.
The Inspire ETFs are distributed by Foreside Financial Services
LLC., Member FINRA. Inspire and Foreside Financial Services LLC are
not affiliated. Investment advisory services offered through
Inspire Investing, LLC, a Registered Investment Advisor with the
SEC.
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.
The Fund invests its assets in securities with an Inspire Impact
Score® of zero or higher which are screened for security's
alignment with biblical values and the positive impact the issuing
company has on its customers, communities, workforce and the world.
As a result of its strategy, the Fund's exclusion of securities of
certain issuers for nonfinancial reasons may cause the Fund to
forgo some market opportunities available to funds that do not use
these criteria. The value of investments in larger companies may
not rise as much as smaller companies, or larger companies may be
unable to respond quickly to competitive challenges, such as
changes in technology and consumer tastes.
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SOURCE Inspire Investing