|Inception Date:||October 1, 1993|
|Type of Fund:||Global Large Cap Core|
|Sales Charge:||None, 12b-1: 0.25%|
|Net of Fees||1.24%|
|Gross of Fees
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 Global Women's Equality Fund operating expenses, gross of any fee waivers or reimbursements, for Individual Investor Class and Institutional Class shares are 1.70% and 1.45%, respectively, as of 5/1/2013. The Global Women’s Equality Fund’s investment adviser has contractually agreed to reimburse expenses (excluding Acquired Fund Fees and Expenses) allocable to Individual Investor Class and Institutional Class shares of the Global Women’s Equality Fund to the extent such expenses exceed 1.24% and 0.99% of the average daily net assets of Individual Investor Class and Institutional Class 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.
The Pax World Global Women’s Equality Fund seeks to outperform the MSCI World (Net) Index by investing in companies around the globe that are leaders in advancing gender equality and women’s empowerment. The Fund focuses on identifying large-cap companies with strong fundamentals and identified catalysts for growth.
Long-term growth of capital.
Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. See prospectus for additional information.
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The MSCI World Index consists of the following 24 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States. Investors cannot invest directly in any index.