Bountiful Financial and S&P DJI Unite to Create Faith-Based Investing Benchmarks

Bountiful Financial and S&P Dow Jones Indices Collaborate

In an innovative move, Bountiful Financial has partnered with S&P Dow Jones Indices (S&P DJI) to create tailored investing benchmarks for Christian investors. The newly introduced SP 500 Christian Values Screened Index marks a significant milestone in faith-based investing. This index not only supports financial aspirations but also aligns investment choices with fundamental Christian principles.

Bountiful Financial has established itself as a pioneer in this niche market, focusing on helping investors align their financial decisions with their spiritual values. With the launch of the SP 500 Christian Values Screened Index, the company aims to provide a robust platform that facilitates ethical investment choices for evangelical Christians. David Friedman, the Head of Christian Investment Solutions at Bountiful Financial, expressed the importance of this initiative: "We are proud to empower Christian investors around the world to live with greater integrity by aligning their investments with their values."

The screening process for companies within the index is rigorous, focusing on their involvement in activities that might conflict with Christian values. Industries associated with abortion, stem cell research, adult entertainment, predatory lending, recreational cannabis, gambling, tobacco, and violent video games are excluded from consideration. This strategic exclusion ensures that the investments retained not only meet financial objectives but also adhere to the ethical standards expected by the investors.

Additionally, to maintain consistency with the broader SP 500 framework, sector adjustments will be made after necessary exclusions, minimizing any tracking errors historically associated with such adjustments. "SP Dow Jones Indices is pleased to collaborate with Bountiful Financial to expand our faith-based indices, which are designed for market participants seeking tools to align their religious beliefs with their investing strategies," said Cameron Drinkwater, Chief Product Officer at S&P DJI.

As this initiative progresses, investment products such as exchange-traded funds (ETFs) based on this index are anticipated to launch within the year, buttressed by S&P DJI's innovative index methodologies. However, it's essential to note that S&P DJI does not act as an investment adviser nor does it endorse any financial products derived from the index.

Reid Steadman, CEO of Bountiful Financial, highlighted the collaborative effort behind the index's development, noting, "This Index is the product of a year of thoughtful collaboration with S&P DJI. In a world where values matter more than ever, Christian investors deserve tools that support both their financial and spiritual goals."

As the demand for faith-centric investment strategies continues to rise, Bountiful Financial and S&P DJI are poised to set a precedent, paving the way for investors who prioritize their spiritual beliefs alongside financial success. This collaboration underscores a growing trend in the financial services industry toward investment solutions that resonate with individual values and ethical considerations.

For those interested in exploring faith-based investing further, Bountiful Financial’s commitment to democratizing such options is evident. Their blend of AI technology with institutional governance aims to provide investors with conviction-aligned indices. To learn more about these innovative offerings, potential investors can visit Bountiful Financial's website.