AUM
$2,339,903,651
Holdings
48
Launch Date1
March 2008
Portfolio Managers
Hubert Aarts
David Winborne
Siddharth Jha
David Winborne
Siddharth Jha
Morningstar Low Carbon Designation™‡

Global Equity Large Cap as of 12/31/22.
Based on 99% of AUM.
Based on 99% of AUM.
Overview
A global thematic strategy investing in companies that are developing innovative solutions to resource challenges in environmental markets.
Resource Efficiency
Powerful drivers – growing population, rising living standards and finite natural resources – have triggered above average growth for a diverse set of companies focused on resource efficiency.
Environmental Leaders
The strategy employs a research-intensive bottom-up stock selection process to find the leading companies in increasingly important global environmental markets, and is also fossil fuel free.
Impact
Companies providing environmental solutions and net carbon reductions will help lead the transition to a sustainable global economy.
Monthly Total Returns
(As of 02/28/2023)
Month End | Quarter End | Average Annual Returns (%) | |||||||
---|---|---|---|---|---|---|---|---|
1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Inception1 | |
Impax Global Environmental Markets Fund – Investor Class | -1.95 | 1.57 | 6.03 | -2.85 | 11.27 | 6.97 | 8.77 | 6.47 |
Impax Global Environmental Markets Fund – Class A5 | -1.91 | 1.57 | 6.04 | -2.81 | 11.27 | 6.99 | 8.77 | 6.48 |
Impax Global Environmental Markets Fund – Institutional Class | -1.89 | 1.65 | 6.08 | -2.55 | 11.54 | 7.25 | 9.05 | 6.74 |
MSCI ACWI (Net) Index | -2.87 | | 4.10 | -8.26 | 8.81 | 5.82 | 7.93 | 5.81 |
Quarterly Total Returns
(As of 12/31/2022)
Month End | Quarter End | Average Annual Returns (%) | |||||||
---|---|---|---|---|---|---|---|---|
1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Inception1 | |
Impax Global Environmental Markets Fund – Investor Class | -4.21 | 15.58 | -22.62 | -22.62 | 5.86 | 5.36 | 8.67 | 6.12 |
Impax Global Environmental Markets Fund – Class A5 | -4.21 | 15.61 | -22.58 | -22.58 | 5.85 | 5.35 | 8.67 | 6.13 |
Impax Global Environmental Markets Fund – Institutional Class | -4.17 | 15.70 | -22.39 | -22.39 | 6.13 | 5.62 | 8.95 | 6.39 |
MSCI ACWI (Net) Index | -3.94 | 9.76 | -18.36 | -18.36 | 4.00 | 5.23 | 7.98 | 5.59 |
5 Class A (NAV) Inception date return since May 1, 2013 is 8.54 (annualized).
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.
A 1.00% CDSC (contingent deferred sales charge) may be charged on any shares sold within 18 months of purchase over $1 million. POP (public offering price) reflects the maximum sales load for the Fund’s Class A Shares of 5.50%.
Performance after Sales Charge
(As of 02/28/2023)
Month End | Quarter End | Average Annual Returns (%) | |||||||
---|---|---|---|---|---|---|---|---|
1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Inception1 | |
Impax Global Environmental Markets Fund – Class A (Load) | -7.31 | -4.01 | 0.20 | -8.17 | 9.20 | 5.78 | 8.16 | 6.07 |
Performance after Sales Charge
(As of 12/31/2022)
Month End | Quarter End | Average Annual Returns (%) | |||||||
---|---|---|---|---|---|---|---|---|
1m | 3m | YTD | 1yr | 3yrs | 5yrs | 10yrs | Since Inception1 | |
Impax Global Environmental Markets Fund – Class A (Load) | -9.47 | 9.24 | -26.83 | -26.83 | 3.87 | 4.16 | 8.06 | 5.72 |
Risk Statistics
(As of 02/28/2023)
Global Large-Stock Blend | Overall | 3yrs | 5yrs | 10yrs | |
---|---|---|---|---|---|
Impax Global Environmental Markets Fund – Investor Class | Rating | ★★★ | ★★★★ | ★★★ | ★★★ |
Impax Global Environmental Markets Fund – Class A | Rating | ★★★ | ★★★★ | ★★★ | ★★★ |
Impax Global Environmental Markets Fund – Institutional Class | Rating | ★★★ | ★★★★ | ★★★ | ★★★ |
# In Peer Group | 335 | 335 | 289 | 183 |
Based on risk adjusted returns.
Lipper Global Multi-Cap Core | 1yr | 3yrs | 5yrs | 10yrs | |
---|---|---|---|---|---|
Impax Global Environmental Markets Fund – Investor Class | Percentile Rank | 7 | 12 | 18 | 21 |
Prime Rank | 8 | 12 | 15 | 12 | |
# In Peer Group | 131 | 100 | 85 | 59 | |
Impax Global Environmental Markets Fund – Class A | Percentile Rank | 6 | 11 | 17 | 19 |
Prime Rank | 7 | 11 | 14 | 11 | |
# In Peer Group | 131 | 100 | 85 | 59 | |
Impax Global Environmental Markets Fund – Institutional Class | Percentile Rank | 4 | 9 | 13 | 16 |
Prime Rank | 4 | 9 | 11 | 9 | |
# In Peer Group | 131 | 100 | 85 | 59 |
Based on total returns.
Past performance does not guarantee future results.
Asset Allocation
(As of 02/28/2023)
Portfolio Statistics
(As of 02/28/2023)
Value | |
---|---|
Assets (all share classes) | $2,339,903,651 |
Number of Holdings (All) | 48 |
Turnover Ratio (12/31/2022) | 35 |
Top Sectors
(As of 02/28/2023)
Country Allocation
(As of 02/28/2023)
Portfolio % | |
---|---|
Denmark | 3.80 |
France | 11.30 |
Germany | 4.90 |
Japan | 4.20 |
Netherlands | 4.30 |
Switzerland | 0.90 |
Taiwan | 3.40 |
United Kingdom | 5.00 |
United States | 61.30 |
Top Ten Holdings
(As of 02/28/2023)