Praxis Debuts International Equity ETF Focused on Values-Based Investing

Praxis Investment Management has launched the Praxis Impact International ETF (PRXI), an actively managed fund providing exposure to developed-market equities outside North America. The ETF seeks to track the characteristics of the Morningstar Developed Markets ex-North America Target Market Exposure benchmark while applying Praxis’ proprietary stewardship screens. PRXI invests primarily in foreign stocks and ADRs, emphasizing companies aligned with values such as human dignity, peace, social justice, responsible governance, community support, and environmental stewardship. The portfolio uses optimization techniques to balance impact objectives with benchmark-like risk and return characteristics.