Impax Ellevate Global Women’s Leadership Fund

Shareclass
Impax Ellevate Global Women's Ldr Instl (PXWIX)
Type
Open-end mutual fund
Sustainability mandate
Member of US-SIF
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
21.78%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
63
holdings flagged
22%
of assets flagged
Member of the Forum for Sustainable and Responsible Investment
This asset manager is a member of the Forum for Sustainable and Responsible Investment, a group advancing sustainable, responsible, and impact investing.
Member of The Forum for Sustainable and ResponsibleInvestment icon
This fund contains
 $173.76 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
2 holdings
0.04% of assets
$325,777 invested
banks
Banks and lenders
13 holdings
4.68% of assets
$37.33 MILLION invested
consumers
Major consumer brands
49 holdings
17% of assets
$136.25 MILLION invested
Commodity producers
Commodity producers
2 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
2 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Mondi PLC
    Paper/pulp producer
    0.02%0.02% of portfolio
    $173,674$173,674 invested
    Paper/pulp producer
  • 2. Stora Enso Oyj Class R
    Timber producerPaper/pulp producer
    0.02%0.02% of portfolio
    $152,103$152,103 invested
    Timber producerPaper/pulp producer
Banks and lenders
Banks and lenders
13 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
13 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Citigroup Inc
    1.62%1.62% of portfolio
    $12.92M$12.92M invested
  • 2. JPMorgan Chase & Co
    1.31%1.31% of portfolio
    $10.49M$10.49M invested
  • 3. Bank of America Corp
    0.54%0.54% of portfolio
    $4.35M$4.35M invested
  • 4. Commonwealth Bank of Australia
    0.3%0.3% of portfolio
    $2.39M$2.39M invested
  • 5. BNP Paribas Act. Cat.A
    0.17%0.17% of portfolio
    $1.33M$1.33M invested
View next 5
Major consumer brands
Major consumer brands
49 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
49 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    3.48%3.48% of portfolio
    $27.82M$27.82M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Pearson PLC
    Paper/pulp major consumer brand
    1.71%1.71% of portfolio
    $13.68M$13.68M invested
    Paper/pulp major consumer brand
  • 3. Starbucks Corp
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.62%1.62% of portfolio
    $12.89M$12.89M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Clorox Co
    Soy major consumer brandPalm oil major consumer brand
    1.38%1.38% of portfolio
    $11M$11M invested
    Soy major consumer brandPalm oil major consumer brand
  • 5. Koninklijke DSM NV
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.27%1.27% of portfolio
    $10.12M$10.12M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Nov 2023
Financial performance
Performance data provided byMorningstarFind more financial data on PXWIX at Morningstar.com
Current fund
PXWIX
Impax Ellevate Global Women’s Leadership Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.52% less in annualized returns
Less invested in commodity producers 
0.68% less invested
More invested in banks and lenders 
1.5% more invested
More invested in major consumer brands 
6.57% more invested
Current fund
PXWIX
Impax Ellevate Global Women’s Leadership Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.52% less in annualized returns
Less invested in commodity producers 
0.68% less invested
More invested in banks and lenders 
1.5% more invested
More invested in major consumer brands 
6.57% more invested
Current fund
PXWIX
Impax Ellevate Global Women’s Leadership Fund
Family
Impax Asset Management
Category
Global Large-Stock Blend
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.52% less in annualized returns
Less invested in commodity producers 
0.68% less invested
More invested in banks and lenders 
1.5% more invested
More invested in major consumer brands 
6.57% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PXWIX - Impax Ellevate Global Women’s Leadership Fund
10%
4.33%
8.4%
8.06%
0.04% 
Benchmark
ACWI - iShares MSCI ACWI ETF
14%
6.03%
10%
8.58%
0.72% 
Fund compared to benchmark
 
-3.81%
-1.7%
-1.74%
-0.52%
0.68%  lower
Find more financial data on PXWIX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
More from Invest Your Values
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