
Pax World Global Environmental Markets Fund
Pax World Global Environmental Markets Fund
Pax World Funds Series Trust I PAX WORLD GLOBAL ENVIRONMENTAL MARKETS FUND Supplement Dated September 18, 2013 to the Prospectus Dated May 1, 2013 Effective September 18, 2013, the Prospectus and Statement of Additional Information are amended, as follows:
1) The first paragraph on page 47 is deleted and replaced with the following:
The Global Environmental Markets Fund’s investment objective is to seek long term growth of capital by investing in innovative companies around the world whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.
2) The first sentence of the second full paragraph on page 49 is deleted and replaced with the following:
The Global Environmental Markets Fund invests in environmental markets—companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.

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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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