August 22, 2018 (CHICAGO) – Destra Capital Investments LLC (“Destra”) and LCM Investment Management LLC (“LCM”) today announced an agreement for Destra to sub-distribute the Multi-Strategy Growth & Income Fund (the “Fund”) to the wholesale channel effective immediately.
“Destra is excited to partner with LCM and expand the distribution of this investment strategy,” said Dominic Martellaro, Chief Executive Officer of Destra. Destra Capital Investments LLC, a broker-dealer registered with FINRA, will distribute the Fund to brokers, advisors and financial intermediaries.
“We are pleased to have Destra representing the Fund and look forward to expanding the offering of this sophisticated, endowment-based alternative investment process to the financial advisor community,” said Mark C. Scalzo, LCM Chief Investment Officer and Co-Portfolio Manager of the Fund.
The Multi-Strategy Growth & Income Fund, a closed-end interval fund, is designed to pursue total return opportunities with an emphasis on income, by investing in alternative investment strategies and vehicles. The Fund’s strategy is highly differentiated from the current interval fund marketplace because it brings active management to multiple alternative asset classes in an endowment-style framework, including providing access to sophisticated strategies and investments generally not available to the public.
The Fund’s principal distributor is Northern Lights Distributors, LLC. Destra Capital Investments LLC, will serve as a sub-distributor of the Fund.
For more information about Destra, LCM or the fund, contact Rob Watson, of Destra Capital at firstname.lastname@example.org (877) 855-3434.
Destra Capital connects financial advisors and their clients with innovative investment strategies, in uniquely positioned products from experienced asset managers. At Destra, we take the long view, setting our goal to rise above fleeting market statistics toward the opportunity for long-term returns.
About LCM Investment Management, LLC
LCM Investment Management, LLC (“LCM”) is an SEC registered investment advisor specializing in multi-asset investment solutions with an emphasis on alternative strategies. In total, LCM manages roughly $600 million in discretionary and non-discretionary assets under management.
Important Risk Information
1. Pursuant to Rule 23c-3 of the 1940 Act, the Fund must make a quarterly repurchase offer of at least 5% of the Fund’s outstanding shares. The Fund’s Board of Directors will set the actual level of the quarterly repurchase offers. It is possible that a repurchase offer may be oversubscribed, in which case shareholders may only have a portion of their shares repurchased.
The fund may perform substantially different from endowment investment portfolios, given the significant differences in investment objective and time horizons.
Please read the prospectus for more complete information, including risks and objectives before investing. Investing in the Shares involves certain risks, including loss of principal, that are described in the “Risks” section of the prospectus, including the following:
The Fund’s Shares will not be immediately listed on an exchange in the foreseeable future, if at all. It is not anticipated that a secondary market for the Shares will develop unless the Shares are listed on an exchange. Thus, an investment in the Fund is not suitable for investors who might need access to the money they invest for several years or longer.
The Fund may decline to accept any subscription requests for any reason regardless of the order in which such subscription request was submitted to the Fund in a particular subscription period.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Multi-Strategy Growth & Income Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling (800) 825-0937. The prospectus should be read carefully before investing.
Investing involves risk including the possible loss of principal. Alternative investment funds, ETFs, mutual funds, and closed-end funds are subject to management and other expenses, which will be indirectly paid by the Fund. Issuers of debt securities may not make scheduled interest and principal payments, resulting in losses to the Fund. Typically, a rise in interest rates causes a decline in the value of fixed-income securities. Lower-quality debt securities, known as “high-yield” or “junk” bonds, present greater risk than bonds of higher quality, including increased default risk and non-diversification risk as the funds are more vulnerable to events affecting a single issuer. The use of leverage, such as borrowing money to purchase securities, will cause the Fund to incur additional expenses and will magnify the Fund’s gains or losses. Investments in lesser-known, small- and medium-capitalization companies may be more vulnerable than those in larger, more established organizations. The Fund will not invest in real estate directly, but, because the Fund will concentrate its investments in securities of REITs, its portfolio will be significantly impacted by the performance of the real estate market. The value of a structured note will be influenced by time to maturity; type of note; market volatility; changes in the issuer’s credit quality rating; and economic, legal, political, or geographic events that affect the reference index.
The Multi-Strategy Growth & Income Fund (the “Fund”) is distributed by Northern Lights Distributions, LLC, member FINRA/SIPC. Destra Capital Investments LLC, member FINRA/SIPC, is a sub-distributor for the Fund. LCM Investment Management, conducting business as Lucia Capital Management, is not affiliated with either Northern Lights Distributors, LLC. 7405-NLD-08/16/2018
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE