Inspire International ESG ETF (WWJD US) - Investment Proposition

Core Viewpoint - Inspire International ESG ETF (WWJD) offers values-aligned investment opportunities in developed and emerging markets outside the U.S., focusing on faith-based exclusions and an ESG-aware selection process [1] Investment Strategy - The strategy aims for diversified international equity participation while systematically excluding business models misaligned with stated values, accepting some tracking differences compared to broad ex-U.S. universes [1] - A rules-driven methodology emphasizes financial strength and investment merit, with periodic rebalances to adjust regional and sector weights based on changing fundamentals and screens [1] Performance Drivers - Key performance drivers include local earnings trends, currency movements, and the dispersion between regions, styles, and sectors; income is derived from the holdings mix rather than being a target [1] Portfolio Construction - WWJD can serve as an ex-U.S. core for values-aligned mandates, a geographic diversification sleeve alongside U.S. equity, or a complement to global allocations with a focus on non-U.S. investments [1] - Likely users include multi-asset allocators implementing values-aware policy portfolios and investors looking to combine domestic factors with international exposure [1] Market Behavior - The ETF is supported during periods of improving global trade and broadening leadership, while facing headwinds from sharp domestic-led surges or currency volatility [1] Key Risks - A significant risk is that the screening process may lead to persistent country and sector tilts [1]