Faithshares Trust To Begin Trading FaithShares Baptist Values Fund (FZB) Tomorrow

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December 14, 2009 1:40pm NYSE:FZB

baptistFaithShares trust will begin trading its Baptist Values Fund (FZB) Tuesday, December 15th. The Fund’s investment objective will be to track the performance, before fees and expenses, of the


FaithShares Baptist Values Index, a custom index by FTSE/KLD. It should be noted that “The Fund may change its investment objective without shareholder approval.”

Principal Investment Strategies:
The Fund employs a “passive management” investment strategy designed to track the total return performance of the FaithShares Baptist Values Index, a custom index by FTSE/KLD (the “BV Index” or “Index”). The BV Index is designed to measure the performance of U.S. large capitalization companies that are in accordance with the guidelines for social screening recommended by the General Board of American Baptist Churches. The BV Index has a zero-tolerance policy for companies involved in gambling, defense, tobacco, alcohol, pornography, and/or abortion. As of June 18, 2009, the BV Index was comprised of 100 equally weighted securities.

FaithShares Advisors, LLC (the “Adviser”) will normally invest at least 80% of the Fund’s total assets in securities that comprise the BV Index or in securities that the Adviser has determined have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the BV Index. This is a non-fundamental policy that may be changed upon 60 days’ prior written notice to shareholders. The Fund generally will invest in all of the securities comprising the BV Index in proportion to the weightings in the BV Index although, under various circumstances where it may not be possible or practicable to purchase all of the securities in the BV Index, the Adviser may utilize a sampling methodology. Sampling means that the Adviser uses quantitative analysis to select securities that represent a sample of the securities in the BV Index that have a similar investment profile as the BV Index in terms of key risk factors, performance attributes and other characteristics. The Fund may also invest its other assets in securities not included in the BV Index, but which the Adviser believes will help the Fund track the BV Index, as well as in certain futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The Fund will generally concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or sector to approximately the same extent that the BV Index is so concentrated.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Management Fee
    0.87 %
Distribution and Service (12b-1) Fees
    0.00 %
Other Expenses1
    0.00 %
Total Annual Fund Operating Expenses
    0.87 %

For the full prospectus click: HERE

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