DALLAS–(BUSINESS WIRE)–Faith Investor Services, LLC (FIS), in partnership with Knights of Columbus Asset Advisors (KoCAA), is pleased to announce the launch of its inaugural exchange-traded fund (ETF) today on the New York Stock Exchange. The new fund, the FIS Knights of Columbus Global Belief ETF, will trade under the ticker symbol KOCG. As more investors look to align their investments with their values, this ETF aims to provide them with a faith-based opportunity backed by an expert institutional investment team.
FIS, a wholly owned subsidiary of Slate Hill Partners (SHP), is helmed by asset management veterans Michael Skillman and Joe Valdman. KoCAA is a wholly owned subsidiary of the Knights of Columbus, a global Catholic fraternal organization founded in 1882 with more than 2 million members and over $120 billion of life insurance in force.
“This fund is an example of how Catholics can invest their money in a way that is compatible with their faith and can potentially grow their wealth,” said Anthony Minopoli, president and chief investment officer of Knights of Columbus Asset Advisors. “We believe KOCG is a great solution for Catholic investors.”
KoCAA manages nearly $29 billion through various investment vehicles and adheres to investment guidelines set by the United States Conference of Catholic Bishops. The investment criteria include investing in companies that align with Catholic values, such as respect for life, respect for human dignity, and the Catholic Church’s stance on war and peace. Unlike other faith-based ETFs, KOCG will be actively managed and is sub-advised to ensure the ETF consistently meets the high standards set forth by the faith-based investment guidelines.
“The launch of KOCG is a culmination of years of work supported by a commitment to deliver an exceptional faith-based ETF. I am humbled that the Knights of Columbus has agreed to partner with us,” said Joe Valdman, managing partner at Slate Hill Partners and founder of FIS. “The Knights has a committed membership that continues to live out Catholic values in the world and has a track record of aligning its money with its mission. The combination of a strong values system and a meaningful capital base positions KOCG to capture flagship status for investors seeking a fund that aligns with Catholic values.”
“FIS was founded with the intent to deliver investors ETFs that can create impactful change in the world and align with their moral guidelines,” explained Michael Skillman, CEO of FIS. “We want to equip people with a simple way to invest that adheres to their faith and moral framework. We invite all those looking to align their faith with their investments to consider KOCG. We envision our platform will provide similar options for investors of other faith backgrounds in the future.”
KOCG is only the beginning for FIS. In the future, FIS plans to add more products to its lineup that will remain aligned with faith-based values and aim to create financial security for investors.
To learn more, visit: www.faithinvestorservices.com.
About Faith Investor Services
Faith Investor Services, LLC, is an exchange-traded fund provider dedicated to delivering pure-play, faith-based ETFs that offer investors access to investments that better align with their religious beliefs and values.
Carefully consider investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the KOCG Prospectus available here. Read all materials carefully before investing.
There is no guarantee the Fund’s investment strategy will be successful and you can lose money on your investment in the fund. Shares may trade at a premium or discount to their NAV in the secondary market. The fund is new and has limited operating history to judge.
Market Risk. The prices of securities held by the Fund may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by the Fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. Emerging Markets Securities Risk. The Fund’s investments in emerging markets securities are considered speculative and subject to heightened risks in addition to the general risks of investing in foreign securities. Unlike more established markets, emerging markets may have governments that are less stable, markets that are less liquid and economies that are less developed. Active Management Risk. The Fund is actively managed, which means that investment decisions are made based on investment views. There is no guarantee that the investment views will produce the desired results or expected returns, which may cause the Fund to fail to meet its investment objective or to underperform its benchmark index or funds with similar investment objectives and strategies. Catholic Values Investing Risk. The Fund considers the USCCB Guidelines in its investment process and may choose not to purchase, or may sell, otherwise profitable investments in companies which have been identified as being in conflict with the USCCB Guidelines. This means that the Fund may underperform other similar mutual funds that do not consider the USCCB Guidelines when making investment decisions.
Distributed by Foreside Fund Services, LLC.
About Knights of Columbus Asset Advisors
Knights of Columbus Asset Advisors is an SEC-registered investment adviser that maintains a principal place of business in the state of Connecticut. For further information about KoCAA’s business operations, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov. KoCAA is a wholly owned subsidiary of Knights of Columbus, the world’s largest Catholic fraternal service organization, with nearly $29 billion in assets under management. Please visit: KofCAssetAdvisors.org for additional information.
You should consider the investment objectives, risks and charges and expenses carefully before investing. Nothing presented herein is intended to constitute investment advice and no investment decision should be made based on any information provided herein. Nothing presented herein should be construed as a recommendation to purchase or sell a particular type of security or follow any investment technique or strategy. No guarantee of investment performance is being provided and no inference to the contrary should be made.
Knights of Columbus Asset Advisors (“KoCAA”) provides institutional asset management and an array of securities products and services, as well as retail mutual funds. Knights of Columbus Charitable Fund (“KCCF”) offers donor-advised funds.
The Knights of Columbus is a fraternal benefit society. It has been named a Fortune 1000 entity and is rated AA+ by S&P and rated A+ (Superior), and it is a Top 50 U.S. Life/Health Insurers by A.M. Best.
Consider the funds’ investment objectives, risks, charges and expenses carefully before investing. This and other information can be found in the funds’ full or summary prospectuses, which can be obtained by calling 1-844-KC-Funds or by visiting www.kofcassetadvisors.org. Please read the prospectus carefully before investing.
Trevor Davis, Gregory FCA for Faith Investor Services
Knights of Columbus:
Steve Curtis, Vice President of Corporate Communications