| Investment Objective: |
The Praxis Impact Large Cap Growth ETF seeks capital appreciation. The Fund invests primarily in U.S. equity securities and seeks to provide investment results that correspond to the performance of the U.S. large cap growth equities market, as measured by the CRSP US Large Cap Growth Index, its performance benchmark index. Under normal circumstances, the Fund invests at least 80 percent its net assets, plus borrowings for investment purposes, in securities of large cap growth companies that are aligned with the Praxis Stewardship Investing core values. For purposes of the Fund's 80 percent policy, large cap growth companies are issuers included in the Fund's benchmark index. The benchmark index represents the growth companies in the CRSP US Large Cap Index. The Praxis Stewardship Investing core values are a set of guiding principles that inform the work of all Praxis impact-related efforts. To select specific portfolio holdings, the Adviser uses optimization techniques, including sustainability factors, to select securities according to their contribution to the Fund's overall objectives, while seeking to replicate the characteristics of the index, including risk and return characteristics. |
