This seems like a great step forward for Christian investors. It will make faith-based investing easier and more accessible to the individual investor. These ETFs follow specific investment recommendations of different denominations, and they seek to track the benchmarks set by the denominational funds.
I plan to look into these securities. I would be happy to put my investments that I’ve earmarked to track the S&P 500 into these funds. But first I want to check out the expenses and the performance of the funds. And I want to see how the benchmark tracks with the S&P. I wonder if it’ll be more expensive due to lower assets and more volatile because there will be only 90 stocks in the fund..
We’ll see. I’ve asked the managers to let me know when they start trading. I’ll probably write something on it for CT.
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