Pensions & InvestmentsSenior Sustainability and ESG Analyst Heather Smith is quoted in this article about the increasing growth of assets invested in gender lens funds and companies’ growing awareness of equity, diversity and inclusion as a business imperative.


The annualized returns for the Pax Ellevate Global Women’s Leadership Fund – Investor class (PXWEX) as of 3/31/2022 were, 1 year: 3.91%, 3 year: 11.35%, 5 year: 10.76% and Since Inception (10/1/1993): 7.20%. The annualized returns for Pax Ellevate Global Women’s Leadership Fund – Institutional Class (PXWIX) as of 3/31/2022 were: 1 year: 4.17%, 3 year: 11.64%, 5 year: 11.04% and Since Inception (10/1/1993): 7.36%.

The annualized returns for the Pax Ellevate Global Women’s Leadership Fund – Investor class (PXWEX) as of 12/31/2021 were, 1 year: 17.27%, 3 year: 18.98%, 5 year: 14.17% and Since Inception (10/1/1993): 7.57%. The annualized returns for Pax Ellevate Global Women’s Leadership Fund – Institutional Class (PXWIX) as of 12/31/2021 were: 1 year: 17.56%, 3 year: 19.28%, 5 year: 14.45% and Since Inception (10/1/1993): 7.73%.

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. For most recent month-end performance information, visit www.impaxam.com.

You should always consider Pax World Funds’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please download a fund prospectus. Please read it carefully before investing.

Investments involve risk, including potential loss of principal.

RISKS:

Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Emerging market and international investments involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, economic or political instability in other nations or increased volatility and lower trading volume. The Fund does not take defensive positions in declining markets. The Fund’s performance would likely be adversely affected by a decline in the Index. There is no guarantee that the objective will be met and diversification does not eliminate risk. The investment techniques and decisions of the investment adviser and the Fund’s portfolio manager(s), including the investment adviser’s assessment of a company’s ESG (environmental, social and governance) profile when selecting investments for the Fund, may not produce the desired results and may adversely impact the Fund’s performance, including relative to other Funds that do not consider ESG factors or come to different conclusions regarding such factors.

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