The Pax World Funds family of Portsmouth, N.H. hit a milestone when its assets under management climbed to $1 billion on July 14. But, the family is still anxious to increase the assets of its two-year-old, $16 million Pax World Growth Fund.

The company's solution for raising assets is to waive the load on the Pax World Growth Fund for several months. Investors do not have to pay the 2.5 percent front-end load through Sept. 7.

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