How does the TOV ETF compare to JLens’ current SMA strategy?

The TOV ETF offers several advantages over JLens’ current SMA strategy, particularly enhanced advocacy capabilities. As a pooled investment vehicle, the ETF creates greater leverage for engaging with companies on Jewish community priorities. Please see this side-by-side comparison of the SMA and ETF.

JLens plans to phase out its current SMA strategy by the end of 2025. We’re developing a new TOV SMA option based on the same JLens 500 Index that the ETF tracks. The new SMA will provide customization options beyond the core Index screens, allowing investors to add additional values-based screens like fossil fuels or civilian firearms manufacturing if desired. This customization capability is reflected in its slightly higher expected expense ratio (approximately 25 basis points versus 18 for the ETF).

For most investors, the ETF provides the optimal balance of Jewish values alignment, cost efficiency, and advocacy impact. For those requiring customized screens, the forthcoming TOV SMA will provide that flexibility.

Address: JLens
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New York, NY 10158
Email: info@jlensnetwork.org
Phone: 212-885-7870

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a Prospectus or Summary Prospectus with this and other information about the Fund, please call 855-427-7360 or visit our website at investjewishly.orgnve. Read the prospectus or summary prospectus carefully before investing.

Investments involve risk. Principal loss is possible.
Large-Capitalization Companies Risk. Large-capitalization companies may trail the returns of the overall stock market. Large-capitalization stocks tend to go through cycles of doing better – or worse – than the stock market in general. These periods have, in the past, lasted for as long as several years.
Jewish Values Investing Risk. The Index considers JLens’ Jewish Value Pillars in its index methodology and may exclude otherwise profitable investments in companies which have been identified as being in conflict with JLens’ Jewish Value Pillars. The Index does not select constituents for inclusion in the Index on the basis of future anticipated performance or capital appreciation, similar to traditional market capitalization-weighted indexes.

Responsible Investing Criteria Risk. Because the methodology of the Index selects securities of issuers using responsible investing considerations, the Fund may underperform the broader equity market or other funds that do not utilize responsible investing criteria when selecting investments.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision.

The Fund is distributed by Quasar Distributors, LLC. The Fund’s investment advisor is Empowered Funds, LLC which is doing business as ETF Architect.