Two Oklahoma City financial advisers are launching five stock funds aimed at attracting Christians seeking investments that don’t conflict with the tenets of their faith.
FaithShares Trust, established by Tom Phillips and Garrett Stevens, will offer shares of exchange traded funds based on indexes that track recommendations of organizations representing Baptist, Catholic, Lutheran, Methodist and nondenominational Christian groups. The funds will include large-cap stocks, excluding those that conflict with core beliefs of the various denominations. You can read the full article here.
