For Catholic investors, it can be a daunting task to build a potentially strong-performing and diversified investment portfolio that follows all the guidelines issued by the United States Conference of Catholic Bishops (USCCB). Companies and securities can undergo change on a daily basis, and the everyday investor may not be aware if a company falls out of alignment with Catholic beliefs and teachings, due to the significant time and research often required to track these developments.
As a welcome solution, Faith Investor Services (FIS) has teamed up with Knights of Columbus Asset Advisors (KoCAA) to create a Catholic faith-based exchange-traded fund (ETF)—the FIS Knights of Columbus Global Belief ETF (ticker KOCG). The fund will contain a range of securities that follow all applicable USCCB guidelines, enabling Catholics to potentially invest without worry that their holdings will ever contradict their faith.
ETFs, in general, can potentially provide many benefits for a portfolio by offering diversification and liquidity. However, it may be difficult for Catholic investors to find attractive ETFs that avoid investing in companies that don’t represent Catholic values. KOCG represents a unique opportunity for Catholic investors to align their investments with their beliefs.
This ETF will be actively managed by KoCAA, which can reallocate the portfolio if a company’s business practices deviate from the investment criteria set forth by the USCCB. Expert financial professionals, dedicated to investing within the bounds of the Catholic faith, will constantly analyze KOCG holdings to help investors potentially profit while deploying their capital morally, making it the most pure-play investing option for the Catholic community.
FIS and KOCAA also aim to provide “value through values” by ensuring their funds are invested in companies committed to sound ethical, environmental, social, and corporate governance practices. For investors, this means knowing their money is being used to help companies that make a positive impact on their communities and the world, a pillar of the Catholic faith. FIS and KoCAA prioritize socially responsible investments. These screens all fall in line with Catholic values, and will build on the USCCB guidelines to potentially ensure the capital invested by helps support companies doing good work.
FIS and KoCAA intend for KOCG to offer investors global diversification via securities in U.S., international and emerging markets. KoCAA will actively seek and invest in securities that have above-average investment potential, with the goal of providing long-term capital growth and income. In summary, by investing in the FIS Knights of Columbus Global Belief ETF, Catholics can act on a great opportunity to grow their wealth, while supporting companies that promote the Church’s values and reflect Catholic faith.