Reporter Lorie Konish includes the Pax Ellevate Global Women’s Leadership Fund in this article about gender and diversity funds.
Read article at CNBC.
The top 10 holdings of the Pax Ellevate Global Women’s Leadership Fund as of 03/31/2019 are as follows: Microsoft Corp. 4.2%; Ulta Beauty, Inc. 2.2%; Intuit, Inc. 2.2%; Estee Lauder Cos, Inc., Class A 2.1%; American Water Works Co., Inc. 2.0%; Principal Financial Group, Inc. 1.9%; Canadian Utilities, Ltd. Class A 1.9%; Viacom, Inc. Class B 1.9%; Johnson & Johnson 1.8%; Cisco Systems, Inc. 1.8%. Holdings are subject to change and are not a recommendation to buy or sell any security.
Investments involve risk, including potential loss of principal.
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. The Fund does not take defensive positions in declining markets. The Fund’s performance would likely be adversely affected by a decline in the Index. Investments in emerging markets and non-U.S. securities are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation, intervention and political developments. There is no guarantee that the objective will be met and diversification does not eliminate risk.
Pax World Funds ("Pax") are advised by Impax Asset Management LLC, formerly Pax World Management LLC, a pioneer in the field of sustainable investing. Pax offers a diverse lineup of mutual funds focused on the risks and opportunities arising from the transition to a more sustainable global economy. Each fund integrates environmental, social and governance (ESG) research into the investment process to better manage risk and deliver competitive long-term investment performance. Since 1971, Pax has made it possible for investors to pursue financial returns while having a positive social and environmental impact.