About DMSZX
Destinations Multi Strategy Alternatives Fund is a multi-strategy mutual fund designed to deliver long-term capital growth while maintaining reduced correlation to traditional equity and fixed income markets. Managed under Brinker Capital Trust, this fund utilizes a diversified approach—allocating assets across a broad array of strategies such as long/short credit, long/short equity, relative value, distressed credit, global macro, event-driven, and closed-end funds. The fund follows a multi-manager model, engaging established sub-advisers with distinct expertise, for instance employing quantitative strategies to capitalize on pricing inefficiencies in structured credit, as well as targeting asymmetric payoff profiles in liquid credit, equities, and derivatives.
Destinations Multi Strategy Alternatives Fund invests in a mix of U.S., foreign, and emerging market securities, spanning a full range of capitalization and credit qualities. Its portfolio typically features a diverse mix of equities, bonds, and alternative holdings, aiming to enhance diversification and manage risk relative to mainstream asset classes. With a track record since July 2018 and an expense ratio in the range of 1.04%–1.24%, the fund is positioned for investors seeking alternative investment exposure without direct equity or bond market dependence. Dividend distributions are made quarterly and the fund features no minimum investment for Class Z shares.
Fund Family Destinations Funds
Category Multistrategy
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol DMSZX
Share Class Class Z
Index Index is not available on Lipper Database
DMSZX had a total return of 3.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.54%.
