ALPHA, Ohio, Dec. 20, 2017 /PRNewswire/ -- James Investment Research Inc., known for its 40-year history of providing principles-driven investment management products is expanding with the addition of its first ETF, the James Biblically Responsible Investment ETF (JBRI). JBRI applies James' time-tested multi-factor stock selection methodology to the growing world of biblically responsible investing.
JBRI uses the eVALUEator Biblically Responsible Index (BIBLX)¹ as a benchmark for its investing parameters. BIBLX was created to screen stocks within the S-Network US Equity Large/Mid-Cap 1000 Index ² and, using eight different criteria, filter out any objectionable stocks from a biblical perspective.
JBRI is a passive strategy, created by selecting the top 100 stocks from the BIBLX Index based on a stock selection methodology, and considers a company's valuation, profitability and price momentum. The holdings are reconstituted quarterly and then equally weighted and rebalanced to approximately 1% positions.
This ESG fund, with emphasis on "social," focuses on mid to large cap stocks and has an expense ratio of .65%. JBRI is designed to exclude companies that are involved in practices and products objectionable from a biblical perspective.
"JBRI is designed for investors who want to show their faith in myriad aspects of their lives, including their investment portfolios," said Matt Watson, CFA, and portfolio manager with James Investment Research. "With our time-tested investment strategies, investors now have the opportunity to invest with biblical principles while seeking attractive returns."
About James Investment Research:
James has been managing client portfolios since 1975. The client base includes corporations, foundations, hospitals, financial institutions, and private investors. With six mutual funds available to advisors and individuals alike, the firm's assets under management are $5.1 billion as of 9/30/2017.
For more information, please visit http://www.jamesetf.com
- eVALUEator Biblically Responsible Index BIBLX is an index designed to exclude companies that are involved in practices and products objectionable from a Biblical perspective, such as abortion, pornography, alcohol, tobacco, and gambling. BIBLX serves as a benchmark for Biblically responsible investing and as a starting universe for index development.
- S-Network US Equity Large/Mid-Cap 1000 Index: the 1000 largest US Stocks, Ticker SN1000
An investor cannot invest directly in an index.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting http://www.jamesetf.com. Please read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. The Fund's return may not match or achieve a high degree of correlation with the return of the Index. To the extent the Fund's investments are concentrated in or have significant exposure to a particular issuer, industry or group of industries, or asset class, the Fund may be more vulnerable to adverse events affecting such issuer, industry or group of industries, or asset class than if the Fund's investments were more broadly diversified. Issuer-specific events, including changes in the financial condition of an issuer, can have a negative impact on the value of the Fund. The Fund is not actively managed and therefore the Fund would not sell shares of an equity security unless that security is removed from the Index or the selling of shares is otherwise required upon a rebalancing of the Index. Diversification may not protect against market risk. Holdings are subject to change.
Exchange Traded Concepts, LLC serves as the investment adviser and Penserra Capital Management, LLC serves as the sub-advisor to the Fund. The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
SOURCE James Investment Research