Praxis Growth Index Fund receives Lipper Leader rating

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Other Praxis Mutual Funds also receive top ratings

Several Praxis Mutual Funds have been named by Lipper Inc. as Lipper Leaders, a designation given only to the top 20 percent of all funds in each category.

Rated amongst its U.S. large-cap growth fund peers, the Praxis Growth Index Fund (I shares: MMDEX) was recognized as a Lipper Leader in the Total Return, Consistent Return, Preservation and Expense categories as of Jan. 31, 2013. The Praxis Growth Index Fund A shares (MGNDX) is also a Lipper Leader in the Preservation category for the same time period.

The Praxis Intermediate Income Fund (A shares: MIIAX, I shares: MIIIX), rated amongst its U.S. intermediate investment-grade debt peers, was also named a Lipper Leader in the Preservation category as of Jan. 31, 2013.

The Praxis Small Cap Fund (I Shares: MMSIX) was also recognized as a Lipper Leader, amongst its peers of U.S. small cap fund peers, in the category of Consistent Return, as of Jan. 31, 2013. In addition, the Praxis Value Index Fund (I Shares: MVIIX), rated amongst its U.S. large cap fund peers, was named a Lipper Leader in the Expense category for the same time period.

The Praxis Growth Index, Intermediate Income and Value Index Funds are managed by Everence Financial, and the Praxis Small Cap Fund is managed by Luther King Capital Management. All of the Praxis Mutual Funds are advised by Everence Capital Management.

“The recognition of the Praxis Growth Index, Intermediate Income, Small Cap and Value Index Funds are a testament to the Funds’ investment strategy and managers,” said David C. Gautsche, CLU®, CLF®, President of Praxis Mutual Funds. “We strive to provide shareholders with opportunities to meet their investment needs while also incorporating their faith and values.”

“These ratings from Lipper are an important accomplishment for the Praxis Mutual Funds family,” added Chad M. Horning, CFA®, Everence Chief Investment Officer. “Considering the stormy investment market experienced in recent years, we are pleased with our results in the Praxis Growth Index, Intermediate Income, Small Cap and Value Index Funds.”

The Praxis Growth Index Fund seeks capital appreciation through a portfolio of stocks intended to reflect the investment performance of the U.S. large cap growth equities market. The Praxis Intermediate Income Fund seeks current income and, to a lesser extent, capital appreciation. The Praxis Small Cap Fund seeks capital appreciation through a portfolio consisting primarily of smaller company stocks. And, the Praxis Value Index Fund seeks capital appreciation through a portfolio of stocks intended to reflect the investment performance of the large cap value equities market. All of the Praxis Mutual Funds incorporate 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.

Everence helps individuals, organizations and congregations integrate finances with faith through a national team of advisors and representatives. Everence offers banking, insurance and financial services with community benefits and stewardship education. To learn more, visit www.everence.com or call (800) 348-7468.

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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 Jan. 31, 2013. Lipper ratings for Consistent Return reflect funds’ historical risk-adjusted returns, adjusted for volatility, relative to peers as of Jan. 31, 2013. Lipper ratings for Preservation reflect funds’ historical loss avoidance relative to other funds within the same asset class, as of Jan. 31, 2013. Preservation ratings are relative, rather than absolute, measures, and funds named Lipper Leaders for Preservation may still experience losses periodically; those losses may be larger for equity and mixed equity funds than for fixed income funds. Lipper ratings for Tax Efficiency (US) reflect funds’ historical success in postponing taxable distributions relative to peers as of Jan. 31, 2013. Tax Efficiency (US) offers no benefit to investors in tax-sheltered accounts such as retirement plans. Lipper ratings for Expense reflect funds’ expense minimization relative to peers with similar load structures as of Jan. 31, 2013. The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Total Return, Consistent Return, Preservation, Tax Efficiency, and Expense metrics over three-, five-, and 10-year 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 Growth Index Fund (I shares) received the following ratings for the three-year period, five-year period, and overall, respectively (number of funds rated follows the score in parentheses): Total Return: 5 (634 funds), 4 (560 funds), 5 (634 funds); Consistent Return: 5(633 funds), 4 (559 funds), 5 (633 funds); Preservation: 5 (10,258 funds), 5 (8,599 funds), 5 (10,258 funds); Expense: 5 (263 funds), 5 (216 funds), 5 (263 funds). The Praxis Growth Index Fund (A shares) received the following ratings for the three-year period, five-year period, and overall, respectively: Total Return: 4 (634 funds), 4 (560 funds), 4 (634 funds); Consistent Return: 4 (633 funds), 4 (559 funds), 4 (633 funds); Preservation: 5 (10,258 funds), 5 (8,599 funds), 5 (10,258 funds); Expense: 4 (197 funds), 4 (182 funds), 4 (197 funds). The Praxis Intermediate Income Fund (A shares) received the following ratings for the 3-year period and overall, respectively: Preservation: 5 (4,469 funds) and 5 (4,469 funds). The Praxis Intermediate Income Fund (I shares) received the following ratings for the 3-year period, 5-year period and overall, respectively: Preservation: 5 (4,469 funds), 5 (3,875 funds), and 5 (4,469 funds). The Praxis Small Cap Fund (I shares) received the following ratings for the 3-year period, 5-year period and overall, respectively: Consistent Return: 5 (468 funds), 4 (410 funds), and 5 (468 funds). The Praxis Small Cap Fund (A shares) received the following ratings for the 3-year period, 5-year period and overall, respectively: Consistent Return: 4 (468 funds), 4 (410 funds), and 4 (468 funds). The Praxis Value Index Fund (I shares) received the following ratings for the 3-year period, 5-year period and overall, respectively: Expense: 5 (189 funds), 5 (148 funds), and 5 (189 funds). The Praxis Value Index Fund (A shares) received the following ratings for the 3-year period, 5-year period and overall, respectively: Expense: 1(119 funds), 1 (109 funds), and 1 (119 funds). 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 2013. All Rights Reserved.

Ratings for load-waived I share mutual funds do not include any front-end sales load and should only be considered by investors who are not subject to a sales load.