The Little Red Book of Wisdom by Mark DeMoss is available online. Revised edition in stores now.
Media Contact
- Work770.813.0000
- www.DeMossGroup.com
- EmailEmail
About the DeMoss Group
DeMossGroup.com
Newsroom Home > News Releases
FaithShares Advisors Expands Portfolio with SMA
Fully Customizable Fund Provides Faith-Based Investment Solution to Institutions
OKLAHOMA CITY, Aug. 31, 2010— The advisor to the world's first and only family of Christian-values exchange-traded funds (ETFs) - FaithShares® Advisors - is expanding its investment options with a highly customizable Separately Managed Account (SMA).
FaithShares Advisors SMA provides a fully adjustable portfolio for institutions that allows the elimination of certain stocks the investor may have cause against or already have a significant position in. Companies may also be added by the investor. The portfolio is a passively managed Large Cap, equally weighted portfolio.
The SMA will screen for general Christian and denominational values, along with ESG (environmental, social and governance) scores.
For organizations whose portfolios do not allow religious affiliations, FaithShares Advisors also offers an Ethical Equity Portfolio. This portfolio offers 50-75 stocks with a socially responsible investing philosophy based primarily on ESG scores.
About FaithShares Advisors SMA
The SMA carries a low cost with tax management and performance reporting. Investors can customize the number of highly liquid stocks in their portfolio from as many as 100 to as few as 30. Each investor can choose their own custodian or FaithShares Advisors can provide a custodial relationship. The SMA can also serve other existing money managers well including faith-based mutual funds or specific denominationally affiliated money management platforms. The minimum for institutions to invest in the SMA is $500,000.
"FaithShares Advisors SMA fills a gap for institutions looking for a cost-effective way to participate in values-based investing. Our SMA will allow foundations, endowments, hospitals, retirement plans and other large institutions greater control over the stocks in which they invest, while still allowing the greatest possible return," said Garrett Stevens, CEO of the company launched in December 2009. "SMA's are the natural next step for FaithShares' corporate growth."
FaithShares Advisors Screening Process
Starting with the 400 largest U.S. stocks, FaithShares tailors each fund according to the particular tenets of the country's four largest denominations as well as a non-denominational fund.
FaithShares then applies a proprietary screen from MSCI ESG (formerly KLD Research & Analytics) for environmental, social and governance scores. The top 100 stocks based on those scores are then equally weighted to match the MSCI USA Index. This creates a portfolio of highly responsible and ethically run companies in America.
For more information about FaithShares ETFs visit www.FaithShares.com. To purchase FaithShares ETFs contact your investment advisor or discount broker. For more information about FaithShares Advisors SMA and the Ethical Equity Portfolio, visit www.FaithSharesAdvisors.com.
MEDIA NOTE:
For an interview on this SMA launch or trends in values-based investing with FaithShares Co-founder and CEO Garrett Stevens or Co-founder and President Tom Phillips, contact Christine Cape at 770.813.0000 or 404.545.0085 (cell).
-30-
Go Back
