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Sustainable & Responsible Mutual Fund Chart

Fund Profile:
Praxis Genesis Conservative A Download as PDF for Printing PDF Download

Jump to: General Fund Information | Fund Institution Information | Account Minimums | Methodology | Proxy Voting Information | Specific Screening Information by Category | Performance Data


General Fund Information - [Return to Top]

Ticker: MCONX

Assets under management (AUM): $21.72M (in US$ millions) - See other performance data below

General Fund Type: Balanced Funds

Specific Sizes or Types of Investments: --

Financial Objective: Conservative Asset Allocation Fund

Specific ESG Focus: Faith-based socially responsible investing.

To invest, call: 800-348-7468

 


Institution Name:
Everence Praxis Mutual Funds

Contact info:
Web: http://www.everence.com/showitem2.aspx?id=307 (Opens in a new window)

 

Account Minimums - [Return to Top]

Minimum Account: $1,000

Minimum IRA: $1,000

 

Methodology - [Return to Top]

Screening Venue: In-house and outside

Screening Party: MSCI ESG Data and Analysis

Screening Database Used: MSCI ESG Data and Analysis

Screening Process: Praxis Mutual Funds' Stewardship Investing Guidelines use a "positive magnet screening" process that evaluates companies based on their ability to reflect a set of six positive core values. By the reverse of this process, there are certain industries and activities which are deemed inconsistent with the core values and which are summarily avoided. Such industries include alcohol, gambling, tobacco, abortion-specific products, and military contracting. New companies are added to Praxis's "social universe" of companies 1) following a successful research/conclusions at the request of fund managers, 2) when certain remedial actions are taken by a company bringing them in acceptable alignment with the Guidelines, or 3) at the recommendation of social research staff based on unusually high social responsibility characteristics. Companies are removed from the Social Universe when information is received that moves the company's social evaluation outside of acceptable parameters to the Guidelines. Fund managers exercise complete discretion in investment decision-making, based on market realities and the needs of the portfolio.

 

Proxy Voting Information - [Return to Top]

Proxy Voting Guidelines or Policies: Open external link in new window

Proxy Voting Records: Open external link in new window

 

Specific Screening Information by Category - [Return to Top]

Environment

  • Climate / Clean Technology: Positive Investment
  • Pollution / Toxics: Positive Investment
  • Other Environmental: Positive Investment

Social

  • Community Development: Positive Investment
  • Diversity & Equal Employment Opportunity: Positive Investment
  • Human Rights: Positive Investment
  • Labor Relations: Positive Investment

Governance

  • Board Issues: Positive Investment
  • Executive Pay: Positive Investment

Products

  • Alcohol: No Investment
  • Defense/Weapons: No Investment
  • Gambling: No Investment
  • Tobacco: No Investment

Other


    Performance Data - [Return to Top]

    Data provided by: Bloomberg logo - Information current as of March 31, 2017

    Year-to-date rate of return: 2.46%

    1-year rate of return: 4.91%

    3-year rate of return: 3.34%

    5-year rate of return: 4.19%

    10-year rate of return: --

    Previous year rate of return: 4.22%

    Management fee: 0.05%

    Expense ratio: 0.6%

    Standard deviation: 2.65%

    Benchmark used: Barclays Capital US Aggregate Bond

    Disclaimer: Praxis Mutual Funds are advised by Everence Capital Management and distributed through FINRA member BHIL Distributors Inc. Investment products offered are not FDIC insured, may lose value and have no bank guarantee.


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