Pax ESG Beta Quality FundPXWGXPXGAXPWGIX

Smart beta strategy focused on quality, value and ESG factors 

Overview


Factor-based strategy that focuses on U.S. large cap companies’ ESG strength, profitability, earnings quality, risk and valuations — well-established factors that have demonstrated the potential to reward investors over long time periods.


Performance & Risk


Monthly 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
ESG Beta Quality Fund - Individual Investor Class1.874.6813.5717.019.1312.446.855.18
ESG Beta Quality Fund - Class A51.884.6913.5616.979.1512.456.855.18
ESG Beta Quality Fund - Institutional Class11.934.7713.8217.299.4312.737.115.31
Russell 1000 Index2.134.4814.1718.5410.6314.277.55
Lipper Multi-Cap Core Funds Index3.104.5013.4917.819.4613.256.67
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
ESG Beta Quality Fund - Individual Investor Class1.874.6813.5717.019.1312.446.855.18
ESG Beta Quality Fund - Class A51.884.6913.5616.979.1512.456.855.18
ESG Beta Quality Fund - Institutional Class11.934.7713.8217.299.4312.737.115.31
Russell 1000 Index2.134.4814.1718.5410.6314.277.55
Lipper Multi-Cap Core Funds Index3.104.5013.4917.819.4613.256.67
5 Class A Inception date return since May 1, 2013 is 12.38 (annualized).
1 Institutional Class Inception date return since April 2, 2007 is 7.71 (annualized).

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 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.


Performance after Sales Charge
(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
ESG Beta Quality Fund - Class A (Load)-3.71-1.047.3210.537.1111.196.254.89
Performance after Sales Charge
(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
ESG Beta Quality Fund - Class A (Load)-3.71-1.047.3210.537.1111.196.254.89



Morningstar Ratings
(As of 09/30/2017)
 Overall3 Year5 Year10 Year
ESG Beta Quality Fund - Individual Investor Class ★★★ ★★★ ★★ ★★★
ESG Beta Quality Fund - Class A (Load) - - - -
ESG Beta Quality Fund - Class A ★★★ ★★★ ★★ ★★★
ESG Beta Quality Fund - Institutional Class ★★★ ★★★ ★★★ ★★★
# In Peer Group 1218 1218 1083 799


Lipper Rankings
(As of 09/30/2017)
 Multi-Cap Core1 Year3 Year5 Year10 Year
ESG Beta Quality Fund - Individual Investor Class Percentile Rank 52 46 64 38
  Prime Rank 404 301 386 177
  # In Peer Group 780 662 604 468
ESG Beta Quality Fund - Class A Percentile Rank 53 46 64 38
  Prime Rank 408 298 385 176
  # In Peer Group 780 662 604 468
ESG Beta Quality Fund - Institutional Class Percentile Rank 49 38 60 32
  Prime Rank 379 250 359 148
  # In Peer Group 780 662 604 468


Net Asset Values
(As of 10/20/2017)
 N.A.V.% Change
ESG Beta Quality Fund - Individual Investor Class $19.46 0.31
ESG Beta Quality Fund - Institutional Class $19.99 0.30
ESG Beta Quality Fund - Class A $19.41 0.26

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 09/30/2017)


Portfolio Statistics
(As of 09/30/2017)
 Value
Assets (all share classes)$202,099,914
Number of Holdings (All)135
Turnover Ratio (12/31/2016)80


Top Sectors
(As of 09/30/2017)


Top Ten Holdings
(As of 09/30/2017)


Management


Aperio Group
Subadvised by Aperio Group, a leading provider of custom index, SRI-ESG and factor-investing offerings.

From left:

Ran Leshem - Portfolio Manager, Aperio Group
Robert Tymoczko - Portfolio Manager, Aperio Group
Michael Branch CFA® - Portfolio Manager, Aperio Group
Annie Tan - Portfolio Manager, Aperio Group

Pax World
The Pax Sustainability Research Team oversees a proprietary ranking of companies' ESG performance, known as the Pax Sustainability Score.

 

David Loehwing - Director, Sustainability Research, Portfolio Manager, Pax World