Dealflow | May 5, 2020

Domini Impact Investments launches “sustainable solutions” mutual fund

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, May 5 – Domini Impact Investments, a  women-led investment advisor, has developed the Domini Sustainable Solutions Fund to give everyday investors a lower-volatility impact equities product. 

The fund invests in stocks selected based on seven sustainability themes: the low-carbon transition (like clean energy companies), sustainable communities (like affordable housing), clean water and wastewater services, sustainable food, health and well-being (like prevention-focused healthcare companies), financial inclusion, and digital inclusion (like edtech and software for small businesses).

Portfolio holdings include design and engineering software company Autodesk, vegan meat company Beyond Meat, Tesla and Zoom.

The mutual fund is Domini’s fourth product, following its U.S and international impact equity funds and its impact bond fund. Domini allows clients to open standard or retirement investment accounts with $1,500.