Origins

How we started

Founded in 1994, Praxis Mutual Funds® is designed to help people and groups integrate their finances with their values. Praxis is a mutual fund family of Everence Financial®, a comprehensive faith-based financial services organization helping individuals, organizations and congregations.

We believe that the Great Commandment tells us to:

“‘Love the Lord your God with all your heart and with all your soul and with all your mind and with all your strength.’ The second is this: ‘Love your neighbor as yourself.’ There is no commandment greater than these.” - Mark 12:30-31

When we apply the Great Commandment to our money, it means we need to be just as concerned about the impact of our investments on others as we are about the financial returns we receive.

At Praxis, we do this through stewardship investing – a philosophy of financial decision making that balances social and financial considerations and is motivated and informed by our faith convictions.

What is Praxis?

Invest in what matters

Praxis Mutual Funds, advised by Everence Capital Management, integrates social and financial considerations, while seeking to make a real, positive impact on the world around us. Some call it socially responsible investing or values-based investing, Praxis calls it stewardship investing, because we believe in being good stewards with our investments. Invest in Praxis Funds directly or incorporate our Funds in your investment portfolios and retirement accounts.
Green cityscape

Values-based and risk-driven company screening

Recognizing that no company is perfect, we seek to carefully balance performance with the desire to have a portfolio that reflects our stewardship investing core values. We use a combination of our traditional values screens and an industry-leading, data-driven screening process.
Chocolate and cacao beans

Robust shareholder advocacy

We take stock ownership seriously and communicate with corporate management at the companies we are invested in. Praxis leads initiatives to talk with the companies and also works together with other concerned investors to promote positive social change.
Little girl getting an oral vaccine

Positive investments

We seek to include investments that both generate a competitive financial return and deliver a clear and direct benefit to people and our planet. These investments include renewable energy, low-income housing, international development, and medical research.
Teleconference business meeting

Conscientious proxy voting

Praxis believes it’s our responsibility to communicate with corporate management about issues of financial and social concern through careful, values-driven voting of proxies.
Watering a young seedling

Community development investing

Praxis commits approximately 1 percent of each fund to deep-impact community development investing that helps provide economic opportunity for disadvantaged individuals and communities across the country and around the world.

Praxis funds

Put your faith and values into action

Praxis Mutual Funds are different in subtle ways, like the flexibility to set up an income tithing plan, so that dividends from your fund investments go straight to supporting your selected charities. The Praxis fund family includes five funds:

Praxis Impact Bond Fund1

Seeks current income and to a lesser extent seek capital appreciation, while incorporating stewardship investing criteria.

Praxis Growth Index Fund2

Seeks capital appreciation through a portfolio of stocks intended to parallel the investment performance of the U.S. large-cap, growth-style equities market, while incorporating stewardship investing criteria.

Praxis International Index Fund3

Seeks capital appreciation through a portfolio of equity securities that seeks to reflect the performance of both foreign developed and emerging equity markets, while incorporating stewardship investing criteria.

Praxis Small Cap Index Fund4

Seeks capital appreciation through a portfolio of equity securities that seeks to reflect the performance of the U.S. small capitalization equities market, while incorporating stewardship investing criteria.

Praxis Value Index Fund2

Seeks capital appreciation through a portfolio of stocks intended to parallel the investment performance of the U.S.large-cap, value style equities market, while incorporating stewardship investing criteria.

Praxis Genesis portfolios

We make it less complicated

We offer three Praxis Genesis Portfolios5, allowing you to invest in the risk level that may best fit your situation6. 

Praxis Genesis Conservative Portfolio

Seeks current income, as a secondary objective, capital appreciation.

Praxis Genesis Balanced Portfolio

Seeks long-term capital appreciation and growth of income, with current income a secondary objective.

Praxis Genesis Growth Portfolio

Seeks capital appreciation with current income as a secondary objective.

Find fund performance information, Fund details, and the prospectus at the Praxis Mutual Funds website. 

Connect with a representative

Talk with an Everence representative to invest in Praxis Mutual Funds.

Find a representative Contact us

Talk to your financial advisor to invest in Praxis Mutual Funds. To open an account yourself, complete an online application or download and mail a paper application.

Learn more about Praxis Mutual Funds at the Praxis Mutual Funds website.

Shareholder customer service
800-977-2947
praxisinfo@everence.com

 

Stewardship investing core values

Your values, your impact

Six values guide our approach to stewardship investing. These values express our best expectations for corporate behavior and provide a consistent standard for current and future investments.
Group of kids running together in the park
  • Respect the dignity and value of all people
  • Build a world at peace and free from violence.
  • Demonstrate a concern for justice in a global society.
  • Exhibit responsible management practices.
  • Support and involve communities.
  • Practice environmental stewardship.

Inspiring stories

Real impact, it matters

More stories

Everence Money Market Account

Flexible access to your accounts

Place your funds in an Everence Money Market Account, and you will get the flexibility and convenience to write checks.

  • Receive a competitive interest rate on your savings. 
  • Support underserved communities through Providence Bank & Trust.

Learn more

Resources

Disclosure

1 Bond funds will tend to experience smaller fluctuations in value than stock funds. Investors in any bond fund, however, should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates.

2 Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities.

3 Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations.

4 Formerly named Small Cap Fund. There are special risks associated with small capitalization issues, such as market illiquidity and greater market volatility than large capitalization issues.

5 Ranges provided in the pie charts may vary from the actual allocation and may include up to 10 percent in non-Praxis funds and Exchange Traded Funds as a means to gain exposure to unique investment characteristics not available in the underlying Praxis funds. The screening criteria may differ from the Everence core stewardship investing guidelines.

6 Because each fund in the Genesis Portfolios is a “fund of funds,” the cost of investing in a fund may be higher than the cost of investing directly in the shares of the underlying funds in which they invest. Each fund will bear its share of fees and expenses of the underlying funds, in addition to indirectly bearing the principal risks of those funds.

Everence Capital Management and Providence Bank & Trust are not affiliated. The Everence Money Market Account is not distributed by Foreside Financial Services, LLC.

An investment in the Praxis Mutual Funds is not a deposit in a bank account and is not insured or guaranteed by the FDIC or any other government agency.

The Everence Money Market Account is FDIC insured (subject to FDIC rules and limits) for up to $250,000 through Providence Bank & Trust. Please note, however, that for purposes of determining the FDIC coverage, any money that you have on deposit directly with Providence Bank & Trust will be combined with the amount on deposit in your Everence Money Market Account.

The Fund’s stewardship investing strategy could cause the fund to sell or avoid securities that may subsequently perform well, and the application of social screens may cause the fund to lag the performance of its index.

You should consider the fund’s investment objectives, risks, charges and expenses carefully before you invest. The fund’s prospectus and summary prospectus contain this and other information. Call 800-977-2947 or visit praxismutualfunds.com for a prospectus, which you should read carefully before you invest.

Praxis Mutual Funds are advised by Everence Capital Management and distributed through Foreside Financial Services, LLC, member FINRA. Investment products offered are not FDIC insured, may lose value, and have no bank guarantee.