About PXGOX
Impax Global Opportunities Fund Institutional Class is a global equity mutual fund designed to achieve long-term capital growth by investing in companies positioned to benefit from the worldwide transition toward a more sustainable economy. The fund employs a bottom-up investment strategy, focusing on businesses with durable competitive advantages, robust financial characteristics, and attractive long-term prospects. A proprietary "Impax Sustainability Lens" is used to identify companies best equipped to seize opportunities and mitigate risks associated with sustainability challenges, seamlessly integrating ESG research into the selection process. The portfolio, typically consisting of 35 to 45 holdings, is diversified across sectors and regions, with a significant allocation to U.S.-based companies and notable international exposure spanning Europe and Asia. Excluded from the fund are companies involved in fossil fuels extraction or refining, weapons, firearms, and tobacco, underscoring its commitment to socially conscious investing. Benchmarked against the MSCI ACWI (Net) Index, the fund targets institutional investors seeking exposure to the global large-cap growth segment while emphasizing sustainable business practices and positive environmental impact.
Fund Family Impax Asset Management
Category World Large-Stock Growth
Stock Exchange NASDAQ
Ticker Symbol PXGOX
Share Class Institutional Class
Index MSCI AC World NR USD
PXGOX had a total return of 7.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.96%.