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DSEFX
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S&P 500
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% Rank in Category*
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Quintile
Rank**
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1 Yr
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57.29%
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49.77%
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9%
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1
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3 Yr
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-3.99%
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-4.17%
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51%
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3
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5 Yr
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1.47%
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1.92%
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59%
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3
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10 Yr
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-2.04%
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-0.65%
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80%
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4
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*The Fund was ranked by total return against 934, 802, 667, and 389
large-capitalization domestic core equity funds, for the 1-, 3-, 5-, and 10-year
periods, respectively, 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.
High double digit returns
are attributable, in part, to unusually favorable market conditions and may
not be repeated or consistently achieved in the future.
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Domini Social Equity Fund Outperforms More Than 90% of
Large Cap Core Equity in Lipper Ranking for Year Ended March 31, 2010
New York, NY - April
29, 2010 - Domini Social Investments announced today that the Domini Social
Equity Fund (Nasdaq: DSEFX) returned 57.29% for the year ended March 31,
2010. The Fund's return outpaced the S&P 500's return of 49.77% by more
than 7%.
"It was a great
year for making money while making a difference," said Amy Domini,
Founder and CEO of Domini Social Investments.
"We want to
especially highlight that this is another positive result from our four-year
working relationship with Wellington Management Company, whose quantitative
approach dovetails nicely with our own analytical approach to social and
environmental standard-setting."
Domini and
Wellington have developed a unique and exciting relationship to create and
deliver investment portfolios to meet the needs of 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 portfolio. Domini then
engages with companies in its fund portfolios through proxy voting and more
direct forms of shareholder activism.
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.
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.
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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 subject
to market risks 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.
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.
You
should consider the Domini Funds' investment objectives, risks, charges, and
expenses carefully before investing. 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. 04/10
Domini Funds, P.O.
Box 9785, Providence, RI 02940
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