Praxis Value Index Fund

_{Download the quarterly fact sheet (PDF) for standardized performance.}

_{Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost.}

_{For the periods indicated, the performance depicted for Class A shares uses historic performance of the Class B shares for the period from Jan. 4, 1994, to May 11, 1999, but imposes the expense structure of Class A shares. The performance depicted for Class I shares uses historic performance of the Class B shares for the period from Jan. 4, 1994, to May 11, 1999 and Class A shares for the period May 12, 1999 to April 30, 2006; but imposes the expense structure of Class I shares.}

_{Benchmark: S&P 500 Value Index through December 22, 2024; and CRSP US Large Cap Value Index thereafter. The S&P 500® Value Index measures constituents from the S&P 500 that are classified as value stocks based on three factors: the ratios of book value, earnings and sales to price. CRSP US Large Cap Value Index represents the Value Style for companies covering top 85% of cumulative capitalization of CRSP US Total Market. Indexes are unmanaged, do not incur fees and it is not possible to invest directly in an index.}