Impax Sustainable Allocation Fund
Shareclass
Impax Sustainable Allocation Inv (PAXWX)
Type
Open-end mutual fund
Manager
Gender equality score
56
/ 100 points
Overall score
Average Equileap Gender Equality Score of fund holdings, weighted by market value
Group ranking
All funds
Groups
Categories
Gender balance in leadership and workforce
27/40
Equal compensation and work life balance
10/30
Policies promoting gender equality
19/20
Commitment, transparency, and accountability
1/10
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
Impax Sustainable Allocation Fund PAXWX
Environment
Social
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This fund is a member of a sustainable and responsible investing group, and has a posted policy on their consideration of diversity and equal employment opportunity policies and practices relating to employees, company ownership or contractors.
Combination of Positive and Restricted/Exclusionary Strategies - Pax World seeks companies that encourage and foster diversity in the workplace, that offer transparency around policies and programs and that report on diversity performance. Pax World also addresses gender issues, including board diversity, through its proxy voting policies. For example, when voting on director elections, Pax World has a policy of withholding votes from, or where possible voting against, all slates of director nominees that do not include women. Pax World then registers its concerns with the company through a follow-up letter explaining the reason for our opposition to the all-male slate and encouraging the company to take steps to promote gender diversity and add women to its board of directors. More
US-SIF member fund managers: want to update your statement? Contact us
Top scoring holdings
The top 10 holdings in this portfolio with the best scores on the Equileap Gender Scorecard. In the case of ties, the holding with more assets invested is listed higher.
- 1. Transurban Group0.03% of assets$564,190 invested
- 2. QBE Insurance Group Ltd0.06% of assets$1.41M invested
- 3. Allianz SE0.01% of assets$263,353 invested
- 4. AstraZeneca PLC0.17% of assets$3.72M invested
- 5. Standard Chartered PLC0.03% of assets$613,815 invested
- 6. Yara International ASA<0.01% of assets$184,578 invested
- 7. GSK PLC0.01% of assets$230,096 invested
- 8. National Grid PLC0.17% of assets$3.79M invested
- 9. Westpac Banking Corp0.03% of assets$604,672 invested
- 10. Publicis Groupe SA0.03% of assets$603,134 invested
Bottom scoring holdings
The bottom 10 holdings in this portfolio with the worst scores on the Equileap Gender Scorecard. In the case of ties, the holding with more assets invested is listed higher.
- 1. Chemed Corp0.1% of assets$2.22M invested
- 2. Waste Connections Inc0.1% of assets$2.27M invested
- 3. Keyence Corp0.11% of assets$2.5M invested
- 4. WillScot Holdings Corp Ordinary Shares - Class A0.05% of assets$1.21M invested
- 5. Advanced Drainage Systems Inc0.04% of assets$968,256 invested
- 6. Visteon Corp0.03% of assets$704,106 invested
- 7. Cintas Corp0.07% of assets$1.64M invested
- 8. Enpro Inc0.06% of assets$1.23M invested
- 9. Arcosa Inc0.04% of assets$985,481 invested
- 10. Roivant Sciences Ltd Ordinary Shares0.14% of assets$3.18M invested
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Financial performance
Performance data provided by
Find more financial data on PAXWX at Morningstar.com
Find more financial data on PAXWX at Morningstar.comGender Equality and Returns
Enlarge
The figure above charts annualized returns and Gender Equality Fund grades. The orange marker represents this fund. The purple marker (if present) represents an assigned benchmark. Blue dots represent funds in the same Morningstar category as this fund. Dark gray dots represent funds in the same grading group as this fund. Returns are for the most recent available for this fund of 1, 3, 5, or 10 year annualized returns. The higher a fund is marked on the Y axis, the better its returns for the specified time period. The higher a fund is marked on the X axis, the better its Gender Equality Funds group ranking. Read more on the How it Works page.
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