Automatic Investment Plan
Did you know that there is an easy and convenient way to invest in Domini Funds — without ever writing a check?
There is only one certainty in investing: Stock and bond prices will fluctuate. However, even the most experienced investor cannot predict exactly when they will rise and when they will fall.
While no investment strategy can change this, “dollar-cost averaging” can be an effective and simple way to potentially smooth out these inevitable hills and valleys. Our Automatic Investment Plan makes it easy to take advantage of this disciplined investment strategy.
How does dollar-cost averaging work?
Investing a fixed amount in a fund at regular intervals means that you will automatically buy more shares when the price is low and fewer shares when the price is high. This can help you reduce your average cost per share. It is also a sensible way to manage two important risks that can get in your way as you pursue your long-term financial goals. First, it helps you avoid the risk of investing all of your money when the market is at its highest. Second, and even more important, it can help you avoid one of the worst mistakes an investor can make — simply not getting around to investing enough.
It’s convenient and flexible
Following a dollar-cost averaging strategy on your own can be difficult for one simple reason: People are often too busy to remember to write a check, and the strategy depends on regular payments. That is why our Automatic Investment Plan makes sense. Our plan allows you to purchase shares of the Domini Funds automatically. Simply tell us how much to deduct from your bank account or redeem from your other Domini Funds, and how often. Without ever having to write a check or pick up the phone, you won’t miss a payment. Of course, you are free to stop or to change the amount you are investing, at any time. However, you should keep in mind that dollar-cost averaging is a long-term strategy.
Participation in the plan involves continuous investment in a fund regardless of fluctuating price levels of the fund. Therefore, before starting the plan you should consider your financial ability to continue purchases through declining markets and price levels. And it’s important to remember that dollar-cost averaging will not guarantee a profit. No strategy or investment plan can guarantee a gain or protect you against a loss if you sell when the value of your investment is lower than its cost.
Sign up today
If you haven’t already signed up, we hope that you will complete our Automatic Investment Plan registration form and mail it to Domini Impact Investments, P.O. Box 46707, Cincinnati, OH 45246.
This service may take up to 6 weeks to begin. Depending on the amount of time your financial institution takes to respond to a transfer request, there may be a delay between the time your money is withdrawn and the time it reaches the appropriate Fund. This delay is not ordinarily more than 48 hours.
If you have any questions about the Plan or need further assistance, please call us at 1.800.582.6757 – Choose Option 3 (Monday to Friday, 9 a.m. – 6 p.m. ET).