Performance(as of 12/31/17)
|1-Month||Quarter||YTD||1 Year||3 Year||5 Year||10 Year||Since Inception1|
|Pax Ellevate Global Women's Index Fund - Individual Investor Class||1.86||6.03||24.86||24.86||9.41||11.57||4.08||6.91|
|Pax Ellevate Global Women's Index Fund - Institutional Class||1.86||6.09||25.14||25.14||9.67||11.84||4.34||7.05|
|Pax Global Women's Leadership (Net) Index||1.43||5.17||22.78||22.78||10.02||--||--|
|MSCI World (Net) Index||1.35||5.51||22.40||22.40||9.26||11.64||5.03|
|Lipper Global Multi-Cap Core Funds Index||1.36||4.88||22.55||22.55||9.66||11.16||5.88|
Figures include reinvested dividends, capital gains distributions, and changes in principal value.
1The inception date for the Pax Ellevate Global Women’s Index Fund Institutional Class is April 19, 2006 and the Individual Investor Class inception date is October 1, 1993.
Inception of Institutional Class shares is April 19, 2006. The performance information shown for Institutional Class shares represents the performance of the Retail Class shares of the earlier acquired Women’s Equity Fund shares for the period prior to Institutional Class inception. Expenses have not been adjusted to reflect the expenses allocable to Institutional Class shares or to reflect any differences in expenses between the earlier acquired Women’s Equity Fund and the Fund. If such expense adjustments and allocable expenses were reflected, the returns would be higher than those shown. Institutional Class inception date return since April 19, 2006 is 4.98% (annualized).
As of 5/1/17 prospectus, total annual Pax Ellevate Global Women’s Index Fund operating expenses, gross of any fee waivers or reimbursements (excluding Acquired Fund fees and expenses), for Individual Investor Class and Institutional Class shares are 0.90% and 0.65%, respectively.
(as of 12/31/17)
Average Active Weights (%)
|3-month Relative Contribution (%)||Since Re-org (42-months)
Relative Contribution (%)
Portfolio Characteristics(as of 12/31/17)
|Market Cap (weighted avg.)∱||$124,984M||$135,871M|
|Number of Securities||410||1,653|
(as of 12/31/17)
Microsoft Corp. 3.0%, Texas Instruments, Inc. 2.0%, KeyCorp. 2.0%, Target Corp. 2.0%, Facebook, Inc., Class A 2.0%, Estee Lauder Cos, Inc., Class A 1.9%, Kellogg Co. 1.9%, American Water Works Co., Inc. 1.9%, Ulta Salon Cosmetics & Fragrance, Inc. 1.9% and Principal Financial Group, Inc. 1.9%. Holdings are subject to change.
†A basis point (bps) is a unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly used for calculating changes in interest rates, equity indexes and the yield of a fixed-income security.
ƒWeighted Average is an average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average.
∼Forward Price-Earnings Ratio or P/E FY1 ratio is a ratio for valuing a company that measures its current share price relative to its per-share earnings over the next 12 months.
∘Return on equity (ROE) is a ratio that provides investors insight into how efficiently a company (or more specifically, its management team) is managing the equity that shareholders have contributed to the company.
∞A historical Beta is used for Funds with greater than 2 years of performance history under the same mandate. Since Re-org Beta is used. Beta reflects the sensitivity of a Fund’s return to fluctuations in its benchmark; a beta for a benchmark is 1.00: a beta greater than 1.00 indicates above average volatility and risk.
The statements and opinions expressed are those of the author as of the date of this report. All information is historical and not indicative of future results and subject to change. This information is not a recommendation to buy or sell any security. Past performance does not guarantee future results.