Capstone Asset Management Launches New Investment Opportunities
In an exciting development for faith-based investors, Capstone Asset Management Inc. has pioneered the introduction of biblically informed mutual funds. This step marks a significant moment for Canadian investors as they now have access to managed equity funds that align with their Christian values.
The Introduction of Biblically Informed Funds
Capstone has unveiled two new mutual funds, complemented by four different series of the funds and a series of exchange-traded funds (ETFs). These funds represent the first biblically informed investment options that are accessible broadly within the Canadian market.
Understanding the Fund Offerings
The funds are designed as follows:
Capstone Biblically Informed Canadian Equity Fund (TSX:BIVC)
This fund aims to achieve long-term positive returns through a mix of capital gains and dividend income. It primarily invests in common shares of Canadian companies on recognized exchanges that align with its biblical investment criteria.
Capstone Biblically Informed U.S. Equity Fund (TSX:BIVU)
Similarly, this fund focuses on U.S. companies adhering to biblical principles, aiming for long-term capital appreciation and dividend income. By investing in these shares, investors can feel secure that their choices reflect their values.
Meeting the Needs of Christian Investors
There has long been a demand among Canadian Christians and faith-based organizations for investment options that honor their beliefs. Many investors previously sought solutions from U.S.-based financial products or ESG offerings that failed to reflect their values. Capstone is stepping in to meet this need by providing disciplined investment management underpinned by biblical criteria.
Investment Philosophy Rooted in Values
Capstone employs a comprehensive research methodology to ensure that its investments align with Christian principles. The approach includes evaluating companies based on four primary biblical values:
Core Values Guiding the Investment Process
- Valuing human life
- Stewardship of creation
- Encouraging human flourishing
- Applying biblical wisdom
Through this method, the company engages in detailed fundamental analysis, specifically looking for companies that operate in accordance with these values.
Exclusions from the Investment Universe
To maintain alignment with biblical teachings, Capstone deliberately omits companies involved in practices inconsistent with Christian ethics. Some of these include:
- Predatory lending
- Gaming enterprises
- Manufacturers of weapons
- Organizations engaged in excessive political activism
- Alcohol, cannabis, and tobacco producers
- Firms violating human rights
- Adult entertainment
- Companies associated with abortion
Strong Oversight and Governance
To augment its investment strategy, Capstone collaborates with Brightlight Impact, a reputable independent research firm, to enhance its analysis. Additionally, all stock selections are thoroughly reviewed and sanctioned by Capstone’s Biblically Informed Oversight Committee, which includes a diverse board with extensive expertise in finance and faith-based investment.
Empowering the Faith-Based Community
The introduction of these mutual funds significantly closes the gap in the Canadian investment landscape, allowing faith-based institutions such as churches and Christian foundations to invest in accordance with their values. By providing these biblically informed options, Capstone ensures that Christians can grow their assets while fulfilling their spiritual and ethical commitments.
About Capstone Asset Management
Founded in 2004, Capstone Asset Management operates from its bases in British Columbia, offering innovative investment solutions to clients across Canada. Their team consists of seasoned professionals, including portfolio managers with extensive experience in managing wealth and investments for individuals and organizations committed to faith-based principles.
Contact Information: For more details regarding the new funds and investment opportunities, please reach out to Capstone Asset Management directly.
Frequently Asked Questions
What are the new funds launched by Capstone Asset Management?
The new funds include the Capstone Biblically Informed Canadian Equity Fund and the Capstone Biblically Informed U.S. Equity Fund, both aligned with Christian values.
How can investors purchase the new mutual funds?
Investors can buy the ETF series and mutual fund series units through registered dealers and manage them in registered or non-registered accounts.
What type of companies do the funds invest in?
The funds seek investments in companies that are consistent with biblical principles, focusing primarily on Canadian and U.S. companies listed on relevant stock exchanges.
What oversight is in place for the funds?
Capstone's Biblically Informed Oversight Committee reviews all stock selections, ensuring alignment with Christian values. They work in coordination with independent research firms for added scrutiny.
Who can benefit from these investment options?
These investment options are targeted at individuals, churches, ministries, and faith-based organizations seeking investment alignments with their Christian beliefs.