Pax Ellevate Global Women’s Index Fund Invest in Women

Why an Index Fund?

The Pax Global Women’s Leadership Index* is the first index of its kind.  Pax World’s Gender Analytics team was uniquely positioned to lead the construction of this Index because of its deep experience and learning in the field of gender research and gender lens investing, including managing the Pax World Global Women’s Equality Fund, the predecessor to the Pax Ellevate Global Women’s Index Fund.   

Pax has long subscribed to the view that companies embracing gender diversity are better positioned to deliver stronger long-term performance.  Based on its years investing in this idea, however, Pax ultimately concluded that a broader, index-based strategy—where the universe of stocks is distinguished vis-à-vis the market as a whole by women’s leadership—might be the optimal way to measure and capture the contribution that gender diversity makes to business success over time.

Unfortunately, no such index existed. 

So, Pax World partnered with MSCI and built one. 

The Pax Global Women’s Leadership Index* is comprised of the top-rated companies in the world when it comes to advancing women. We want to measure how those companies perform versus the broader market, and we want our investors to capture the investment returns associated with what we believe will be the stronger performance of this universe of companies over the long term.

*A custom index based on MSCI World. One cannot invest directly in an index.

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.