{"id":26077,"date":"2019-08-22T13:11:09","date_gmt":"2019-08-22T17:11:09","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=26077"},"modified":"2019-09-30T14:49:53","modified_gmt":"2019-09-30T18:49:53","slug":"praxis-mutual-funds-celebrates-25-years-of-impact","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/praxis-mutual-funds-celebrates-25-years-of-impact\/","title":{"rendered":"Praxis Mutual Funds Celebrates 25 years of Impact"},"content":{"rendered":"
>> Back to September 2019<\/a><\/div>\n

\"PraxisPraxis Mutual Funds\u00ae, a leading faith-based, socially responsible family of mutual funds from Everence\u00ae Financial, celebrates the firm\u2019s 25th<\/sup>\u00a0anniversary in 2019 by reflecting on the lasting, real-world impact the firm has had throughout the years while looking ahead to the future.<\/p>\n

Founded in 1994, Praxis Mutual Funds\u00a0has helped individuals and institutions integrate their investments with their values through a stewardship investing approach. The firm\u2019s approach balances social and financial considerations and is motivated and informed by broadly-shared Christian faith convictions.<\/p>\n

\u201cPraxis is committed to making a real impact through its investments \u2013 not just by avoiding investment opportunities but by embracing those that lead to meaningful and lasting change,\u201d<\/em> said Chad Horning, CFA\u00ae, president of Praxis Mutual Funds.<\/p>\n

Throughout the past 25 years, Praxis achieved a number of important milestones as it implemented its own brand of stewardship investing:<\/p>\n

\u2022 The firm launched and today manages five mutual funds including the Praxis Growth Index Fund, the Praxis Impact Bond Fund, the Praxis International Index Fund, the Praxis Small Cap Index Fund and the Praxis Value Index Fund as well as the three Genesis Portfolios, mutual fund portfolios of varying risk levels comprised of the other Praxis Funds.<\/p>\n

\u2022 It implemented investment strategies to achieve consistently competitive performance.<\/p>\n

\u2022 The Praxis Impact Bond Fund was an early investor \u2013 and now a national leader \u2013 in the use of market-rate, positive impact bonds.<\/p>\n

\u2022 Its values and environmental, social and governance (ESG) screening approach integrates broadly-shared values screens with restrictions rooted in ESG data.<\/p>\n

\u2022 Since 2000, it has committed approximately 1% of each fund\u2019s assets to benefit neighborhoods and individuals through community development investments.<\/p>\n

\u2022 For more than two decades, Praxis has proactively engaged with corporate management on a range of social and environmental issues through proxy voting, shareholder advocacy and the development of investor coalitions. In fact, Morningstar recognized Praxis for \u201cwalking the walk\u201d when it comes to voting proxies in a way that is consistent with stated environmental, social and governance and environmental mandates.[1]<\/span><\/p>\n

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