Domini Social Equity Fund Ranks in Top 10% of Peer Group for One- and Three-Year Periods Ended March 31, 2011
New York, NY - April 14, 2011 - Domini Social Investments announced today that the Domini Social Equity Fund (Nasdaq: DSEFX) ranked in the top 10% of its peer group for the 1-year and 3-year periods ended March 31, 2011.
"Our fund shareholders appreciate the fact that we work on their behalf to bring universal human dignity to those who lack it and ecological sustainability to our planet," said Amy Domini, Founder and CEO of Domini Social Investments. "We are proud to contribute to investors' triple bottom line: people, the planet, and profit."
Domini credited the Fund's strong performance during these time periods to its innovative partnership with Wellington Management Company, subadviser to the Fund since November 30, 2006. The Fund’s unique approach, designed to capitalize on each firm’s strengths, has delivered industry-leading financial performance and high social and environmental impact.
Domini is responsible for establishing the Fund’s investable universe through its proprietary social and environmental analysis. Domini utilizes more than 600 key performance indicators to implement its comprehensive Global Investment Standards.
Domini’s research framework is both broad and in-depth, focusing on the key sustainability challenges and opportunities faced by each company, within its industry context. Wellington Management then applies its quantitative modeling techniques to construct a portfolio of Domini-approved stocks. Domini then engages with portfolio holdings through proxy voting and more direct forms of shareholder activism.
The Domini Social Equity Fund was founded in 1991 by Amy Domini, widely recognized as the leading voice for socially responsible investing. Her most recent book has been translated into Japanese, Korean, and Chinese, a tribute to her pioneering work to bring finance into the business of building a better world for our children.
About Domini Social Investments
Domini Social Investments manages a global family of mutual funds for individual and institutional investors seeking to create positive change in society by integrating social and environmental standards into their investment decisions. Please visit www.domini.com for more information.
|Average Annual Total Returns as of 3/31/2011|
|DSEFX||S&P 500||% Rank in Category*||Quintile