Key stats
About FIS Biblically Responsible Risk Managed ETF
Expense ratio
0.69%
Home page
Inception date
Feb 8, 2022
PRAY employs a risk-managed approach in providing exposure to global stocks with business practices aligned with Christian religious values. The fund evaluates all-cap stocks for GARP (growth at a reasonable price) characteristics. Qualified companies are screened through a Christian values filter that eliminates companies with businesses engaged in activities that conflict with Christian values (abortion, human rights violations, pornography, alcohol, armaments, gambling, et cetera). The fund combines fundamental research and qualitative analysis to identify companies with above-average investment potential with considerations relative to sector and regional weights. To mitigate risks, the fund may raise up to 50% in short-term cash instruments. As an actively managed fund, PRAY can analyze market and financial data to flexibly make investment decisions at their discretion. Prior to June 27, 2023, the fund traded under the name FIS Biblically Responsible Risk Managed ETF.
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.