Domini Launches Load-Share Clone of Domini Social Equity Fund.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- New Share Class Targets Commission-Based Brokers Domini Social Investments LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading manager of mutual funds geared toward socially responsible investors, has launched a load product that clones its flagship Domini Social Equity Fund. "The Domini Social Equity Fund has a 14-year track record and is based on the benchmark index for socially conscious investors," said Steven Lydenberg, Domini's Chief Investment Officer. The Domini Social Equity Portfolio Class A is a clone clone, group of organisms, all of which are descended from a single individual through asexual reproduction, as in a pure cell culture of bacteria. Except for changes in the hereditary material that come about by mutation, all members of a clone are genetically of the Domini Social Equity Fund created for use by commission-based brokers. "By introducing load shares, we hope to reach out to a whole new realm of investors who prefer to make their investment decisions with professional assistance," said Amy Domini Amy Domini is an American investment adviser and author known for her work in "social investing". As one of the founders of KLD Research & Analytics, Inc., she helped created the Domini 400 Social Index, a stock market index selected according to a set of social and environmental , founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Domini Social Investments. Marketing of the new Class A shares will be headed up by Kenneth R. Nostro, Domini's Director of Broker-Dealer Distribution. Before joining Domini, Mr. Nostro was vice president at Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Asset Management, LLC. "Until now there has been no Domini product that meets the needs of commission-based brokers," said Mr. Nostro. "Our new Class A shares can easily be as popular among commission-based brokers as the Domini Social Equity Fund is among fee-based advisors and do-it-yourselfers." Morningstar calls the Domini Social Equity Fund "a fine core holding for socially conscious investors."(a) The Domini Social Equity Portfolio Class A will charge a tiered front-end load Front-End Load A commission or sales fee charged at the time of the initial purchase for an investment, usually mutual funds and insurance policies. It is deducted from the investment amount and thus, lowers the size of the investment. that starts at 4.75%, to compensate brokers for the guidance they offer to clients. No-load shares of the Domini Social Equity Fund will remain available for fee-based advisors and investors who buy shares directly from Domini. About Domini Social Investments Domini Social Investments manages more than $1.8 billion in assets for individual and institutional mutual fund investors seeking to create positive change in society by integrating social and environmental criteria into their investment decisions. Its flagship fund, the Domini Social Equity Fund (NASDQ: DSEFX), is the first and largest index fund to use social, environmental, and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. standards. The Fund seeks to include companies with positive records in community involvement, the environment, diversity, and employee relations, and excludes companies deriving significant revenues from alcohol, tobacco, gambling, nuclear power, and weapons contracting. Additional information on Domini Social Investments is available on the firm's website, www.domini.com. (a) Source: Morningstar: "Morningstar's Take," Analyst Report dated February 16, 2005. Each investor should consider the Domini Funds' investment objectives, risks, charges, and expenses carefully before investing. Obtain a copy of each Fund's current prospectus for more complete information on these and other topics by calling 1-800-762-6814 or at www.domini.com. Please read the prospectus carefully before investing or sending money. Past performance is no guarantee of future results. The Domini Funds are subject to market risks and are not insured. You may lose money. Please note that whether a fund is load or no-load, certain fees and expenses apply to a continued investment, and are described in each Fund's prospectus. Please consult the Domini Social Equity Portfolio's current prospectus for more information on sales charges Sales Charge A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select and breakpoints. DSIL DSIL Domini Social Investments LLC DSIL Direction du Système d'Information Local Investment Services, Distributor. 5/05 |
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