Faith Investor Services Debuts Catholic-Focused Bond ETF

Scottsdale-based Faith Investor Services has launched the Arimathea Catholic Core Bond ETF, a new financial instrument designed to align fixed-income portfolios with Catholic moral and social teachings. Listed on the NYSE Arca under the ticker SHRD, the fund marks the firm’s sixth entry into its values-driven investment platform.

The ticker symbol SHRD serves as a reference to the burial shroud provided by Joseph of Arimathea, symbolizing the firm's focus on stewardship and moral responsibility. The fund joins an existing suite of ETFs, including the PRAY and ACTS funds, which cater to investors seeking to integrate Christian values with market performance. Chairman and CEO Steve Nelson noted that the expansion aims to meet specific fixed-income objectives for Catholic clients while maintaining a disciplined approach to asset management.

Arimathea Investing, the sub-advisor for the new fund, utilizes specific screening frameworks to ensure holdings remain consistent with church doctrine. Faith Investor Services, which maintains offices across the United States, operates with a long-term mission to eventually direct its net equity toward church endowments. As with all exchange-traded funds, the new offering carries inherent market risks, and investors are encouraged to review the prospectus to understand the potential for price fluctuations relative to net asset value.