Domini Sustainable Solutions Fund Investor Shares
CAREX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Freedom Valley Drive Oaks PA United States of America 19087
- IPO Date
- Apr 3, 2020
- CIK
- 0000878719
- Website
- domini.com
- Similar Companies
- Business
- Domini Sustainable Solutions Fund Investor Shares (CAREX) is a mutual fund managed by Domini Impact Investments LLC that seeks long-term total return through investment in equity securities of global companies demonstrating commitment to sustainability solutions. The Fund invests at least 80% of its net assets in stocks of companies providing solution-oriented products and services across seven key themes: accelerating the transition to a low-carbon future, including renewable energy systems, electric vehicles, energy storage, and energy-efficient technologies; contributing to sustainable communities through resilient infrastructure, green buildings, and energy-efficient transportation; promoting a circular economy with resource-efficient production, recycled materials, and product lifecycle extensions; ensuring access to clean water via treatment solutions, infrastructure, and conservation technologies; supporting sustainable food systems with healthy, organic, plant-based foods, resource-efficient agriculture, and food waste reduction; advancing health and well-being through vaccines, diagnostics, innovative medical technologies, and consumer health solutions; broadening financial inclusion and sustainable finance by improving access to capital, banking, insurance, and investment services for underserved communities; and bridging the digital divide with information and communication technologies, cybersecurity, and education services. Headquartered in New York, New York, Domini Impact Investments LLC, founded in 1997 as a women-led SEC-registered investment adviser specializing in impact investing, advises the Fund, with SSGA Funds Management, Inc. serving as subadviser for trading and cash management; the Fund was launched on April 1, 2020. It targets individual and institutional impact investors seeking growth aligned with the United Nations Sustainable Development Goals, with a high-conviction portfolio of fewer than 50 holdings across market capitalizations, primarily in developed markets including the United States (approximately 58%), United Kingdom, Japan, Netherlands, and Italy, and excludes sectors like fossil fuels, nuclear power, weapons, alcohol, tobacco, gambling, and for-profit prisons. Recent developments include Domini Impact Investments' release of its 2023 Engagement Report in May 2024, detailing 631 engagements with 351 companies on climate change, biodiversity, human rights, workers' rights, and access equity, alongside quarterly impact updates through 2025 highlighting portfolio company leadership in decarbonization, regenerative agriculture, and community engagement; a shareholder proposal on biodiversity impacts filed with Home Depot in May 2025, advancing to a vote; and high scores in the 2024 PRI assessment, earning five stars in six of seven modules as a founding signatory committed to responsible investing practices. The Fund maintained its expense limitation agreement through November 30, 2025, capping Investor Shares net expenses at 1.40%, and updated its benchmark to the MSCI World EQ WTD NR effective November 1, 2023; as of September 30, 2025, net assets stood at $41.7 million, with Investor Shares at $27.9 million. Domini continues active ownership strategies, including proxy voting opposing 53% of 2023 board elections lacking gender diversity, promotion of science-based targets (57% of holdings committed as of March 2024), and exclusionary standards to align with ecological sustainability and human dignity.