All funds are custom-made to meet the needs of a specific religion.
The ETFs are:
- FaithShares Catholic Values Fund (NYSEArca: FCV)
- FaithShares Methodist Values Fund (NYSEArca: FMV)
- FaithShares Christian Values Fund (NYSEArca: FOC)
On Dec. 15, FaithShares plans to launch two more funds, the FaithShares Baptist Values Fund and the FaithShares Lutheran Values Fund. Each year, FaithShares Advisors, the company which manages the funds, will give at least 10% of its net income to a ministry.
Fact sheets on all the funds can be found at the FaithShares website.
For more stories about socially responsible ETFs, visit our socially responsible ETFs category.