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Spring 2011

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Among the contributions women make to a company, stock performance may be the most overlooked. The Pax World Global Women’s Equality Fund (PXWEX) is the only mutual fund in America to focus on investing in companies that are global leaders in advancing gender equality and women’s empowerment. The way we view it, when women are at the table, the discussion is richer, the decision-making process is better, the organization is stronger and the benefits are felt by everyone – including investors. To learn more, visit www.paxworld.com/womensequality Before investing in a Pax World fund, you should carefully consider the fund’s investment objectives, risks, charges and expenses. For this and other important information about the fund, please obtain a fund prospectus by calling 800.767.1729 or visiting www.paxworld.com. Please read it carefully before investing. Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Distributed by: ALPS Distributors, Inc. Member FINRA (9/11)

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