Impact investment firm Inspire Investing has launched the Inspire 100 ETF (NYSE Arca: BIBL), bringing the total number of funds within its range of biblically aligned ETFs to four.

There are now four ETFs within Inspire’s biblical values suite.

The fund tracks the Inspire 100 Index which, similar to other Inspire funds, utilizes the firm’s proprietary Impact Score methodology to identify companies making a positive social impact on the world. The index selects 100 US large cap firms (possessing a market capitalization greater than $20 billion) with the highest Impact Scores, and weights them by market cap. Rebalances occur on an annual schedule.

According to the fund’s prospectus, BIBL is managed according to biblically responsible investing (BRI) standards seeking to create meaningful impact in the world and helping investors align their investments to support biblical values.

The prospectus goes on to say that the Impact Score methodology identifies companies doing amazing things like working to cure cancer, providing clean water solutions and otherwise being a blessing to their communities, customers, workforce and the world, while at the same time avoiding investments in companies involved in immoral activities like abortion, pornography and human trafficking.

Inspire notes the fund may serve as a core equity holding in a portfolio, and any accrued dividends are paid out quarterly.

The fund has a total expense ratio (TER) of 0.35% due to a contractual fee waiver in place until 31 March 2018. Its gross expense ratio is 0.61%.

The other ETFs currently offered by Inspire are the Inspire Global Hope ETF (NYSE Arca: BLES), the Inspire Small/Mid Cap Impact ETF (NYSE Arca: ISMD) and the Inspire Corporate Bond Impact ETF (NYSE Arca: IBD).

The firm recently reported that its ETF suite has passed $100 million in assets under management (see: “Inspire’s biblical ETFs break $100m in AUM”).