We are pleased to announce a reduction in the Investment advisory (IA) fee charged to the Praxis® International Index Fund.
Effective Jan. 1, 2020, the IA fee will be reduced from 0.48% to 0.45%. We have filed a supplement to the prospectus with the Securities and Exchange Commission, showing the impact on the overall expense ratio.
We will post the prospectus supplement on the website.
The Praxis International Index Fund invests mainly in foreign equity securities, with investments broadly diversified among countries and industries. The fund incorporates stewardship investing criteria.
Effective Jan. 1, 2020, the IA fee will be reduced from 0.48% to 0.45%. We have filed a supplement to the prospectus with the Securities and Exchange Commission, showing the impact on the overall expense ratio.
We will post the prospectus supplement on the website.
The Praxis International Index Fund invests mainly in foreign equity securities, with investments broadly diversified among countries and industries. The fund incorporates stewardship investing criteria.