About DRAFX
Destinations Real Assets Fund Class I is an open-end mutual fund designed for investors seeking exposure to real assets on a global scale. Its primary objective is long-term capital appreciation by investing at least 80% of net assets in real assets. These assets are defined broadly to include sectors with tangible properties such as energy, materials, natural resources, industrials, utilities, and real estate, as well as providing both direct and indirect exposure to commodities.
The fund may also utilize derivatives like futures, which introduces unique risk characteristics compared to traditional securities, and invests in both developed and emerging markets, thus subjecting it to international and market-specific risks such as political, economic, and liquidity factors. Destinations Real Assets Fund Class I is non-diversified, allowing it to concentrate its investments for potentially greater impact but increased risk. It regularly benchmarks its performance to the FTSE All World Developed Index, reflecting its global orientation. This fund serves a strategic role for investors aiming to diversify portfolios beyond traditional equities and fixed income, with a specific focus on assets capable of responding to inflationary trends and global economic shifts.
Fund Family Destinations Funds
Category World Large-Stock Blend
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol DRAFX
Share Class Class I
DRAFX had a total return of 23.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been -9.54%.
