Praxis Investment Management manages investments for the Praxis Funds, a group of mutual funds. They also offer consulting services, developing portfolio lists for other investment advisors to use. Praxis seeks to invest in companies aligned with stewardship investing core values. The firm's sole owner is Everence Holdings, Inc., which is owned by Everence Association, Inc., a fraternal benefit society.
Fee Structure
Praxis Investment Management manages investments for mutual funds (Praxis Funds). They charge an asset-based fee for this service, as detailed in the fund's prospectus. They also offer consulting services, where fees range from 0.05% to 1.2% of assets under advisement, depending on the complexity of the client's circumstances. Fees are agreed upon before a contract is signed and billed monthly.