Pax World Management Corp. has launched three new mutual funds focused on environmental and international concerns. The funds are Pax World Global Green Fund, Pax World Small Cap Fund, and Pax World International Fund.
There is a growing demand for investment options that integrate sustainability concerns into financial analysis and decision making, said Pax World President & CEO Joe Keefe. With the addition of these three funds, Pax World now offers investors a choice of eight different mutual funds in a range of asset classes following a sustainable investing model.
The Global Green Fund invests in multi-national environmental leaders and seeks to take advantage of the rapid expansion of environmental markets including alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
The World Small Cap Fund seeks long-term growth of capital by investing in small companies that are innovative and motivated to grow their businesses. The World International Fund aims for long-term capital growth by investing in companies outside the United States.
The funds are immediately available through Pax World and will soon be available through leading brokerage platforms.