Domini Impact International Equity FundSM

The Domini Impact International Equity FundSM helps you access a world of investment opportunity, while using your investment dollars to encourage corporate responsibility. Investments in companies across Europe, the Asia-Pacific region, and throughout the rest of the world let you take advantage of broad international diversification with the convenience of one mutual fund.


Net Assets as of 06/30/22

Fund: $1,203.3 million
Investor shares:  $192.7 million

Daily Price (NAV)

$7.41

Daily NAV Change

$-0.07
(-0.94%)
NAV as of 08/17/2022

Adviser

Domini Impact Investments LLC

Subadviser

Wellington Management Company LLP

Inception Date

12/27/06

Symbol

DOMIX

Portfolio Managers

David J. Elliott
Christoper Grohe

Annual Expense Ratio

Gross: 1.37%/Net: 1.37%
Per current prospectus

Front-End Sales Charge (Load)

None

Minimum Initial Investment

$2,500 for standard accounts
$1,500 for retirement accounts, custodial and educational accounts, and standard accounts opened with an automatic investment plan

Investment Strategy

The Fund invests in a diversified portfolio of primarily mid-to large-capitalization companies in Europe, the Asia-Pacific region, and throughout the rest of the world. It is managed through a two-step process designed to capitalize on the strengths of Domini Impact Investments and Wellington Management Company, the Fund’s Subadviser.

Guided by our Impact Investment Standards, Domini creates an approved list of companies based on our in-depth research and analysis of each company’s environmental and impact. Wellington constructs and manages a portfolio of Domini-approved companies using a quantitative stock-selection process.

The Fund may change any of the policies described above at any time.

Investor Shares Performance

FundYTD1 YR3 YR*5 YR*10 YR*
DOMIX-19.67-19.230.27-0.835.32
MSCI EAFE (net)-15.56-14.323.162.625.79
Month-End Returns (%) as of 07/31/2022
FundYTD1 YR3 YR*5 YR*10 YR*
DOMIX-24.56-23.32-2.88-1.484.91
MSCI EAFE (net)-19.57-17.771.072.205.40
Quarter-End Returns (%) as of 06/30/2022
DOMIXMSCI EAFE (net)
202110.6811.26
20205.737.82
201916.9522.01
2018-16.34-13.79
201724.6025.03
20163.051.01
20151.76-0.82
2014-3.27-4.90
201325.7722.79
201222.5317.32
Calendar Year Returns (%)
DOMIXMSCI EAFE (net)
Q2 2022-17.56-14.51
Q1 2022-8.49-5.91
Q4 20213.792.69
Q3 2021-2.07-0.45
Q2 20214.835.17
Quarterly Returns (%)

*Average annual total returns.
Returns for periods of less than one year are not annualized.

Gross/Net Annual Expense Ratio1.37%/1.37% Per current prospectus.

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. Select the Performance Tab above for more complete performance information, including returns current to the most recent month-end, which may be lower or higher than the performance data quoted. See the prospectus for further information.

An investment in the Domini Impact International Equity Fund is not a bank deposit. The Fund is not insured and is subject to certain risks, including foreign investing, emerging markets, geographic focus, country, currency, impact investing, portfolio management, market, recent events and mid- to large-cap companies 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. You may lose money. See the prospectus for more information on risk.

The performance above does not reflect the deduction of fees and taxes that a shareholder would pay on Fund 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.

Although the Domini Impact International Equity Fund Investor shares are no-load, certain fees and expenses apply to a continued investment and are described in the prospectus.

The Morgan Stanley Capital International Europe Australasia Far East Index (net) (MSCI EAFE) is a market-capitalization weighted index representing the performance of large- and mid-capitalization companies in developed markets outside the United States and Canada. MSCI EAFE returns reflect reinvested dividends net of withholding taxes but reflect no deduction for fees, expenses or other taxes. Investors cannot invest directly in the MSCI EAFE.

Holdings

Security NameWeight (%)
Novartis Ag Reg3.65
ASML Holding Nv3.07
Vodafone Group Plc2.30
Kao Corp2.29
Merck Kgaa2.29
Ferguson Plc2.09
DBS Group Holdings Ltd2.00
BNP Paribas1.98
Sika Ag Reg1.82
Mitsubishi Estate Co Ltd1.80
Total23
Top Ten Portfolio Holdings as of 7/31/2022
SectorWeight (%)
Financials17.12
Health Care16.28
Industrials12.52
Information Technology10.90
Consumer Staples10.30
Consumer Discretionary9.26
Communication Services8.29
Materials7.12
Real Estate6.10
Utilities2.11
Total100
GICS Sector Weightings as of 06/30/2022
PerformanceWeight (%)*
Japan24.73
Switzerland11.83
United Kingdom10.44
France7.73
Australia6.62
Netherlands5.96
Germany5.85
United States3.78
Spain3.07
Singapore2.87
Other17.12
Total100
Country Weightings as of 06/30/2022

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.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by Domini Impact Investments. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification nor shall any such party have any liability therefrom.

Portfolio Characteristics

Portfolio Statistics*

PerformanceFundMSCI EAFE
Number of Holdings200799
Annual Turnover (as of July 31, 2021)**88%
Weighted-Average Market Cap ($M)36,84673,778
Median Market Cap ($M)8,05211,716
Price/Book Ratio1.3x1.5x
Price/Earnings Ratio (Trailing 12 Months)10.5x12.4x
Return on Equity (Trailing 12 Months)13.0%12.6%
Tracking Error (1-Year Projected)2.8%
Beta (1-Year Projected)1.02
Portfolio Statistics as of 06/30/2022

* Source: Bloomberg Portfolio Risk & Analytics, except as noted by **.
All characteristics are as of June 30, 2022 unless otherwise noted.

Investor Profile

illustration of a face and a leaves.

Who should invest?

  • Investors seeking long-term growth of capital

Who should not invest?

  • Investors unwilling or unable to accept moderate to significant fluctuations in share price

Related Blog Posts

Definitions

Annual Turnover is the lesser of purchases or sales for the trailing 12 months divided by the portfolio’s average trailing 13-month net asset values.

Price/Book Ratio is the weighted harmonic average of the price/book ratios of the stocks in the portfolio, which are the stocks’ most recent closing prices divided by their book value per share.

Price/Earnings Ratio is the weighted harmonic average of the price/earnings ratios of the stocks in the portfolio, which are the stocks’ most recent closing prices divided by their earnings per share over the trailing 12 months.

Return on Equity is the portfolio’s total net income less cash preferred dividends divided by the portfolio’s total common equity.

Tracking Error is the standard deviation of residual returns, which are the differences between fund’s projected returns and the index’s projected returns. Tracking error measures the degree of dispersion of fund returns around the index. Generally, the higher the tracking risk, the greater the active bets the manager has taken.

Beta is a measure of the volatility of a fund relative to its benchmark index. A beta greater (less) than 1 is more (less) volatile than the index.