Praxis Investment Management, Inc.

Praxis Investment Management, Inc. primarily manages pooled investment vehicles and institutional assets, acting as investment adviser to the Praxis Funds and overseeing about $3.3 billion in discretionary assets. The firm provides portfolio management for mutual funds and ETFs and also offers consulting services, including developing portfolio lists for discretionary use by other investment advisers.

Praxis manages one actively managed bond fund and four equity index funds that use optimization techniques and incorporate ESG factors, and it operates three risk‑based fund‑of‑fund portfolios that allocate among the firm’s mutual funds to target different risk profiles. The firm employs a mix of fundamental, technical, quantitative and qualitative analysis, applies stated Stewardship Investing core values to exclude certain companies, and delegates proxy research and voting to a third‑party service that follows those guidelines.

Praxis’s operational structure includes several affiliations that are atypical for an investment manager: it is related to Everence Trust Company (a trust/banking affiliate), Everence Insurance Company, and Everence Association/Holdings, and affiliated trust and retirement clients may invest in Praxis Funds under arrangements that include fee‑crediting and payment flows to address conflicts. The firm’s role as adviser to registered investment companies, combined with these banking/trust/insurance relationships and staff who are separately registered representatives, distinguishes its business model from many peers and is disclosed in its Form ADV.