Praxis International Index Fund Class I (MPLIX)

Overview

The fund is an investment entity that focuses on capitalizing on the potential of international markets by predominately allocating its resources into equity securities of foreign companies. These companies are either organized under the laws of, headquartered in, or have their common equity securities primarily traded in countries outside the United States. By aiming to mirror the performance of the Morningstar® Global ex-US Target Market Exposure NR USD IndexSM, the fund endeavors to provide its investors with growth by targeting a mix of both developed and emerging foreign equity markets. This approach reflects a broad-based international investment strategy, seeking to harness the diverse opportunities present outside the domestic market.

Products and Services

• Equity Securities Investment

  The fund's primary service revolves around investing in equity securities of foreign companies. This includes stocks of companies that are legally based, headquartered, or chiefly traded in countries beyond the United States. The objective is to participate in the growth of these companies by gaining a share in their potential profits or capital appreciation.

• Exposure to Developed and Emerging Markets

  By focusing on a balanced representation of foreign developed and emerging equity markets, the fund aims to take advantage of the growth dynamics of more mature markets while also tapping into the higher growth potential of emerging markets. This dual approach allows for a more diversified international exposure, aiming to mitigate risks associated with single-market investments and enhance potential returns.

• Performance Tracking of Morningstar® Global ex-US Target Market Exposure NR USD IndexSM

  The fund seeks to align its performance with that of the Morningstar® Global ex-US Target Market Exposure NR USD IndexSM. This benchmark index serves as a barometer for assessing the fund's effectiveness in capturing the investment opportunities in foreign developed and emerging markets. The index's performance is a critical metric for the fund, guiding its investment strategy and portfolio adjustments to ensure it reflects the targeted market exposure.