James Investment Research, a money manager known for its 40-year history of principles-driven investment management, has entered the ETF arena, launching its first ETF based on its time-tested multi-factor selection methodology with biblically responsible investing.
On Wednesday, James Investment Research rolled out the James Biblically Responsible Investment ETF (Cboe: JBRI), which comes with a 0.65% expense ratio.
The James Biblically Responsible Investment ETF will try to reflect the performance of the James Biblically Responsible Investment Index, which is comprised of large and mid-capitalization U.S. stocks of biblically responsible issuers.
Companies are selected based on the eVALUEator Biblically Responsible Index, which uses a rules-based, biblically responsible screening tool.