Praxis Small Cap Fund receives Lipper Leader rating

Praxis news |

Fund celebrates recognition along with fifth anniversary

The Praxis Small Cap Fund, celebrating its fifth anniversary, was named a Lipper Leader by Lipper Inc. The Fund is managed by Luther King Capital Management and advised by Everence Capital Management.

Rated amongst its U.S. small cap fund peers, the Praxis Small Cap Fund (A shares: MMSCX; I shares: MMSIX) was recognized as a Lipper Leader in the Total Return and Tax Efficiency categories as of April 30, 2012. The Praxis Small Cap Fund I shares is also a Lipper Leader in the Consistent Return category for the same time period.

The Lipper Leader designation is given only to the top 20 percent of all funds in each category.

“We are pleased that the diligent work and solid track record delivered by our partners at Luther King Capital Management has been recognized by Lipper,” said Chad Horning, CFA®, Everence chief investment officer.

Praxis Mutual Funds president David Gautsche, CLU®, CLF®, acknowledged the Lipper Leader rating as an important accomplishment for the Praxis Small Cap Fund.

“We are very satisfied with our results,” added Gautsche, “especially given the tumultuous investment market we’ve experienced in recent years.”

The Praxis Small Cap Fund seeks capital appreciation through a portfolio consisting primarily of smaller company stocks, while incorporating stewardship investing criteria.

About Praxis Mutual Funds and Everence

Praxis Mutual Funds, advised by Everence Capital Management, is a leading faith-based, socially responsible family of mutual funds designed to help people and groups integrate their finances with faith values. To learn more, visit www.praxismutualfunds.com.

Disclosure

There are special risks associated with small capitalization issues, such as market illiquidity and greater market volatility than large capitalization issues.

Lipper Leaders measures analyze past fund performance, and investors should remember that past performance is no guarantee of future results. Lipper Leaders’ status is calculated monthly using data available at the time of calculation; Lipper undertakes no responsibility for updating the calculations more frequently than monthly to incorporate more current data. For more information, please email LipperLeaders@lipper.reuters.com.

Lipper ratings for Total Return reflect funds’ historical total return performance relative to peers as of April 30, 2012. Lipper ratings for Consistent Return reflect funds’ historical risk-adjusted returns, adjusted for volatility, relative to peers as of April 30, 2012. Lipper ratings for Tax Efficiency reflect funds’ historical success in postponing taxable distributions relative to peers as of April 30, 2012.The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Consistent Return, Preservation, and Expense metrics over three-, five-, ten-year and overall periods (if applicable). The highest 20 percent of funds in each peer group are named Lipper Leader or a score of 5, the next 20 percent receive a score of 4, the middle 20 percent are scored 3, the next 20 percent are scored 2, and the lowest 20 percent are scored 1. The Praxis Small Cap Fund (A shares) received the following ratings for the 3-year period and overall, respectively: Total Return: 4 and 5 (438 funds in peer group); Tax Efficiency: 5 and 5 (438 funds in peer group). The Praxis Small Cap Fund (I shares) received the following ratings for the 3-year period and overall, respectively: Total Return: 4 and 5 (438 funds in peer group); Consistent Return: 5 and 5 (437 funds in peer group); Tax Efficiency: 5 and 5 (438 funds in peer group). Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperleaders.com. Thomson Reuters Copyright 2012, All Rights Reserved.