Does Domini offer dollar-cost averaging?
Yes. The Domini Automatic Investment Plan (AIP) is a convenient plan that allows you to pursue a dollar-cost averaging strategy. Participation in the plan involves continuous investment in a Fund regardless of fluctuating price levels of the Fund. Therefore, you should consider your financial ability to continue purchases through periods of low price levels. This is a long-term strategy, and does not guarantee a lower price per share. Dollar-cost averaging is an investment strategy designed to avoid the pitfalls of market timing by investing equal amounts of money at regular intervals (monthly, quarterly, and so on) over a long period of time. The advantage of dollar-cost averaging is that an investor buys more shares at lower prices, and fewer shares at higher prices. As a result, an investor ends up paying an average price per share over a period of time. The key to dollar-cost averaging is to stick with it for the long term, through periods of rising and falling markets. Of course,