New Christian values index fund for evangelical investors created by investment firm, S&P

Core Insights - A new index and ETF tailored for evangelical Christian investors has been launched by Bountiful Financial in partnership with S&P Dow Jones Indices [1][5] - The S&P 500 Christian Values Screened Index will exclude companies involved in activities contrary to evangelical Christian values, such as abortion and gambling [2][4] Group 1: Index and ETF Details - The S&P 500 Christian Values Screened Index is the first in a series of indices designed for evangelical Christian investors [1] - The index will screen out companies based on their involvement in activities like abortion, stem cell research, adult entertainment, predatory lending, recreational cannabis, gambling, tobacco, and violent video games [2][4] - Bountiful Financial plans to launch ETFs and other financial products based on this index later in the year [5][6] Group 2: Company Statements and Goals - David Friedman from Bountiful Financial emphasized the importance of aligning investments with personal values for Christian investors [2] - Bountiful Financial's CEO, Reid Steadman, stated that the index is a result of a year of collaboration with S&P DJI, aiming to support both financial and spiritual goals for investors [5] - Cameron Drinkwater from S&P Dow Jones Indices expressed satisfaction in expanding faith-based indices to help market participants align their religious beliefs with investment strategies [6][7]