Pax Esg is trading at 27.78 as of the 26th of November 2024; that is 0.69% up since the beginning of the trading day. The fund's open price was 27.59. Pax Esg has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Pax Esg Beta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
The Adviser follows a sustainable investing approach, investing in companies that the Adviser believes are well positioned to benefit from the transition to a more sustainable economy, integrating environmental, social and governance analysis into portfolio construction and managing the portfolio within certain risk parameters relative to the funds benchmark universe of Russell 1000 Index companies. More on Pax Esg Beta
Pax Esg Beta [PXGAX] is traded in USA and was established 26th of November 2024. Pax Esg is listed under Impax Asset Management category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Impax Asset Management family. This fund at this time has accumulated 278.33 M in assets with no minimum investment requirementsPax Esg Beta is currently producing year-to-date (YTD) return of 24.3% with the current yeild of 0.01%, while the total return for the last 3 years was 8.97%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pax Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pax Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pax Esg Beta Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pax Esg financial ratios help investors to determine whether Pax Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pax with respect to the benefits of owning Pax Esg security.