Capstone Asset Management Inc.

05/23/2026

Active vs. passive investing: What's the difference and when does each approach make sense? Our new article explores these investment philosophies, their respective strengths and trade-offs, and how active management works when combined with biblical research criteria. An educational comparison to help investors understand their options for values-based equity investing. Read more: https://www.capstoneassets.ca/blog/active-vs-passive-investing-biblical-values-active-managemen.html

Why TSX:BIVC and TSX:BIVU use active management for biblical investing. Learn why index funds can't apply Christian values criteria effectively.

05/16/2026

A group of Capstone team members recently volunteered at NightShift Ministries in Central Surrey, helping prepare and serve dinner to people in the community who could use some extra care.

NightShift has been on the ground in the Whalley neighbourhood every night since 2004, offering hot meals, warm clothing, counselling, nursing care, and most importantly, unconditional love to those experiencing poverty, addiction, and homelessness.

New friendships were made, smiles were shared, and the evening was a powerful reminder of what showing up for your neighbours looks like. A big thank you to everyone on the Capstone team who gave their time. You made someone's evening a little warmer and a little brighter.

04/24/2026

In our latest Your Wealth Matters update, we break down key market activity, emerging trends, and what they could mean for your financial strategy moving forward.

Take a few minutes to gain clarity and perspective for the months ahead.

Watch the full update: https://bit.ly/4sRczxW

If you’re reassessing your strategy this quarter, now is the time to stay informed.

Your Wealth Matters Q1 2026 Update

01/28/2026

Why two funds?

Canadian and U.S. markets offer different opportunities for investors. The Capstone Biblically Informed Canadian Equity Fund and Capstone Biblically Informed U.S. Equity Fund give you access to both markets with the same biblical research process applied to each.

The Canadian Fund focuses on Canadian equities, providing exposure to Canadian dividend-payers with tax advantages for Canadian investors. The U.S. Fund provides U.S. market exposure while remaining Canadian dollar-denominated - no currency conversion needed.

Both funds are managed by the same experienced team led by CIO Paul Carter, CFA. Both apply the same four biblical principles. Both undergo the same rigorous review by our BIO Committee. Both partner with Brightlight Impact for independent analysis.

The dual-fund structure lets you build a geographically diversified portfolio while maintaining consistent values alignment across both Canadian and U.S. holdings.

Whether you choose one fund or both, you get professional management, biblical research, and access to quality equity markets through a values-aligned approach.

Available as an ETF series on the TSX and through mutual fund series via advisor channels.

Learn more: https://bit.ly/4js1QXV

Simplified Prospectus available here: https://bit.ly/3N03WCe

01/27/2026

How do we move from biblical principles to actual stock selections for Biblically Informed Investment Funds?

It starts with our Biblical Overlay Policy. This framework guides our dedicated analyst in researching companies, identifying those aligned with Christian values, and excluding those deriving revenue from activities inconsistent with biblical principles.

Companies are evaluated on practices related to valuing all human life, stewarding creation responsibly, encouraging human flourishing, and applying biblical wisdom.

Our BIO Committee reviews and approves every stock before it's included in the funds. We also partner with Brightlight Impact, an independent resource performing analysis to support our decision-making.

This multi-layered process combines rigorous fundamental financial analysis with thoughtful biblical research. Human judgment matters. We acknowledge the complexity of applying biblical principles in an imperfect world and seek to invest in companies that are at least morally neutral and ideally aligned with biblical values.

The full Biblical Overlay Policy is available at https://bit.ly/4qLpCk5 for those who want to understand our methodology in detail.

Simplified Prospectus available here: https://bit.ly/4q5m77X

01/26/2026

The people behind every stock selection in Capstone Biblically Informed Equity Funds.

Our Biblically Informed Oversight (BIO) Committee brings together four members with 100+ years of combined experience in investment management, biblical studies, and faith-based leadership. One independent external member provides objective oversight outside of Capstone's day-to-day operations.

This committee reviews and votes on every stock selection from a biblical perspective. Research compiled by our dedicated analyst, informed by our partnership with Brightlight Impact, is submitted to the BIO Committee for review and approval before any stock is included in the funds.

The committee's role is critical: they ensure that stocks align with our Biblical Overlay Policy and reflect the four principles guiding our research - valuing all human life, stewarding creation responsibly, encouraging human flourishing, and applying biblical wisdom.

This governance structure gives you confidence that investments have been thoroughly reviewed from both financial and biblical perspectives. It's one of the ways we pursue both excellence in investment management and integrity in biblical stewardship.

Simplified Prospectus available here: https://bit.ly/4jtj8Uw

01/21/2026

How we research every stock for Capstone Biblically Informed Equity Funds.

The investment process combines four components:
1. Fundamental Financial Analysis Traditional equity research focused on company fundamentals, financial health, and long-term value creation. Our portfolio managers conduct active, value-oriented research on each equity.
2. Biblical Overlay Policy Application Our dedicated analyst applies biblical research criteria to identify companies aligned with Christian values. This includes excluding companies deriving revenue from activities inconsistent with biblical principles and seeking companies demonstrating positive practices.
3. BIO Committee Review Four experienced members with 100+ years of combined experience review and vote on every stock selection from a biblical perspective. One independent external member ensures objective oversight. Research is compiled and submitted to this committee for approval before any stock is included in the funds.
4. Third-Party Research Consultation Capstone partners with Brightlight Impact, an independent third-party resource that performs independent analysis in addition to our research to support decision-making.

This multi-layered approach combines investment discipline with values alignment. It's how we pursue long-term financial goals while maintaining biblical stewardship.

Simplified Prospectus available here: https://bit.ly/49xpaiu

01/20/2026

Understanding your options with Capstone Biblically Informed Canadian Equity Fund & Capstone Biblically Informed U.S. Equity Fund

Capstone Biblically Informed Canadian Equity Fund:
- Invests primarily in Canadian equities
- Managed through the Capstone Canadian Equity Strategy
- Focuses on quality dividend-paying securities
- Tax-advantaged income for Canadian investors
- Available as ETF series (TSX:BIVC) and mutual fund series

Capstone Biblically Informed U.S. Equity Fund:
- Invests primarily in U.S. equities
- Canadian dollar-denominated
- Available as ETF series (TSX:BIVU) and mutual fund series

Both funds apply biblical research alongside traditional financial analysis. The multi-series structure ensures broad accessibility across the Canadian market - whether you work with a financial advisor or use a discount brokerage platform.

The ETF series launched on October 30, 2025, on the Toronto Stock Exchange, representing Canada's first biblically informed ETFs. The mutual fund series provides the only broadly available and accessible biblically informed investment options through advisor channels nationwide.

All series are eligible for registered and non-registered accounts.

Learn more about fund structure and access: https://bit.ly/4qAU543

Simplified Prospectus available here: https://bit.ly/4pu44Y9

01/19/2026

Advisors: Resources are ready for your due diligence process.

Many of your clients have expressed interest in investment options aligned with Christian values. The Capstone Biblically Informed Canadian Equity Fund and Capstone Biblically Informed U.S. Equity Fund provide a professionally managed solution.

What makes these funds accessible for your practice:
- Multiple series available through advisor channels and discount brokerage platforms
- The ETF series represents Canada's first biblically informed ETFs on the TSX
- Mutual fund series available through traditional advisor channels
- Comprehensive due diligence materials, including Biblical Overlay Policy, fund facts, and prospectus

The funds are managed by the same team that has delivered strong performance with the Capstone Canadian Equity Income Strategy since October 2022. Led by CIO Paul Carter, CFA, alongside Associate Portfolio Manager Harrison Cho and Analyst Micheline Lybbert, BBA.

Kingdom Advisors and financial professionals have particularly sought Canadian-domiciled biblically informed investment options for clients. These Funds provide that solution.

Access due diligence materials here: https://bit.ly/4jymeqq

Simplified Prospectus available here: https://bit.ly/3N07OTP

01/17/2026

How companies steward creation matters to us.

This principle is one of four that guide our research for our Biblically Investment Funds. We evaluate how companies develop and care for creation as part of their business operations.

The four biblical principles shaping our investment decisions:
1. Valuing all human life - respecting the sanctity and dignity of human life
2. Stewarding creation responsibly - responsible development and care for creation
3. Encouraging human flourishing - supporting practices that promote well-being
4. Applying biblical wisdom - aligning with Christian values

These principles inform our Biblical Overlay Policy, which guides every research decision. Our dedicated analyst applies this policy to identify companies aligned with Christian values, while our BIO Committee reviews and approves all stock selections from a biblical perspective.

Capstone acknowledges the complexity of applying biblical principles to investment decisions in an imperfect world. The research process involves human judgment and interpretation. No company operates perfectly, and our approach seeks to invest in companies that are at least morally neutral and ideally aligned with biblical values such as justice, kindness, and humility (Micah 6:8).

This conviction shapes how we build portfolios - combining professional investment management with biblical stewardship.

Review our full Biblical Overlay Policy: https://bit.ly/49D8WW5

Simplified Prospectus available here: https://bit.ly/45GjMYV