PORTSMOUTH, N.H. February 28, 2017 – Pax World Management LLC, investment adviser to Pax World Funds and a pioneer in the field of sustainable investing, today announced that the Pax Small Cap Fund (PXSCX) was chosen by Charles Schwab Investment Advisory, Inc. (CSIA) to be on the 2017 Q1 Schwab Mutual Fund OneSource Select List®.
Mutual funds on the Select List are rigorously screened by Schwab experts based on such factors as risk, performance and expenses.
“We are honored that the Pax Small Cap Fund has been added to the OneSource Select List,” said Nathan Moser, Portfolio Manager of the Pax Small Cap Fund. “This Fund offers investors access to the small-cap asset class in a risk-averse manner. Since the Fund’s inception in 2008, we have demonstrated our ability to perform well in this inefficient part of the marketplace and to do so with less risk.”1
Driven by a fundamental stock selection process and strict sell discipline, the Fund invests in a high conviction portfolio of small-cap companies with attractive valuations and quality characteristics. The investment team also integrates environmental, social and governance (ESG) research into fundamental analysis for additional perspective and risk mitigation. As of December 31, 2016, the Fund’s assets totaled over $796 million.
To learn more about the Pax Small Cap Fund visit: www.paxworld.com/smallcap.
Pax World Management LLC, investment adviser to Pax World Funds, is a pioneer in the field of sustainable investing. Pax World integrates environmental, social and governance (ESG) research into its investment process to better manage risk and deliver competitive long-term investment performance. For over 45 years, Pax World has made it possible for investors to align their investments with their values and have a positive social and environmental impact. Today, its platform of sustainable investing solutions includes a family of mutual funds, as well as separately managed accounts.
1The Pax Small Cap Fund (PXSCX) has returned 10.01% annualized since inception (3/27/2008) for the period ending 12/31/2016 compared to 9.51% for the Russell 2000 Index. Since inception (3/27/2008) the Fund’s standard deviation is 18.16 compared to 20.81 for the Russell 2000 Index. The returns for the Fund’s benchmark (the Russell 2000 Index) as of 12/31/2016 were: 1 year: 21.31%, 3 year: 6.74%, 5 year: 14.46%, and Since Fund Inception (03/27/08): 9.51%. The returns for the Pax Small Cap Individual Investor Class (PXSCX) as of 12/31/2016 were: 1 year: 17.90%, 3 year: 6.67%, 5 year: 14.55%, Since Inception (03/27/2008): 10.01%.
Performance data quoted represent past performance. Past performance is no guarantee of future results. and investment returns and principal value of the Fund will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. Call 800.767.1729 or (if applicable) visit www.paxworld.com for current month end performance.
RISK: Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Funds that emphasize investments in smaller companies generally will experience greater price volatility.
You should consider a fund’s investment objectives, risks, and charges and expenses carefully before investing. For this and other information, call 800.767.1729 or visit www.paxworld.com for a fund prospectus and read it carefully before investing.
Standard Deviation measures a Fund’s variation around its mean performance; a high standard deviation implies greater volatility.
The Russell 2000 Index (“Benchmark”) is an unmanaged index and measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000 Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. One cannot invest directly in any index.
This communication is for informational purposes only and should not be considered as investing advice nor a recommendation of any particular security, strategy, investment product or investing platform. Pax World and its affiliates are not affiliated with Schwab.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in Schwab’s Mutual Fund OneSource® service for record keeping, shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
Charles Schwab Investment Advisory, Inc. (CSIA) is an affiliate of Charles Schwab & Co., Inc.
Schwab Mutual Fund OneSource Select List® is a registered mark of Charles Schwab & Co., Inc. and used with permission.
Any information provided by Pax World Funds should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding Pax World Funds’ content.