Fund Description
Inspire Corporate Bond Impact ETF (IBD) is a low cost5, biblically responsible alternative for investors who want to make a positive impact with their investments without sacrificing quality investment management. Inspire Corporate Bond Impact ETF (IBD) is the first faith-based bond ETF ever created and is carefully designed to create meaningful impact in the lives of people all across the globe by investing in inspiring companies and donating a portion of fees to support Christian ministry projects such as clean water wells, refugee relief efforts, Bible distribution and other worthy causes. As a core holding workhorse of investors fixed income portfolios, IBD mirrors the characteristics of the broad U.S. bond market while investing only in the investment grade bonds of some of the most inspiring companies in the United States aligned with biblical values, as measured by their Inspire Impact Score. Inspire Corporate Bond Impact ETF (IBD) seeks to track the performance of the Inspire Corporate Bond Impact Equal Weight Index.
Fund Profile
Fund Name Inspire Corporate Bond Impact ETF
Fund Exchange Ticker IBD
Fund Sponsor Inspire Investing
Fund ISIN US66538H6339
Net Expense Ratio 0.61 %
Fund Inception Date 10 July 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Inspire Corporate Bond Impact Equal Weight Index
Index Provider Inspire Index
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 65.80 Million (USD)
1 Month Total Return 0.41 %
Year To Date Return 0.10 %
1 Year Total Return -1.68 %
3 Year Annualized Total Return
NAV 24.37
Share Outstanding 2,700,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
US DOLLARS CASH 0.0314515529885772302647568886
General Dynamics Corp 2.250000 11/15/2022 BOND 0.0118216286883114577082588302
BROADCOM CRP / CAYMN FI BOND 0.0114055135859735584554997299
Occidental Petroleum Corp 3.400000 04/15/2026 BOND 0.0097646065749071642292899782
Phillips 66 4.300000 04/01/2022 BOND 0.0095018823367904597183502907
ConocoPhillips Co 3.350000 11/15/2024 BOND 0.0094719876155855516450511359
Halliburton Co 3.800000 11/15/2025 BOND 0.0094230582870929625926090466
Union Pacific Corp 4.000000 02/01/2021 BOND 0.0093695404092512604887694286
Occidental Petroleum Corp 2.700000 02/15/2023 BOND 0.0093638310149283229555867656
ConocoPhillips Co 2.400000 12/15/2022 BOND 0.0093501901416231546352308705