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Home›Financial Advisor›Inspire ETFs announces expense ratio cuts for 7 funds

Inspire ETFs announces expense ratio cuts for 7 funds

By Todd McArthur
May 2, 2022
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Inspire Investing has announced fee reductions on seven of its biblically responsible, faith-based ESG ETFs

Boise, Idaho, May 2, 2022 /PRNewswire/ — Inspire Investing, the world’s largest provider of biblically responsible ESG ETFs, has announced fee reductions on seven of its eight exchange-traded funds. This reduction in fees is primarily due to the rapid growth Inspire has achieved and covers a wide range of investment solutions, from global and US equities to fixed income, momentum and tactical strategies.

The change allows for greater return potential for investors, as the fund’s total annual operating cost declines relative to asset growth and represents $568,000 net savings for investors.1 The company’s current range of eight ETFs has been added $397 million new assets in 2021.

“God has greatly blessed our work, and as our assets under management have grown over the years, we have passed those savings on to our ETF shareholders,” said Robert Netzly, CEO of Inspire. “These fee reductions are great news for our investors, as they make our already competitively priced offerings even more attractive to institutions and individuals around the world looking to invest in a biblically responsible way.”

The Inspire ETF fee reductions are detailed in the table below.

Fund name

Teleprinter

Previous operation
Expense ratio

New operation
Expense ratio

Net expenditure
% Reduction

Report

Raw

Report

Raw

Inspire Global Hope ESG ETF

BLES

0.52%

0.61%*

0.49%


6%

Large Inspire Faithward Cap
Momentum ESG ETFs

FEBRUARY

0.85%


0.80%

1.09%**

6%

Inspire Faithward Mid Cap
Momentum ESG ETFs

GLRY

0.85%


0.80%

1.02%**

6%

Inspire Corporate Bond ESG ETF

IBD

0.49%


0.44%


ten%

Inspire Small/Mid Cap ESG ETF

ISMD

0.60%

0.60%*

0.48%


20%

Inspire Tactical Balanced ESG ETF

NSR

0.82%


0.71%


13%

Inspire International ESG ETF

WWJD

0.80%

0.94%*

0.69%


14%

‍About Inspire Invest
Inspire is a leading provider of biblically responsible, faith-based ESG2 investment management on $1.98 billion of assets under management (as of 03/31/2022) 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 the principles of biblically investing responsible (BIS).

Inspire ranked #3 in FA Magazine’s “Top 50 Fastest Growing RIA Companies” two years in a row (2020 and 2021 report) and was recognized in the Financial Times “Americas’ Fastest Growing Companies (2021 and 2022 report). Inspire also donates 50% or more of its net profits to support impactful ministry projects around the world through its Give50 program. To learn more, visit https://www.inspireinvesting.com/give50.

1 Estimated savings for identified funds are the difference between past and current expense ratios multiplied by average assets under management (AUM). The calculation of the average AUM is based on the average of the fund’s total assets at the end of the month over the 12 months ending on 31/03/2022.

2 ESG stands for environment, social and governance. Environmental criteria take into account a company’s performance as a steward of nature. The social criteria look at how it manages relationships with employees, suppliers, customers and the communities where it operates. Governance deals with the direction of a company, executive compensation, audits, internal controls and shareholder rights.

Each Fund invests its assets in companies whose Inspire Impact Score® is equal to or greater than zero. Due to its strategy, the Fund’s exclusion of the securities of certain issuers for non-financial reasons may lead the Fund to forgo certain market opportunities offered to funds that do not use these criteria. The value of investments in large companies may not increase as much as small companies, or large companies may be unable to respond quickly to competitive challenges, such as changes in technology and consumer tastes. The sub-advisor’s judgments about the potential growth, value or appreciation of an investment may prove to be incorrect or not have the intended results, which could have a negative impact on the performance of the Fund and cause an underperformance. -performance relative to other funds with similar investment objectives. or relative to its benchmark, or fail to achieve its investment objective. Fluctuations in the value of equity securities held by the Fund will cause the net asset value (“NAV”) of the Fund and the price of its shares (“Shares”) to fluctuate.

There can be no assurance that the Funds will achieve their objective, generate positive returns or avoid losses. Before investing, consider the funds’ investment objectives, risks, charges and expenses. For a prospectus containing this and other information, go to www.inspireetf.com. Read it carefully. Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA.

Inspire and Foreside Financial Services LLC are not affiliated. Investment advisory services offered by Inspire Investing, LLC, an SEC-registered investment adviser.

SOURCE Inspires investment

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