Praxis Small Cap Index Fund Class I (MMSIX)

Overview

The fund mentioned is specialized in investing predominantly in U.S. equity securities with a focus on reflecting the performance of the U.S. small capitalization equities market. This aim is achieved through strategic investments that mirror the movements of the S&P SmallCap 600 Index. As a key strategy, the fund commits at least 80% of its asset value to securities and investments directly associated with issuers listed in the fund's benchmark index. By targeting small capitalization equities, the fund seeks to capitalize on the growth potential of smaller, domestically-oriented companies within the United States.

Products and Services

The fund's products and services are primarily geared towards investors looking to gain exposure to the U.S. small-cap market. Below is a detailed overview:

• U.S. Equity Securities Investment

This core offering involves the fund investing in a diversified portfolio of equity securities selected primarily from the U.S. small capitalization market. The objective is to closely track the performance of these companies as they contribute to and reflect the dynamism of the broader U.S. economy.

• Performance Reflection of S&P SmallCap 600 Index

The fund meticulously selects investments to ensure its performance mirrors that of the S&P SmallCap 600 Index, an established benchmark for U.S. small-cap equities. By aligning its portfolio with the constituents of this index, the fund offers a transparent and measureable investment strategy directly tied to the performance of small-cap stocks.

• Minimum Asset Allocation in Index Securities

A significant portion of the fund's assets, at least 80%, is allocated to securities and investments that have a direct connection to issuers in the S&P SmallCap 600 Index. This strategic allocation underscores the fund's commitment to replicating the index's performance and provides a high level of exposure to the small-cap sector of the U.S. equity market.