The team running Pax Sustainable Allocation has been steady for nearly four years and stands to benefit from increasing support, but it hasn’t shown a demonstrable edge in asset allocation, and the underlying fund lineup doesn’t stand out. The fund earns a Morningstar Analyst Rating of Neutral for both share classes.
Will PAXWX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAXWX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PAXWX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PAXWX’s parent organization’s priorities and whether they’re in line with investors’ interests.