Pax Ellevate Global Women’s Index Fund Invest in Women

News

Press Releases

Pax World Persuades Companies to Advance Pay Equity
March 22, 2017

Media Mentions

The Wall Street Journal - The Morning Risk Report: Gender Pay Equality Proposals on the Rise
March 16, 2017

The Wall Street Journal’s Mara Lemos Stein highlights Pax’s work to bridge the gender pay gap through targeted shareholder proposals.

Read the full article here.

Responsible Investor – PRI’s Fiona Reynolds: Stock exchanges push the envelope on gender equality
March 08, 2017

Fiona Reynolds, Managing Director of the Principles for Responsible Investment, points to the Pax Ellevate Global Women’s Index Fund as an example of a gender-focused fund helping to “push the envelope” on gender equality.

Read the full article here.

Responsible Investor – RI Interview - Sallie Krawcheck: Wall Street is going backwards on diversity, but investors should be looking at the data
March 08, 2017

Pax Ellevate Chair Sallie Krawcheck sits down with Responsible Investor’s Vibeka Mair to discuss Wall Street’s questionable progress on diversity and how investors can make a difference.

Read the full article here.

New Hampshire Business Review - Kathleen McQuiggan, 2016 Outstanding Woman in Business
February 17, 2017

Pax World’s Kathleen McQuiggan was recently honored by the New Hampshire Business Review (NHBR) as a 2016 Outstanding Woman in Business. She spoke with NHBR’s Liisa Rajala to discuss her career, her efforts to advance gender equality in the workplace, and her advice for young women professionals.

Read the full article here.

Press Releases

Pax World Announces Annual Reconstitution of the Pax Global Women's Leadership Index
December 01, 2016

Pax Ellevate Global Women's Index Fund Crosses $100 Million in Assets
September 06, 2016

Pax Ellevate Global Women's Index Fund Outperforms Global Markets Over Two-Year Period
July 19, 2016

Pax World Takes Action to Close Gender Pay Gap at U.S. Companies
April 12, 2016

Pax World Advances Gender Diversity at Cognizant Technology Solutions
March 29, 2016

Pax Global Women's Leadership Index Outperforms Global Market Over Two-Year Period
March 08, 2016

Pax World and Arjuna Capital Commend Apple for Making Strides Toward Pay Equity
March 03, 2016

Pax Ellevate Urges SEC to Take Action on Pay Equity
February 04, 2016

Media Mentions

Fund Strategy – Earnings per share jump 37% with female board members – MSCI
December 14, 2016

Jessica Tasman-Jones of Fund Strategy highlights the Pax Ellevate Global Women’s Index Fund and Pax Senior Vice President for Sustainable Investing Julie Gorte’s thoughts on diverse leadership boards boosting companies’ financial performance.

Read the full article here.

Bloomberg – Goldman, Citigroup Targeted by Diversity Activists in 2017
December 06, 2016

Laura Colby of Bloomberg speaks with Pax’s Lead Sustainability Research Analyst Heather Smith for her preview of pay equity activism at large financial institutions in 2017, including Pax’s forthcoming initiatives at BNY Mellon and Goldman Sachs.

Read the full article here.

Financial Times - The business of women
December 06, 2016

Pax World CEO Joe Keefe discusses the business case for investing in women, the growth of gender lens investing, and the Pax Ellevate Global Women’s Index Fund with Sarah Murray for the Financial Times’ special “FT Wealth” report.

Read the full article here. (Subscription required)

Responsible Investor – RI Interview: Pax World’s Keefe on the importance of gender lens investing
November 30, 2016

Responsible Investor’s Vibeka Mair interviews Pax World and Pax Ellevate CEO Joe Keefe on building the industry’s first gender index, the growth of gender lens investing and why tackling gender equality is both a moral and financial imperative.

Read the full article. (Subscription required)

Bloomberg BRIEF: Sustainable Finance - How Much Is a Female CEO Worth to Investors?
September 28, 2016

Pax Ellevate Chair Sallie Krawcheck shares her thoughts on the value female CEOs and leadership provide investors in Bloomberg’s weekly newsletter on sustainable and ESG investing, Bloomberg BRIEF: Sustainable Finance.

Read the full article here.

Fast Company - Four Reasons Why Gender Equality In The Workplace Is Closer Than You Think
September 28, 2016

More women are investing in each other's success, writes Sallie Krawcheck in this Fast Company article, putting gender parity in closer reach than ever before.

Read the full article here.

Fund Action - Investing In Demographics A Key Long-Term Play
September 06, 2016

The Pax Ellevate Global Women’s Index Fund is featured in an article in Fund Action focusing on demographic-themed products as long-term investments.

Read the full article here (subscription required).

Inside Philanthropy – Capital Women: 9 Gender Lens Investors to Know About
June 06, 2016

For their work on the issues of gender equality and investing in women, Pax Ellevate CEO Joe Keefe and Pax Ellevate Chair Sallie Krawcheck both earned a spot on Inside Philanthropy’s list of “9 Gender Lens Investors to Know About.”

Read the full article here.

Bloomberg - For Southern Europe Returns, Drop the Macho and Embrace Feminism
May 03, 2016

Pax World Senior Vice President for Sustainable Investing Julie Gorte discusses how companies with more diverse boards outperform those with male-dominated boards, especially in southern Europe, where board diversity is relatively low.

Read the full article here.

Green Money Journal – Are You Ready to Invest in Women?
March 30, 2016

Kathleen McQuiggan, Pax Ellevate’s Managing Director, encourages business executives, investors, and financial advisors to invest in women in an article for Green Money Journal.

Read the full article here.

The National Law Review – Comment Letter Requests SEC Require Public Companies To Furnish Gender Pay Ratio Data To Investors
March 28, 2016

Proskauer Rose LLP attorneys Steven J. Pearlman and Laura M. Fant analyze Pax Ellevate’s February 1, 2016 letter to the SEC on pay equity disclosure for The National Law Review.

Read the full article here.

The Wall Street Journal – At SEC, Petition Calls for Gender Pay Ratio Disclosure
March 18, 2016

Pax World and Pax Ellevate CEO Joe Keefe discusses Pax Ellevate’s recent letter to the SEC calling for the agency to require public companies to disclose gender pay ratios on an annual basis.

Read the full article here.

The statements and opinions expressed in the article are of the author and as of the date of this article.

Financial Advisor – Like-Minded People with Purpose and Passion
March 07, 2016

Pax Ellevate’s Managing Director Kathleen McQuiggan and VP of Advisor Sales Kelly Coyne participated in a Q&A on the topics of millennials and sustainable investing.

Read the full article here.

The Huffington Post - Here's What Happened When We Asked Elon Musk About Equal Pay For Women
February 29, 2016

Pax World Senior Vice President for Sustainable Investing Julie Gorte comments on Pax Ellevate’s recent letter to the SEC on gender pay ratio disclosure, as well as how pay disclosure can help alleviate the gender wage gap.

View the full article here.

Compliance Week - SEC Petitioned for Gender-Based Pay Ratio Disclosures
February 12, 2016

Joe Mont of Compliance Week covers Pax Ellevate Management’s letter to the SEC calling for a rule that would require companies to disclose their gender pay ratios annually.

Read the full article here.

New Hampshire Union Leader – Port City mutual funds manager fights to close pay gap for women
February 11, 2016

Pax Ellevate CEO Joe Keefe talks to Kimberley Haas of the New Hampshire Union Leader about Pax Ellevate’s recent letter to the SEC calling for gender pay disclosure rules, and about the greater issue of gender inequality in the workplace.

Read the full article here.

Bloomberg BRIEF: Sustainable Finance – Investor Asks SEC for Gender Pay Disclosures
February 11, 2016

Pax Ellevate Management’s letter to the SEC requesting that the agency require disclosure of gender pay ratios is featured in Bloomberg’s newsletter on sustainable finance news, Bloomberg BRIEF: Sustainable Finance.

Read the full article here.

Press Releases

Pax World Announces Annual Reconstitution of the Pax Global Women's Leadership Index
December 01, 2015

Pax Ellevate Global Women's Index Fund Outperforms its Index for the One-Year Period Ending September 30
November 10, 2015

Pax Ellevate Global Women's Index Fund Awarded Wealth Management 2015 Industry Award
September 25, 2015

Pax Ellevate Asks Global Women's Index Fund Companies to Endorse Women's Empowerment Principles
March 09, 2015

Media Mentions

U.S. News & World Report – 10 Investing Tips From Successful Women
December 17, 2015

Kathleen McQuiggan, Pax Ellevate's Managing Director, offers one of ten investing tips in this U.S. News & World Report story about women, investing and financial success by Lou Carlozo.

Read the full article here.

Financial Advisor – Flak Over Female Funds
December 01, 2015

Pax Ellevate's Managing Director Kathleen McQuiggan and Pax World’s Senior Vice President Julie Gorte recently discussed gender lens investing strategies for a piece about women-focused investment funds with Financial Advisor’s Karen DeMasters. The article covers both Pax World’s gender lens investing strategies, as well as why investors should choose companies with greater gender diversity.

Read the full article here.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance for most recent month-end performance information.

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.

New Hampshire Business Review - Holding women back holds us all back
November 27, 2015

Joe Keefe, President and CEO of Pax World and Pax Ellevate, shared his thoughts on gender equality at the recent New Hampshire Women’s Foundation Women Building Communities Luncheon.

Read the full article here.

InvestmentNews - Investing in women a worthy strategy
November 22, 2015

Managing Director Kathleen McQuiggan discusses how financial advisers can invest in women and practice gender lens investing in a recent InvestmentNews byline.

Read the full article here.

WealthManagement.com – Pax Ellevate Global Women’s Index Fund: Invested in Diversity
October 28, 2015

Managing Director Kathleen McQuiggan was recently quoted in a WealthManagement.com article on the Pax Ellevate Global Women’s Index Fund, and Pax Ellevate Management’s recent Wealthmanagement.com Outstanding Achievement in Equities award win.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance tab for most recent month-end performance information.

Read the full article here.

CNBC.com - How Yahoo’s Marissa has more investors betting on women
October 08, 2015

The Pax Ellevate Global Women’s Index Fund (PXWEX) was recently included in a CNBC.com article discussing the idea that women-led companies, or at least those with women in management, as a class perform better over time.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance for most recent month-end performance information.

Read the full article here.

Bloomberg Brief – Family Leave Policy Disclosure Is a Mark of a 'Well-Managed Company': Pax's Gorte
October 08, 2015

In a Q&A for Bloomberg BRIEF, Julie Gorte, senior vice president of sustainable investing at Pax World, discussed the Pax Ellevate Global Women's Index Fund (PXWEX), and the growing trend of companies offering more generous family-leave policies.

Diversification does not eliminate the risk of experiencing investment losses.

Read the full article here.

JustMeans - Making Supply Chains Safer with Gender Equality Principles
October 06, 2015

Pax World President & CEO Joe Keefe discussed the importance of the Women’s Empowerment Principles and gender equality with JustMeans.

Read the full article here.

Bloomberg News – Stock Tip: Try Betting On Companies Led by Women
September 11, 2015

The Pax Ellevate Global Women’s Index Fund (PXWEX) was recently cited and Joe Keefe, president and CEO of Pax World, was quoted in a Bloomberg News article that explores how public companies with a relatively high percentage of women in power, as well as the funds in which they reside, perform better than those dominated by men.

View the full article here.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance page for most recent month-end performance information.

The New York Times – With an Eye to Impact, Investing Through a 'Gender Lens'
August 14, 2015

The Pax Ellevate Global Women’s Index Fund (GWIF) was recently mentioned in an article in The New York Times on the significant role that gender plays in impact investing. GWIF was noted as an example of a mutual fund that invests with a gender lens.

View full article here.

VIDEO: CNBC – Fund bets on women, key to market gains?
July 06, 2015

CNBC recently featured Pax Ellevate Chair Sallie Krawcheck on her partnership with CEO Joe Keefe to create the Pax Ellevate Global Women’s Index Fund. Sallie notes that companies with greater gender diversity and leadership tend to have higher ROEs, lower risk, greater innovation, greater client focus, and greater long-term focus.

View the full video here.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance page for most recent month-end performance information. For most recent month-end holdings, please visit here. The S&P 500 Index is an unmanaged index of large capitalization common stocks. One cannot invest directly in an index.

Money Management Intelligence – Morningstar Investment Conference: Understanding Women Investors
June 25, 2015

Pax World Senior Vice President, Global Women’s Strategies and Pax Ellevate Managing Director Kathleen McQuiggan was recently cited in an article summarizing a pre-conference panel that she participated in as part of the 2015 Morningstar Investment Conference. The piece quotes Kathleen on how women want to “have some social impact with their investments.”

CSRwire Talkback Blog - Unleashing the Greatest Period of Economic Growth with Gender Equality
June 16, 2015

Pax World and Pax Ellevate CEO Joe Keefe was recently profiled on CSRwire (The Corporate Social Responsibility Newswire) where he makes the business case for gender diversity. He argues that promoting women into leadership roles will not only improve a company’s financial position, but also send a powerful message and set an example for other organizations to follow.

Read the full article here.

ThinkAdvisor - Sallie Krawcheck: Ellevating Leadership - The 2015 IA 35 for 35
May 21, 2015

ThinkAdvisor recently honored Sallie Krawcheck on their IA 35 for 35 list for her recent advocacy on the importance of women in management and in the financial industry. Sallie is quoted saying that the financial industry will have to “think differently” to attract, approach and engage with women.

Read the full article here.

InvestmentNews - Fund managers need to flex voting muscles to force boards to appoint more women
May 03, 2015

InvestmentNews featured our CEO Joe Keefe’s byline on the need for fund managers to recognize the benefits of board diversity. Joe uses BlackRock Inc.’s recent revisions to their proxy voting guidelines as well as substantial research to support his claims.

Read the full article here.

Huffington Post - Does American Business Need a Revolution to Get More Women in Leadership?
April 29, 2015

Pax Ellevate Chair Sallie Krawcheck and the Pax Ellevate Global Women’s Index Fund were featured in a Huffington Post article on the need for a “revolution” to truly move the needle on gender equality in American business. The piece highlights the Fund for investing in “the highest-rated companies globally for advancing women.”

Read the full article here.

The Washington Post - Why the retirement savings crisis is also a women's crisis
April 24, 2015

The Washington Post recently published a byline from Pax Ellevate Chair Sallie Krawcheck on why the retirement savings crisis should also be viewed through the gender lens. Sallie highlights how women typically retire with just two-thirds of the savings that men do, yet also tend to live six to eight years longer. Studies show that if women were fully engaged in the U.S. economy, GDP would rise by 9%.

Read the full article here.

New York Times – Female Board Members Are Good for Business
April 01, 2015

The New York Times recently featured a byline by Brande Stellings, Vice President of Corporate Board Services at Catalyst, on the business benefits of having female board members. Stellings mentions the Pax Ellevate Global Women’s Index Fund as a fund that is acting on the research that supports her claim.

Read the full article here.

Huffington Post –Male Business Leaders Need to Support Women's Empowerment
March 25, 2015

Huffington Post recently published the co-written byline by Pax World CEO Joe Keefe and Australia’s Sex Discrimination Commissioner Elizabeth Broderick on how male leaders can support female empowerment. The piece was written in connection with the Women’s Empowerment Principles annual event in New York.

Read the full article here.

Foster’s Daily Democrat – Pax fund asks firms to sign
March 20, 2015

Foster’s Daily Democrat featured the news that Pax Ellevate is sending letters to companies in the Global Women’s Index Fund encouraging them to sign on to the Women’s Empowerment Principles (WEPs). The piece talks about the letters in conjunction with the WEPs annual event.

Read full article here.

Seacoast Online – Pax Ellevate promotes Women's Empowerment Principles
March 18, 2015

Seacoast Online recently featured the news that Pax Ellevate is sending letters to companies in the Global Women’s Index Fund encouraging them to sign on to the Women’s Empowerment Principles (WEPs). The piece talks about the letters in conjunction with the WEPs annual event.

Read the full article here.

Responsible Investor – Gender diversity: the issue to watch in 2015!
March 18, 2015

Our Lead Sustainability Research Analyst, Heather Smith, recently published a piece in Responsible Investor on gender diversity as the issue to watch in 2015. Heather cites that there is reason to be optimistic; the tipping point for gender diversity in corporate leadership may not be as far away as we think.

Read the full article here.

The CSR Minute – Corporations Committed to Gender Diversity Asked to Sign on to U.N. Women’s Empowerment Principles
March 09, 2015

The CSR Minute featured Pax Ellevate’s recent work to encourage companies in the Global Women’s Index Fund to endorse the Women’s Empowerment Principles. The letter writing effort was organized in conjunction with the WEPs 2015 Annual Event.

Read the full article here. Watch video.

SAYRA Magazine – Investing in Women
March 04, 2015

Our CEO Joe Keefe, and Pax Ellevate Chair Sallie Krawcheck were recently featured in an article in SAYRA Magazine, from Lebenthal Holdings. The article discusses three gender-focused products that have hit the market in the last year, including the Pax Ellevate Global Women’s Index Fund. The article illustrates that the business case for investing in women is becoming mainstream, and outlines the history of the Pax Ellevate Global Women’s Index Fund from an actively managed fund to a first-of-its-kind index fund.

Read the full article here. See the top ten holdings for the fund.

Performance data quoted represent past performance, which does not guarantee future results.

Fast Company – Meet Three Men Working for Gender Equality at Their Companies
March 03, 2015

Our CEO Joe Keefe was recently featured in an article as one of three male business leaders who champion gender diversity in the workplace. Joe discusses the need for CEOs to prioritize gender diversity, based on the research that shows that giving women more seats at the table is more than just the right thing to do—it is also the smart thing to do.

Read the full article here.

Thomson Reuters – Executive Perspective: The smart way to divest fossil fuels
March 03, 2015

Our Senior Vice President, Sustainable Investing Julie Gorte, and Chief Investment Officer Steve Falci’s byline on the smart way to divest from fossil fuels was recently featured on Reuters Sustainability. The piece criticizes a study commissioned and funded by the Independent Petroleum Association of America that was featured in a recent New York Times story, “Study Claims Oil Divestiture May Hurt College Endowments.” Julie and Steve share evidence which supports the idea that it is possible to achieve competitive returns while also divesting fossil fuel companies from investment portfolios.

Read the full article here.

Wall Street Journal – The Case for Diversity in Financial Planning
February 26, 2015

The Pax Ellevate Global Women’s Index Fund was cited in a column that highlights the case for diversity as an investment concept. The author cites research that points to gender diversity’s positive impact on a company’s bottom line, and states her belief that diversity will be a strong story for investors in the future.

Read the full article here.

Huffington Post Women – Cherchez the Story, Not La Femme
February 26, 2015

Pax World Senior Vice President, Sustainable Investing, Julie Gorte, and Lead Sustainability Research Analyst Heather Smith, co-authored a response to the recent New York Times article "Do Activist Investors Target Women C.E.O.s?." In their response, they note that while the article raises some interesting thoughts on the tenures of women CEOs at troubled companies, the real story is that, while it is well-known that women can bring financial and economic value to a company, it is biases and old habits that will prevent true gender parity in the workplace from happening.

Read the full article here.

Think Advisor – The Unsinkable Sallie Krawcheck
February 18, 2015

Sallie Krawcheck, Pax Ellevate Chair, is profiled in ThinkAdvisor about her career and how she has encountered issues with gender diversity throughout her journey. She discusses her decision to promote diversity and the advancement of women in the workplace, and gives her opinion on how the industry is responding. She also references her partnership with Pax World to create the Pax Ellevate Global Women’s Index Fund.

Read the full article here.

There is no affiliation between Pax World, ALPS Distributors and the companies listed within the article.

Women Executives – WE Interviews — Joe Keefe
January 14, 2015

Pax World’s and Pax Ellevate’s CEO, Joe Keefe, was interviewed by Women Executives on the challenges women face in today’s workplace. The interview outlines Joe’s professional journey, and the different experiences that have helped fuel his passion for gender equality in the workplace and diversity in leadership.

Performance data quoted represent past performance, which does not guarantee future results.

There is  no affiliation between Pax World, ALPS Distributors and the companies listed within the article.

Read full article here.

The Washington Post – Women still hold only 19 percent of U.S. board seats. What could change that?
January 13, 2015

Pax World Management and Sallie Krawcheck, Chair of Pax Ellevate, were mentioned in an article for their partnership in the launch of the Pax Ellevate Global Women’s Index Fund. The fund is used as an example of an opportunity to invest in women-led companies. This piece highlights the steps the industry can take to drive change in board diversity, and cites the rise in investment interest that is driving the financial community to market products to investors specifically interested in diversity.

Read the full article here.

Press Releases

Pax World Announces Annual Reconstitution Results of the Pax World Global Women's Leadership Index*
November 25, 2014

Sallie Krawcheck, Pax World to Partner on Pax Ellevate Global Women’s Index Fund (PXWEX)
June 04, 2014

Media Mentions

Newsweek – Sallie Krawcheck Wants to Take Women to the Top of Business
December 23, 2014

Newsweek profiled Pax Ellevate Chair, Sallie Krawcheck, and her mission to incorporate women in executive roles at companies. The piece highlights Krawcheck’s journey to success, and how workplace diversity has helped her along the way.

Read the full article here.

Fast Company – Sallie Krawcheck on the Benefits of Investing in Women
December 22, 2014

Pax Ellevate Chair Sallie Krawcheck was interviewed on the benefits of investing in women, and how she got to today’s stance on female empowerment. Sallie notes that effective results will come from the ability to invest money into something real, while also personalizing the importance of investing in women.

View full interview here.

NBC News – Power of corporate diversity: Krawcheck
December 03, 2014

NBC News featured Pax Ellevate chair, Sallie Krawcheck, in an interview discussing how making corporate boards more diverse could lead to better returns for shareholders.

View full interview here.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance tab for most recent month-end performance information.

The Huffington Post Women – Why Women in The Executive Suite Are Good, and Where It's Happening
December 02, 2014

Pax World SVP, Sustainable Investing, Julie Gorte, wrote a byline discussing the importance of women in the executive suite to the long-term success of a company. She makes the case that while progress has been made, there is still room for improvement in order to achieve true gender equality in the workplace.

Read the full article here.

Business Insider – Sallie Krawcheck: Here's What Companies Must Do to Shatter a 'Mad Men' Office Culture
December 02, 2014

Business Insider interviewed Pax Ellevate Chair, Sallie Krawcheck, about how important it is for companies to improve an old-fashioned office culture. She outlines what businesses must do to decrease workplace sexism.

View the full video here.

InvestmentNews – Pax World’s McQuiggan: The business case for investing in women
November 12, 2014

InvestmentNews featured Pax World Senior Vice President for Global Women’s Strategies Kathleen McQuiggan in a video segment. In it, Kathleen discusses research that shows that companies embracing gender diversity on their boards and in management often see improved performance and profitability as a result. She also discusses the Pax Ellevate Global Women’s Index Fund, the first mutual fund in the U.S. that focuses on investing in the highest-rated companies in the world in advancing women’s leadership.

Watch the full here video.

CNBC – Putting good-old-boy network to the investor test
September 22, 2014

Pax World President and CEO, Joe Keefe, is quoted in an article on CNBC.com about diversity-themed funds. The piece explores the Pax Ellevate Global Women’s Index Fund, quoting Keefe throughout. For most recent month-end holdings, please visit here.

PBS NewsHour – Why social impact investing is going mainstream
August 20, 2014

Pax World President and CEO, Joe Keefe, is featured on PBS NewsHour’s “Making Sense” blog, in a Q&A about social impact investing. In it, Keefe paints a picture of Pax World, the Pax Ellevate Global Women’s Index Fund, and the strategy behind it all. For most recent month-end holdings of the Fund, please click here.

Past performance does not guarantee future results.

Read more here.

U.S. News & World Report – Are Socially Responsible Funds a Smart Way to Invest?
August 19, 2014

U.S. News & World Report features an article about socially responsible mutual funds. The article offers an introduction to the Pax Ellevate Global Women’s Index Fund, and goes on to explore other SRI options more broadly. Read the article here. For most recent month-end holdings, please click here.

Read more here.

InvestmentNews – Betting on women-led companies
August 17, 2014

InvestmentNews features a Q&A with Pax World President and CEO, Joe Keefe. In it, he talks about the strategy behind the Pax Ellevate Global Women’s Index Fund. We invite you to read more here. For most recent month-end holdings, please click here.

Read more here.

PBS NewsHour – Women’s fund seeks share of prosperity for female-focused firms
August 05, 2014

The Pax Ellevate Global Women’s Index Fund is featured on PBS NewsHour. The segment covers the genesis of the fund, and also explores the research that links gender diversity to financial performance, the success of some of the Fund's top holdings, and the value of socially responsible investing. For the fund’s most recent month-end holdings, please visit here.

View the segment here.

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance tab for most recent month-end performance information.

The Wall Street Journal – Men Had Their Chance; New Funds Bet on Women
August 03, 2014

The Pax Ellevate Global Women’s Index Fund is mentioned in a Wall Street Journal article about investing in women. For the fund’s most recent month-end holdings, please visit here.

Visit here to read more.

New Hampshire Public Radio – Pax Index Bets Women-Led Firms Can Beat The Stock Market
July 16, 2014

NHPR features a segment about the Pax Ellevate Global Women’s Index Fund. The piece describes the Fund and the motivation behind it, and includes a sound bite that can be found at the link.

Read more here.

The New York Times – Women to Wall Street: Are You Listening?
July 12, 2014

Pax World is mentioned in an article in The New York Times about how advisers are working to improve their communication with women. Although finding the best approach to working with women is “a multifaceted challenge,” companies, including Pax World, are implementing strategies to better meet the needs of female clients.

Read more here.

Forbes – The Power of Women's Portfolio
July 09, 2014

The Pax Ellevate Global Women's Index Fund is featured in Forbes, in an article about the impact of female investors. For the fund’s most recent month-end holdings, please visit here.

Read the article here.

Regarding testimonials included in this article: Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. Any testimonial featured was unpaid.

Financial Planning – Why Gender Diversity Should Matter to Investors
June 10, 2014

Financial Planning features a byline co-written by Joe Keefe, Pax World President and CEO, and Sallie Krawcheck, owner of Ellevate.  In it, they discuss why gender diversity matters to investors.

Visit here to read more.

Yahoo! Finance – Why this fund is betting big on women
June 05, 2014

Yahoo! Finance features a video and corresponding article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

Business Insider – Sallie Krawcheck Is Running Money Again
June 04, 2014

Business Insider features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

WealthManagement.com – Sallie Krawcheck’s New Venture: An Index Fund for Advancing Women
June 04, 2014

WealthManagement.com features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

The Washington Post – An index fund that bets on women
June 04, 2014

The Washington Post features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more.

The Wall Street Journal – Sallie Krawcheck Looks to Ellevate With New Venture
June 04, 2014

The Wall Street Journal features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

Bloomberg – Krawcheck Teams Up to Offer Index Fund Focused on Women
June 04, 2014

Bloomberg features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more.

InvestmentNews – Sallie Krawcheck and Pax team on women-friendly corporate index fund
June 04, 2014

InvestmentNews features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more.

New York Times – Sallie Krawcheck Opens an Index Fund Focused on Women
June 04, 2014

The New York Times features an article about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

Fortune – Where Sallie Krawcheck is putting her money now
June 04, 2014

Fortune features an article about the launch of the Pax Ellevate Global Women’s Index Fund, with a Q&A with Sallie Krawcheck, Principal of Ellevate Asset Management.

Visit here to read more. See the top ten holdings for the fund.

MSNBC – New mutual fund helps invest in women
June 04, 2014

MSNBC features a video about the launch of the Pax Ellevate Global Women’s Index Fund.

Visit here to read more. See the top ten holdings for the fund.

 

The statements and opinions expressed in media mentions are of the authors and as of the date of publication. All performance data quoted in media mentions represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. See the fund's performance page for most recent month-end performance information. Holdings for the fund are subject to change. Please see the fund's top ten holdings for current holdings information.

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.