Destra Capital Management has expanded its lineup of funds that emphasize income and seek to minimize downside risk with the launch of the Preferred and Income Securities Fund, sub-advised by Flaherty and Crumrine, and the Focused Equity Fund, sub-advised by WestEnd Advisors.
The focus of the preferred and income fund is to achieve total return with an emphasis on high current income. The focused equity fund seeks long-term capital appreciation.
“Destra has put together an innovative lineup of funds that directly responds to the evolving needs of today’s advisers,” said Destra CEO Dominic C. Martellaro. “Advisers are seeking strategies that emphasize income while accounting for inflation, particularly as the retiree population grows. In addition, advisers seek strategies that pursue excess returns both through downside risk management and innovative investment theories.”