Pax MSCI EAFE ESG Leaders Index FundPXINXPXNIX

Diversified international portfolio targeting ESG leaders 

Overview


An index-based strategy that tracks the performance of the MSCI EAFE ESG Leaders Index, consisting of equity securities with favorable ESG ratings in developed markets excluding the U.S. and Canada.


Performance & Risk


Monthly Total Returns
(As of 12/31/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class2.998.4622.7822.789.465.374.85
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class2.968.5323.0123.019.735.635.12
MSCI EAFE ESG Leaders (Net) Index3.138.6023.8823.889.786.155.59
MSCI EAFE (Net) Index3.258.1722.0122.019.565.674.89
Lipper International Large-Cap Core Funds Index3.748.4520.5620.568.564.914.28
Quarterly Total Returns
(As of 12/31/2019)
Month End | Quarter End Average Annual Returns (%)
1
Month
3
Month
Year-to-
Date
1
Year
3
Year
5
Year
10
Year
Since
Inception
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class2.998.4622.7822.789.465.374.85
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class2.968.5323.0123.019.735.635.12
MSCI EAFE ESG Leaders (Net) Index3.138.6023.8823.889.786.155.59
MSCI EAFE (Net) Index3.258.1722.0122.019.565.674.89
Lipper International Large-Cap Core Funds Index3.748.4520.5620.568.564.914.28

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 12/31/2019)
 3 - Year
Standard Deviation 10.76
Alpha 0.01
Beta 0.98
R-Squared 97
Standard Deviation 10.82
Alpha 0.03
Beta 0.98
R-Squared 96


Morningstar Ratings
(As of 12/31/2019)
 Foreign Large BlendOverall3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class Rating ★★★ ★★★ ★★★ -
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class Rating ★★★ ★★★ ★★★ -
  # In Peer Group 628 628 495 -

Based on risk adjusted returns.


Lipper Rankings
(As of 12/31/2019)
 International Large-Cap Core1 Year3 Year5 Year10 Year
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class Percentile Rank 47 40 23
  Prime Rank 40 29 14
  # In Peer Group 86 74 63
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class Percentile Rank 44 33 20
  Prime Rank 37 24 12
  # In Peer Group 86 74 63

Based on total returns.


Net Asset Values
(As of 01/17/2020)
 N.A.V.% Change
Pax MSCI EAFE ESG Leaders Index Fund - Investor Class $9.64 0.31
Pax MSCI EAFE ESG Leaders Index Fund - Institutional Class $9.45 0.32

Past performance does not guarantee future results.


Portfolio


Asset Allocation
(As of 12/31/2019)


Portfolio Statistics
(As of 12/31/2019)
 Value
Assets (all share classes)$644,995,105
Number of Holdings (All)323
Turnover Ratio (12/31/2018)30


Regions
(As of 12/31/2019)


Country Allocation
(As of 12/31/2019)
 Portfolio %
Australia 9.30
Austria 0.20
Belgium 0.70
Denmark 2.70
Finland 0.80
France 9.90
Germany 10.70
Hong Kong 2.20
Ireland 0.80
Israel 0.30
Italy 1.30
Japan 23.60
Netherlands 5.90
New Zealand 0.20
Norway 0.80
Portugal 0.30
Singapore 1.70
Spain 3.80
Sweden 3.40
Switzerland 7.90
United Kingdom 12.30


Top Sectors
(As of 12/31/2019)


Top Ten Holdings
(As of 12/31/2019)