FIS Christian Stock Fund (PRAY)

Overview

The fund focuses on investing in equity securities, including common stocks and depositary receipts such as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), of both international and domestic companies. A distinctive feature of this fund is its commitment to investing in biblically responsible investments, allocating at least 80% of its assets (net assets plus any borrowings for investment purposes) to such investments under normal market conditions. The fund emphasizes its dedication to Christian values, influencing its choice of investments to ensure they align with these principles, except for its cash-type holdings.

Products and Services

The fund offers a range of investment options focusing on equity securities and emphasizing biblically responsible investments. Here are the key products and services:

• Equity Securities Investments:

  Primarily, the fund invests in equity securities, which include common stocks that provide shareholders with a share of ownership in a company. This category also encompasses investments in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), which allow US investors to purchase shares in foreign companies in a manner that is compliant with US securities markets.

• Biblically Responsible Investments:

  A minimum of 80% of the fund's assets are dedicated to investments that are considered biblically responsible under normal market conditions. This means the fund actively seeks to invest in companies that adhere to Christian values, aiming to exclude investments that contradict these principles. The fund's strategy encompasses a broad definition of what constitutes Christian values, influencing its choices in the equity market to ensure alignment with its faith-based investment thesis.

• Commitment to Christian Values:

  Underpinning all investment decisions is a strong commitment to Christian values. The fund seeks to invest 100% of its assets, except for its cash-type holdings, in stocks that meet these religious criteria under normal market conditions. The fund's investment philosophy is deeply rooted in its faith, guiding its financial strategies and choices in the global and domestic equity markets.