Now anyone who visits the Pax Funds website can see how we've voted. In addition, Pax shareholders can more easily see how their money is being leveraged in line with their beliefs. Proxy Monitor will assist Pax World by providing recommendations based on the family's social screens. Pax and Proxy Monitor will then collaborate to inform Pax Web site visitors about recent proxy items, upcoming meeting dates and, most importantly, Pax World's voting decisions on proxy questions.
Shareholder activism plays a huge role in socially responsible investments.
Pax's up-front method of dealing with the issues at hand shows their commitment to informing shareholders and to the socially responsible investment community as a whole. The Funds invest in companies that produce goods and services that improve the quality of life such as health care, technology, housing, food, education, pollution control, utilities, and leisure-time activities. The Funds do not invest in companies that make defense or weapons-related products or that derive revenue from the manufacture of tobacco, alcohol, or gambling products. Its research encompasses over 18,000 companies in the United States and abroad, the largest coverage offered by any proxy advisory service. Its voting agent service provides investment managers, pension funds, banks and other institutional investors with a turnkey solution to proxy voting compliance.