Pax Ellevate Global Women’s Leadership is a systematic, well-diversified fund whose focus on gender diversity and environmental, social, and governance principles gives it an attractive quality tilt. However, its mandate omits significant portions of the global opportunity set, and it endures lofty turnover. The fund earns a Morningstar Analyst Rating of Neutral.
Will PXWEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PXWEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PXWEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PXWEX’s parent organization’s priorities and whether they’re in line with investors’ interests.