A faith-based ESG asset manager's team is celebrating a big milestone: five years in the ETF business.
| Robert John Netzly|
February 27 was the five-year anniversary of the launch of the Inspire Global Hope ETF
(BLES, with more than $143 million in AUM as of yesterday) and the Inspire Small/Mid Cap Impact ETF
(ISMD, with more than $118 million in AUM), the first two ETFs offered by Inspire Investing
. The firm (based near Boise in Meridian, Idaho) now offers eight ETFs in total and, according to its form ADV filed earlier this month, has $1.985 billion in AUM, including $1.133 billion in its ETFs.
Inspire specializes in combining biblically responsible and ESG investing, and the team uses their Inspire Impact Score
to ID companies making a positive impact while fitting with Inspire's religious values. According to Robert Netzly
, CEO of Inspire, the firm is the largest biblically responsible ETF shop.
"Five years ago, there simply were no biblically responsible ETFs, and so we created BLES and ISMD out of sheer necessity," Nezly states. "Thankfully, Christian investors have many more options to invest according to their convictions, and we are proud to be leading the charge in that effort and celebrate with full hearts the anniversary of the ETFs that started it all."
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