The Pax Ellevate Global Women's Index Fund seeks to capture the investment returns associated with gender diversity and women’s leadership. It allows investors to invest in companies that:
Research shows that companies that embrace gender diversity on their boards and in management often experience improved performance and profitability as a result. Consider the following:
Investors now have a choice:
If you believe, as we do, that women’s leadership is vital to long-term business success, you can invest in the highest-rated companies in the world in advancing women.
The choice is yours: If you want to invest in women, if you want to direct capital to companies that invest in women, if you want to share in their success, then perhaps the Pax Ellevate Global Women's Index Fund is the right mutual fund for you.
1 Return on equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders' equity.
2 The price-book value ratio is the ratio of the market value of equity to the book value of equity. Price stands for the current market price of a stock. Book value is the total assets minus liabilities, or net worth, which is the accounting measure of shareholders' equity in the balance sheet.
3 Return on invested capital (ROIC) is a profitability ratio. It measures the return that an investment generates for those who have provided capital, i.e. bondholders and stockholders. ROIC gauges how well a company does turning capital into profits.
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.