SUSTAINABLE INVESTMENT LEADERS JOIN FORCES

Pax World Funds’ investment adviser,
Pax World Management LLC, is now
Impax Asset Management LLC  

INVESTING FOR TOMORROW

Pax World’s strategies focus on the investment risks and opportunities associated with the transition to a more sustainable global economy.

INVESTMENT IMPLICATIONS OF
EXTREME WEATHER

There is a growing investment universe of companies providing solutions to climate change challenges.

INVESTING IN WOMEN HAS DELIVERED RESULTS

Morningstar^®★★★★

Overall Morningstar Rating™† Pax Ellevate Global Women's Leadership Fund Institutional Investor Class (PXWIX) as of 3/31/2018 Out of 717 World Large Stock Funds
based on risk-adjusted returns.

Past performance is no guarantee of future results.

PAX SMALL CAP FUND MARKS
10-YEAR ANNIVERSARY

Morningstar^®★★★★

Overall Morningstar Rating™† Pax Small Cap Fund (PXSIX) Institutional Class Overall Morningstar Rating^™† as of 3/31/2018
Out of 627 Small Blend Funds based on
risk-adjusted returns.

Past performance is no guarantee of future results.