Insights

Domini Impact International Equity Fund Investor Share Class Receives Five Star Overall Morningstar Rating


We apply social, environmental and governance standards to all of our investments, believing they help identify opportunities to provide competitive returns to our fund shareholders while also helping to create a more just and sustainable global economic system.

We are very pleased to announce that the Domini Impact International Equity Fund Investor share class (DOMIX) received an Overall Morningstar rating of five stars as of June 30, 2019, based on risk-adjusted return.  The Fund’s Investor shares received three stars for the last 3 years rated against 297 U.S. domiciled Foreign Large Value funds, five stars for the past 5 years rated against 238 U.S. domiciled Foreign Large Value funds and five stars for the past 10 years rated against 161 U.S. domiciled Foreign Large Value funds. Other share classes may have different ratings.

The Fund's class A shares (DOMAX)(load waived)* received an Overall Morningstar rating of five stars as of June 30, 2019, based on risk-adjusted return. The Fund’s A shares (load waived) received three stars for the last 3 years, five stars for the past 5 years and five stars for the last 10 years rated against 297, 238, and 161 U.S. domiciled Foreign Large Value funds, respectively. 

The Fund's Institutional share class (DOMOX) also received an Overall Morningstar rating of four stars as of June 30, 2019, based on risk-adjusted return. The Institutional shares received three stars for the last 3 years, five stars for the past 5 years and five stars for the last 10 years rated against 297, 238, and 161 U.S. domiciled Foreign Large Value funds, respectively. 

The Fund's Y share class (DOMYX) received an Overall Morningstar rating of five stars as of June 30, 2019, based on risk-adjusted return. The Y shares received three stars for the last 3 years, five stars for the past 5 years and five stars for the last 10 years rated against 297, 238, and 161 U.S. domiciled Foreign Large Value funds, respectively. **


1 Class A shares were not offered prior to 11/28/2008. All performance information for time periods beginning prior to 11/28/2008 is the performance of Investor Shares class (DOMIX).

2 Institutional shares were not offered prior to 11/30/2012. All performance information for time periods beginning prior to 11/30/2012 is the performance of Investor Shares class (DOMIX).

3 Class Y shares were not offered prior to 7/23/2018. All performance information for time periods beginning prior to 7/23/2018 is the performance of Investor Shares class (DOMIX).

*The Domini Impact International Equity Fund’s Class A shares are intended for investors who invest through a financial advisor. They carry a front-end sales charge (load) of up to 4.75% that is paid to the advisor buying the Fund on behalf of the investor. If you do not invest through a financial advisor, please refer to the Investor shares.

An investment in the Domini Funds is not a bank deposit and is not insured. You may lose money.

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. 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. The tables above do 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 each Fund’s net asset values and assumes all dividends and capital gains were reinvested.

Although the Funds' Investor shares, R shares and Institutional shares are no-load, certain fees and expenses apply to a continued investment and are described in the prospectus. The composition of the Funds' portfolios are subject to change. The Domini Impact International Equity Fund is subject to market, market sector, impact investing, 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.

The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

The ratings information contained herein ©2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


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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