Destra Granahan Small Cap Advantage Fund Crosses 2-Year Mark and $25M AUM

August 18, 2021

Earlier this year, our top performing* Destra Granahan Small Cap Advantage Fund crossed $25 million in assets under management (AUM), a huge milestone in a time when COVID-19 brought significant volatility to equity markets.

Launched in August 2019, the Fund gives investors access to Granahan Investment Management, experts who are focused on small cap growth equity investments and have been since their founding over 35 years ago. Granahan’s goal is to uncover the next generation of disruptive and innovative companies that are creating new markets or shaking up old ones.

The Fund recently passed its 2-year mark and continues to provide investors with strong performance compared to the small-cap growth peer group. As of the Fund’s 2 Year Anniversary on 8/9/2021, the fund was ranked 16 out of 169 small cap growth open end mutual funds for the 2-year period returning 38.00% annualized. In contrast, the Russell 2000 Growth returned 26.81% annualized during the same 2-year period.

The Fund remains open to new investors and can be purchased in A Share (DGASX) or I Share (DGISX) class. For more information, contact your financial advisor or your Destra representative at 877-855-3434.

* Source: Morningstar, as of 8/9/2021, the Fund was ranked 16/169 in the Small Cap Growth OE Category.