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Investment
Objective
The Domini Social Equity Fund seeks to provide its shareholders with
long-term total return.
Investment Strategy
The Domini Social Equity Fund invests primarily in stocks of U.S.
companies that meet Domini Social Investments’ social and environmental
standards.
Subject to these standards, Wellington Management Company,
LLP, the Fund’s submanager, seeks to add value using a diversified
quantitative stock selection approach, while managing risk through portfolio
construction.
Management
The Fund's Investment Advisor and Sponsor is Domini Social Investments LLC.
Portfolio
Submanager: Wellington Management Company, LLP.
Shareholder Activism
The Fund also advances its social and environmental objectives through proxy
voting, dialogue with corporations, and the filing of shareholder
resolutions.
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Social
and Environmental Standards
To determine which
securities are eligible for investment by the Fund, Domini will evaluate
current and potential holdings against its social and environmental standards
to assess the quality of a corporation’s relations with communities,
customers, ecosystems, employees, investors, and suppliers. Domini may
determine that a security is eligible for investment even if a corporation’s profile
reflects a mixture of positive and negative social and environmental
characteristics.
The Fund seeks to hold only
securities that Domini determines are eligible investments. The Fund seeks to avoid securities and obligations of
corporations that Domini determines derive significant revenues by
manufacturing tobacco products, alcoholic beverages, or gambling equipment,
or through ownership of gambling enterprises. The Fund will also seek to
avoid corporations that Domini determines have a significant direct ownership
share in, or operate, nuclear power plants, or are major military weapons
manufacturers.
Investor Profile
Who Should Invest:
Investors seeking long-term growth of capital.
Investors committed to the Fund's socially responsible investment standards.
Who Should Not Invest:
Investors unwilling or unable to accept moderate to significant fluctuations
in share price.
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1Until November 30, 2007, Domini Social
Investments LLC has contractually agreed to waive certain fees and/or
reimburse certain expenses, including management fees, so that the Fund's
expenses will not exceed, on a per annum basis, 1.15% of its average daily
net assets.
Past
performance is no guarantee of future results.
The Domini Social Equity Fund is not insured
and is subject to market risks. You may lose money. 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.
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