Domini Impact International Equity Fund ℠ - Investor Shares

View all Funds
as of 02/20/2019

Quick Facts

$7.74

Daily Price (NAV)
Symbol
DOMIX
Daily NAV Change
$0.02 (0.26%)

Adviser

Domini Impact Investments LLC

Subadviser

Wellington Management Company LLP

CUSIP

257132704

Fund Type

Broad international stock market exposure through diversified mid- to large-cap equities in Europe, the Asia-Pacific region, and throughout the rest of the world

Fund Objective

Long-term total return

Inception Date

12/27/06

Net Assets

Fund: $1,140.3 million
Investor shares: $492.6 million
as of 12/31/18

Annual Expense Ratio

Gross/Net: 1.41%
Per current prospectus.

Front-End Sales Charge (Load)

None

Minimum Initial Investment

$2,500 for standard accounts
$1,500 for retirement accounts, custodial accounts, and accounts opened with an automatic investment plan

Fund Distributions

Dividends

Distributed semi-annually

Capital Gains

Distributed 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 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.  

Learn more

Impact Investment 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 ecosystems, communities, customers, employees, suppliers, and investors.

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.

Learn more

Engagement

The Fund advances its social and environmental objectives through proxy voting, dialogue with corporations, and the filing of shareholder resolutions.

Investor Profile

Who should invest?

  • Investors seeking long-term growth of capital
  • Investors committed to the Fund's social and environmental 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 Equity Fund is not a bank deposit and is not insured. You may lose money. An investment in the Fund is subject to market, market sector, impact investing, 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. 

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.

The Fund may change any of the policies described above at any time.

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 below, 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.


Performance

Investor Shares Performance

Month-End Returns as of 1/31/2019
Swipe to view table
YTD 1YR 3 YR* 5 YR* 10 YR*
DOMIX 7.59% -15.12% 6.63% 3.44% 9.50%
MSCI EAFE Index (net) 6.57% -12.51% 7.74% 2.66% 8.11%

*Average annual total returns.

Quarter-End Returns as of 12/31/2018
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YTD 1YR 3 YR* 5 YR* 10 YR*
DOMIX -16.34% -16.34% 2.42% 1.12% 7.28%
MSCI EAFE (gross) -13.36% -13.36% 3.38% 1.00% 6.81%
MSCI EAFE (net) -13.79% -13.79% 2.87% 0.53% 6.32%

*Average annual total returns.

Calendar Year Returns
Swipe to view table
DOMIX MSCI EAFE (GROSS) MSCI EAFE (NET)
2018 -16.34% -13.36% -13.79%
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
Swipe to view table
DOMIX MSCI EAFE (GROSS) MSCI EAFE (NET)
4th Qtr 2018 -13.05% -12.50% -12.54%
3rd Qtr 2018 0.59% 1.42% 1.35%
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 12/31/2018
Company % of Portfolio
Sanofi S.A. 3.3%
Novartis International AG 2.8%
Nissan Motor Co., Ltd. 2.4%
Allianz SE 2.3%
Telefonica S.A. 2.1%
Sandvik AB 2.0%
Kering S.A. 2.0%
Coca-Cola European Partners plc 1.9%
AXA S.A. 1.9%
Central Japan Railway Company (JR Central) 1.8%
Total 22.4%
Sector Weightings as of 12/31/2018
Sector % of Portfolio
Financials 21.0%
Industrials 15.2%
Health Care 13.9%
Consumer Discretionary 12.5%
Information Technology 9.0%
Consumer Staples 9.0%
Real Estate 6.6%
Materials 6.6%
Communication Services 5.2%
Utilities 1.1%
Energy 0.0%
TOTAL 100.00%
Country Diversification as of 12/31/2018
Country % of Portfolio
Japan 23.30%
France 13.38%
United Kingdom 12.63%
Switzerland 8.23%
Sweden 6.96%
Germany 5.77%
Netherlands 4.96%
Australia 4.92%
Spain 2.40%
Taiwan 2.00%
Other 15.45%
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 12/31/2018
Swipe to view table
Fund MSCI EAFE Index**
Number of Holdings 151 909
Annual Turnover (as of 7/31/18) 68% -
Weighted-Average Market Cap ($M) 30,456 57,659
Median Market Cap ($M) 8,742 9,502
Price/Book Ratio 1.2x 1.4x
Price/Earnings Ratio (Trailing 12 Months) 11.7x 12.8x
Dividend Yield (Trailing 12 Months) 3.3% 3.7%
Return on Equity (5-Year Average) 13.4% 15.6%
Tracking Error (Projected) 1.9% -
Beta (Projected) 1.0 -

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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