Pax Ellevate Global Women’s Index Fund Invest in Women

Thought Leadership

Advancing Gender Equality by Closing the Pay Gap
by Heather Smith, Lead Sustainability Research Analyst, Pax Ellevate Management LLC and Pax World Management LLC


  • Pay equity is a crucial part of a successful diversity strategy, helping companies to attract and retain talented and motivated employees.
  • Measuring and publicly reporting on pay equity is an important tool in advancing gender diversity and in closing the overall gender gap in the workforce.
  • The role of business has never been more critical in advancing gender equality, and it will require the combined efforts of many to close the gap.

Read entire piece here.

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.