About PXWEX
The Impax Ellevate Global Women's Leadership Fund Investor Class is a globally diversified mutual fund that focuses on investing in large-cap companies demonstrating strong gender diversity and equity practices. Its primary objective is to allocate capital toward firms with significant representation of women in leadership roles, such as on boards of directors and in senior management positions. The fund employs a systematic investment approach, using the proprietary Impax Gender Score to rank companies based on multiple criteria, including board and executive diversity, pay equity, gender-related policies, and overall commitment to advancing women throughout the organization. Firms with top gender leadership rankings are overweighted in the portfolio, while those with weaker gender profiles are underweighted or excluded. By emphasizing gender equity, the fund aims to capture the financial and societal benefits associated with inclusive corporate leadership. In addition to its gender lens, the fund maintains a diversified allocation across sectors and regions, with notable holdings in technology, healthcare, and consumer sectors. This approach positions the fund as a leader in the sustainable and responsible investing space, appealing to investors seeking both global equity exposure and positive social impact.
Fund Family Impax Asset Management
Category World Large-Stock Blend
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PXWEX
Share Class Investor Class
Index MSCI World NR USD
PXWEX had a total return of 20.83% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.32%.
