Morningstar.com – Socially Responsible ETF Starts Trading – February 7, 2011 – In its ETF Weekly report, Morningstar.com mentions the launch of the Pax MSCI EAFE ESG Index ETF, which is part of ESG Shares^®, the first family of exchange-traded funds devoted exclusively to a Sustainable Investing approach.  The new ETF seeks to track the performance of the MSCI EAFE ESG Index, which consists of equity securities of issuers in developed markets in Europe, Australasia and the Far East that meet specific Environmental, Social and Governance (ESG) criteria. Click and scroll down to read more.

The funds described herein are indexed to an MSCI index. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI or its affiliates, and neither MSCI nor its affiliates bear any liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI and its affiliates have with ESG Shares and any related funds.

ETF Database – Pax World Launches Socially Responsible EAFE ETF (EAPS) – January 31, 2011 – Pax World is featured in an ETF Database article announcing the launch of the second product in its ESG Shares lineup, the Pax MSCI EAFE ESG Index ETF (EAPS).  The article highlights that EAPS will be the first ETF based on a sustainability or ESG-based index to target the EAFE region. Click here to read more.

The funds described herein are indexed to an MSCI index. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI or its affiliates, and neither MSCI nor its affiliates bear any liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI and its affiliates have with ESG Shares and any related funds.

Index Universe – Pax Launches Sustainable EAFE ETF – January 28, 2011 – Pax World is featured in an Index Universe article announcing the launch of its second ETF, the Pax MSCI EAFE ESG Index ETF (NYSE Arca: EAPS). Click here to read more.

The funds described herein are indexed to an MSCI index. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI or its affiliates, and neither MSCI nor its affiliates bear any liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI and its affiliates have with ESG Shares and any related funds.

SocialFunds.com - Pax World Launches Family of Sustainable Exchange Traded Funds May 20, 2010 – This piece on SocialFunds.com announces Pax World’s launch of ESG Shares, the “first family of exchange traded funds (ETFs) devoted exclusively to a sustainable investing approach.” In the article, Pax World President and CEO Joe Keefe explains that the launch of these ETFs “builds on our investment platform. Our mutual funds to date have all been actively managed funds. Now we’re managing a series of passively managed index funds as well.” Click here to read more.

Financial Planning - SRI Player Pax World Launches ESG Family of ETFs – May 19, 2010 – This piece in Financial Planning discusses the launch of ESG Shares ETFs and their Sustainable Investing approach, adding that “Pax World is the first to introduce a group of such funds to investors.” Pax World President and CEO Joe Keefe explains that Pax World is hoping “to capitalize on the growing popularity of ETFs, which has spread beyond institutional investors to envelop financial advisors who want them for their clients, and the fast-growing interest in sustainable investing principles.” Click here for more.