CAREX Fees and Costs — Domini Sustainable Solutions Fund, Investor Shares
Data updated: 2026-10-14
The net expense ratio is 1.30%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.95% other expenses, less a 0.75% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0116% of average net assets, and portfolio turnover was 64%.
CAREX Fees and Expenses
Annual operating expenses and sales charges of CAREX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.95% |
| Gross expense ratio | 2.05% |
| Fee waiver | −0.75% |
| Net expense ratio | 1.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
CAREX Costs Over Time
On $10,000 invested in CAREX, assuming 5% a year before costs, total costs come to $815 over 5 years, cutting the return by 1.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.30%) | $136 | $425 | $734 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $450 | $815 |
| Value after costs | $10,362 | $11,127 | $11,947 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
CAREX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0116%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $45.5M
- Portfolio turnover (prospectus): 64%
CAREX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp | $514 | 16.10% |
| INSTINET U.K. LTD | $500 | 15.66% |
| Fidelity Capital Markets | $469 | 14.69% |
| MORGAN STANLEY AND CO. INTERNATIONAL PLC | $325 | 10.17% |
| VIRTU ITG EUROPE LTD | $288 | 9.04% |
| Cowen and Company | $278 | 8.70% |
| Jeffries International | $227 | 7.12% |
| BNP PARIBAS SECURITIES (ASIA) LTD | $208 | 6.52% |
| INSTINET | $195 | 6.10% |
| BARCLAYS CAPITAL | $189 | 5.92% |
CAREX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Fidelity Capital Markets | $9.0M | 32.80% |
| INSTINET | $2.8M | 10.09% |
| BNP Paribas Securities Corp | $2.6M | 9.38% |
| VIRTU AMERICAS LLC | $2.5M | 9.16% |
| INSTINET U.K. LTD | $2.5M | 9.12% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $1.8M | 6.69% |
| CITIGROUP GLOBAL MARKETS INC | $1.8M | 6.48% |
| BestEx Research Securities, LLC | $1.6M | 5.69% |
| MORGAN STANLEY AND CO. INTERNATIONAL PLC | $1.5M | 5.34% |
| VIRTU ITG EUROPE LTD | $1.4M | 5.26% |
Domini Sustainable Solutions Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LIFEX | Institutional Shares | 1.05% | — |
| CAREX | Investor Shares | 1.30% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.