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Destra Announces Termination and Liquidation of the Destra Focused Equity Fund

Chicago Illinois, October 6, 2017: Destra Capital Advisors LLC, the Advisor to the Destra Focused Equity Fund (DFOAX, DFOCX, DFOIX) announced this morning that it had received approval from the Fund’s Board of Trustees to complete a Plan of Termination and Liquidation.

Effectively immediately, October 6, 2017, no new or subsequent investments will be allowed and will be rejected. Existing shareholders may continue to sell or redeem their shares, but new or subsequent investments are prohibited.

To facilitate redemption transactions, on October 13, 2017 the Fund will change its settlement terms from T+2 to T+1 for the last week of trading.

The Fund will strike its final NAV on Friday, October 20, 2017 and liquidate any proceeds in the Fund that evening. It is expected that all assets still invested on October 20, 2017 will settle into the broker dealer of record on behalf of their shareholders early in the following week.

Destra Focused Equity Fund Shareholders may exchange their investments into matching share classes of other Destra Funds if they so choose. Shareholders should consult with their Financial Advisor for processing of exchanges.

Destra Focused Equity Fund is sub-advised by WestEnd Advisors (“WestEnd”). WestEnd will continue to manage the Fund until its termination on October 20, 2017.

Destra Funds (available ongoing):

Flaherty & Crumrine Preferred and Income Fund

Class A (DPIAX) Class C (DPICX) Class I (DPIIX)

Wolverine Alternative Opportunities Fund

Class A (DWAAX) Class C (DWACX) Class I (DWAIX)

Destra Fund Shareholders should contact their Financial Advisors for more information and to consider their options for exchanging, redeeming or investing assets from the Destra Focused Equity Fund. Investment professionals may contact Destra’s Investment Service Desk at (877) 855-3434.