Inspire ETFs reports expense ratio reductions

US-based Inspire Investing has announced fee reductions on seven of its biblically responsible, faith-based ESG ETFs

Inspire Investing writes that this reduction in fees is due mostly to the rapid growth that Inspire has achieved and covers a broad range of investment solutions, from global and US equity to fixed income, momentum, and tactical strategies.  

The firm writes that the change allows for greater investor return potential as the total annual operating cost of the fund shrinks in relation to asset growth and represents USD568,000 in net savings for investors. The firm’s current lineup of eight ETFs added USD397 million in new assets during 2021.  

“God has greatly blessed our work, and as our assets under management have grown over the years, we have passed on those savings to the shareholders of our ETFs,” says Robert Netzly, CEO of Inspire. “These fee reductions are great news for our investors, as they make our already competitively priced offerings even more attractive to institutions and individuals around the globe seeking to invest in a biblically responsible manner.”  

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