Inspire Global Hope ETF(AMEX:BLES)

BLES is a principles-based fund that screens stocks for how closely they line up with biblical values and positive impact on the world, measured through a proprietary scoring system. The methodology starts by screening out companies that have any level of participation in any of the following: abortion, gambling, alcohol, pornography, the LGBT lifestyle, and more. After that filter, the index looks for companies that provide products and services towards education, fighting disease, helping the poor and marginalized, and Christian-themed products as defined by the Issuer. Other criteria are treatment of employees, community involvement, and environment. BLES plans to compose its portfolio as 50% domestic securities, 40% in developed foreign securities, and 10% in emerging market securities. The index is equally weighted and rebalanced quarterly. Between March 30 and August 19, 2022, the fund's name included a reference to 'ESG'. The name changes did not impact the fund strategy.