AUM
$1,429,734,276
Holdings
135
Launch Date
Launch Date (Institutional)
March 2014
January 2011
Portfolio Manager
Scott LaBreche
Christine Cappabianca
Morningstar
Low Carbon Designation™
Low Carbon logo
Global Equity Large Cap as of 4/30/25.
Based on 98% of AUM.

Overview

A systematic core strategy that seeks to integrate the risks and opportunities arising from the transition to a more sustainable economy.

Quality companies

Systematic investment process aims to target well-run, profitable companies, that are best positioned for the transition to a more sustainable economy.

Energy transition approach

Traditional energy companies are replaced with energy efficiency companies, seeking to reduce climate-related risk and to invest in the growing demand for energy efficiency solutions. 

Sustainability

Proprietary tools, as well as internal and external risk models are integrated to identify and manage a range of financial and sustainability related opportunities and investment risks.  

Monthly Total Returns

(As of 05/31/2025)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrsSince
Inception1
Impax International Sustainable Economy Fund – Investor Class3.858.5916.6211.6111.4010.525.595.75
Impax International Sustainable Economy Fund – Institutional Class3.948.6916.8111.9711.7010.815.856.02
MSCI EAFE ESG Leaders (Net) Index4.157.1813.097.669.669.765.576.10
MSCI EAFE (Net) Index4.588.9216.8713.3311.4511.425.976.06

Quarterly Total Returns

(As of 03/31/2025)
Month End | Quarter End
Month End | Quarter End Average Annual Returns (%)
1m3mYTD1yr3yrs5yrs10yrsSince
Inception1
Impax International Sustainable Economy Fund – Investor Class7.407.407.286.1111.325.125.21
Impax International Sustainable Economy Fund – Institutional Class7.477.477.626.3911.585.375.47
MSCI EAFE ESG Leaders (Net) Index-1.214.244.241.374.3410.325.075.44
MSCI EAFE (Net) Index-0.406.866.864.886.0511.775.405.33
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 05/31/2025)
 5 – Year
5 – Year
Standard Deviation 16.72
Alpha -0.07
Beta 1.03
R-Squared 97
Standard Deviation 16.76
Alpha -0.09
Beta 1.03
R-Squared 97

Morningstar Ratings

(As of 05/31/2025)
 Foreign Large BlendOverall3yrs5yrs10yrs
Impax International Sustainable Economy Fund – Investor Class Rating ★★★ ★★★ ★★★ ★★★
Impax International Sustainable Economy Fund – Institutional Class Rating ★★★ ★★★★ ★★★ ★★★
  # In Peer Group 654 654 618 439
Based on risk adjusted returns.

Lipper Rankings

(As of 05/31/2025)
 International Large-Cap Core1yr3yrs5yrs10yrs
Impax International Sustainable Economy Fund – Investor Class Percentile Rank 73 33 72 49
  Prime Rank 219 92 195 94
  # In Peer Group 302 286 273 195
Impax International Sustainable Economy Fund – Institutional Class Percentile Rank 69 25 64 33
  Prime Rank 206 70 172 63
  # In Peer Group 302 286 273 195
Based on total returns.

Net Asset Values

(As of 06/17/2025)
 N.A.V.% Change
Impax International Sustainable Economy Fund – Institutional Class $11.82 -1.50
Impax International Sustainable Economy Fund – Investor Class $12.08 -1.55
Past performance does not guarantee future results.

Asset Allocation

(As of 05/30/2025)

Portfolio Statistics

(As of 05/31/2025)
 Value
Value
Assets (all share classes)$1,429,734,276
Number of Holdings (All)135
Turnover Ratio (05/30/2025)§46

Regions

(As of 05/30/2025)

Country Allocation

(As of 05/31/2025)
 Portfolio %
Portfolio %
Japan 22.20
United Kingdom 14.90
France 10.90
Switzerland 9.40
Germany 9.30
Australia 6.80
Netherlands 5.00
Sweden 3.50
Spain 3.40
Italy 3.00
Denmark 2.30
Hong Kong 2.00
Singapore 1.40
Finland 1.30
Ireland 0.70
Israel 0.70
Belgium 0.70
Norway 0.50
Austria 0.40
Portugal 0.20

Top Sectors

(As of 05/30/2025)

Top Ten Holdings

(As of 05/30/2025)

Portfolio Management Team

A water droplet forms concentric rings on the surface of a pond
Contact Us

Please visit the contact page to find your regional representative.

Scroll to top
To get started, please select your location and investor type below.

If you are invested in Impax Funds – regardless of share class (Investor, Institutional, or Class A) or account type (individual, business or other entity) please select Impax Funds Investor as your Investor Type.

Access Impax Asset Management Limited’s Form CRS here.

Important Information

I confirm that my investor role is [investor_type] and I am based in [investor_country] and I have read and understood the important information, privacy policy and terms and conditions which govern the use of this website.

Risk Warning

Capital at risk. The value of investments may go up or down and is not guaranteed.