Highlight from Our ESG Research: Community Investing

August 2022

At Domini, we conduct proprietary in-house research to evaluate the social and environmental performance of our investments. Our in-depth, independent ESG research and high standards help create prosperity not only for portfolios, but for people and planet too. During our research process, we discover many innovative initiatives worth sharing.

Building Construction

Northern Trust

Held in the Domini Impact Equity Fund portfolio.

At the intersection of financial management and social change sits the practice of socially responsible investing. Northern Trust Corp. is a U.S.-based asset manager and financial services provider that uses its business model to help meet the needs of its employees, stakeholders, and the public.

The core of Northern Trust’s socially responsible approach is its substantial community investment portfolio, which includes $3 billion for affordable housing, $208 million for micro-loans and job creation, $185 million for education and social services, and $37 million in investments for CDFIs and community credit unions that provide capital for unbanked and underbanked communities. As of 2021, Northern Trust had over $150 billion of assets that integrated ESG issues and sustainability-themed investing and screening.

Want to learn about more companies? Check out all our ESG highlights.

Before investing, consider each Fund’s investment objectives, risks, charges and expenses. Contact us at 1.800.225.3863 for a prospectus containing this and other important information. Read it carefully.

An investment in the Domini Funds is not a bank deposit, is not insured, and is subject to certain risks, including loss of principal. The market value of Fund investments will fluctuate. The Domini Impact Equity Fund is subject to certain risks including impact investing, portfolio management, information, market, recent events, and mid- to large-cap companies risks. The Domini International Opportunities Fund is subject to certain risks including foreign investing, geographic focus, country, currency, impact investing, and portfolio management risks. The Domini Sustainable Solutions Fund is subject to certain risks including sustainable investing, portfolio management, information, market, recent events, mid- to large-cap companies and small-cap companies risks. The Domini Impact International Equity Fund is subject to certain risks including foreign investing, emerging markets, geographic focus, country, currency, impact investing, and portfolio management 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. These risks may be heightened in connection with investments in emerging market countries. The Domini Impact Bond Fund is subject to certain risks including impact investing, portfolio management, style, information, market, recent events, interest rate and credit risks.

The Adviser’s evaluation of environmental and social factors in its investment selections and the timing of the Subadviser’s implementation of the Adviser’s investment selections will affect the Fund’s exposure to certain issuers, industries, sectors, regions, and countries and may impact the relative financial performance of the Fund depending on whether such investments are in or out of favor. The value of your investment may decrease if the Adviser’s or Subadviser’s judgement about Fund investments does not produce the desired results. There is a risk that information used by the Adviser to evaluate environmental and social factors, may not be readily available or complete, which could negatively impact the Adviser’s ability to evaluate such factors and Fund performance.

As of 06/30/22, Northern Trust Corp represented the following % of the Domini Impact Equity Fund’s portfolio [0.08%]. 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.

Nothing herein is to be considered a recommendation concerning the merits of any noted company, or an offer of sale or solicitation of an offer to buy shares of any Fund or company referenced herein. Such offering is only made by prospectus, which includes details as to the offering price and other material information.

The Domini Funds are only offered for sale in the United States. DSIL Investment Services LLC, Distributor, Member FINRA. Domini Impact Investments LLC is each Fund’s investment manager. The Funds are subadvised by unaffiliated entities. 8/22