Capstone Asset Management Launches Biblically Informed ETFs
Capstone Asset Management Inc. is excited to announce the launch of its innovative biblically informed exchange-traded funds (ETFs) on the Toronto Stock Exchange. Known as Capstone Biblically Informed Canadian Equity Fund (TSX: BIVC) and Capstone Biblically Informed U.S. Equity Fund (TSX: BIVU), these new funds offer Canadian investors a unique opportunity to invest in alignment with Christian values.
Investment Strategies Aligned with Values
The Capstone Biblically Informed Canadian Equity Fund (TSX: BIVC) aims to deliver long-term positive returns by investing primarily in Canadian companies whose operations resonate with biblical values. This fund focuses on building a balanced portfolio that leverages both capital gains and dividend income, appealing to investors seeking ethical investment avenues.
U.S. Market Offerings
Similarly, the Capstone Biblically Informed U.S. Equity Fund (TSX: BIVU) seeks to provide long-term capital appreciation while also considering dividend income. This fund strategically invests in U.S. firms that uphold practices and values aligning with biblical principles. Its goal is to cater to investors who want their financial choices to reflect their ethical beliefs.
Accessibility and Purchase Options
Both funds are denominated in Canadian dollars and can be purchased through registered dealers. Investors can hold these ETFs in various types of accounts, whether registered or non-registered. This flexibility allows individuals to integrate their values into their investment strategies conveniently.
Adapting to Investor Demand
Glenn Murray, CFA, President and Chief Executive Officer of Capstone Asset Management, shares insights into the significance of these funds. He emphasizes the increasing demand among Canadian investors for offerings that reflect their ethical values. He states, "Our new funds combine disciplined investment strategies alongside fundamental analysis informed by biblical research criteria. This creates a compelling option for those passionate about faith-based investing.”
Research Methodology
Capstone employs a meticulous research methodology, applying four biblical principles: valuing human life, responsible stewardship of creation, promoting human flourishing, and utilizing biblical wisdom. These guidelines help identify firms striving to align their operations with such principles.
A Team of Experienced Professionals
The funds are managed by a dedicated team led by Chief Investment Officer Paul Carter, CFA, who has successfully navigated the market with proven strategies. His team utilizes their extensive experience and rigorous analysis to actively manage these new funds, ensuring they meet investor expectations.
External Research Collaboration
Capstone collaborates with Brightlight Impact, a renowned third-party research firm, to enhance its independent analysis. This partnership ensures the investment process is robust and well-informed, contributing to the quality of decisions made regarding fund allocations.
Approval Process
Before any investment is made, potential companies are vetted by Capstone's Biblically Informed Overlay (BIO) Committee. This committee, consisting of experienced members with extensive backgrounds, reviews each proposed investee company to ensure alignment with the fund's ethical standards.
Support for Values-Based Investing
Maria Dawes, BBA CIM CFP, Portfolio Manager at Capstone, articulated the firm's commitment to creating investment opportunities that resonate with values-driven clients. She believes these new funds meet the rising demand for professional management that aligns with personal beliefs, providing a pathway to invest with integrity.
Frequently Asked Questions
What are the new ETFs launched by Capstone Asset Management?
Capstone Asset Management has launched the Capstone Biblically Informed Canadian Equity Fund (TSX: BIVC) and the Capstone Biblically Informed U.S. Equity Fund (TSX: BIVU), both designed to align investments with Christian values.
How can investors purchase these new ETFs?
Investors can purchase the fund units through registered dealers and can choose to hold them in various accounts, either registered or non-registered.
What principles guide the fund's investment strategy?
The investment strategy is guided by four biblical principles: valuing all human life, stewardship of creation, encouraging human flourishing, and applying biblical wisdom in investment decisions.
Who manages these funds?
The funds are managed by a team led by Chief Investment Officer Paul Carter, CFA, who has significant experience in the investment field and utilizes proven methodologies.
What is the purpose of the Biblically Informed Overlay (BIO) Committee?
The BIO Committee is responsible for reviewing and approving potential investee companies, ensuring alignment with the ethical standards of the funds.
