Strategic allocation, manager selection and portfolio construction by Morningstar Investment Management

The fund managers included in Pax Sustainable Managers Funds have been selected by Morningstar for their overall investment quality combined with their experience and expertise in implementing sustainable investing strategies.

 

Effective March 29, 2016 the ESG Managers Growth Portfolio was consolidated into the ESG Managers Growth and Income Portfolio, and the ESG Managers Growth and Income Portfolio was renamed the Pax Sustainable Managers Capital Appreciation Fund. The ESG Managers Balanced Portfolio was consolidated into the ESG Managers Income Portfolio, and the ESG Managers Income Portfolio was renamed the Pax Sustainable Managers Total Return Fund.

Pax World Management LLC is the investment adviser to the Pax Sustainable Managers Funds. Morningstar Investment Management, LLC, a registered investment advisor and wholly owned subsidiary of Morningstar, Inc., serves as portfolio construction adviser to the Pax Sustainable Managers Funds and is responsible for manager selection, asset allocation, portfolio construction and monitoring, but does not serve in the capacity of investment advisor to individual investors. The Morningstar name and logo are the property of Morningstar, Inc.

ALPS Distributors, Inc. is not affiliated with Appleseed Fund, Ariel Investments, Community Capital Management, Eventide Mutual Funds, Everence Capital Management, Impax Asset Management, Miller/Howard Investments, Neuberger Berman, Parnassus Investments, PIMCO, RBC Global Asset Management (U.S.) Inc., Schroders, or TIAA-CREF Asset Management.