About PGINX
The Impax Global Environmental Markets Fund Institutional Class is a mutual fund that focuses on companies delivering solutions to environmental challenges on a global scale. Its primary purpose is to seek long-term capital growth by investing at least 80% of its assets in companies involved in sectors such as alternative energy, energy efficiency, water infrastructure, environmental services, resource efficiency, digital infrastructure, and sustainable agriculture. Notably, eligible companies must generate a minimum of 20% of their revenue from environmental markets, targeting areas aligned with major macroeconomic trends like population growth, urbanization, and resource scarcity.
The fund utilizes a research-driven, bottom-up stock selection approach to identify leaders across environmental markets, aiming to capitalize on the expanding need for sustainable solutions worldwide. Its portfolio is diversified both sectorally and geographically, with substantial allocations to the United States, France, and Taiwan. Managed by Impax Asset Management, the fund is recognized for its thematic strategy and commitment to supporting the transition to a more sustainable global economy, making it a significant participant in the environmental, social, and governance (ESG) investment landscape.
Fund Family Impax Asset Management
Category World Large-Stock Blend
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PGINX
Share Class Institutional Class
Index MSCI World NR USD
PGINX had a total return of 18.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.85%.
