Domini Social Investments offers two products with a direct community development impact, the Domini Social Bond Fund and the Domini Money Market Account.

Domini Social Bond Fund

The Domini Social Bond Fund devotes up to 10% of its assets to direct community development investments, but social issues are a constant focus in the management of the entire portfolio:

• The Fund holds direct and mortgage-related obligations of the three major housing Agencies, Fannie Mae, Freddie Mac and the Federal Home Loan Banks. These Agencies deserve considerable credit for the fact that almost two-thirds of American families own their own homes. All three focus on middle- and lower-income families, and have major initiatives for increasing home ownership among minorities and new immigrants.
• The corporations in which we invest must pass comprehensive social and environmental screens.
• Our municipal bonds are reviewed to determine that their proceeds have a positive social impact.

Read short profiles of some of the institutions that have benefited from our Fund's investments.

DMMA
The Domini Money Market Account (DMMA) places our investors' assets with Shorebank, the oldest and largest community development bank in the nation. With more than $50 million in assets, the DMMA is Shorebank's single largest source of deposits.

The DMMA places its assets with three banks in the ShoreBank family, including ShoreBank Pacific, the first community development bank in the nation with an environmental focus.

Read a handful of examples of hard-working Americans whose lives have been turned-around by ShoreBank’s progressive approach, below.

Education

With help from ShoreBank, the Little Black Pearl Workshop works with the Chicago public schools to provide hands-on workshops on everything from self-portraiture to quilt making for hundreds of children who have few other opportunities for self-expression.

Housing

After one Chicago couple rehabbed their first multi-family building in 1991, financing from ShoreBank helped them to launch a successful full-time real estate business. As of 2003, the couple managed 244 residential units.

Small Businesses

A loan from ShoreBank Pacific made it possible for a woman who worked at a seafood processing company in Washington State for 15 years to buy a company. Today, ShoreBank Pacific continues working with her to help her access new markets, save money by using more efficient methods, and preserve the natural environment.

The Domini Social Bond Fund ("The Fund") is subject to market risks and is not insured. The Fund's community development investments may be unrated and carry greater credit risks than the Fund's other holdings. The Domini Social Bond Fund currently holds a large percentage of its portfolio in the mortgage-backed securities. During periods of falling interest rates these securities may prepay the principal due, which may lower the Fund’s return by causing it to reinvest at lower interest rates. View the Fund's most recent Annual or Semi-Annual Report, containing a complete description of the Fund's portfolio. The composition of the Fund's portfolio is subject to change.

The Domini Funds, Domini Social Investments LLC, and DSIL Investment Services LLC are not affiliated with ShoreBank.