February 13, 2007
DOMINI LAUNCHES TWO INTERNATIONAL FUNDS, OFFERING INVESTMENT
OPPORTUNITIES WITH GLOBAL IMPACT
Investors Who Care About Social and Environmental Issues Can Now Make
a Difference in Asia and Europe
New York, NY – With two newly launched international funds,
Domini Social Investments continues to provide new ways for U.S. investors to
make their voices heard around the world.
The Domini PacAsia Social Equity Fund (NASDQ: DPAFX) and Domini EuroPacific Social Equity Fund (NASDQ:
DUPFX), togetherwith Domini’s other equity funds, now offer investors access to
global investment opportunities. They also empower shareholders to bring about social and environmental
change, drawing companies around the world into
dialogue on such issues as global warming, sweatshop labor, and product safety.
Domini is the only investment advisor
in the U.S. to offer regional mutual funds that include social and
environmental as well as financial standards. The company’s new funds will use
the same active management strategy that was pioneered by the Domini European Social Equity Fund (NASDQ:
DEUFX) and recently adopted by the company’s flagship
U.S. fund, the Domini Social Equity Fund
(NASDQ: DSEFX). Domini’s equity funds are managed by a team that
combines the strengths of Domini Social Investments and Wellington Management
Company, LLP.
The Domini European Social Equity
Fund, which launched in October 2005, returned
44.3% for the year ended December 31, 2006, versus 34.4%
for the MSCI Europe Index. According to Morningstar, this places the fund in the
top 10% of mutual funds in the Europe Stock category, and makes it the
highest-ranked diversified large-cap European fund for that one-year period.*
“Like our European fund, these new
funds can help investors gain exposure to expanding economies around the
world,” said Amy Domini, Domini’s founder and CEO. “The Domini PacAsia Social
Equity Fund builds out our successful regional fund structure, while the Domini
EuroPacific Social Equity Fund offers a single international solution for investors
who understand the importance and impact of their investment decisions.”
The two new Domini funds commenced
operations on December 27, 2006, and are offered in no-load Investor class shares
and in an A-share format (NASDQ: DPAPX and DUPPX).
“International investing represents
a great opportunity, and a significant challenge, for people who want their
investments to make a difference on a global scale,” said Amy Domini. “Europe is
leading the world in corporate social responsibility and sustainable business
models, and we and our shareholders are excited about being a part of that. Meanwhile,
dramatic economic growth in Asiahas often been
accompanied by pollution, deforestation, sweatshop labor, and human rights
violations. This is a region where conscious, responsible investing is needed,
and can really make a difference.”
“Investors in Domini’s new funds
will help influence companies in Asia and the Pacific Rim to take social and
environmental concerns into account as they build successful businesses,”
Domini continued. “We expect to have a positive impact, as we already do in the
U.S. and Europe, both by applying standards to our investment choices and, when
we can, by engaging companies in direct dialogue, encouraging the best
practices and challenging the worst.”
In managing its equity funds, Domini
Social Investments uses rigorous internal research to evaluate current and
potential holdings against social and environmental standards, assessing the
quality of a corporation’s relations with communities, customers, ecosystems,
employees, investors, and suppliers. Wellington Management applies financial
standards, seeking to add value through a quantitative stock selection approach
and managing risk through portfolio construction. On behalf of its
shareholders, Domini also strives to be an active and responsible owner of the
companies in its funds’ portfolios, seeking to advance fairer and more
sustainable business practices.
Call Domini at 1-800-762-6814 or
visit www.domini.com
for a copy of our Global Investment
Standards booklet.
About Domini
Social Investments
Domini Social Investments manages
$1.6 billion in assets for individual and institutional mutual fund investors
seeking to create positive change in society by integrating social and
environmental standards into their investment decisions. Two fundamental
principles underlie the global investment standards that Domini applies to each
of its investment products: the promotion of a society that values human
dignity and the enrichment of our natural environment. Domini views these twin
goals as crucial to a healthier, wealthier, and more sustainable world.
* Based on total returns for the
12-month period ending 12/31/06 of mutual funds included by Morningstar in the Europe
Stock category, the Domini European Social Equity Fund was in the 9th
percentile, ranking #8 out of 98 funds. All higher-ranking funds pursue
investment strategies focused on small companies, emerging markets, or single
countries within Europe. Data for Morningstar percentile rankings provided by
Morningstar, Inc.® 2007. All rights reserved. Performance rankings do not
consider sales charges, and are subject to change monthly. The foregoing does not indicate a Morningstar
Rating (“star rating”) for the Domini European Social Equity Fund, which
currently has less than a three-year performance history. Morningstar provides
star ratings for funds with at least a three-year history.
####
Each investor should consider the Domini
Funds’ investment objectives, risks, charges, and expenses carefully before
investing. Obtain a copy of each Fund’s current prospectus for more complete
information on these and other topics by calling 1-800-762-6814 or at www.domini.com. Please read the
prospectus carefully before investing or sending money.
Past
performance is no guarantee of future results. The returns quoted above
represent past performance after all expenses. Economic and market conditions
change, and both will cause investment return, principal value, and
yield to fluctuate so that an investor’s shares, when redeemed, may be worth
more or less than their original cost. Current performance may be lower or
higher than the performance data quoted. For performance information current to the
most recent month-end, call 1-800-762-6814 or visit www.domini.com. A 2.00% redemption fee is charged on sales
or exchanges of shares made less than 60 days after the settlement of purchase
or acquisition through
exchange, with certain exceptions. Performance data quoted above does not
reflect the deduction of this fee which would reduce the performance quoted.
See the Fund’s prospectus for further information.
The Domini Funds are subject to market risks and are not insured.
The performance information quoted above does
not reflect the deduction of taxes that a shareholder would pay on Fund
distributions or the redemption of Fund shares. Total return is based on the
Fund’s net asset values and assumes all dividends and capital gains were
reinvested. An investment in the Fund is not a bank deposit and is not insured.
You may lose money. Certain fees payable by the Fund were waived during the
period, and the Fund’s average annual total returns would have been lower had
these not been waived. The Morgan Stanley Capital International Europe Index (MSCI
Europe) is an unmanaged index of common stocks. Investors cannot invest
directly in the MSCI Europe.
Investing
internationally involves special risks, such as currency fluctuations, social
and economic instability, differing securities regulations and accounting
standards, limited public information, possible changes in taxation, and
periods of illiquidity. These risks are magnified in emerging markets.
DSIL Investment
Services LLC (DSILD), Distributor. 02/07