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Investment Objective
The Domini Social Equity Fund seeks to provide its shareholders with
long-term total return.
Investment Strategy
The Domini Social Equity Fund invests primarily in stocks of U.S. companies that
meet Domini Social Investments’ social and environmental standards. Subject
to these 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.
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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
to assess the quality of a corporation’s 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.
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1Until November 30, 2010,
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, 0.80% of the daily net assets representing Institutional shares,
absent an earlier modification by the Fund’s Board of Trustees.
2Institutional share
accounts 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 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 Institutional share accounts (other than
retirement plan accounts). 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.
Institutional share
accounts 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.
The
Domini Social Equity Fund is not insured and is subject to market risks. You
may lose money. Although the Domini Social Equity Fund Institutional shares
are 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.
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