Domini Social Equity Fund

Institutional Shares Overview

Socially and environmentally concerned investors have social, as well as financial, objectives. The Domini 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 3/31/2013 unless otherwise noted. On November 30, 2006, the Domini 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:
6/3/1991
Initial Sales Fee

None (no-load)
Fund Net Assets
$824.8 Million
Expense Ratio1
0.80% annually
Dividends
Quarterly
Capital Gains
Annually
Minimum Initial Investment2
$1 million (as of 11/30/2012)
Newspaper Listings
Investor Shares: Domini Soc Inv-Soc Eq
CUSIP Number
257132852

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

Investment Strategy
The 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
Investment Advisor and Sponsor: Domini Social Investments LLC.

Subadvisor: 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
Domini evaluates the Fund’s current and potential investments against its social and environmental standards based on the businesses in which they engage, as well as on the quality of their relations with key stakeholders, including 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 Institutional share class of the Domini Social Equity Fund is available to investors that meet the minimum investment requirements, have been approved by the distributor, and fall within the following categories: endowments, foundations, religious organizations and other nonprofit entities, individuals, retirement plan sponsors, family office clients, private trusts, certain corporate or similar institutions, or omnibus accounts maintained by financial intermediaries.3
  • 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.
1. Until November 30, 2013, 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.
 
2. Investors may meet the minimum initial investment amount by aggregating up to three separate accounts within the Institutional share class of a Fund.
 
3. 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.

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.
 

Past performance is no guarantee of future results.

The Domini Social Equity Fund is not insured and is subject to market risks. You may lose money. Although the Domini Social Equity Fund Investor 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.

The Domini Funds maintain portfolio holdings disclosure policies that govern the timing and circumstances of disclosure to shareholders and third parties of information regarding the portfolio investments held by the Funds.

Printer-friendly version   Send to friend