About MPLIX
The Praxis International Index Fund Class I is a passively managed mutual fund specializing in global equities outside the United States. Its primary purpose is to seek capital appreciation by investing in the shares of foreign companies that are organized, headquartered, or primarily traded in international markets. This fund stands out for its diversified approach, spanning multiple sectors such as technology, telecommunications, financial services, and industrials. Notable portfolio holdings include firms like Taiwan Semiconductor Manufacturing, ICICI Bank, Tencent Holdings, and Samsung Electronics, illustrating the fund’s broad international exposure and commitment to tracking a representative index of foreign large-cap equities. With low fees and a disciplined, index-based investment process, Praxis International Index Fund Class I offers investors efficient access to foreign developed markets. Its portfolio is constructed to provide broad diversification, moderate turnover, and cost-effective exposure to global economic growth, making it a practical option for those seeking international equity exposure within a core investment strategy.
Fund Family Praxis Investment Management, Inc.
Category Foreign Large Blend
Stock Exchange NASDAQ
Ticker Symbol MPLIX
Share Class Class I
Index Index is not available on Lipper Database
MPLIX had a total return of 16.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.10%.
