In a world where financial decisions can seem detached from our moral beliefs, the BIBL offers a unique perspective on investing. This Exchange-Traded Fund (ETF) combines financial growth with ethical considerations, allowing investors to align their portfolios with biblical values. But what exactly is the BIBL, and how does it work? Let's dive into the details.
At its core, the BIBL seeks to provide investors with exposure to domestic large capitalization equity securities while ensuring alignment with biblical principles. The fund is managed by Inspire Investing, LLC, which serves as both the index provider and the investment adviser. The ETF's approach to selecting its component securities is driven by the proprietary Inspire Impact Score® methodology.
The Inspire Impact Score® methodology evaluates companies based on their alignment with biblical values and their positive impact on various aspects of society. It considers factors like business ethics, human rights, environmental responsibility, and community engagement. By assigning scores to these categories, the methodology identifies companies that uphold biblical principles and contribute positively to the world.
BIBL overlap What is the BIBL ETF?
One of the unique aspects of the BIBL is its commitment to ethical exclusion. The methodology eliminates companies involved in activities that do not align with biblical values, such as abortion, gambling, alcohol production, and more. This rigorous screening process ensures that investors are not supporting businesses that engage in activities contrary to their beliefs.
Furthermore, the ETF employs positive screening to identify companies making a positive impact in various areas. Categories like air quality, customer welfare, and employee engagement are evaluated to highlight companies that contribute positively to their employees, customers, and the environment.
The BIBL aims to replicate the performance of the Inspire 100 Index. This index is composed of the 100 securities with the highest Inspire Impact Scores®, each weighted by its market capitalization. The ETF strives to track the index by investing in a representative sample of securities that collectively mirror the index's characteristics.
It's important to note that the fund may concentrate its investments in specific industries, much like the composition of the Inspire 100 Index. This strategy allows the ETF to focus on sectors that align with its investment philosophy and ethical considerations.
In conclusion, the BIBL provides investors with an opportunity to integrate their financial goals with their moral convictions. Through its unique Inspire Impact Score® methodology, the fund identifies and invests in companies that align with biblical values while excluding those engaged in morally conflicting activities. By doing so, investors can potentially generate returns while making a positive impact on society.
Disclaimer: The BIBL does not provide investment advisory services.
Alternative Sources: What is the BIBL ETF?
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BIBL ETF, is an exchange-traded fund that provides investors with exposure to companies operating in the relevant sector.
BIBL ETF aims to track the performance of a specific index, which includes companies involved in various aspects of the relevant industry.
BIBL ETF includes companies from the relevant industry, which may consist of specialized firms, equipment manufacturers, and other related entities.
BIBL ETF functions by pooling investors' capital to purchase a diversified portfolio of related stocks, aiming to replicate the performance of the underlying index.
Investing in the BIBL ETF offers exposure to a specialized sector with potential for growth and innovation. It allows investors to diversify within the industry, which could experience significant advancements and expansion in the future.