Episode 56:  Celebrating the Three Year Anniversary of the PRAY ETF

In this special episode of Faith & Retirement, hosts Tom Levine & Jay Peroni, CFP sit down with Sara LaClair and Steve Nelson, portfolio managers of the FIS Christian Stock Fund (PRAY ETF), which trades on the New York Stock Exchange. With the fund celebrating its three-year anniversary, they dig into what makes PRAY unique, focusing on its commitment to Christian principles, such as avoiding investments in companies that support abortion or alcohol.

The conversation explores the benefits of the ETF, including its tax advantages, low-cost structure, and its actively managed nature, offering flexibility to navigate risk while aiming for strong returns. Financial advisor Jay shares how he incorporates PRAY into his clients’ portfolios, especially for families seeking an ethical, faith-driven investment strategy.

Sara and Steve discuss valuable lessons they’ve learned from managing the fund, including the importance of long-term, steady wealth accumulation as emphasized in Proverbs 13:11. They also talk about recent buys and sells within the fund, including AEP and Dexcom, shedding light on their decision-making process.

With a discussion on the current stock market trends and potential risks, the team gives insights into navigating today’s “Roaring 20’s” environment and shares tips on managing stock exposure. They also touch on how clients of FIS are contributing to building the kingdom of God.  Join us for an enlightening discussion on aligning faith with investing and the exciting future of the PRAY ETF!