Faith Investor Services Unveils New Bond ETF for Catholic Investors
Faith Investor Services Launches a New ETF
In a noteworthy development for faith-based investing, Faith Investor Services, LLC (FIS) proudly announced the introduction of the Arimathea Catholic Core Bond ETF, which aims to provide a solid bond investment option for Catholic investors. This launch is a significant expansion of their existing lineup of faith-based exchange-traded funds (ETFs), now totaling six distinct funds that offer a blend of stock and bond strategies.
The Arimathea Catholic Core Bond ETF, which trades under the ticker symbol SHRD, is now available on NYSE Arca. The name pays homage to the biblical figure Joseph of Arimathea, who is notable for wrapping Jesus' body in a shroud after His crucifixion. The choice of the ticker symbolizes commitment and service, reflecting the core values that underpin the fund.
Expanding Investment Options
With this latest addition, investors aligned with Catholic teachings can diversify their portfolios without compromising their values. Steve Nelson, the Chairman and CEO of FIS, expressed enthusiasm about this new offering: "We strive to ensure that our ETFs and wealth management practices reflect a commitment to faith-based performance. Partnering with respected organizations like Arimathea, Bright Portfolios, and Asterozoa makes us proud and emphasizes our responsibility to deliver impactful investment strategies."
Currently, FIS also manages five other funds listed on NYSE Arca, including the FIS Christian Stock Fund (ticker PRAY) and the FIS Tactical Equity ETF (ticker ACTS), among others. Each fund is designed with the intent of marrying investment growth with spiritual alignment, making them appealing to a demographic that values ethical stewardship in finance.
Commitment to Values
FIS’s foundation is intricately linked to the principles of the Generous Giving™ movement, emphasizing values-aligned investments. Their mission focuses on long-term goals aimed at channeling equity to contribute to church endowment. The growing demand for faith-based investment opportunities further strengthens their resolve to expand offerings in the future.
The Arimathea Catholic Core Bond ETF provides a vital solution for Catholic investors looking to meet fixed-income objectives while ensuring their investments are socially and ethically responsible. Each investment opportunity that FIS provides respects and integrates the teachings of the Catholic faith, allowing clients to invest with a clear conscience.
About Faith Investor Services
Headquartered in Scottsdale, AZ, and with additional offices across various states, including Missouri, Minnesota, South Carolina, and Texas, FIS is dedicated to creating an environment where investors can pursue their financial aspirations in harmony with their Christian beliefs. The firm's ETF family now includes six offerings: SHRD, PRAY, ACTS, BRIF, BRIB, and FTHB.
FIS aims to support investors by providing resources that align with their moral frameworks, ensuring that every capital direction reflects their conscience and faith. Arimathea Investing, the affiliate contributing to the development of the new ETF, provides specialized support for investors, guiding them in aligning their financial decisions with Catholic teachings.
As this ETF and FIS's comprehensive approach gain recognition, they contribute significantly to the growing trend of socially responsible investing, yielding a platform that not only promotes financial growth but also fosters moral stewardship among investors.