Eventide Asset Management Introduces Its First International ETF for Investors

Eventide Ventures Beyond Domestic Markets

Eventide Asset Management has once again made headlines with the recent announcement of its first international exchange-traded fund (ETF), the Eventide International ETF (traded under NYSE Arca: ESIM). Officially approved for filing, this latest addition to Eventide's portfolio marks a significant step for the firm, which has primarily focused on the U.S. investment landscape.

The Eventide International ETF is set to hit the market in December 2025, offering investors a unique opportunity to delve into a diversified array of international markets. This move is particularly noteworthy, as only a limited number of faith-based investment options exist in the international equity fund space, with just 22 such funds reported as of late 2024.

Chris Grogan, CFA and Portfolio Manager for ESIM, expressed the firm’s commitment to uncovering value-creating opportunities across global markets. He stated, "We believe that value-creating opportunities, uncovered through our Business 360® process, are applicable across all markets and asset classes." This philosophy will guide the ETF's investment strategy, aimed at benefiting stakeholders while promoting human flourishing.

A Unique Approach to Investments

Eventide’s Systematic ETFs, including ESIM, operate under a stringent investment methodology, ensuring adherence to faith-based values while embracing a passive investment approach. The Business 360® methodology plays a crucial role in curating a list of potential investments, focusing on companies that exhibit strong products, practices, and positive impacts on their stakeholders.

To further refine its investment strategy, Eventide employs quantitative risk modeling and rigorous testing. This analysis optimizes ESIM and its related systematic ETFs, aligning them with established benchmark factors such as beta (market sensitivity), investment style, and sector preferences. Importantly, it should be noted that ESIM does not function as a traditional index fund; rather, it is a distinct entity not bound by specific security purchases dictated by its benchmark.

Both Chris Grogan and Tyler Frugia, who co-manage ESIM, emphasize the importance of their role in guiding the fund's evolution, as they harness their wealth of experience in asset allocation and analytics.

A New Horizon for Faith-Based Investing

Eventide’s commitment to faith-based investment is apparent in their mission to create solutions that align with a higher purpose and mutual benefit to all. This approach positions them well in the crowded investment marketplace, providing a unique avenue for those looking to invest with intention and purpose.

In conclusion, the launch of the Eventide International ETF represents not only a fresh beginning for Eventide but also a meaningful opportunity for investors seeking to embrace values-driven investment in a more global context.

As December approaches, investors will be keenly awaiting the commencement of trading for ESIM, hoping it fulfills its promise of being a beacon for value-driven investment across borders, all while promoting the vision of "investing that makes the world rejoice®!" Investors should be mindful of the associated risks, charges, and the need for thorough evaluation before committing to any investment strategies.