Overview
Description
The Global X S&P 500 Catholic Values ETF is an investment fund designed to align financial goals with moral and ethical values as prescribed by the Catholic Church. This ETF's primary function is to track the performance of the S&P 500 Catholic Values Index, which includes U.S. companies that meet specific ethical investing criteria. Notable features of this ETF include the exclusion of companies involved in activities considered inconsistent with Catholic values, such as abortion, contraception, and policies related to rights of life. This has significant implications across various sectors, ensuring investments align with certain religious and moral principles. In the financial markets, the Global X S&P 500 Catholic Values ETF serves a niche role, providing investors with an option to invest in socially responsible companies without compromising on their religious convictions, while maintaining exposure to the overall performance of the U.S. equity market as represented by the S&P 500 index. This makes it a meaningful choice for individuals and institutions looking to incorporate ethical considerations into their investment portfolio.
About
Address
—
Phone
+1 8884938631
Website
—
Instrument type
ETF
Country
United States
MIC code
XNMS