Religious ETFs Are About to Hit the Bond Market
- Inspire to start religious fixed-income fund in next few week
- Firm’s two religious stock funds have collected $60M in assets
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Ideology-driven exchange-traded funds are coming to the bond market.
Inspire, the Hollister, California-based firm with two ETFs that target companies with so-called biblical values, plans to launch the first religiously focused fixed-income fund within the next few weeks.