Pax Ellevate Global Women’s Leadership FundPXWEXPXWIX

Investing in companies that invest in women 

MORNINGSTAR RATING 
★★★★
Out of 717 World Large Stock Funds based on risk adjusted returns as of 3/31/18
MORNINGSTAR RATING 
★★★★
Out of 717 World Large Stock Funds based on risk adjusted returns as of 3/31/18

Overview


A global, factor-based investment strategy designed to capture the investment returns associated with gender diversity and women's leadership.


Performance & Risk


Monthly Total Returns
(As of 03/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax Ellevate Global Women's Leadership Fund - Individual Investor Class-1.72-1.56-1.5614.358.269.864.906.77
Pax Ellevate Global Women's Leadership Fund - Institutional Class1-1.71-1.47-1.4714.648.5210.135.166.91
Pax Global Women's Leadership (Net) Index-2.28-1.68-1.6812.718.91
MSCI World (Net) Index-2.18-1.28-1.2813.597.979.705.90
Lipper Global Multi-Cap Core Funds Index-1.55-1.15-1.1513.708.229.236.71
Quarterly Total Returns
(As of 03/31/2018)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception1
Pax Ellevate Global Women's Leadership Fund - Individual Investor Class-1.72-1.56-1.5614.358.269.864.906.77
Pax Ellevate Global Women's Leadership Fund - Institutional Class1-1.71-1.47-1.4714.648.5210.135.166.91
Pax Global Women's Leadership (Net) Index-2.28-1.68-1.6812.718.91
MSCI World (Net) Index-2.18-1.28-1.2813.597.979.705.90
Lipper Global Multi-Cap Core Funds Index-1.55-1.15-1.1513.708.229.236.71
1 Institutional Class Inception date return since April 19, 2006 is 4.74 (annualized).

Performance data quoted represent past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.



Risk Statistics
(As of 03/31/2018)
 Value
Standard Deviation 9.27
Alpha 0.09
Beta 0.89
R-Squared 96
Standard Deviation 9.28
Alpha 0.11
Beta 0.89
R-Squared 96


Morningstar Ratings
(As of 03/31/2018)
 Overall3 Year5 Year10 Year
Pax Ellevate Global Women's Leadership Fund - Individual Investor Class ★★★★ ★★★★ ★★★★ -
Pax Ellevate Global Women's Leadership Fund - Institutional Class ★★★★ ★★★★ ★★★★ -
# In Peer Group 717 717 591 -


Lipper Rankings
(As of 03/31/2018)
 Global Multi-Cap Core1 Year3 Year5 Year10 Year
Pax Ellevate Global Women's Leadership Fund - Individual Investor Class Percentile Rank 62 36 49 75
  Prime Rank 118 48 56 57
  # In Peer Group 193 136 115 76
Pax Ellevate Global Women's Leadership Fund - Institutional Class Percentile Rank 57 31 43 70
  Prime Rank 109 42 49 53
  # In Peer Group 193 136 115 76


Net Asset Values
(As of 04/20/2018)
 N.A.V.% Change
Pax Ellevate Global Women's Leadership Fund - Individual Investor Class $25.01 -0.56
Pax Ellevate Global Women's Leadership Fund - Institutional Class $25.14 -0.55

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 03/31/2018)


Portfolio Statistics
(As of 03/31/2018)
 Value
Assets (all share classes)$204,481,555
Number of Holdings (All)405
Turnover Ratio (12/31/2016)49


Top Sectors
(As of 03/31/2018)

 


Top Ten Holdings
(As of 03/31/2018)


Management


From left:

Heather Smith - Portfolio Manager
Julie Gorte Ph.D. - Senior Vice President for Sustainable Investing, Portfolio Manager
Scott LaBreche - Director, Portfolio Analytics and Index Optimization, Portfolio Manager