Domini Sustainable Solutions Fund ℠ - Institutional Shares

View all Funds
as of 08/12/2020

Quick Facts

$15.74

Daily Price (NAV)
Symbol
LIFEX
Daily NAV Change
$0.35 (2.27%)

Adviser

Domini Impact Investments LLC

Subadviser

SSGA Funds Management, Inc.

CUSIP

257132779

Fund Type

Global stock market exposure through a concentrated, all-cap equity portfolio

Fund Objective

Long-term total return

Inception Date

4/1/2020

Net Assets


Fund: $10.1 million

Institutional shares: $8.0 million

as of 5/8/20

Annual Expense Ratio

Gross: 1.69% Net:1.15%*
Per current prospectus.

Front-End Sales Charge (Load)

None

Minimum Initial Investment

$500,0001

Fund Brochure

Overview

The Domini Sustainable Solutions Fund offers impact investors a new opportunity to help make a difference. Shareholders have access to a global equity portfolio seeking companies providing solutions for a better future. The Domini Sustainable Solutions Fund is designed to help you meet your own personal financial goals and address many of the world’s greatest sustainability challenges.

By investing in companies that develop and provide access to solution-oriented products and services—from renewable energy systems and electric vehicles to breakthrough medical technologies, healthy and organic food, and lending for underserved communities—we believe we can help overcome these challenges. Furthermore, through the identification of well-managed companies supporting the transition to a more sustainable economy, we believe we can also identify investments with long-term growth potential.

Investment Strategy

The Domini Sustainable Solutions Fund invests in typically fewer than 50 stocks, diversified in size and geography. It may invest globally, including in developed markets across the Americas, Europe and the Asia-Pacific region, as well as select emerging markets. It pursues a high-conviction, buy-and-hold strategy with an investment horizon of about 3 to 5 years.

Sustainability Themes

We seek companies that we believe are helping to support the following sustainability themes by developing or providing access to solution-oriented products/services, including but not limited to some of those in the following examples:

  • Accelerate the transition to a low-carbon future
    Examples
    : Renewable energy, including wind and solar technologies; Distributed generation and off-grid energy solutions; Energy storage; Electric vehicles; High-efficiency semiconductors and other energy-efficient technologies
  • Contribute to the development of sustainable communities
    Examples
    : Safe and affordable housing, Low-carbon transportation systems, Climate-resilient infrastructure; Climate-adaptation services; Sustainable design and engineering services; Smart-city technologies
  • Ensure access to clean water for drinking and sanitation 
    Examples
    :  Affordable water services; Water and wastewater treatment facilities; Water quality and filtration solutions; Water harvesting and conservation; Flow-control and plumbing
  • Support sustainable food systems
    Examples
    :  Healthy, natural, organic, and/or plant-based foods; Consumer nutrition education; Reduction of food waste; Resource-efficient agriculture; Support for local and small-scale farming
  • Promote societal health and well-being
    Examples
    :  Preventative healthcare solutions, including vaccines and health education services; Innovative diagnostics and medicines for priority and neglected diseases; Mobile medical technologies
  • Broaden financial inclusion
    Examples
    :  Affordable lending for underserved or disadvantaged communities; Financial literacy programs; Banking, insurance, and investment products/services; Access to capital for entrepreneurs and small businesses
  • Bridge the digital divide and expand economic opportunity
    Examples
    :  Information and communication technologies; Quality education or training services; Software or services that support the development of small- and medium-enterprises

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 Sustainable Solutions Fund is not insured and is subject to market, recent events, sustainable investing, portfolio management, information, mid- to large-cap companies, and small-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. You may lose money.

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

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

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

* The Fund’s Adviser has contractually agreed to waive certain fees and/or reimburse certain ordinary operating expenses in order to limit Institutional share expenses to 1.15% through November 30, 2021. There can be no assurance the Adviser will extend the expense limitations beyond such time while in effect, the arrangement may be terminated for a class only by agreement of the Adviser and the Fund’s Board of Trustees.

Before investing, consider the Domini Funds’ investment objectives, risks, charges and expenses. Contact us for a prospectus containing this and other information. Read it carefully.

The Domini Sustainable Solutions Fund is not insured and is subject to market, recent events, sustainable investing, portfolio management, information, mid- to large-cap companies, and small-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. You may lose money.

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.


View Complete Portfolio Holdings

The composition of the Fund’s portfolio is subject to change.  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. 

Institutional Shares Performance

Month-End Returns as of 7/31/2020
Swipe to view table
YTD 1YR 3 YR 5 YR Since Inception 1,2
LIFEX N/A N/A N/A N/A 52.90%
FTSE Global All Cap Index N/A N/A N/A N/A 26.17%

1Inception date April 1, 2020


Annual Expense RatioGross: 1.69% Net:1.15%. Per current prospectus. The Fund’s Adviser has contractually agreed to waive certain fees and/or reimburse certain ordinary operating expenses in order to limit Institutional share expenses to 1.15% through November 30, 2021. There can be no assurance the Adviser will extend the expense limitations beyond such time while in effect, the arrangement may be terminated for a class only by agreement of the Adviser and the Fund’s Board of Trustees.

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 Sustainable Solutions Fund is not insured and is subject to market, recent events, sustainable investing, portfolio management, information, mid- to large-cap companies, and small-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. 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 Sustainable Solutions Fund Institutional shares are no-load, certain fees and expenses apply to a continued investment and are described in the prospectus

The FTSE Global All Cap Index is a market-capitalization weighted index representing the performance of the large, mid and small cap stocks globally.  Investors cannot invest directly in the FTSE Global All Cap Index.


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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