PRAY Profile
The FIS Biblically Responsible Risk Managed ETF is designed to align investment strategies with biblical principles while targeting equity securities from both domestic and international markets. The funds primary objective is to achieve returns that exceed the performance of the MSCI World Index, which serves as its benchmark. By investing in common stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), the fund aims to provide diversified exposure across global markets while adhering to its ethical guidelines.
In its investment approach, the fund focuses on securities that comply with biblically responsible investment criteria. This involves selecting equities from companies that meet specific moral and ethical standards based on biblical teachings. The fund ensures that at least 80% of its net assets plus any borrowings used for investment purposes are invested in securities that align with these principles. This approach reflects a commitment to ethical investing while seeking competitive returns.
The fund employs a risk-managed strategy to navigate market fluctuations and achieve its performance objectives. By integrating risk management techniques, the fund aims to mitigate potential downsides while capitalizing on opportunities for growth. This involves not only selecting investments that adhere to biblical values but also employing strategies to manage volatility and preserve capital over the long term.
The FIS Biblically Responsible Risk Managed ETF is structured to provide investors with the opportunity to pursue financial growth in line with their personal values and beliefs. Through its focus on biblically responsible investing and active management, the fund seeks to offer a balanced approach to investing that honors ethical considerations while striving for favorable financial outcomes.
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