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Socially and environmentally concerned investors have social, as well as financial, objectives. The Domini Institutional Social Equity Fund seeks to meet these objectives by offering a diversified stock portfolio for long-term capital appreciation that is consistent with social and environmental priorities.
Download a Prospectus in PDF.

Fund Highlights
All data as of 3/31/2008 unless otherwise noted. Note: On November 30, 2006, the Domini Institutional Social Equity Fund, formerly an index fund, transitioned to an active management strategy.
Symbol: DIEQX

Fund Type: Diversified large-cap equity, socially screened.

Inception Date
5/30/96

Minimum Initial Investment2
$2 Million

Net Assets 3/31/2008
$152.9 Million

Expense Ratio1
0.65% annually

Dividends
Quarterly

Capital Gains
Annually

Initial Sales Fee
None (no-load)

Newspaper Listings
Domini Social Invmts
InstSocEq

CUSIP Number
257131102

Ten Largest Holdings

Investment Objective
The Domini Institutional Social Equity Fund seeks to provide its shareholders with long-term total return.

 

Investment Strategy*

The Domini Institutional Social Equity Fund invests primarily in stocks of U.S. companies subject to Domini Social Investments’ social and environmental standards. Wellington Management Company, LLP, the Fund’s submanager, seeks to add value using a diversified quantitative stock selection approach, while managing risk through portfolio construction.

 

 

Management

The Fund's Investment Advisor and Sponsor is Domini Social Investments LLC.

 

Portfolio Submanager: Wellington Management Company, LLP.

 

Shareholder Activism
The Fund also advances its social objectives by proxy voting, through continuing dialogue with corporations and by filing shareholder resolutions.

Social and Environmental Standards
To determine which securities are eligible for investment by the Fund, Domini will evaluate current and potential holdings against its social and environmental standards based on the businesses in which corporations are engaged and the quality of their relations with communities, customers, ecosystems, employees, investors, and suppliers. Domini may determine that a security is eligible for investment even if a corporation’s profile reflects a mixture of positive and negative social and environmental characteristics. 

 

Investor Profile

Who Should Invest:
The DIEQX is a lower-cost version of the Domini Social Equity Fund offered to qualified endowments, foundations, religious organizations, nonprofit entities, and individuals and certain corporate or similar institutions that meet the minimum investment requirements.

 

Investors seeking long-term growth of capital.
Investors committed to the Fund's socially responsible investment standards. 

 

Who Should Not Invest:
Investors unwilling or unable to accept moderate to significant fluctuations in share price.

 

1Until November 30, 2008, Domini Social Investments LLC has contractually agreed to waive certain fees and/or reimburse certain expenses, including management fees, so that the Fund's expenses, net of waivers and reimbursements will not exceed, on a per annum basis, 0.65% of its average daily net assets.

 

2 Accounts in the Domini Institutional Social Equity Fund may only be established by or for the benefit of investors that have been approved by the distributor, meet the minimum investment and other requirements described below, and fall within the following categories: endowments, foundations, religious organizations, other nonprofit entities, individuals, retirement plan sponsors, certain corporate or similar institutions, and omnibus accounts maintained by financial intermediaries.

 

*The Fund pursues its investment objective by investing in the Domini Social Equity Trust (the “Portfolio”), another mutual fund with the same investment objective and strategy as the Fund. References to the Domini Institutional Social Equity Fund include the Portfolio, unless the context otherwise requires.

 

The minimum initial investment is generally $2,000,000 for an account, provided that defined contribution plan accounts must meet a minimum initial investment requirement of $10 million. Investors may meet the minimum initial investment amount by aggregating up to three separate accounts (other than retirement plan accounts) within the Fund.  Defined contribution plan accounts meet eligibility levels at the sponsor level.  Defined contribution plan accounts cannot be aggregated with defined contribution plans of unaffiliated sponsors to meet the $10 million minimum initial investment amount.

 

Accounts in the Fund will not be established for omnibus or other accounts for which Domini provides recordkeeping and other shareholder services or for which the Fund is required to pay any type of administrative payment per participant account.

 

The Fund may change any of the policies described above at any time.

 

Past performance is no guarantee of future results.

 

The Domini Institutional Social Equity Fund is not insured and is subject to market risks. You may lose money. Although the Domini Institutional Social Equity Fund is no-load, certain fees and expenses apply to a continued investment and are described in the prospectus. The composition of the Fund's portfolio is subject to change.

 

 

 

 





You should consider the Domini Funds' investment objectives, risks, charges and expenses carefully before investing. View or order a copy of the Funds' current prospectus for more complete information on these and other topics. Please read the prospectus carefully before investing or sending money.

For more information about the Domini Funds or to speak with a shareholder representative, call 1-800-762-6814. DSIL Investment Services LLC, Distributor.

Important Legal Information         Notice for Non-U.S. Investors
© 1997-2007 Domini Social Investments LLC. All rights reserved.