United States
Investing in gender equality has delivered market beating results. The Pax Ellevate Global Women’s Leadership Fund has the longest track record of any gender lens fund in the United States.1 It is a global, factor-based investment strategy designed to capture the investment returns associated with gender diversity and women’s leadership.
Diversity Advantage
A robust and growing body of research indicates that companies with more gender diverse leadership have:
- Greater Innovation
- Increased Productivity
- Higher Employee Satisfaction
- Higher Employee Retention
Impax Global Women’s Leadership Index
The first index of its kind, consisting of the highest-rated companies in the world for advancing women on boards and in executive management
To construct the index, the Impax Gender Analytics team rates companies on multiple criteria of gender leadership. Only the highest-rated companies make it into the index. These 400+ companies are, in our view, the best companies in the world when it comes to advancing gender diversity.
Gender diversify your portfolio by investing in women
Pax Ellevate Global Women’s Leadership Fund
Investing in companies that invest in women.
Overall Morningstar™ Rating† Institutional Class (PXWIX) as of 2/29/2020.
Out of 740 World Large Stock Funds based on risk-adjusted returns.
Impax Global Women’s Select Strategy
A high conviction, actively managed strategy focused on investing in the highest-rated companies in the world for advancing women’s leadership.
Engaged Shareholders
By engaging with companies, we help them become better poised to take advantage of the business benefits associated with gender diverse leadership, which, in turn, helps them become better investments.
| 1,200 | Between January 2010 and June 2018, Pax World Funds voted against more than 1,200 board slates due to insufficient gender diversity |
| 255 | During the most recent proxy season, Pax World Funds voted against directors at 255 due to insufficient gender diversity |
| 156 | In 2018, we signed onto a letter sent to 156 U.S. companies with no women or only one woman on the board to determine what steps they are taking to diversify |
| 18 | 18 companies have made public commitments to pay equity at our urging |
| 10 | 10 companies have disclosed the results of their pay equity assessments and have committed to closing pay gaps at our urging |
Invest for Impact and Performance
Pax Ellevate | @PaxEllevate
Gender Lens Investing Innovator
A history of investing in women, advancing pay equity and promoting gender diversity in corporate leadership.
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2019Second gender-lens offering seeded (Global Women’s Select Strategy)
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2018“Investment Case for Gender Equality” published
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2017Filed a petition for rulemaking with the SEC urging the agency to require public companies to disclose gender pay ratios on an annual basis
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2016Began engaging with companies on gender pay equity
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2014Built the first index of the highest-rated companies in the world for advancing gender-diverse leadership
Introduced the first mutual fund that invests in the highest-rated companies in the world for advancing gender-diverse leadership -
2011Launched “Say NO to All-Male Boards” campaign
Co-founded the Thirty Percent Coalition -
2010“Gender Equality as an Investment Concept” published
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2007Began offering the first mutual fund in the United States focused on investing in companies that advance women