NEW YORK , December 15, 2009 –- NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, began trading two FaithShares Values Funds. The ETF’s are sponsored by FaithShares.
FaithShares Lists Two Values Funds on NYSE Arca
Name and Ticker Symbol of the Two Values Funds:
- FaithShares Baptist Values Fund- Ticker Symbol “FZB”
- FaithShares Lutheran Values Fund– Ticker Symbol “FKL”
FaithShares Baptist Values Fund
The Fund’s investment objective is to track the performance, before fees and expenses, of the FaithShares Baptist Values Index, a custom index by FTSE/KLD Research and Analytics, Inc. (“FTSE/KLD”) 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.
FaithShares Lutheran Values Fund
The Fund’s investment objective is to track the performance, before fees and expenses, of the FaithShares Lutheran Values Index, a custom index by FTSE/KLD designed to measure the performance of U.S. large capitalization companies that operate in accordance with the guidelines for social investing and shareholder advocacy recommended by the Evangelical Lutheran Church in America Board of Pensions.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 735 primary ETF and 50 primary ETV listings. Additionally, NYSE Arca lists 89 ETNs, 194 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 487 primary ETFs, 74 ETV listings, 4 ETN and lists a total of 11,713 Warrants and Certificates as of the end of October 2009.
About FaithShares (Source: FaithShares)3555 Northwest 58th Street, Suite 410 , Oklahoma City , Oklahoma , 73112 and is majority owned by its managing member, FaithShares Investment Management, LLC, an Oklahoma limited liability company whose members are Thompson S. Phillips, Jr. and J. Garrett Stevens.
FaithShares Trust has created 5 Exchange Traded Funds (ETF) to be managed by FaithShares Advisors, LLC., with portfolios that are each based on the respective tenets of the 5 largest Christian denominations in the United States. FaithShares Advisors, LLC, an Oklahoma limited liability company formed in 2009, is located at
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.