Domini Impact International Equity Fund ℠ - Institutional Shares

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as of 11/30/2021

Quick Facts

$8.81

Daily Price (NAV)
Symbol
DOMOX
Daily NAV Change
$-0.13 (-1.45%)

Adviser

Domini Impact Investments LLC

Subadviser

Wellington Management Company LLP

CUSIP

257132811

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

Fund: 12/27/06
Institutional shares: 11/30/12

Fund Net Assets

Fund: $1,573.3 million
Institutional shares: $629.5 million
as of 9/30/21

Annual Expense Ratio

Gross/Net: 0.91%
Per current prospectus.

Front-End Sales Charge (Load)

None

Minimum Initial Investment

$500,0001

Fund Distributions

Dividends

Distributed semi-annually

Capital Gains

Distributed annually

Institutional shares are 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. Please see the Fund's prospectus for further details, or call 1-800-498-1351.

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

The Domini Impact International Equity Fund is subject to certain risks including foreign investing, emerging markets, geographic focus, country, currency, impact investing, and portfolio management 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 may be heightened in connection with investments in emerging market countries.

The Adviser’s evaluation of environmental and social factors in its investment selections and the timing of the Subadviser’s implementation of the Adviser’s investment selections will affect the Fund’s exposure to certain issuers, industries, sectors, regions, and countries and may impact the relative financial performance of the Fund depending on whether such investments are in or out of favor. The value of your investment may decrease if the Adviser’s or Subadviser’s judgement about Fund investments does not produce the desired results. There is a risk that information used by the Adviser to evaluate environmental and social factors, may not be readily available or complete, which could negatively impact the Adviser’s ability to evaluate such factors and Fund performance.

1. Investors may meet the minimum initial investment amount by aggregating up to three separate accounts under the same registration within the Institutional share class of a Fund.

Accounts will generally not be established for omnibus or other accounts for which Domini provides record keeping 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.

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. See the applicable prospectus for further information.

The performance quoted 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.

Performance

Institutional Shares Performance

Month-End Returns as of 10/31/2021
Swipe to view table
YTD 1YR 3 YR* 5 YR* 10 YR*
DOMOX 9.70% 30.04% 9.06% 7.41% 7.50%1
MSCI EAFE Index (net) 11.01% 34.18% 11.54% 9.80% 7.37%
Quarter-End Returns as of 9/30/2021
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YTD 1YR 3 YR* 5 YR* 10 YR*
DOMOX 7.06% 22.63% 5.10% 6.77% 8.26%1
MSCI EAFE Index (net) 8.35% 25.73% 7.62% 8.81% 8.10%

1Institutional Shares were not offered prior to November 30, 2012. All performance information for time periods beginning prior to November 30, 2012 is the performance of the Investor Shares. This performance has not been adjusted to reflect the lower expenses of the Institutional Shares.

Calendar Year Returns
DOMOX MSCI EAFE (NET)
2020 6.11% 7.82%
2019 17.27% 22.01%
2018 -15.93% -13.79%
2017 24.78% 25.03%
2016 3.61% 1.01%
2015 2.28% -0.82%
2014 -3.01% -4.90%
2013 26.35% 22.79%
2012 22.53%1 17.32%
2011 -13.45%1 -12.13%
Quarterly Returns
DOMOX MSCI EAFE (NET)
3rd Qtr 2021 -1.98% -0.45%
2nd Qtr 2021 4.98% 5.17%
1st Qtr 2021 4.04% 3.48%
4th Qtr 2020 14.54% 16.05%

*Average annual total returns.

1Institutional Shares were not offered prior to November 30, 2012. All performance information for time periods beginning prior to November 30, 2012 is the performance of the Investor Shares. This performance has not been adjusted to reflect the lower expenses of the Institutional Shares.

Annual Expense Ratio: 0.91%. 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. 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 certain risks, including foreign investing, emerging markets, geographic focus, country, currency, impact investing, portfolio management, market, recent events and mid- to large-cap companies 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 may be heightened in connection with investments in emerging market countries. 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 Institutional 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

Top Ten Portfolio Holdings as of 10/31/2021
Security Weight
Merck KGaA 2.31%
Sanofi S.A. 2.29%
Novartis AG 2.16%
Sika AG 2.09%
Koninklijke Ahold Delhaize N.V. 1.97%
ABB Ltd 1.94%
Hoya Corporation 1.91%
Techtronic Industries Co Ltd 1.90%
Vodafone Group Plc 1.84%
Check Point Software Tech 1.73%
Total 20.14%
GICS Sector Weightings as of 9/30/2021
Sector Weight
Industrials 18.90%
Financials 17.30%
Health Care 15.30%
Information Technology 12.50%
Consumer Discretionary 11.80%
Consumer Staples 7.30%
Communication Services 5.80%
Real Estate 5.50%
Materials 4.90%
Utilities 0.70%
Total 100.00%
Country Weightings as of 9/30/2021
Country Weight
Japan 23.50%
Switzerland 11.20%
United Kingdom 10.90%
France 7.20%
Germany 6.40%
Netherlands 4.90%
United States 4.60%
Australia 3.60%
Italy 3.60%
Sweden 3.10%
Other 20.90%
Total 100.00%

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

Formerly the Domini European PacAsia Social Equity Fund.

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 9/30/2021
Swipe to view table
Fund MSCI EAFE Index
Number of Holdings 197 843
Annual Turnover (as of July 31, 2021)** 88% -
Weighted-Average Market Cap ($M) 39,775 80,511
Median Market Cap ($M) 11,808 14,370
Price/Book Ratio 1.6x 1.8x
Price/Earnings Ratio (Trailing 12 Months) 16.7x 19.0x
Return on Equity (Trailing 12 Months) 10.6% 10.6%
Tracking Error (1-Year Projected) 2.9% -
Beta (1-Year Projected) 0.94 -

* Source: Wellington Management Company LLP, as calculated by its proprietary portfolio management system, except as noted by **. All characteristics are as of September 30, 2021, unless otherwise noted.

Definitions

Annual Turnover is the lesser of purchases or sales for the trailing 12 months divided by the portfolio's average trailing 13-month net asset values.

Price/Book Ratio is the weighted harmonic average of the price/book ratios of the stocks in the portfolio, which are the stocks’ most recent closing prices divided by their book value per share.

Price/Earnings Ratio is the weighted harmonic average of the price/earnings ratios of the stocks in the portfolio, which are the stocks’ most recent closing prices divided by their earnings per share over the trailing 12 months.

Dividend Yield is the weighted harmonic average of the dividend yields of the stocks in the portfolio, which are the stocks’ dividends per share over the trailing 12 months divided by their most recent closing prices.

Return on Equity is the portfolios total net income less cash preferred dividends divided by the portfolio's total common equity.

Tracking Error is the standard deviation of residual returns, which are the differences between fund's projected returns and the index's projected returns. Tracking error measures the degree of dispersion of fund returns around the index. Generally, the higher the tracking risk, the greater the active bets the manager has taken.

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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