Why has it taken so long to create an ETF based on Jewish values, when other faiths have had such vehicles for some time?

Christian denominations, in particular, have centralized policy-making bodies that have enabled them to take an early lead in establishing programs for leveraging pools of capital in furtherance of their values. Because the Jewish community is more decentralized, it has taken longer to create a faith-based investment vehicle. That said, there have always been initiatives, by ADL and others, to support and advocate for Jewish values. Given the recent spike in antisemitism in various environments, it is essential to adopt new approaches, including through the investment marketplace.

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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.