About PXWGX
Impax US Sustainable Economy Fund is a mutual fund that focuses on large-cap US equities, aiming to invest in companies that are strategically positioned to benefit from the transition to a more sustainable economy. The fund employs a systematic investment strategy, integrating both proprietary tools and external metrics to identify and manage financial and sustainability-related opportunities and risks. Central to its approach is the Impax Sustainability Lens, which helps weight the portfolio towards sectors and companies with strong transition tailwinds while minimizing exposure to those facing sustainability headwinds. The portfolio construction process emphasizes companies with high environmental, social, and governance (ESG) ratings, using the Impax Systematic ESG Rating to guide selections. Typically, the fund maintains broad diversification across sectors—with notable allocations in technology, financials, healthcare, and industrials—and adheres to a strict fossil fuel policy, generally excluding companies heavily involved in fossil fuel exploration and production unless credible climate mitigation plans exist. The fund's primary goal is long-term capital appreciation, making it significant within the sustainable investing and ESG-focused investment landscape.
Fund Family Impax Asset Management
Category Large Blend
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PXWGX
Share Class Investor Class
Index Russell 1000 TR USD
PXWGX had a total return of 23.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.92%.
