Praxis Growth Index Fund Class I (MMDEX)
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Praxis Growth Index Fund Class I Profile
| NASDAQ Exchange | US Country |
Overview
The fund is designed to cater to investors who are looking to participate in the growth potential of U.S. large-capitalization stocks while adhering to stewardship investing principles. It aims to mirror the performance of the U.S. large-cap growth equities market, specifically tracking the S&P 500 Growth Index. This investment strategy is characterized by a commitment to investing at least 80% of its assets in securities and investments that are part of its benchmark index. The focus is on companies that are not only part of the U.S. large-cap growth segment but also align with the core values of stewardship investing, which often includes considerations such as environmental sustainability, social responsibility, and governance (ESG) criteria.
Products and Services
- U.S. Large Cap Growth Equities Exposure
This product offers investors exposure to U.S. large-cap growth stocks, aiming to reflect the performance of the S&P 500 Growth Index. It is suited for investors seeking growth through equity investments in some of the largest and most influential companies in the United States. The focus is on companies demonstrating significant growth potential, reflected through revenues, earnings, or cash flows.
- Stewardship Investing Core Values Alignment
The fund is committed to stewardship investing principles, choosing investments that align with specific core values. These include considerations for the environment, social governance, and ethical business practices. It targets investors who not only aim for financial returns but also want to ensure their investments contribute positively to society and the environment.
- 80% Benchmark Index Alignment Investment
Adhering to its investment strategy, the fund ensures that at least 80% of its assets are invested in securities that form part of its benchmark index, the S&P 500 Growth Index. This strict adherence promotes a focused investment strategy that aims to closely replicate the performance of the benchmark, providing investors with a clear expectation of the fund's market exposure and risk alignment.
