PRAY

FIS Biblically Responsible Risk Managed ETF

The FIS Biblically Responsible Risk Managed ETF (NYSE:PRAY) seeks to provide long-term capital appreciation with a measure of downside protection. We aim to invest in companies around the world that offer sustainable growth opportunities and whose business practices align with Christian values.

Targeted Benefits of PRAY's Strategy:

  1. Actively managed by Capital Insight Partners, the ETF seeks to allow investors to align their investment portfolios with Christian values.
  2. PRAY is designed as a core equity holding that employs a risk managed approach to investing that seeks long-term capital appreciation with a measure of downside protection in falling markets.
  3. The Fund is designed to avoid investments in companies that are believed to be involved with abortion, contraception, embryonic stem cell research/human cloning, human rights violations, or who produce pornography, alcohol, tobacco, armaments that are unguided or indiscriminate, gambling equipment or software, betting establishments, or other enterprises that conflict with Christian values. Additionally, PRAY seeks out companies that aim to benefit society and act as responsible citizens in an attempt to identify sustainable long-term growth opportunities.

Investment Objective:

The FIS Biblically Responsible Risk Managed ETF (NYSE: PRAY) seeks long-term growth of capital and income with downside protection.

Fund Details As of: 08/05/2022
Fund Inception 2/8/2022
Fund Ticker PRAY
CUSIP 78433H204
ISIN US78433H2040
Gross Expense Ratio 0.68%
Net Assets $23,981,263
Shares Outstanding 1,050,000
Primary Exchange NYSE Arca
Index MSCI World Index
Distribution Frequency Annually

Pricing Information

Data as of 08/05/2022

Closing NAV Price
Net Asset Value $22.84
Daily Change ($) $0.01
Daily Change (%) 0.05%
Closing Market Price
Market Price $22.84
Daily Change ($) $0.02
Daily Change (%) 0.07%
Premium / Discount
Premium Discount (%) 0.00%
30-Day Median Bid-Ask Spread (%) 0.32%
Premium / Discount Information

Fund Performance

Data as of: 07/31/2022

1 Mo 3 Mo YTD Since Inception 1 Yr 3 Yr 5 Yr
Cumulative Annualized
NAV Performance 6.31% -1.48 - -8.58% - - -
Market Price Performance 6.61% -1.19 - -8.51% - - -
MSCI World Index (Benchmark) 7.94% -1.34 - -9.42% - - -

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call 833-833-1311.

PRAY is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for PRAY, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Data as of: 07/31/2022

1 Mo 3 Mo YTD Since Inception 1 Yr 3 Yr 5 Yr
Cumulative Annualized
NAV Performance 6.31% -1.48 - -8.58% - - -
Market Price Performance 6.61% -1.19 - -8.51% - - -
MSCI World Index (Benchmark) 7.94% -1.34 - -9.42% - - -

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call 833-833-1311.

KOCG is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.

Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for KOCG, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Distributions

Data as of 6/30/2022

Distribution Information
Distribution Frequency Annually
30 Day SEC Yield 1.07%
Ex-Div Date Record Date Payable Date Amount ($)
-- -- -- --

Holdings

Data as of 08/08/2022   Download Full Holdings

Security Name Ticker Weighting (%)
Humana Inc HUM 2.09%
Pepsico Inc PEP 2.06%
Gfl Environmental Inc GFL 2.05%
Mastercard Incorporated MA 2.03%
Lowes Cos Inc LOW 2.01%
Zimmer Biomet Holdings Inc ZBH 1.93%
Palo Alto Networks Inc PANW 1.92%
Graphic Packaging Hldg Co GPK 1.90%
Truist Financial Corp TFC 1.89%
Chemed Corp New CHE 1.88%

Holdings are subject to change

Documents


Privacy Policy

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds can be found here, KOCG or PRAY. Read the prospectus or summary prospectus carefully before investing.

Investing in ETFs involves risk and there is no guarantee the Funds' 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.

ETFs are Distributed by Foreside Fund Services, LLC.

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. Foreign and Emerging Markets Risks. Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid, and more volatile than securities markets in more developed markets. 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. Christian Values Investing Risk. The Fund considers Christian values in its investment process and may choose not to purchase, or may sell, otherwise profitable investments in companies. This means that the Fund may underperform other similar funds that do not consider Christian values when making investment decisions. Depositary Receipts. The Fund will invest in stocks of foreign corporations, customarily be in the form of depositary receipts including American Depositary Receipts (ADR) and Global Depositary Receipts (GDR), which are subject to many of the risks associated with investing directly in foreign securities, including political, economic, and currency risk. Underlying Fund Risk. To the extent that the Fund invests in other funds, a shareholder will bear two layers of asset-based expenses, which could reduce returns compared to a direct investment in the underlying funds.

The investment adviser, Faith Investor Services, LLC (FIS) and the sub-adviser, Capital Insight Partners, LLC, have limited or no previous experience managing a registered fund. As a result, there is no long-term track record against which an investor may judge the adviser or sub-adviser and it is possible they may not achieve the Fund’s intended investment objective.

30-day SEC Yield is based on a formula mandated by the Securities and Exchange Commission (SEC) that calculates a fund's hypothetical annualized income, as a percentage of its assets. A security's income, for the purposes of this calculation, is based on the current market yield to maturity (in the case of bonds) or projected dividend yield (for stocks) of the fund's holdings over a trailing 30-day period. This hypothetical income will differ (at times, significantly) from the fund's actual experience; as a result, income distributions from the fund may be higher or lower than implied by the SEC yield.

The MSCI World Index, which is part of The Modern Index Strategy, is a broad global equity index that represents large and mid-cap equity performance across 23 developed markets countries. It covers approximately 85% of the free float-adjusted market capitalization in each country and MSCI world index does not offer exposure to emerging markets.