Praxis Investment Management LLC operates the Praxis Impact International ETF (PRXI) focused on developed international equities outside North America, applying values-based screening, sustainability risk integration, and quantitative equity techniques to align portfolio construction with faith-based stewardship principles; the fund aims to exclude emerging markets and to approximate a benchmark through optimization techniques, with a mid-2026 NYSE listing anticipated. The firm positions PRXI within its broader family of faith-based, values-driven investment products and emphasizes alignment of investment selection with core values, alongside measurable real-world impact. Praxis also oversees related products such as the Praxis International Index Fund (MPLIX) and other ETFs with similar quantitative and screening methodologies, reinforcing its strategy of integrating ESG criteria, risk screens, and optimization to serve faith-based investors. Headquarters are in Franklin, Tennessee, with a broader focus on serving U.S. and select international clients through its registered investment adviser and fund sponsor structure; the parent organization, Everence, and its affiliated entities provide the faith-based governance framework for product development and impact goals. Founding context traces Praxis’ growth into the ETF space as a continuation of its longstanding mission to offer values-centered investment options that seek to reflect ethical considerations in portfolio construction and real-world outcomes.
[Note: The latest public updates indicate PRXI’s intended mid-2026 launch, growth in faith-based ETF offerings, and the use of screening and optimization to map investments to ESG and stewardship criteria, with regulatory filings and issuer statements detailing these plans.]