Inspire Corporate Bond Impact ETF (IBD) ETF
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Inspire Corporate Bond Impact ETF (IBD) ETF Bio
The investment objective of the Inspire Corporate Bond Impact ETF seeks to provides a low cost, convenient, index-based way for investors to create a purposeful impact by supporting causes such as clean water projects, Bible distribution, efforts to stop human trafficking, and humanitarian relief for refugees. The funds underlying Inspire Corporate Bond Impact Equal Weight Index is comprised of 250 investment grade short term and intermediate term corporate bonds issued by some of the most inspiring large cap "blue chip" companies in the U.S., as determined by Inspire's innovative Inspire Impact Score methodology, which measures a company's positive impact on the world. The index is equally weighted, rebalanced quarterly and calculated on a total return basis in U.S. dollars.