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Tue, 12/18/2001 - 13:00 | by Wesley Furgiuele
December 18, 2001
DOMINI UNVEILS NEW WEB SITE FOR SOCIALLY RESPONSIBLE INVESTORS
Site to be “Most Comprehensive” Look at Socially Responsible Investing on the Internet
NEW YORK, NY – Domini Social Investments, manager of the Domini Social Equity Fund (ticker symbol: DSEFX), the nation’s oldest and largest socially responsible index fund, has launched a new web site (www.domini.com) believed to be“the most comprehensive treatment of Socially Responsible Investing on the Internet.”
The revamped web site provides easy access to a wealth of new information for prospective investors and current shareholders. The site’s unique “SRI Primer” provides an easy-to-read introduction to the main concepts of socially responsible investing for mutual fund investors interested in exploring this increasingly popular investment approach. In addition, the site provides information on Domini’s own funds, including:
· Profiles of all 400 companies in the Domini 400 Social IndexSM – including strengths and weaknesses of each company;
· How Domini uses social and environmental screens to select its investments;
· How Domini uses its leverage as a shareholder to promote greater corporate social responsibility; and
· How Domini invests in community economic development.
The new site also includes a Learning & Planning section covering investment basics;
commentaries on fund performance; a Media Center providing easy access to key information for members of the press; a section for institutional investors (retirement plans, universities, foundations and other organizations); and interactive investment calculators allowing site visitors to evaluate which investment strategies work best for them.
“We want this site to be a place where ordinary investors can go to get basic information on socially responsible investing,” said Amy Domini, founder and managing principal of Domini Social Investments. “We think it’s a friendly, accessible and educational site. We hope others do too.”
Domini Social Investments manages more than $1.5 billion in assets for individual and institutional investors seeking to create positive change by integrating social and environmental values into their investment decisions. Its flagship fund, the Domini Social Equity Fund, was the first socially and environmentally screened index fund and is the nation's largest socially responsible index fund. The Fund includes companies with positive records in community involvement, the environment, diversity and employee relations, and excludes companies deriving significant revenues from alcohol, tobacco, gambling, nuclear power and weapons contracting. In addition to the Domini Social Equity Fund, Domini also offers the Domini Social Bond Fund (Ticker: DSBFX) and an FDIC-insured money market account (in partnership with ShoreBank), both of which focus on community economic development.
Please obtain a prospectus by calling 1-800-762-6814 or online at www.domini.com. Read it carefully before you invest or send money. DSIL Investment Services LLC (DSILD), Distributor. The Domini Social Equity Fund is not affiliated with any bank and is not insured. DSILD and ShoreBank are not affiliated.
Domini 400 Social IndexSM is a service mark of KLD Research & Analysts, Inc (“KLD”). which is used under license. KLD is the owner of the Domini 400 Social IndexSM ("the Index"). KLD determines the composition of the Index but is not the manager of the Domini Social Index Portfolio, the Domini Social Equity Fund, or the Domini Institutional Social Equity Fund. 12/01