/EINPresswire.com/ -- IRVINE, CA--(Marketwired - October 21, 2015) -

• Newly announced funds launched as part of IFA's Investing for Catholics (IFC) division
• IFC Risk-based Funds are designed to both complement the Target Date Fund lineup, as well as to provide a suitable investment alternative for Catholic defined benefit plans
• New funds are scheduled to go live January 1, 2016

Investing for Catholics, a division of Irvine-based wealth management firm, Index Fund Advisors (IFA), recently announced its latest innovation for Catholic investors who seek to align their retirement investment strategies with their ethical values: IFC Target Date and Risk-Based Collective Funds. IFC debuted the funds at the recent annual Catholic Diocesan Fiscal Managers Conference (DFMC) held on September 27 in Atlanta, fresh on the heels of Pope Francis' historic visit to the United States.

"The IFC Target Date funds are thoughtfully designed to invoke the simplicity of low-cost, easy-to-use managed solutions, with one major differentiator -- the stock funds used in the IFC funds closely match the guidelines for socially responsible investing as laid out by the United States Conference of Catholic Bishops (USCCB)," said Investing For Catholics' Vice President, Mary Brunson. "This distinction makes the funds an excellent default investment for plans, and marks a significant advancement for Catholic retirement," she stated.

The IFC Risk-based Funds are designed to complement the Target Date Fund lineup, while providing a suitable investment alternative for Catholic defined benefit plans. The funds are available for investment by eligible qualified retirement plan trusts only. These include 403(b) church plans.

"Index Fund Advisors is proud to offer these new Target Date Funds, through our Investing for Catholics division," says Mark Hebner, President and CEO of Index Fund Advisors. "The fiduciary standard of care that IFA is known for and the values-based investing products that IFC offers are fully aligned with one another in terms of delivering what's ethically in the best interest of our clients."

IFC developed the daily valued funds in collaboration with their trustee and sponsor Hand Benefits & Trust, a BPAS Company, and based them on IFC's prudent and socially responsible investment strategies. The new funds are scheduled to go live January 1, 2016, and will be accessible to employees of Catholic organizations through their retirement platforms. Reporting for quarterly holdings and monthly performance returns will be available through Morningstar.

For more information about Investing for Catholics, visit http://www.investingforcatholics.com/. To learn more about Index Fund Advisors, visit http://www.ifa.com.

For media inquiries, please contact ifa@ficommpartners.com.

About Index Fund Advisors

Index Fund Advisors, Inc. (IFA) is a fee-only investment advisory and wealth management firm founded in 1999 that provides risk-appropriate, globally diversified, passive investment strategies and wealth services to individuals and institutions with a fiduciary standard of care. Headquartered in Irvine, CA, IFA serves over 2,100 clients throughout the country and manages $2.56 billion in assets as of September 30, 2015. For more information, please visit http://www.ifa.com.

About Investing For Catholics

Investing for Catholics (IFC) is a division of Index Fund Advisors, Inc. (IFA), a fee-only registered investment advisor. IFC was launched in 2009 to bring IFA's thought leadership and diversified approach to prudent investing to Catholic organizations. Today, IFC's faith-consistent investment strategies are implemented in the retirement plans of (arch) dioceses, religious orders and Catholic clients across the country. For more information, please visit http://www.investingforcatholics.com/.

About the CIFs

The CIFs are not mutual funds. Their shares are not deposits of Hand Benefits & Trust Company, a BPAS company, or Investing for Catholics a division of Index Fund Advisors, and are not insured by the Federal Deposit Insurance Corporation or any other agency. The CIFs are securities that have not been registered under the Securities Act of 1933 and are exempt from investment company registration under the Investment Act of 1940. The IFA Target Date and Allocation series of CIFs are new and do not have actual performance data reporting.

Contact information:

FiComm Partners

Jason Lahita
(973) 460-7837
jason.lahita@ficommpartners.com

Yani Altagracia Pena
(917) 639-5294
yani.pena@ficommpartners.com

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