SOURCE: MMA Praxis

January 04, 2011 10:03 ET

Everence Capital Management Launches the MMA Praxis International Index Fund

A New Way for Investors to Make a Global Impact on Our Community and the World

GOSHEN, IN--(Marketwire - January 4, 2011) - Everence Capital Management announced today the launch of its MMA Praxis International Index Fund (MPLAX for Class A Shares, MPLIX for Class I Shares). The MMA Praxis International Index Fund is a socially screened index fund that includes emerging markets, and is the only socially screened fund to use the MSCI All Country World ex-U.S. Index.

The Fund aims to provide investors with greater access to both developed and emerging international economies while also making an impact on the global community.

"We are thrilled to offer investors a new way to make a global impact and invest in emerging markets. As with all MMA Praxis Mutual Funds, the International Index Fund reflects our unique stewardship investing philosophy, including values based screening, proxy voting, shareholder advocacy and community development investing," said David Gautsche, president of MMA Praxis Mutual Funds.

The MMA Praxis International Index Fund seeks to capture the investment performance of developed and emerging international markets domiciled both in the developed markets of Europe, Australia, the Far East and other emerging markets. The Fund is managed by Aperio Group, LLC. Founded in 1999, Aperio Group focuses solely on index investing, creating and managing customized portfolios for select clients.

About Everence and MMA Praxis Mutual Funds
MMA Praxis Mutual Funds, advised by Everence Capital Management, is a faith-based, socially responsible family of mutual funds designed to help people and groups integrate their finances with faith values. Everence helps individuals, organizations and congregations integrate finances with faith through a national team of advisors and representatives. Everence offers banking, insurance and financial services with community benefits and stewardship education. To learn more, visit Everence.com or call (800) 348-7468.

An investment in this Fund entails the special risks of international investing, including currency exchange fluctuation, government regulations, and the potential for political and economic instability. The Fund's share price is expected to be more volatile than that of a U.S.-only fund.

Consider the fund's investment objectives, risks and charges and expenses carefully before you invest. The fund's prospectus contains this and other information. Call (800) 977-2947 or visit www.praxismutualfunds.com for a prospectus, which you should read carefully before you invest. MMA Praxis Mutual Funds are distributed through BHIL Distributors Inc. Member FINRA. MMA Praxis Mutual Funds are advised by Everence Capital Management. Investment products offered are not FDIC insured, may lose value and have no bank guarantee.

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