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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.

SMALL CAP, BIG OPPORTUNITY

The Pax Small Cap Fund focuses on reasonably-priced companies with quality characteristics and ranks high among its peers for risk-adjusted performance.

INVESTING IN WOMEN
IS WORKING

The Pax Ellevate Global Women’s Leadership Fund has outperformed the MSCI World Index for the one-year and three-year periods ending
March 31, 2018.*

Pax Insights

Read the latest on sustainable investing, climate change, gender equality and more on our blog.
April 23, 2018

Pax Ellevate Global Women’s Leadership Fund Commentary Q1 2018

Read our portfolio manager commentary for highlights on quarterly Fund performance and portfolio positioning.
April 23, 2018

Gender Equality – With or Without the Federal Government

Federal policy is a powerful tool for shaping behavior – but it is not the only one. Corporate and investor action are also critical tools for creating change.
April 19, 2018

Examining a Risk-Focused Approach in Small Cap

The Pax Small Cap Fund crossed the 10-year mark in March of 2018. In recognition of this milestone, Pax interviewed Portfolio Manager Nathan Moser, CFA®, as he reflects on managing the Fund since its inception in 2008.