Timothy Plan launches three biblically screened ETFs

Timothy Plan, with sub‑advisor Victory Capital, launched three exchange‑traded funds today: the Timothy Plan Free Cash Flow ETF (TPFC), the Timothy Plan Free Cash Flow Growth ETF (TPFG) and the Timothy Plan Fixed Income ETF (TPFI).

TPFC and TPFG track indexes that apply a free cash flow screen to select companies that generate cash after operating costs and capital expenditures. TPFC follows the Victory Free Cash Flow BRI Index and targets high‑quality, free cash flow‑rich firms across sectors. TPFG follows the Victory Free Cash Flow Growth BRI Index and adds a forward‑looking growth filter to the free cash flow screen. Both equity ETFs carry an expense ratio of 59 basis points.

Free cash flow is calculated as operating cash flow minus capital expenditures. Firms with excess free cash flow can reinvest in operations, buy back shares, pay dividends or reduce debt. The methodology for TPFC and TPFG is modeled after Victory Capital’s quantitative VictoryShares strategies. VictoryShares Free Cash Flow ETF (VFLO) had about $6.7 billion in assets under management as of May 5.

All three funds apply Timothy Plan’s biblically responsible investing overlay. The BRI screen excludes companies involved in activities the firm views as inconsistent with traditional Christian values, including abortion, pornography, gambling and human rights violations. That overlay is the feature that differentiates TPFC and TPFG from comparable free cash flow strategies.

TPFI is an actively managed fixed‑income ETF with a 55‑basis‑point expense ratio. The fund seeks income through a mix of U.S. government, corporate and mortgage‑backed securities and uses portfolio construction aimed at limiting interest‑rate and credit risk. Timothy Plan and Victory Capital state the fund is intended to serve as a defensive ballast in investor portfolios while providing income.

Brian Mumbert, president of the Timothy Plan Trust and chief operating officer of Timothy Partners, Ltd., commented: “Investors are increasingly questioning what they actually own, not just how it performs.” He described the ETFs as a cost‑efficient option for investors seeking to align holdings with their values.

Timothy Plan reported more than $3 billion in assets as of April 7. VettaFi LLC serves as the index calculation agent for TPFC, TPFG and VFLO and receives a fee for that role; VettaFi is not the issuer, sponsor, endorser or seller of the Timothy Plan ETFs and has no obligation tied to their issuance, administration, marketing or trading.