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.”
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access