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By DailyAlts Staff Destra Capital Management launched its fourth mutual fund and first liquid alternative on October 7: The Destra Wolverine Alternative Opportunities Fund (MUTF: DWAAX ). Sub-advised by Wolverine Asset Management, the fund invests in multiple asset classes in pursuit of long-term capital appreciation. Its exposures include: U.S. equities , including small-, mid-, and large-cap companies; Non-U.S. equities , including stocks from emerging markets, Europe, and Japan; as well as ADRs; Fixed-income securities , including variable or floating-rate instruments; Currencies ; Real estate ; and Commodities , including gold. The fund gains exposure to these asset classes by investing in ETFs, exchange-traded commodity-linked products, and – through a wholly owned Cayman Islands subsidiary – commodity futures. The fund also invests in cash equivalents, which may include cash, money market funds, U.S. dollar-denominated high-quality money market instruments, and other short-term securities. As sub-advisor, Wolverine Asset Management employs a systematic investment strategy that uses market data to infer the flow of funds, in an attempt to invest ahead of large shifts in institutional asset allocation. Wolverine also integrates market data with economic analysis to rank asset classes – these rankings help inform investment decisions, with the goal of increasing exposure to highly ranked asset classes, and reducing exposure to low-ranked asset classes. The fund’s day-to-day portfolio managers include Wolverine Asset Management’s Chief Research and Technology Officer Andrew Sujdak and Chartered Financial Analyst Kip Meyer. Shares of the Destra Wolverine Alternative Opportunities Fund are available in A (DWAAX), C (MUTF: DWACX ), and I (MUTF: DWAIX ) classes. Management fees are 1.20% with respective net-expense ratios of 2.14%, 2.79%, and 1.78%. The minimum initial investment for A and C shares is $2,500. The minimum for I shares is $1 million. For more information, visit the fund’s web page . Scalper1 News
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