Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
1.35% 1.264B 0.96% 150.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
204.68M 6.79% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks capital appreciation with reduced correlation to equity and fixed income markets. The adviser employs a strategy intended to generate long term growth across market cycles with reduced correlation to the equity and fixed income markets. The adviser employs a "multi-manager" strategy whereby the Adviser allocates the fund's assets among professional money managers, each of which is responsible for investing its allocated portion of the fund's assets. The fund may invest a significant portion of its assets in a particular geographic region or country, including emerging markets countries.
General
Security Type Mutual Fund
Oldest Share Symbol DMSFX
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Multistrategy
Category Index Morningstar Mod Con Tgt Risk TR USD
Prospectus Objective Growth
Fund Owner Firm Name Destinations Funds
Prospectus Benchmark Index
Morningstar Broad Hedge Fund TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Amy Magnotta 4.62 yrs
Leigh Lowman 4.62 yrs
Michael Caldwell 4.62 yrs
Yoav Sharon 4.62 yrs
Thomas McCauley 3.84 yrs
Ajit Kumar 2.65 yrs
Andreas Eckner 2.65 yrs
David Weeks 2.65 yrs
Edwin Tsui 2.65 yrs
Guillaume Horel 2.65 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 10
204.68M
-499.17M Category Low
4.266B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of October 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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As of November 30, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
--
--
--
-3.70%
9.05%
10.07%
4.40%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
16.25%
13.98%
4.98%
1.44%
-0.18%
3.76%
-4.44%
5.05%
7.70%
5.68%
--
-1.07%
-0.56%
5.19%
-6.23%
11.62%
2.63%
9.14%
3.77%
-2.38%
-4.23%
10.93%
-6.04%
10.49%
-2.12%
-1.01%
3.15%
-0.81%
2.97%
8.33%
-6.75%
8.23%
5.06%
13.98%
As of November 30, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-30-21) 0.96%
30-Day SEC Yield --
7-Day SEC Yield (12-7-18) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 7.15%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of October 31, 2021

Fund Details

Key Dates
Inception Date 7/16/2018
Last Annual Report Date 2/28/2021
Last Prospectus Date 7/1/2021
Share Classes
DMSFX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of October 31, 2021.
Type % Net % Long % Short
Cash 22.80% Upgrade Upgrade
Stock 25.16% Upgrade Upgrade
Bond 49.54% Upgrade Upgrade
Convertible 0.90% Upgrade Upgrade
Preferred 1.60% Upgrade Upgrade
Other 0.01% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
JPMorgan Strategic Income Opports R6 18.11% 11.54 0.00%
Golden Entertainment Inc 1.94% 47.00 2.37%
Crinetics Pharmaceuticals Inc 1.73% 26.79 -1.94%
Cinemark USA Inc. 5.25%
1.49% -- --
Relay Therapeutics Inc Ordinary Shares 1.42% 29.32 -0.34%
Eastern Bankshares Inc Ordinary Shares 1.32% 20.59 2.29%
WillScot Mobile Mini Holdings Corp 1.32% 38.98 2.34%
CWABS Asset-Backed Certificates Trust 2006-22 0.23%
1.30% -- --
NMG Finco plc (McLaren) 7.5%
1.27% -- --
Fortress Transportation and Infrastructure Investors LLC 9.75%
1.22% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks capital appreciation with reduced correlation to equity and fixed income markets. The adviser employs a strategy intended to generate long term growth across market cycles with reduced correlation to the equity and fixed income markets. The adviser employs a "multi-manager" strategy whereby the Adviser allocates the fund's assets among professional money managers, each of which is responsible for investing its allocated portion of the fund's assets. The fund may invest a significant portion of its assets in a particular geographic region or country, including emerging markets countries.
General
Security Type Mutual Fund
Oldest Share Symbol DMSFX
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Multistrategy
Category Index Morningstar Mod Con Tgt Risk TR USD
Prospectus Objective Growth
Fund Owner Firm Name Destinations Funds
Prospectus Benchmark Index
Morningstar Broad Hedge Fund TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Amy Magnotta 4.62 yrs
Leigh Lowman 4.62 yrs
Michael Caldwell 4.62 yrs
Yoav Sharon 4.62 yrs
Thomas McCauley 3.84 yrs
Ajit Kumar 2.65 yrs
Andreas Eckner 2.65 yrs
David Weeks 2.65 yrs
Edwin Tsui 2.65 yrs
Guillaume Horel 2.65 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-30-21) 0.96%
30-Day SEC Yield --
7-Day SEC Yield (12-7-18) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 7.15%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of October 31, 2021

Fund Details

Key Dates
Inception Date 7/16/2018
Last Annual Report Date 2/28/2021
Last Prospectus Date 7/1/2021
Share Classes
DMSFX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No