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Security Profile
- Security Type
- Index ETF
- CUSIP
- 66538H641
- Market Cap
- Micro Cap · $2 Million
- IPO
- 2/28/2017
Fund Description: Inspire Small/Mid Cap Impact ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Northern Lights Fund Trust IV, an open-end investment management company. INVESTMENT OBJECTIVE: The Inspire Small/Mid Cap Impact ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Impact Index. INDEX DESCRIPTION: The Inspire Small/Mid Cap Impact Index tracks the stock performance of 500 of the most inspiring small and mid cap companies in the U.S., as determined by Inspire’s revolutionary Inspire Impact Score4 methodology which measures a company’s positive impact on the world. Under normal circumstances the index will be comprised of 50% U.S. mid cap companies with market cap between $2B-3.5B, and 50% U.S. small cap companies with market cap between $1B-2B. Inspire believes that companies in this sm/mid cap capitalization range have the potential to deliver above average growth. The Index is equally weighted, rebalanced quarterly and calculated on a gross total return basis in United States Dollars. FUND STRATEGY: The Fund generally will invest at least 80% of its total assets in the component securities of the Index. The index provider selects domestic small and mid capitalization equity securities included in the Russell 2,000 Index and S&P 400 Index using the index provider’s Inspire Impact Score, a proprietary selection methodology that is designed to assign a score to a particular security based on the security’s alignment with biblical values and the positive impact that company has on the world through various environmental, social and governance criterion. The methodology removes from the investment universe the securities of any company that has any degree of participation in activities that do not align with biblical values, which are: abortion, gambling, pornography, alcohol, the LGBT lifestyle and rights violations such as association with or doing business in terrorist sponsoring countries, countries having oppressive systems of government, and countries where there are known human rights violations related to the persecution or severe discrimination against Christians, and poor labor practices. The methodology then assigns a positive score on whether the companys involvement in activities align with biblical values. Details are located in the prospectus provided. FUND MANAGEMENT: CWM Advisors, LLC (dba Inspire) serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 650 San Benito St, Suite 130, Hollister, CA 95023
- Phone
- 877-658-9473
- Investor Relations
- 877-658-9473 · service@inspireinvesting.com