Northern Lights Fund Trust IV - Inspire Corporate Bond Impact ETF (IBD)

ETF Northern Lights Fund Trust IV - Inspire Corporate Bond Impact ETF Summary

Profile:

• Focus: The ETF invests primarily in investment-grade corporate bonds issued by companies that are committed to positive social and environmental impact.
• Asset Allocation: Primarily invests in investment-grade corporate bonds with at least 50% exposure to US issuers.
• Investment Strategy: Actively managed, utilizing ESG criteria and impact investing principles to select bonds for the portfolio.

Objective:

• The primary investment objective is to provide investors with current income and long-term capital appreciation while supporting companies committed to positive social and environmental impact.

Issuer:

• Name: Northern Lights Fund Trust IV
• Reputation and Reliability: Newly formed entity, limited track record available.
• Management: Experienced investment team with expertise in ESG investing and impact investing principles.

Market Share:

• Data unavailable: Due to the recent launch of the ETF, market share data is not yet available.

Total Net Assets:

• Data unavailable: Due to the recent launch of the ETF, total net assets data is not yet available.

Moat:

• First-mover advantage: One of the first ETFs to focus exclusively on ESG-focused corporate bonds.
• Experienced management team: Strong track record in ESG and impact investing.
• Unique investment strategy: Actively managed approach allows for greater flexibility in portfolio construction.

Financial Performance:

• Data unavailable: Due to the recent launch of the ETF, performance data is not yet available.

Benchmark Comparison:

• Benchmark: Bloomberg Barclays US Corporate Bond Index
• Performance comparison: Data will be available after the ETF has been trading for a period of time.

Growth Trajectory:

• Positive: Growing demand for ESG-focused investments.
• Limited data: Future growth is uncertain due to the recent launch.

Liquidity:

• Average Trading Volume: Data unavailable due to the recent launch.
• Bid-Ask Spread: Data unavailable due to the recent launch.

Market Dynamics:

• Positive: Increasing investor interest in ESG and impact investing.
• Rising interest rates: Potential negative impact on bond prices.
• Economic growth: Can positively impact corporate bond performance.

Competitors:

• iShares ESG Aware USD Corporate Bond ETF (ESGU): 0.29% market share
• Vanguard ESG US Corporate Bond ETF (VCLT): 0.22% market share
• BlackRock Impact US Corporate Bond ETF (BIMP): 0.18% market share

Expense Ratio:

• 0.45%

Investment approach and strategy:

• Strategy: Actively managed, using ESG criteria and impact investing principles to select bonds.
• Composition: Primarily invests in investment-grade corporate bonds, with at least 50% exposure to US issuers.

Key Points:

• ESG-focused: Invests in companies committed to positive social and environmental impact.
• Actively managed: Provides greater flexibility in portfolio construction.
• First-mover advantage: One of the first ETFs to focus on this specific investment niche.
• Limited track record: Data and performance information is not yet available.

Risks:

• Market Risk: Bond prices can fluctuate due to changes in interest rates, economic conditions, and other factors.
• Credit Risk: The possibility that an issuer of a bond may default on its obligations.
• ESG Risk: The possibility that companies may not meet their ESG commitments.

Who Should Consider Investing:

• Investors seeking current income and long-term capital appreciation.
• Investors looking to align their investments with their social and environmental values.
• Investors comfortable with the risks associated with bond investing.

Fundamental Rating Based on AI:

• Rating: 7/10
• Justification: The ETF has a strong investment strategy, experienced management team, and first-mover advantage. However, the lack of performance data and limited track record adds uncertainty.

Resources:

• Northern Lights Fund Trust IV website: https://northernlightsfunds.com/etfs/inspire-corporate-bond-impact-etf/
• Bloomberg Terminal: Bloomberg Barclays US Corporate Bond Index data
• Morningstar: Competitor market share data

Disclaimer:

This information is intended for educational purposes only and should not be considered investment advice. Please consult with a qualified financial professional before making any investment decisions.