Growth Fund
Inception Date: June 11, 1997
Type of Fund: Growth
Symbol: PXWGX
CUSIP: 704223403
Minimum Investment: $1000
Sales Charge: None, 12b-1: 0.25%
Expense Ratio (05/01/2013):
Net of FeesMore info 1.29%
Gross of Fees More info
Net of Fees

The net expense ratio is the expense ratio of the fund after applicable expense waivers or reimbursements. This is the actual expense ratio that investors paid during the fund’s most recent fiscal year.

Total annual Growth Fund operating expenses, gross of any fee waivers or reimbursements, for Individual Investor Class, Class A, Institutional Class and Class R shares are 1.44%, 1.44%, 1.19% and 1.69%, respectively, as of 5/1/2013. The Growth Fund’s investment adviser has contractually agreed to reimburse expenses (excluding Acquired Fund Fees and Expenses) allocable to Individual Investor Class, Institutional Class and R Class shares of the Growth Fund to the extent such expenses exceed 1.29%, 1.29%, 1.04% and 1.54% of the average daily net assets of Individual Investor Class, Class A, Institutional Class and Class R shares, respectively. This reimbursement arrangement will remain in effect until at least December 31, 2015.

Gross of Fees

Gross Expense Ratio represents the total gross expenses (net expenses with waivers added back in) divided by the fund's average net assets. If it is not equal to the net expense ratio, the gross expense ratio portrays the fund's expenses had the fund not waived a portion, or all, of its fees.

1.44%
Inception Date: May 1, 2013
Type of Fund: Growth
Symbol: PXGAX
CUSIP: 704223585
Minimum Investment: $1000
Sales Charge: 5.50%, 12b-1: 0.25%
Expense Ratio (05/01/2013):
Net of FeesMore info 1.29%
Gross of Fees More info 1.44%
Inception Date: April 2, 2007
Type of Fund: Growth
Symbol: PWGIX
CUSIP: 704223502
Minimum Investment: $250,000
Sales Charge: None, 12b-1: 0.00%
Expense Ratio (05/01/2013):
Net of FeesMore info 1.04%
Gross of Fees More info 1.19%
Inception Date: April 2, 2007
Type of Fund: Growth
Symbol: PXGRX
CUSIP: 704223601
Minimum Investment: No Minimum
Sales Charge: None, 12b-1: 0.50%
Expense Ratio (05/01/2013):
Net of FeesMore info 1.54%
Gross of Fees More info 1.69%

The Fund is an equity fund that seeks to grow capital over the long-term by investing primarily in the common and/or preferred stocks of companies considered to have above-average growth potential.

Historical growth of $10,000
over a 10-year time period
Data as of 12/31/03 to 12/31/13

Performance shown in the Growth of $10,000 chart does not include any applicable sales charges and fees. The chart represents a hypothetical investment at the beginning of the time period shown.

Strategy:

Portfolio Manager Biography

Anthony Trzcinka, CFA, is Portfolio Manager of the Pax World Growth Fund. He is also a member of the portfolio management teams of the Pax World Balanced Fund and the Pax World Global Women’s Equality Fund. Mr. Trzcinka joined Pax World in 2003. He began his career in financial services in 1999. Prior to joining Pax World, he spent over three years at AEW Capital Management as an Assistant Vice President. He holds a Master of Business Administration from Northeastern University and a Bachelor of Arts from the University of Massachusetts. Mr. Trzcinka is a CFA charterholder and member of the Boston Security Analysts Society.

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