TOV ETF (NYSE: TOV) Exceeds $250 Million in Assets in First Year after Launch

JLens, a Registered Investment Advisor that empowers investors to align their capital with Jewish values, today announced several milestones as 2026 approaches the half-year mark, including more than doubling assets since the inception in February 2025 of TOV, the pioneering Jewish values-oriented exchange-traded fund (ETF) sponsored by JLens, reflecting net investor inflows and market performance.

The JLens Jewish Investor Network – which includes many of the largest and most respected U.S. Jewish organizations – has expanded to a record 40 institutions, as well as more than 1,400 individual investors. The prominent institutions in the JLens Jewish Investor Network, include Federations, Jewish Community Foundations, nonprofit organizations, private foundations, day schools and synagogues, that together hold $15 billion in communal assets.

The 40th organization to join the Network was the Conference of Presidents of Major American Jewish Organizations, the recognized central coordinating body representing 50 diverse national Jewish organizations on issues of national and international concern.

“The Conference of Presidents is investing in the TOV ETF because Jewish communal capital should advance Jewish communal values. At a time when BDS and anti-Israel activism increasingly target corporate America, JLens gives our community a serious seat at the table through shareholder advocacy. This investment reflects our commitment to fighting antisemitism, supporting Israel, and using every responsible tool available to strengthen Jewish security,” noted Betsy Berns Korn, Chair, and William C. Daroff, CEO, Conference of Presidents of Major American Jewish Organizations.

Prominent national Jewish organizations, ADL Foundation and American Jewish Committee (AJC), are also counted among members of the JLens Jewish Investor Network.

"The growth of the JLens network is a testament to what the Jewish community can accomplish when we channel our values into action," said Jonathan Greenblatt, ADL CEO and National Director and an ex officio member of the JLens Board of Directors. "Antisemitism remains a serious and persistent threat in American life, which is precisely why it is so important that Jewish organizations bring these concerns into the corporate boardroom as investors.”

“JLens provides us an opportunity to invest our money in keeping with our most cherished values. It has been an invaluable partner in the battle against those who would enlist corporate America in their efforts to undermine the State of Israel's existence,” said Marc Stern, Chief Legal Officer, American Jewish Committee (AJC).

The statements above are from representatives of institutional investors in JLens strategies and are provided for informational purposes only. See below for full disclosure.

TOV Jewish Advocacy ETF Grows AUM to Over $250 Million

In another milestone, the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV; the “Fund”), a pioneering exchange-traded fund sponsored by JLens, has exceeded $250 million in assets under management as of March 31, 2026, just over one year since the Fund’s launch. The Fund, whose symbol “TOV” is the Hebrew word for “good,” aims to deliver performance that tracks broadly similar to other U.S. Large Cap index funds while voicing Jewish shareholder concerns in the corporate arena.

For the 1-year period ended March 31, 2026, TOV delivered a total return of 17.91% (NAV) and 17.57% (Market Price) compared to 17.80% for the S&P 500 Index over the same period. The Fund’s 3- and 5-year performance is not yet available given the Fund’s launch date of February 26, 2025; since inception returns are 10.74% (NAV) and 10.61% (Market Price).

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (1-800-617-0004).

“We are gratified to have the support of so many Jewish organizations, as well as institutional and retail investors,” said Ari Hoffnung, Managing Director of JLens. “We remain laser focused on JLens’ vital mission: giving shareholders the opportunity to ‘invest Jewishly’ and harnessing shareholder advocacy to help combat antisemitism and hate, support Israel and promote the Jewish value of Tikkun Olam (repairing the world).”

Advocacy Efforts to Combat Antisemitism and Hate

Mr. Hoffnung noted that, among its activities during the current 2026 proxy season, JLens sponsored a shareholder proposal calling on Meta Platforms to report on its policies to address antisemitism and other forms of online hate on its platforms and services. JLens’ advocacy also has extended to major corporations such as GE Aerospace, Intel Corporation, Chevron Corporation, and Alphabet, Inc. where it has actively opposed shareholder proposals that it believes are aligned with the goals of the Boycott, Divestment and Sanctions (BDS) movement.

Prominent Local Jewish Organizations Support JLens’ Mission

Institutions in the JLens Jewish Investor Network have invested more than $400 million in JLens' investment strategies as of March 31, 2026, through separately managed accounts offered by third-party advisors and the TOV ETF. This includes local Jewish organizations, in addition to national. The following statements reflect the views of certain institutional participants.

“Integrating Jewish values into the investment strategy for the Atlanta Jewish Foundation and Jewish Federation of Greater Atlanta has enabled us to engage donors, community partners, and stakeholders in more meaningful conversations around impact, demonstrating that aligning capital with mission is not only possible, but powerful,” stated Ghila Sanders, Vice President of Philanthropic Advisory, Atlanta Jewish Foundation.

“The Dallas Jewish Community Foundation is proud to stand alongside JLens in advancing Jewish values‑based investing. Through this partnership, we are able to support meaningful investor advocacy and engagement as well as contribute to a growing community of Jewish institutions committed to mission‑aligned stewardship of philanthropic capital. We applaud JLens for its leadership, and we are excited to recognize this milestone for the TOV ETF,” said Megan Hyman, CEO, Dallas Jewish Community Foundation.

"As the leading Jewish donor advised fund, Jewish Communal Fund is proud to offer TOV as an investment option for our Fundholders. Investing in a Jewish advocacy strategy allows individuals to align their assets with their values and amplify the impact of their philanthropic dollars,” commented Rachel Schnoll, CEO, Jewish Communal Fund, and Member of the JLens Board of Directors.

“What an honor it was to take part in TOV’s bell ringing ceremony on the New York Stock Exchange last December. It was a special day that celebrated the launch of TOV, an ETF focused on Jewish values and advocacy-based investing. We are so thrilled to have our Memphis community assets invested in TOV,” stated Laura Linder, President of Jewish Community Partners Memphis.

“Since adding the TOV ETF to our investment options, we have been very pleased with its role within our portfolio and how it provides a unique way to challenge antisemitism in a meaningful manner,” noted Barry Abels, Executive Director, Jewish Federation of Fort Worth & Tarrant County.

“As an early champion of the JLens network, the Jewish Federation of Greater Pittsburgh has witnessed firsthand how investing in the TOV ETF enables our community to put its values into action. We are proud to be part of a rapidly growing movement that is mobilizing capital, strengthening our collective voice, and making a meaningful difference in the fight against antisemitism,” commented Geoff Gerber, Chair of the Investment Committee at the Jewish Federation of Greater Pittsburgh’s Foundation.

“We are proud to offer JLens’ TOV ETF as an investment option for our fund holders because it provides a meaningful way to invest through a Jewish values lens and amplify the collective impact of their charitable dollars. This unique offering has even inspired some individuals and families to establish funds with us,” said Alene G. Sussman, Senior Director, Minnesota Jewish Community Foundation.

“The North Louisiana Jewish Federation is proud to align its investments with Jewish values. Our investment in the TOV ETF is directly tied to our core value of Tikkun Olam, repair of the world,” explained Barbara Joseph, Executive Director, North Louisiana Jewish Federation.

Additional members of the JLens Jewish Investor Network include: Center for Jewish Philanthropy of Greater Phoenix, Goodman Family Foundation, Howard and Geraldine Polinger Family Foundation, JewishColumbus, Jewish Community Foundation of Greater Hartford, Jewish Federation Bay Area, Jewish Federation of Greater Portland, Leichtag Foundation, Newton & Rochelle Becker Charitable Trust, and Oregon Jewish Community Foundation.

Important Disclosure Regarding Statements:
The statements above are from representatives of institutional investors in JLens strategies and are provided for informational purposes only. Testimonials may not be representative of the experience of other clients and are not indicative of future performance. No compensation was provided for these statements. Certain individuals quoted have roles or relationships with JLens, which are disclosed in connection with their statements. There is no guarantee that any investment or strategy will achieve its objectives or avoid losses.

About JLens
Founded in 2012, JLens is a 501(c)(3) nonprofit and Registered Investment Adviser that empowers investors to align their capital with Jewish values and advocates for Jewish communal priorities in the corporate arena. The JLens Jewish Investor Network brings together over 40 Jewish institutions holding $15 billion in communal assets. JLens serves as sub-adviser to the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV) and has data licensing agreements with select advisers for use in separately managed accounts (SMAs). Over $400 million is invested across the ETF and SMAs (as of 3/31/2026). In 2022, JLens established an affiliation with ADL (Anti-Defamation League), the leading anti-hate organization in the world. More at www.jlensnetwork.org.

About ADL
ADL is the leading anti-hate organization in the world. Founded in 1913 to protect the Jewish people, ADL works to stop the defamation of the Jewish people and secure justice and fair treatment to all. In the face of rising antisemitism and extremism, we protect, advocate, and educate, through a mix of programs and services using the latest innovations and technology, and seek to create a world without hate. More at www.adl.org.

About TOV ETF
The JLens 500 Jewish Advocacy U.S. ETF (TOV) empowers investors to combat antisemitism and hate, support Israel, and promote the Jewish value of Tikkun Olam (repairing the world) through shareholder advocacy. It aims to deliver performance comparable to index funds that track the 500 largest U.S. public companies. Empowered Funds (dba ETF Architect, LLC) is the Fund Advisor. For more information about the JLens 500 Jewish Advocacy U.S. ETF, please visit investjewishly.org.

Important information:

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information and should be read carefully before investing. To obtain a prospectus, please visit www.investjewishly.org.

Investing involves risk, including possible loss of principal. The Fund is subject to equity market risk, and its use of values-based criteria may affect investment exposures and performance relative to funds that do not use such criteria. There is no assurance that the Fund will achieve its investment objective.

Large-Capitalization Companies Risk. Large-capitalization companies may trail the returns of the overall stock market. Large-capitalization stocks tend to go through cycles of doing better – or worse – than the stock market in general. These periods have, in the past, lasted for as long as several years.

Jewish Values Investing Risk. The Index considers JLens’ Jewish Value Pillars in its index methodology and may exclude otherwise profitable investments in companies which have been identified as being in conflict with JLens’ Jewish Value Pillars. The Index does not select constituents for inclusion in the Index on the basis of future anticipated performance or capital appreciation, similar to traditional market capitalization-weighted indexes.

Responsible Investing Criteria Risk. Because the methodology of the Index selects securities of issuers using responsible investing considerations, the Fund may underperform the broader equity market or other funds that do not utilize responsible investing criteria when selecting investments.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision.

Performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance quoted. Returns assume reinvestment of dividends and capital gains. The S&P 500 Index is an unmanaged index of large-cap U.S. equities; it is not possible to invest directly in an index.

Empowered Funds, LLC (dba ETF Architect) serves as the Fund’s investment adviser. JLens serves as sponsor to the Fund but does not act as the investment adviser. The Fund is distributed by PINE Distributors, LLC, a broker-dealer registered with the U.S. Securities and Exchange Commission and a member of FINRA. PINE Distributors, LLC is not affiliated with JLens or Empowered Funds, LLC.

Membership in the JLens Jewish Investor Network does not constitute an endorsement of any specific investment strategy.

This material is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of the Fund, nor does it constitute investment advice. The views expressed are those of JLens as of the date of publication, are subject to change, and are based on publicly available information. Any forward-looking statements are subject to risk and uncertainty. JLens’ advocacy positions are values-based and are not intended as assessments of investment performance, or a guarantee of any particular investment, financial, or engagement outcome.

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