US EditionFlocking to Faith-Based ETFs
3 Articles
3 Articles
Flocking to Faith-Based ETFs
Another mutual fund shop is taking a leap of faith into the ETF business. Faith-based asset manager Praxis Investment Management launched its first ETFs this month, a pair of strategies similar to two of its mutual funds. It’s the latest addition to the faith-based category that, while growing, advisors don’t talk about as much as some clients would like, according to a survey by Eventide Asset Management last year. Less than 40% of those who wo…
Just over 345,000 investors save in mutual funds managed by Slovenian management companies, totaling six billion euros in assets. The net asset value, which increased steadily last year, has decreased slightly this year in light of current events, but the association notes that there are more deposits than withdrawals.
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