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Benzinga
Benzinga
Business
Chandrima Sanyal

Not Enough Believers: Faith-Based ETF Folds Amid Industry Purge

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Faith Investor Services LLC intends to liquidate the FIS Knights of Columbus Global Belief ETF (NYSE:KOCG), a faith-based ETF that attempted to match investments with Catholic principles.

The action is the latest to affect smaller and thematic ETFs in a highly competitive environment.

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