Impax Funds Series Trust I

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that the Adviser determines derive significant revenues from owning, operating, developing, or distributing sustainable infrastructure-related goods, services, or assets. The Adviser defines "sustainable infrastructure" as infrastructure that conserves, enables, or increases access to vital resources such as clean energy, water, food and agriculture, healthcare, education, finance, transportation, and data and communications.