United StatesAUM
$684,783,053
Holdings
100-150
Launch Date
Launch Date (Institutional)
October 1993
April 2006
Portfolio Managers
Scott LaBreche
Christine Cappabianca
Christine Cappabianca
Morningstar Low Carbon Designation™‡
Global Equity Large Cap as of 2/28/25.
Based on 99% of AUM.
Based on 99% of AUM.
Overview
A systematic, global large cap strategy that seeks to invest in companies that advance gender diversity and equity.
Proprietary Gender Score
The Impax Gender Score seeks to identify companies that advance diversity in leadership, gender equity in the workplace and who are committed to developing policies and programs that support diversity.
Gender Leaders
Capital is directed to companies with consistent representation of women in leadership roles and those that promote gender equity and diversity throughout their operations.
Impact
Impax’s shareholder engagement and public advocacy efforts aim to further promote gender equity and diversity in the workplace.
Monthly Total Returns
(As of 03/31/2025)
Month End | Quarter End
| Month End | Quarter End | Average Annual Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|
| 1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Reorganization1 | |
| Impax Ellevate Global Women’s Leadership Fund – Investor Class | -5.37 | -3.09 | -3.09 | 3.96 | 3.61 | 11.69 | 7.47 | |
| Impax Ellevate Global Women’s Leadership Fund – Institutional Class | -5.37 | -3.03 | -3.03 | 4.18 | 3.86 | 11.96 | 7.74 | |
| MSCI World (Net) Index | -3.95 | -1.32 | -1.32 | 7.15 | 6.91 | 15.18 | 8.84 | |
Quarterly Total Returns
(As of 03/31/2025)
Month End | Quarter End
| Month End | Quarter End | Average Annual Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|
| 1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Reorganization1 | |
| Impax Ellevate Global Women’s Leadership Fund – Investor Class | -5.37 | -3.09 | -3.09 | 3.96 | 3.61 | 11.69 | 7.47 | — |
| Impax Ellevate Global Women’s Leadership Fund – Institutional Class | -5.37 | -3.03 | -3.03 | 4.18 | 3.86 | 11.96 | 7.74 | — |
| MSCI World (Net) Index | -3.95 | -1.32 | -1.32 | 7.15 | 6.91 | 15.18 | 8.84 | — |
The fund returns shown include the performance of the Pax Global Women’s Equality Fund, the predecessor to the Impax Ellevate Global Women’s Leadership Fund, for periods prior to 6/4/2014.
Prior to March 28, 2024, the Impax Ellevate Global Women’s Leadership Fund followed a different portfolio construction process with a different investment objective. Performance of the Fund for periods prior to March 28, 2024, may not be representative of the performance the Fund would have achieved had the Fund been following its current investment strategy. Please refer to the Performance Information section of the Fund’s Prospectus for additional information.
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.
Prior to March 28, 2024, the Impax Ellevate Global Women’s Leadership Fund followed a different portfolio construction process with a different investment objective. Performance of the Fund for periods prior to March 28, 2024, may not be representative of the performance the Fund would have achieved had the Fund been following its current investment strategy. Please refer to the Performance Information section of the Fund’s Prospectus for additional information.
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.
Risk Statistics
(As of 03/31/2025)
| Global Large-Stock Blend | Overall | 3yrs | 5yrs | 10yrs | |
|---|---|---|---|---|---|
| Impax Ellevate Global Women’s Leadership Fund – Investor Class | Rating | ★★ | ★★ | ★★ | ★★ |
| Impax Ellevate Global Women’s Leadership Fund – Institutional Class | Rating | ★★★ | ★★ | ★★ | ★★★ |
| # In Peer Group | 305 | 305 | 286 | 191 |
Based on risk adjusted returns.
| Global Multi-Cap Core | 1yr | 3yrs | 5yrs | 10yrs | |
|---|---|---|---|---|---|
| Impax Ellevate Global Women’s Leadership Fund – Investor Class | Percentile Rank | 56 | 66 | 88 | 74 |
| Prime Rank | 56 | 55 | 61 | 31 | |
| # In Peer Group | 100 | 84 | 70 | 42 | |
| Impax Ellevate Global Women’s Leadership Fund – Institutional Class | Percentile Rank | 53 | 65 | 82 | 60 |
| Prime Rank | 53 | 54 | 57 | 25 | |
| # In Peer Group | 100 | 84 | 70 | 42 |
Based on total returns.
Past performance does not guarantee future results.
Asset Allocation
(As of 03/31/2025)
Portfolio Statistics
(As of 03/31/2025)
| Value | |
|---|---|
| Value | |
| Assets (all share classes) | $684,783,053 |
| Number of Holdings (All) | 103 |
| Turnover Ratio (03/31/2025)§ | 63 |
Regions
(As of 03/31/2025)
Country Allocation
(As of 03/31/2025)
| Portfolio % | |
|---|---|
| Portfolio % | |
| United States | 68.70 |
| United Kingdom | 7.60 |
| France | 6.60 |
| Canada | 5.00 |
| Australia | 4.10 |
| Germany | 1.40 |
| Norway | 1.30 |
| Hong Kong | 1.00 |
| Netherlands | 1.00 |
| Finland | 0.90 |
| Denmark | 0.50 |
| Italy | 0.50 |
| Sweden | 0.30 |
Top Sectors
(As of 03/31/2025)
Top Ten Holdings
(As of 03/31/2025)