Pax Ellevate Global Women’s Index Fund Invest in Women

A FUND THAT INVESTS IN WOMEN

If you believe women should be better represented in the business world, you can put your money to work. The Pax Ellevate Global Women's Index Fund is the first broadly diversified mutual fund that invests in companies that are among the highest rated in the world when it comes to advancing women’s leadership.

THE BUSINESS CASE

Want to boost your bottom line? Add more women. Studies show that companies perform better when more women are in leadership roles. That's why we believe that investing in women isn't just the right thing to do – it's the smart thing to do.


RISKS: Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund’s portfolio management practices may not achieve the desired result. The Fund does not take defensive positions in declining markets. Accordingly, the Fund’s performance would likely be adversely affected by a decline in the Index. Investments in emerging markets and non-US Securities are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation, intervention and political developments. As this Fund can have a high concentration in some issuers the Fund can be adversely impacted by changes affecting issuers. There is no guarantee that the objective will be met and diversification does not eliminate risk.

 

**The annualized returns for the Pax Ellevate Global Women’s Index Fund – Individual Investor class as of 06/30/2017 were, 1 year: 16.46%, 3 year: 5.66%, 5 year: 11.02%, 10 year: 3.42%. The annualized returns for the Pax Ellevate Global Women’s Index Fund – Institutional class as of 06/30/2017 were, 1 year: 16.83%, 3 year: 5.93%, 5: year 11.31%, 10 year: 3.68%. The returns for the MSCI World Index as of 06/30/2017 were, 1 year: 18.20%, 3 year: 5.24%, 5 year: 11.38%, 10 year: 3.97%. The returns for the Pax Global Women’s Leadership Index as of 6/30/2017 were, 1 year: 17.42% and 3 year: 6.50%.

On 6/4/2014, the Pax World Global Women’s Equality Fund merged into the Pax Ellevate Global Women’s Index Fund (the Fund), pursuant to an Agreement and Plan of Reorganization dated March 4, 2014 (the “Reorganization”). Because the Fund had no investment operations prior to the closing of the Reorganization, Pax World Global Women’s Equality Fund (the “Predecessor Fund”) is treated as the survivor of the Reorganization for accounting and performance reporting purposes. Accordingly, all performance and other information shown for the Fund for periods prior to 6/4/2014 is that of the Predecessor Fund.