FIS Biblically Responsible Risk Managed ETF(AMEX:PRAY)

PRAY employs a risk-managed approach in providing exposure to global stocks with business practices aligned with Christian religious values. A quantitative screen is used to look for all-cap stocks with GARP (growth at a reasonable price) characteristics. Qualified companies are screened through a Christian values filter that applies an overlay eliminating companies with businesses engaged in activities that conflict with Christian values (abortion, human rights violations, pornography, alcohol, armaments, gambling, et cetera). The fund then combines fundamental research and qualitative analysis to identify companies with above-average investment potential with considerations relative to sector and regional weights. To mitigate risks, the fund may raise up to 50% in short-term cash instruments. As an actively managed fund, PRAY can analyze market and financial data to flexibly make investment decisions at their discretion. Prior to June 27, 2023, the fund traded under the name FIS Biblically Responsible Risk Managed ETF.