New S&P 500 Christian Values Screened Index for Evangelical Christian Investors
Bountiful Financial, a pioneer in faith-based investing, and S&P Dow Jones Indices (S&PDJI), the world's leading index provider, today announced the launch of the S&P 500 Christian Values Screened Index(the Index), the first in a suite of indices tailored for evangelical Christian investors. The Index is grounded in Bountiful's Evangelical Christian Investment Framework
“We are proud to empower Christian investors around the world to live with greater integrity by aligning their investments with their values,” said David Friedman, Head of Christian Investment Solutions at Bountiful Financial. “The launch of this flagship Index in collaboration with S&P DJI underscores our commitment to democratizing faith-driven investing.”
Companies are screened based on involvement in activities, such as abortion, stem cell research, adult entertainment, predatory lending, recreational cannabis, gambling, tobacco, and violent video games. After exclusions, sector adjustments are applied to maintain alignment with the broader S&P 500, resulting in historically low tracking error.
“S&P Dow Jones Indices is pleased to collaborate with Bountiful Financial to expand our faith-based indices, which are designed for market participants seeking tools to align their religious beliefs with their investing strategies,” said Cameron Drinkwater, Chief Product Officer at S&P Dow Jones Indices. “The S&P 500 Christian Values Screened Index joins our market-leading faith-based benchmark suite, highlighting S&P DJI's ongoing commitment to this space. As a growing number of global investors seek high-quality, faith-based indices, S&P Dow Jones Indices will continue innovating with best-in-class index methodologies and data to support them.”
Exchange-traded funds (ETFs) and other financial products tracking the Index are expected to launch later this year. S&P DJI Is not an investment adviser, nor does it issue, sponsor or endorse any of such financial products.
“This Index is the product of a year of thoughtful collaboration with S&P DJI,” said Reid Steadman, CEO of Bountiful Financial. “In a world where values matter more than ever, Christian investors deserve tools that support both their financial and spiritual goals.”
About Bountiful Financial:Bountiful Financial democratizes faith-based investing by combining artificial intelligence (AI) with institutional-grade governance to create conviction-aligned indices. Learn more at: www.bountifulfinancial.com
The S&P 500 Christian Values Screened Index(the Index) is a product of S&P Dow Jones Indices LLC (S&P DJI). S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). Investment products based on the Index are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in any such product(s) nor do they have any liability for any errors, omissions or interruptions of the Index.
Media Contact:Jamison DavisChief Marketing Officerjamison.davis@bountifulfinancial.com+1 203 832 2875
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SOURCE Bountiful Financial LLC
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