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Stock impact report

Product roundup: Capstone Asset Management becomes 46th ETF provider in Canada [Investment Executive - News]

Invesco Ltd (IVZ) 
Last invesco ltd earnings: 4/23 06:55 am Check Earnings Report
The Capstone Biblically Informed Canadian Equity Fund (TSX: BIVC) and Capstone Biblically Informed U.S. Equity Fund (TSX: BIVU) hit the market on Thursday. Both funds are also available in four mutual fund series and denominated in Canadian dollars. In a release, Capstone said the funds invest primarily in common shares of Canadian companies listed on a Canadian stock exchange and U.S. companies listed on a U.S. stock exchange, respectively, that carry out business activities that are “not inconsistent with biblical values” in its view. On its website, Capstone defines this as any companies that avoid activities such as “gambling, weapons manufacturing, pornography, or abortion.” The ETFs are the second type of faith-based funds available in Canada, after halal funds. “Many Canadian investors have expressed interest in investment options that re?ect their values,” said Glenn Murray, president and CEO of Capstone Asset Management, in the release. “Our new funds offer a disciplined Show less Read more
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