Public, Private, Listed, and Non-listed Securities All in One Fund
The Destra Multi-Alternative Fund (“the Fund”) is a continuously offered, diversified, closed-end interval fund featuring an annualized 6% managed distribution rate, paid monthly, and quarterly redemption offers of no less than 5% of shares outstanding*. The Fund seeks to achieve long-term performance non-correlated to the broad stock and bond markets. It invests primarily in real estate investment trusts, debt and equity income securities, and alternative investment funds.
Core Alternative Allocation
Seeks Low Correlation with Traditional Asset Classes
Quarterly Access to Liquidity
*Limited liquidity is provided to shareholders only through the Fund’s quarterly repurchase offers for up to 5% of the shares outstanding at net asset value. The Fund’s distribution policy is expected to result in distributions that equal a fixed percentage of the Fund’s current net asset value per share. All or a portion of a distribution may consist of a return of capital (i.e. from your original investment). Shareholders should not assume that the source of a distribution from the Fund is net profit.
Available in four unique share classes, the Fund gives investors access to alternative income strategies that may provide greater yields and growth opportunities than traditional investments without requiring the high minimum investment that such strategies often entail.
The Fund aims to maximize risk-adjusted returns and therefore does not try to directly compete with stocks or bonds. Instead, it consists of investments with low correlations to these traditional asset classes, seeking to lower overall volatility and add value to an investor’s existing investment portfolio across a variety of market cycles.
There is no guarantee that the Fund will achieve its objectives, generate profits, or avoid losses. Alternative investments typically have a different return profile and different risks than traditional investments.
Asset allocation among investment categories and specific securities is determined according to a risk budgeting process that categorizes each security as core, value-added, or opportunistic.
- Core allocations are essential to delivering non-correlated returns; holding periods are expected to be three to five years.
- Value-added allocations are expected to have shorter holding periods and may be over-weights of core allocations.
- Opportunistic allocations take advantage of short-term inefficiencies; holding periods are expected to be approximately twelve months.