Not Enough Believers: Faith-Based ETF Folds Amid Industry Purge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2025
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Source: Benzinga
Liquidation of KOCG ETF: Faith Investor Services LLC plans to liquidate the FIS Knights of Columbus Global Belief ETF (KOCG) due to insufficient assets and trading volume, with final orders accepted until July 11, 2025, and distributions expected around July 18, 2025.
Industry Trend of ETF Closures: The shutdown of KOCG reflects a broader trend in the ETF industry where larger asset managers are closing underperforming and thematic funds, indicating a shift towards consolidating products that can achieve scale and efficiency amidst declining investor interest.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
