Domini Impact International Equity Fund ℠ - Investor Shares

View all Funds
as of 12/10/2018

Quick Facts

$7.55

Daily Price (NAV)
Symbol
DOMIX
Daily NAV Change
$-0.06 (-0.79%)

Manager:

Domini Impact Investments LLC

Submanager:

Wellington Management Company LLP

Symbol:

DOMIX

CUSIP:

257132704

Fund Type:

Diversified mid- to large-cap international stocks, socially screened

Inception Date:

12/27/06

Net Assets:

Fund: $1,397.8 Million

Investor shares: $599.6 Million

as of 9/30/18

Annual Expense Ratio:

Gross and Net: 1.43%

Initial Sales Fee:

None (no-load)

Minimum Initial Investment:

$2,500 for non-retirement accounts

$1,500 for IRAs, custodial accounts and accounts opened with an automatic investment plan

Fund Distributions

Dividends:

Semi-annually

Capital Gains:

Annually

Fund Fact Sheet

Overview

The Domini Impact International Equity Fund helps you access a world of investment opportunity, while using your investment dollars to encourage corporate responsibility. Investments in companies across Europe, the Asia-Pacific region, and throughout the rest of the world let you take advantage of broad international diversification with the convenience of one mutual fund.

Investment Objective

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

Investment Strategy

The Fund invests primarily in stocks of companies in Europe, the Asia-Pacific region, and throughout the rest of the world that meet Domini Impact Investments’ social and environmental standards.

Subject to these standards, Wellington Management Company LLP, the Fund’s subadvisor, seeks to add value using a diversified quantitative stock selection approach, while managing risk through portfolio construction.  

Management

Investment Advisor and Sponsor: Domini Impact Investments LLC.

Subadvisor: Wellington Management Company LLP.

Shareholder Activism

The Fund seeks to use its position as a shareholder to raise issues of social and environmental performance with corporate management.

Social and Environmental Standards

Domini evaluates the Fund’s 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:

  • 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.

Risks

An investment in the Domini Impact International Fund is not a bank deposit and is not insured. You may lose money. An investment in the Fund is also subject to market, sector concentration, foreign investing, and style risks. 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.

The reduction or withdrawal of historical financial market support activities by the U.S. Government and Federal Reserve, or other governments/central banks could negatively impact financial markets generally, and increase market risk which could adversely affect the Fund’s returns.

Although the Domini Impact International Equity Fund Investor shares are no-load, certain fees and expenses apply to a continued investment and are described in the prospectus

The Fund's returns, quoted above, represent past performance after all expenses, which is no guarantee of future results. Investment return, principal value, and yield will 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. Each Fund charges a 2.00% redemption fee on sales or exchanges of shares made less than 30 days after the settlement of purchase or acquisition through exchange, with certain exceptions. See the applicable prospectus for further information. 

The performance 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 Domini Impact Equity Fund is not a bank deposit and is not insured. You may lose money. An investment in the Fund is subject to market, sector concentration, style, and foreign investing risks.


Performance

Investor Shares Performance

Month-End Returns as of 10/31/2018
Swipe to view table
YTD 1YR 3 YR* 5 YR* 10 YR*
DOMIX -11.76% -10.64% 2.68% 2.65% 7.77%
MSCI EAFE (net) -9.28% -6.85% 3.62% 2.02% 6.89%

*Average annual total returns.

Quarter-End Returns as of 9/30/2018
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YTD 1YR 3 YR* 5 YR* 10 YR*
DOMIX -3.78% -1.04% 8.13% 5.23% 5.93%
MSCI EAFE (net) -1.43% 2.74% 9.23% 4.42% 5.38%

*Average annual total returns.

Calendar Year Returns
Swipe to view table
DOMIX MSCI EAFE (GROSS) MSCI EAFE (NET)
2017 24.60% 25.62% 25.03%
2016 3.05% 1.51% 1.01%
2015 1.76% -0.39% -0.82%
2014 -3.27% -4.48% -4.90%
2013 25.77% 23.29% 22.79%
2012 22.53% 17.90% 17.32%
2011 -13.45% -11.73% -12.13%
2010 11.25% 8.21% 7.74%
2009 28.68% 32.45% 31.79%
2008 -46.65% -43.06% -43.39%
2007 2.22% 11.62% 11.18%
Quarterly Returns
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DOMIX MSCI EAFE (GROSS) MSCI EAFE (NET)
2nd Qtr 2018 -3.70% -0.97% -1.24%
1st Qtr 2018 -0.67% -1.41% -1.53%
4th Qtr 2017 2.86% 4.27% 4.23%
3rd Qtr 2017 4.47% 5.47% 5.40%
2nd Qtr 2017 6.01% 6.37% 6.12%
1st Qtr 2017 9.39% 7.39% 7.25%
4th Qtr 2016 -0.96% -0.68%
3rd Qtr 2016 6.52% 6.50%
2nd Qtr 2016 -3.51% -1.19%
1st Qtr 2016 1.24% -2.88%
4th Qtr 2015 2.33% 4.75%
3rd Qtr 2015 -7.59% -10.19%
2nd Qtr 2015 1.68% 0.84%
1st Qtr 2015 5.83% 5.00%
4th Qtr 2014 -1.46% -3.53%
3rd Qtr 2014 -4.76% -5.83%
2nd Qtr 2014 2.69% 4.34%
1st Qtr 2014 0.37% 0.77%
4th Qtr 2013 6.11% 5.75%
3rd Qtr 2013 11.29% 11.61%
2nd Qtr 2013 -0.86% -0.73%
1st Qtr 2013 7.42% 5.23%

*Average annual total returns.

Annual Expense Ratio: 1.43%. Per current prospectus.

Past performance is no guarantee of future results. The Fund’s returns quoted above represent past performance after all expenses. The returns reflect any applicable expense waivers in effect during the periods shown. Without such waivers, Fund performance would be lower. Investment return, principal value, and yield will fluctuate.  Your shares, when redeemed, may be worth more or less than their original cost. Select the Performance Tab above for more complete performance information, including returns current to the most recent month-end, which may be lower or higher than the performance data quoted. A 2.00% redemption fee applies on sales or exchanges of shares made less than 30 days after the settlement of purchase or acquisition through exchange, with certain exceptions. See the prospectus for further information. 

An investment in the Domini Impact International Equity Fund is not a bank deposit. The Fund is not insured and is subject to market, market segment, style and foreign investing risks. Investing internationally involves special risks, such as currency fluctuations, social and economic instability, differing security regulations and accounting standards limited public information possible changes in taxation, and periods of illiquidity. You may lose money. Select the Overview tab above or see the prospectus for more information on risk.

The performance above does not reflect the deduction of fees and 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.

Although the Domini Impact International Equity Fund Investor shares are no-load, certain fees and expenses apply to a continued investment and are described in the prospectus.

The Morgan Stanley Capital International Europe Australasia Far East (MSCI EAFE) index is an unmanaged index of common stocks. It is not available for direct investment. MSCI EAFE (gross) includes the reinvestment of dividends but reflects no deduction for fees, expenses or taxes. MSCI EAFE (net) includes the reinvestment of dividends net of withholding tax, but does not reflect other fees, expenses or taxes.

Holdings

Ten Largest Holdings as of 10/31/2018
Company % of Portfolio
SANOFI 3.1%
NISSAN MOTOR CO LTD 2.3%
NOVARTIS AG REG 2.2%
CENTRAL JAPAN RAILWAY CO 2.1%
ALLIANZ SE REG 2.1%
SANDVIK AB 2.0%
AXA SA 1.9%
KONINKLIJKE AHOLD DELHAIZE N 1.7%
VODAFONE GROUP PLC 1.7%
SHIONOGI + CO LTD 1.7%
Total 20.7%
Sector Weightings as of 9/30/2018
Sector % of Portfolio
Financials 21.68%
Industrials 14.80%
Consumer Discretionary 13.37%
Health Care 11.89%
Information Technology 9.07%
Materials 7.84%
Consumer Staples 7.71%
Real Estate 7.66%
Communication Services 4.23%
Energy 1.34%
Utilities 0.42%
TOTAL 100.00%
Country Diversification as of 9/30/2018
Country % of Portfolio
Japan 22.90%
France 14.20%
United Kingdom 13.63%
Switzerland 7.37%
Netherlands 6.82%
Germany 5.96%
Sweden 5.21%
Australia 5.00%
Singapore 2.42%
South Korea 1.99%
Other 14.52%
TOTAL 100.00%

View the most recent quarterly holdings report filed with the Securities and Exchange Commission.

View Complete Portfolio Holdings

The composition of the Fund's portfolio is subject to change. View the most current list of the Domini Impact International Equity Fund's holdings. 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.

Characteristics

Portfolio Overview

Socially screened, mid- to large-capitalization international equity fund.

Investment Style:

Blend

Weighted Average Market Capitalization:

Large
Portfolio Statistics* as of 9/30/2018
Swipe to view table
 Fund MSCI EAFE**
Price-to-Earnings Ratio (projected) 12.2x 13.2x
Price-to-Book Ratio 1.4x 1.8x
Beta (projected) 1.02 --
R-squared (projected) 0.97 --
Total Number of Holdings 173 913

*These statistics are provided by Wellington Management as calculated by its proprietary portfolio management system.

**The Morgan Stanley Capital International Europe, Australasia and Far East Index (MSCI EAFE) is an unmanaged index of common stocks. Investors cannot invest directly in an index.

Definitions

The Price/Earnings Ratio is a stock’s current price divided by the company’s trailing 12-month earnings per share. 

The Price/Book Ratio is used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. The P/E and P/B ratio of a fund is the weighted average of the price/earnings and price/book ratios of the underlying stocks in a fund’s portfolio. 

R-squared measures how a fund’s performance correlates with a benchmark index’s performance and shows what portion of it can be explained by the performance of the overall market/index. R-squared ranges from  0, meaning no correlation, to 1, meaning perfect correlation.

Beta is a measure of the volatility of a fund relative to its benchmark index. A beta greater (less) than 1 is more (less) volatile than the index.

The composition of the Fund's portfolio is subject to change. View the most current list of the Domini Impact International Equity Fund's holdings. 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.

The Morgan Stanley Capital International Europe, Australasia, and Far East Index (MSCI EAFE) is an unmanaged index of common stocks. It is not available for direct investment. MSCI EAFE (gross) includes the reinvestment of dividends but reflects no deduction for fees, expenses or taxes. MSCI EAFE (net) includes the reinvestment of dividends net of witholding tax, but does not reflect other fees, expenses or taxes. The composition of the Fund’s portfolio is subject to change.


Check the background of DSIL Investment Services LLC and its investment professionals on FINRA's BrokerCheck. Before investing, consider the Domini Funds’ investment objectives, risks, charges, and expenses. View or order a prospectus. Read it carefully.

DSIL Investment Services LLC (DSILD) distributor, Member FINRA.

Domini Impact Investments LLC (Domini) is the Funds’ investment manager. The Funds are subadvised by unaffiliated entities.

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