BOISE,
Idaho, April 16, 2024 /PRNewswire/ -- Inspire
Investing, the leading provider of biblically responsible,
faith-based ETFs, reported expense ratio reductions on five of its
exchange traded funds. These reductions range from 2.2% to 10.6%
for an overall average decrease of 6.5%. This reduction in fees is
due primarily to growth of these funds that cover a broad range of
investment solutions, from global and U.S. equity to fixed income
and tactical strategies.
Lower expense ratios allow for greater investor return potential
as the total annual operating cost of the fund shrinks in relation
to asset growth. The firm's lineup of ETFs grew by 29.4% in new
assets during 2023.
"As God continues to bless the growth of our funds, we are
thrilled to be able to pass on the savings to our shareholders,"
says Robert Netzly, CEO of Inspire.
"For investors who want to steward their money well, these ETFs
provide a low cost, biblically responsible option."
|
Fund Name
|
Ticker
|
Previous Operating
Expense Ratio (Gross)
|
New Operating Expense
Ratio (Gross)
|
Expense Reduction
(%)
|
|
Inspire Global Hope
ETF
|
BLES
|
0.61 %
|
0.56 %
|
8.2 %
|
|
Inspire Corporate Bond
ETF
|
IBD
|
0.45 %
|
0.44 %
|
2.2 %
|
|
Inspire Tactical
Balanced ETF
|
RISN
|
0.81 %
|
0.79 %
|
2.5 %
|
|
Inspire International
ETF
|
WWJD
|
0.80 %
|
0.73 %
|
8.8 %
|
|
Inspire Fidelis Multi
Factor ETF
|
FDLS
|
0.85 %
|
0.76 %
|
10.6 %
|
About Inspire Investing
Inspire Investing is the world's largest provider of faith-based
ETFs and creator of the globally recognized Inspire Impact Score™,
which investors worldwide use to measure the alignment of their
investments according to Biblically Responsible Investing (BRI)
principles.
Inspire has gained recognition by FA Magazine seven times since
2017, making the Top 50 Fastest Growing Firms list three times in a
row. Inspire was recognized in The Financial Times' "Americas'
Fastest Growing Companies" three of the last four years and 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. Most recently, Inspire completed a 3-year village
transformation project in the coffee farming mountains of
Guatemala. Thanks to investors,
advisors, and institutions using Inspire products, the village has
a church building, a clean water well, improved education
facilities, and a fully functional medical clinic. To learn more
about the Give50 program, please visit
www.inspireinvesting.com/give50.
Visit www.inspireetf.com to learn more about Inspire's
faith-based ETFs.
Investment advisory services offered through Inspire Investing,
LLC, a Registered Investment Advisor with the SEC.
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 or summary 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.
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SOURCE Inspire Investing