PRAY
FIS Christian Stock Fund
📎 Investment Objective
The PRAY - FIS Christian Stock Fund seeks to provide long-term capital appreciation by investing in a portfolio of stocks of companies that align with Christian values and principles.
Overview
ETF tracking FIS Christian Stock Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The PRAY - FIS Christian Stock Fund seeks to provide long-term capital appreciation by investing in a portfolio of stocks of companies that align with Christian values and principles.
🎯 Investment Strategy
The fund invests primarily in the common stocks of U.S. companies that meet certain environmental, social, and governance (ESG) criteria based on the fund manager's Christian-based investment philosophy. The fund may also invest in other securities, such as preferred stocks and convertible securities.
✨ Key Features
- Focuses on companies that adhere to Christian ethical standards and values
- Actively managed portfolio with stock selection based on the fund manager's Christian-based investment process
- Relatively new fund with limited performance history
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund invests in a limited number of companies that meet the Christian-based criteria
- Potential for underperformance compared to broader market indices if the fund's investment approach does not align with market trends
- Limited diversification as the fund focuses on a specific investment theme
- Lack of long-term performance history to evaluate the fund's effectiveness
👤 Best For
The PRAY - FIS Christian Stock Fund may be suitable for investors who are seeking long-term capital appreciation and are aligned with the fund's Christian-based investment approach. However, due to the fund's limited track record and concentrated investment strategy, it may be more appropriate for investors with a higher risk tolerance and a long-term investment horizon.