COLUMBIA, S.C.–(BUSINESS WIRE)–After efficiently managing a multi-cap, multi-factor, faith-based, separate account composite for over 10 years, Wallick Institutional of Wallick Investments, LLC has launched the WI Fidelis Multi-Cap Multi-Issue Index. It’s now licensed and replicated by Encourage Investing, the world’s largest supplier of biblically accountable ETFs, for the Encourage Fidelis Multi-factor ETF (FDLS) now buying and selling on the New York Inventory Change as of August 24, 2022.
WI Fidelis Multi-Cap Multi-Issue Index efficiency as reported by Solactive.com for April 1, 2022 to August 30, 2022 was -6.12%. As a common reference, the S&P 500 Index efficiency as reported by S&P Dow Jones Indices for April 1, 2022 to August 30, 2022 was -12.01%. Quick time period and previous efficiency can not guarantee long run/future outcomes.
Religion and Science
Integrating Encourage Investing’s revolutionary faith-based affect scores with a multi-factor-based methodology for fairness choice, this WI Fidelis Index supplies buyers with a benchmark assembly licensed Biblically Accountable Investing (BRI) requirements that additionally incorporates factor-based fairness choice, which is a variety technique lauded by quite a few skilled white papers (www.WIFidelisIndex.com/analysis). The WI Fidelis Index is structured to be the brand new customary for benchmarking diversified faith-based investments.
This Index tracks the efficiency of the 100 shares which rank the very best inside their market cap and sector primarily based on WI Fidelis Index’s factor-based methodology. This technique is designed to supply entry to top quality corporations (primarily based on 16 sub-factors together with a optimistic faith-based social affect rating) with market caps higher than $250M that even have worth (primarily based on eight sub-factors together with low volatility and better dividend yield) and momentum (primarily based on 7 sub-factors together with optimistic earnings per share development) traits. WI Fidelis Index securities are equally weighted with rebalance and reconstitution occurring quarterly. Detailed Pointers/Methodology and a Reality Sheet, together with historic efficiency of the WI Index, may be discovered at www.Solactive.com (WI Fidelis Multi-Cap Multi-Issue Index).
“This Index’s ‘multi-dimensional diversification advantages’ make it an excellent Index to benchmark diversified factor-based fairness efficiency.” — Dan Wallick, CIO, Wallick Investments
For extra data, go to WIFidelisIndex.com or contact Index Managing Director Jake Wallick, CFA at Jakewallick@wallickinvestments.com. Wallick Institutional is a division of Wallick Investments, LLC, a registered funding advisory agency licensed in North and South Carolina. For extra data, go to wallickinvestments.com. Wallick Investments, LLC and Encourage Investing aren’t affiliated. To acquire an FDLS ETF prospectus which incorporates funding aims, dangers, fees and bills, go to www.inspireetf.com.