OneAscent Large Cap Core ETF (OALC) seeks to provide long-term capital appreciation by investing in large-capitalization U.S. companies that align with biblical values and ESG principles. The fund applies faith-based screening criteria to exclude companies involved in activities conflicting with Christian values while maintaining broad exposure to established American corporations.
How It Works
OALC employs an actively managed approach that combines fundamental analysis with values-based screening to select large-cap U.S. stocks. The fund excludes companies involved in abortion, pornography, gambling, tobacco, and other activities deemed inconsistent with biblical principles. Portfolio managers conduct ongoing research to identify quality companies with strong financial metrics while ensuring alignment with the fund's faith-based investment criteria. Holdings are typically rebalanced quarterly based on fundamental changes and values alignment.
Key Features
- Faith-based screening excludes companies involved in abortion, gambling, pornography, and other activities conflicting with Christian values
- Actively managed approach allows for tactical positioning and quality selection within values-compliant large-cap universe
- Recently launched in 2021 with 0.00% expense ratio, though this promotional rate may increase over time
Risks
- This ETF can lose value if large-cap U.S. stocks decline, potentially dropping 20-40% during market downturns like typical equity funds
- Values-based screening significantly reduces investment universe, potentially limiting diversification and excluding high-performing companies that don't meet criteria
- Active management introduces manager risk where stock selection decisions may underperform passive broad-market approaches over time
Who Should Own This
Best suited for faith-based investors with 5+ year time horizons seeking large-cap U.S. equity exposure aligned with Christian values. Medium-to-high risk tolerance required due to equity volatility and concentrated screening approach. Works as core holding (20-40% of equity allocation) for investors prioritizing values alignment over maximum diversification.