Pax Ellevate Global Women’s Index FundPXWEXPXWIX

Investing in companies that invest in women 

MORNINGSTAR RATING 
★★★★
Out of 704 World Large Stock Funds based on risk adjusted returns as of 10/31/17

Overview


A global, index-based investment strategy designed to capture investment returns associated with gender diversity and women's leadership.

  


Performance & Risk


Monthly Total Returns
(As of 10/31/2017)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax Ellevate Global Women's Index Fund - Individual Investor Class1.844.0119.9223.318.2611.523.426.78
Pax Ellevate Global Women's Index Fund - Institutional Class11.874.0720.1623.658.5211.793.686.92
Pax Global Women's Leadership (Net) Index1.683.7918.7023.359.09
MSCI World (Net) Index1.894.3218.2122.778.1311.564.10
Lipper Global Multi-Cap Core Funds Index1.924.3819.0923.448.6211.455.00
Quarterly Total Returns
(As of 09/30/2017)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax Ellevate Global Women's Index Fund - Individual Investor Class2.264.8617.7618.387.8710.983.516.73
Pax Ellevate Global Women's Index Fund - Institutional Class12.294.8817.9618.638.1411.263.766.86
Pax Global Women's Leadership (Net) Index2.295.1816.7418.978.64
MSCI World (Net) Index2.244.8416.0118.177.6910.994.22
Lipper Global Multi-Cap Core Funds Index2.225.0416.8519.458.0710.935.15
1 Institutional Class Inception date return since April 19, 2006 is 4.68 (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.



Risk Statistics
(As of 10/31/2017)
 Value
Standard Deviation 9.04
Alpha 0.09
Beta 0.88
R-Squared 96
Standard Deviation 9.06
Alpha 0.11
Beta 0.88
R-Squared 96


Morningstar Ratings
(As of 10/31/2017)
 Overall3 Year5 Year10 Year
Pax Ellevate Global Women's Index Fund - Individual Investor Class ★★★ ★★★ ★★★ -
Pax Ellevate Global Women's Index Fund - Institutional Class ★★★★ ★★★★ ★★★★ -
# In Peer Group 704 704 583 -


Lipper Rankings
(As of 10/31/2017)
 Global Multi-Cap Core1 Year3 Year5 Year10 Year
Pax Ellevate Global Women's Index Fund - Individual Investor Class Percentile Rank 60 45 59 62
  Prime Rank 114 62 68 41
  # In Peer Group 192 139 116 67
Pax Ellevate Global Women's Index Fund - Institutional Class Percentile Rank 54 36 49 56
  Prime Rank 102 50 56 37
  # In Peer Group 192 139 116 67


Net Asset Values
(As of 11/15/2017)
 N.A.V.% Change
Pax Ellevate Global Women's Index Fund - Individual Investor Class $24.32 -0.49
Pax Ellevate Global Women's Index Fund - Institutional Class $24.46 -0.49

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 10/31/2017)


Portfolio Statistics
(As of 10/31/2017)
 Value
Assets (all share classes)$165,184,524
Number of Holdings (All)405
Turnover Ratio (12/31/2016)49


Top Sectors
(As of 10/31/2017)

 


Top Ten Holdings
(As of 10/31/2017)


Management


From left:

Heather Smith - Portfolio Manager
Julie Gorte Ph.D. - Senior Vice President for Sustainable Investing, Portfolio Manager
Scott LaBreche - Director, Portfolio Analytics and Index Optimization, Portfolio Manager