Whether you’re a long-time investor planning for retirement or you’re just starting out with a new career, consider choosing a Praxis Genesis Portfolio that may best suit your stage in life.
Benefits
Why choose a Genesis Portfolio
We offer three different Praxis Genesis Portfolios*, allowing you to invest in the one that best fits your goals.
Convenient
Rather than you needing to decide how to allocate your investment dollars across multiple funds to meet your investment objectives, you choose a single Portfolio that has an investment objective that may best suit your needs.
Low initial investment
$1,000 initially or $50 per month (which can be transferred automatically from your bank account)1.
Regular rebalancing
We make adjustments in how much is invested in each of the underlying Praxis funds to best meet the objectives of the Portfolios, to adjust for changes in market conditions, investment experience and other factors.
Fund options
Choose your risk level
Genesis Conservative Portfolio
Seeks current income and, as a secondary objective, capital appreciation.
The Genesis Portfolios are considered a “fund of funds”2. This is an investment approach that uses a strategy of holding a group of funds rather than investing directly in individual stocks, bonds, or other securities. The Genesis Portfolios will invest in a combination of the other Praxis Mutual Funds to achieve the investment objective of the Portfolios. The Portfolios will purchase the Class I shares of each fund. Class I shares are our lowest cost share class. The investment managers may also invest up to 10 percent of each portfolio in non-Praxis mutual funds or exchange traded funds3 to gain exposure to unique investment characteristics not available in the underlying Praxis funds and whose screening criteria may differ from the Everence core stewardship investing guidelines.
For financial professionals
Let us support you as you help your clients make a difference through Praxis Mutual Funds. Find client materials, webinars and other educational materials at Praxis for Advisors.
Disclosure
1 There may be a low balance account fee charged if certain requirements are not met. See prospectus for more details. 2 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. 3 Exchange traded funds (ETFs) involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund’s ability to sell its shares.
