Praxis files registration statement for PRXI, a faith-based international equities ETF

Set to launch mid-2026

Company updates | March 12, 2026

Praxis Investment Management^TM, a company of Everence^® and a leading faith-based investment manager, filed an initial registration statement with the SEC for an exchange-traded fund (ETF) focused on developed-international equities outside North America. The Praxis Impact International ETF (PRXI) is expected to launch in mid-2026, pending regulatory review, and will be listed on the NYSE.

The Praxis Impact International ETF is expected to deploy similar quantitative equity strategies to those used in the Praxis International Index Fund (MPLIX), though the ETF will exclude emerging markets, which are part of the mutual fund’s investment universe.

“We look forward to launching our third ETF as we work to meet the practical investment needs of faith-based investors seeking to align their portfolios with their values and help promote positive real-world impact,” said Praxis President Chad Horning, CFA. “Faith-based investors want values-centered investment options, and we are glad to be a part of the growing faith-based ETF marketplace.”

“As with our other funds, we plan to apply values and risk screening along with sustainability risk integration to help align investment selection with our stewardship investing core values,” said Benjamin Bailey, CFA, Vice President of Investments. “Our approach also emphasizes using optimization techniques as we seek to approximate the returns of a benchmark index.”

About Praxis Investment Management

Since 1994, Praxis has offered investment products designed to meet the practical needs of everyday investors seeking to steward their assets consistent with their values, while promoting positive social and environmental impact. Praxis brings a faith-based approach to ETFs, mutual funds, multi-fund portfolio solutions and money market accounts. Based in Goshen, Indiana, Praxis is a company of Everence Financial.

Disclosure

The funds have filed a registration statement with the Securities and Exchange Commission but it is not yet effective. An investment in the funds cannot be made, nor money accepted, until the registration statement is effective. An investor should consider the investment objectives, risks, and charges and expenses of the funds carefully before investing. A preliminary prospectus which contains this and other information about the funds may be obtained by writing the Funds c/o U.S. Bank Global Fund Services, P.O. Box 701, Milwaukee, Wisconsin 53201-0701, or by telephoning toll free (800) 977-2947. The information in the preliminary prospectus is not complete and may be changed. The final prospectus should be read carefully before investing, and when available may be obtained from the same source. This communication is not an offer to sell fund shares and is not soliciting an offer to buy fund shares in any state where the offer or sale is not permitted.

Consider the fund's investment objectives, risks, charges and expenses carefully before you invest. The fund's prospectus and summary prospectus contain this and other information. Call 800-977-2947 or visit praxisinvests.com for a prospectus, which you should read carefully before you invest.

Investing involves risk. Principal loss is possible. The Fund’s investment strategy could cause the fund to sell or avoid securities that may subsequently perform well, and the application of ESG (environmental, social, governance) and/or faith-based screens may cause the fund to lag the performance of its index.

Praxis Mutual Funds^® and Praxis Impact ETFs™ are advised by Praxis Investment Management, Inc. and distributed through Foreside Financial Services, LLC, member FINRA. Investment products offered are not FDIC insured, may lose value, and have no bank guarantee.