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Average Annual Total Returns as of
12/31/2009
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DSEFX
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S&P 500
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Category Average*
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% Rank in Category*
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Quintile
Rank**
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1 Yr
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35.56%
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26.46%
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27.20%
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10%
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1
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3 Yr
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-5.11%
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-5.61%
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-5.26%
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50%
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3
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5 Yr
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-0.37%
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0.42%
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0.51%
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69%
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4
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10 Yr
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-2.19%
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-0.95%
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-0.38%
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81%
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5
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*The Fund was ranked by total return against 963 large-capitalization
domestic core equity funds, as defined by Lipper.
**A "1" represents the top 20% of the category based on total
return, and a "5" represents the bottom 20%.
Past performance is
no guarantee of future results. The Fund's returns quoted above represent
past performance after all expenses. 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. For performance
information current to the most recent quarter and month-end, visit our website
or call 1-800-582-6757. 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 Fund's
current prospectus for further information.
For the period
reported in its current prospectus, during which net operating expenses were
capped by the Fund's Manager, the Fund's gross annual operating expenses
totaled 1.31% of net assets. Until November 30, 2010, the Fund's Manager has
contractually agreed to waive certain fees and/or reimburse certain expenses,
including management fees, so that expenses paid by the Fund will not exceed,
on a per annum basis, 1.25% of its average daily net assets representing
Investor shares.
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Lipper Ranks
Socially Responsible Fund in Top 10% of Large Cap Core Equity
New York, NY -
January 12, 2010 - Domini Social Investments announced today that the Domini
Social Equity Fund (Nasdaq: DSEFX) returned 35.56% for 2009, outperforming
the S&P 500's return by 9.1%. The Fund ranked in the top 10% of
large-capitalization domestic core equity funds tracked by Lipper for the
year.
"If you are a
responsible person you want to leave a better world for your children. It is
pretty hard to see how that can happen without investing in it," said
Amy Domini, Founder and CEO of Domini Social Investments. "The powerful
and unique pairing of Domini's social and environmental expertise with
Wellington Management Company's financial analysis has served our
shareholders well. You can make money while caring about how that money is
made."
Just over three
years have passed since the Fund's transition to an actively managed
strategy. Since November 30, 2006, Domini and Wellington Management Company
have forged an exciting relationship in order to create and deliver an
appropriate portfolio for responsible investors. Domini applies its
proprietary social and environmental analysis to create an investable
universe. Wellington Management Company then applies its quantitative
modeling techniques to construct the ultimate portfolio.
Don Tunnell,
director of quantitative research at Wellington Management and portfolio
manager for the Domini Social Equity Fund, said, "Our disciplined and
proprietary quantitative investment approach performed well with strong stock
selection driving results for the year. Performance was also aided by
Domini's social and environmental analysis, which yielded a fertile universe
of approved stocks from which we were able to build a portfolio that produced
attractive returns for shareholders."
"Over the past
two years the world saw that what happens on Wall Street creates the world
that we who live on Main Street must cope with," Ms. Domini said.
"The debate over whether investment strategies matter is over."
"Investments
must promote universal human dignity and ecological sustainability," Ms.
Domini continued. "They should no longer be allowed to hurt people or
the planet we all share. The Domini Social Equity Fund's investment approach
recognizes that. We study the way each company is responding to the key
sustainability challenges its industry faces. That is core to our research
process."
The Domini Social Equity
Fund was founded in 1991 by Amy Domini, author or coauthor of numerous books
and articles on the subject of investing within a values framework. 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. She was recently honored by Time magazine as
one of 25 "Responsibility Pioneers" who are changing the world.
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The performance
information quoted above does not reflect the deduction of taxes that a
shareholder would pay on 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. An investment in the Fund is not
a bank deposit and is not insured. You may lose money. Certain fees payable
by the Fund were waived during the period, and the Fund's average annual
total returns would have been lower had these not been waived.
Although the Domini
Social Equity Fund is no-load, certain fees and expenses apply to a continued
investment and are described in the prospectus. The composition of the Fund's
portfolio is subject to change. The Standard & Poor's 500 Index (S&P
500) is an unmanaged index of common stocks. Investors cannot invest directly
in the S&P 500.
View or call
1-800-582-6757 to receive a copy of the Funds' current prospectus for more
complete information on these and other topics. Please read the prospectus
carefully before investing or sending money.
DSIL Investment
Services LLC, Distributor. 1/10
Domini Funds, P.O.
Box 9785, Providence, RI 02940
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