Praxis Growth Index Fund Class I (MMDEX)
Praxis Growth Index Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Goshen, IN, US. The stock last traded at $61.56, up 0.26% on the session, giving a market capitalisation of $826.5M. Its beta of 1.18 implies it has historically moved more than the broad market.
This fund primarily allocates capital to American stocks, with the main objective of mirroring the performance of the U.S. large-cap growth equity market, as specifically referenced by the S&P 500 Growth Index. Under typical conditions, a minimum of 80% of its total asset value is committed to securities issued by, or otherwise connected to, companies within its benchmark index. An additional criterion for the fund is to invest in businesses that uphold its Stewardship Investing core values.
Praxis Growth Index Fund Class I is most often compared with the following Financial Services names: