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Pax World Funds (\"Pax World\") are advised by Impax Asset Management LLC, forme

ID: 2614764 • Letter: P

Question

Pax World Funds ("Pax World") are advised by Impax Asset Management LLC, formerly Pax World Management LLC, a sustainable investment firm. Pax World integrates Environmental Social and Corporate Governance (ESG) factors into investment analysis and portfolio construction. For over 45 years, Pax World has made it possible for investors to align their investments with their values and have a positive social and environmental impact. Its platform of sustainable investing solutions includes a family of mutual funds, as well as separately managed accounts

DEFINITION of 'Socially Responsible Investment - SRI'

An investment that is considered socially responsible because of the nature of the business the company conducts. Common themes for socially responsible investments include avoiding investment in companies that produce or sell addictive substances (like alcohol, gambling and tobacco) and seeking out companies engaged in social justice, environmental sustainability and alternative energy/clean technology efforts. Socially responsible investments can be made in individual companies or through a socially conscious mutual fund or exchange-traded fund (ETF

Explanation / Answer

there is no question or problem asked in the question , so I think you would like to know detail about PAX World fund.

Impax Asset Management LLC, formerly Pax World Management LLC , is a very reputed and old investment advisory company , headquartered at portsmouth ,New Hamsphire,US.Pax World had launched its first SRI mutual fund in the United States in 1971. Recently in start of 2018 , Impax Asset Management Group plc had acquired all shares of Pax World Management LLC, investment adviser to Pax World Funds.

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