Destinations Shelter Fund
Overview
The Destinations Shelter Fund seeks capital appreciation with lower volatility than broad equity markets. The Fund will use derivative investments, including options on equity indexes, to seek to mitigate significant equity market downside risk.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- Gateway Investment Advisers, LLC is the sub-adviser of the Gateway Hedged Equity strategy, a low-volatility equity strategy that seeks to protect its index-tracking equity portfolio by purchasing a laddered portfolio of 3-month index put spreads that are partially funded by selling 3-month index call options.
I Share Fund performance as of 9/30/24 | ||||||||||||
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QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | |||||||
Destinations Shelter Fund |
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Russell 1000 Index |
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Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
Russell 1000 Index: A market cap-weighted index that measures the performance of the large-cap segment of the US equity universe and includes approximately 1,000 of the largest US companies based on market capitalization.
An investment in the Destinations Shelter Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, options and swaps, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies.
Hedges are sometimes subject to imperfect matching between the derivative and the underlying security, and there can be no assurance that the Fund’s hedging transactions will be effective. In addition, the use of hedging may result in certain adverse tax consequences.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
- Ticker: DSHFX
- CUSIP: 10964R756
- Benchmark: Russell 1000 Index
- Inception date: 10/26/2021
- Gross expense ratio:
1.31% - Net expense ratio:*
1.19%
Daily NAV | Date: | 12/09/2024 |
NAV: $12.13 NAV change: -$0.03 Total assets ($m): $99.0
Management team
- Brian Storey CFA, Deputy CIO of Destinations Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 license. He is a member of the CFA® Institute and the CFA® Society North Carolina.
- Andrew Goins Andrew Goins, CFA, Senior Portfolio Manager
Andrew Goins is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Andrew is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence. Andrew first joined Brinker Capital in 2010. He held several roles focusing on manager research and due diligence as well as managing multi-asset class portfolios before moving into a senior portfolio manager role in 2023.
Prior to joining Brinker Capital, Andrew was an investment management analyst at Budros, Ruhlin & Roe, an independent RIA in Columbus, OH. Andrew graduated from The Ohio State University with a Bachelor of Science in Business Administration. Andrew is a CFA® charterholder and holds the FINRA Series 7 license. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Performance
I Share Fund performance as of 9/30/24 | ||||||||||||||||||
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Annualized | ||||||||||||||||||
QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | ||||||||||
Destinations Shelter Fund |
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Russell 1000 Index |
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Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
Russell 1000 Index: A market cap-weighted index that measures the performance of the large-cap segment of the US equity universe and includes approximately 1,000 of the largest US companies based on market capitalization.
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Holdings
Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
---|---|---|---|---|---|---|
US DOLLARS | CASHUSD | CURRENCY | 645,783.1800 | 645,783.18 | .66 | |
RENAISSANCERE HOLDINGS LTD | RNR | G7496G103 | COMMON STOCK | 187.0000 | 50,938.80 | .05 |
BANCO BRADESCO-ADR | BBD | 059460303 | COMMON STOCK | 5,068.0000 | 13,480.88 | .01 |
ITAU UNIBANCO HOLDINGS SA | ITUB | 465562106 | COMMON STOCK | 4,360.0000 | 28,994.00 | .03 |
VALE SA-SP ADR | VALE-W | 91912E105 | COMMON STOCK | 1,732.0000 | 20,229.76 | .02 |
BANK OF MONTREAL | BMO | 063671101 | COMMON STOCK | 60.0000 | 5,412.00 | .01 |
BARRICK GOLD CORP | GOLD | 067901108 | COMMON STOCK | 1,743.0000 | 34,668.27 | .04 |
BROOKFIELD CORP | BN-W | 11271J107 | COMMON STOCK | 6,015.0000 | 319,697.25 | .33 |
BROOKFIELD ASSET MGMT-A | BAM | 113004105 | COMMON STOCK | 4,333.0000 | 204,907.57 | .21 |
CANADIAN NATL RAILWAY CO | CNI | 136375102 | COMMON STOCK | 1,774.0000 | 207,824.10 | .21 |
CANADIAN NATURAL RESOURCES | CNQ | 136385101 | COMMON STOCK | 3,338.0000 | 110,854.98 | .11 |
CANADIAN PACIFIC KANSAS CITY | 13646K108 | COMMON STOCK | 1,121.0000 | 95,890.34 | .10 | |
CENOVUS ENERGY INC | CVE | 15135U109 | COMMON STOCK | 3,832.0000 | 64,109.36 | .07 |
ENBRIDGE INC | ENB | 29250N105 | COMMON STOCK | 451.0000 | 18,315.11 | .02 |
MAGNA INTERNATIONAL INC | MGA | 559222401 | COMMON STOCK | 416.0000 | 17,072.64 | .02 |
MANULIFE FINANCIAL CORP | MFC | 56501R106 | COMMON STOCK | 5,545.0000 | 163,854.75 | .17 |
NUTRIEN LTD | NTR | 67077M108 | COMMON STOCK | 2,160.0000 | 103,809.60 | .11 |
RESTAURANT BRANDS INTERN | QSR | 76131D103 | COMMON STOCK | 831.0000 | 59,931.72 | .06 |
SHOPIFY INC - CLASS A | 82509L107 | COMMON STOCK | 779.0000 | 62,429.06 | .06 | |
SUNCOR ENERGY INC NEW | SU | 867224107 | COMMON STOCK | 2,703.0000 | 99,794.76 | .10 |
TC ENERGY CORP | TRP | 87807B107 | COMMON STOCK | 257.0000 | 12,220.35 | .01 |
WASTE CONNECTIONS INC | 94106B101 | COMMON STOCK | 806.0000 | 144,128.92 | .15 | |
SCHLUMBERGER LTD | SLB | 806857108 | COMMON STOCK | 5,640.0000 | 236,598.00 | .24 |
SAP SE-SPONSORED ADR | SAP | 803054204 | COMMON STOCK | 470.0000 | 107,677.00 | .11 |
ICICI BANK LTD-SPON ADR | IBN | 45104G104 | COMMON STOCK | 554.0000 | 16,536.90 | .02 |
ICON PLC | ICLR | B94G471 | COMMON STOCK | 196.0000 | 56,312.76 | .06 |
AON PLC-CLASS A | AON | BLP1HW5 | COMMON STOCK | 955.0000 | 330,420.45 | .34 |
LINDE PLC | LIN | BNZHB81 | COMMON STOCK | 1,139.0000 | 543,143.54 | .56 |
MEDTRONIC PLC | MDT | BTN1Y11 | COMMON STOCK | 4,048.0000 | 364,441.44 | .37 |
ACCENTURE PLC-CL A | ACN | G1151C101 | COMMON STOCK | 1,236.0000 | 436,901.28 | .45 |
JAZZ PHARMACEUTICALS PLC | JAZZ | G50871105 | COMMON STOCK | 238.0000 | 26,515.58 | .03 |
PERRIGO COMPANY PLC | PRGO | G97822103 | COMMON STOCK | 355.0000 | 9,311.65 | .01 |
CHECK POINT SOFTWARE TECH | CHKP | 2181334 | COMMON STOCK | 484.0000 | 93,320.04 | .10 |
TEVA PHARMACEUTICAL-SP ADR | TEVA | 881624209 | COMMON STOCK | 2,538.0000 | 45,734.76 | .05 |
NXP SEMICONDUCTORS NV | NXPI | B505PN7 | COMMON STOCK | 852.0000 | 204,488.52 | .21 |
ASML HOLDING NV-NY REG SHS | ASML | B908F01 | COMMON STOCK | 145.0000 | 120,821.25 | .12 |
LYONDELLBASELL INDU-CL A | LYB | N53745100 | COMMON STOCK | 2,192.0000 | 210,212.80 | .22 |
ERICSSON (LM) TEL-SP ADR | ERIC | 294821608 | COMMON STOCK | 13,618.0000 | 103,224.44 | .11 |
NOVARTIS AG-SPONSORED ADR | NVS | 66987V109 | COMMON STOCK | 183.0000 | 21,048.66 | .02 |
ALCON INC | ALC | BJXBP41 | COMMON STOCK | 1,138.0000 | 113,879.66 | .12 |
TAIWAN SEMICONDUCTOR-SP ADR | TSM | 874039100 | COMMON STOCK | 176.0000 | 30,565.92 | .03 |
ASTRAZENECA PLC-SPONS ADR | AZN | 046353108 | COMMON STOCK | 1,291.0000 | 100,581.81 | .10 |
BRITISH AMERICAN TOB-SP ADR | BTI | 110448107 | COMMON STOCK | 2,467.0000 | 90,242.86 | .09 |
RIO TINTO PLC-SPON ADR | RIO | 767204100 | COMMON STOCK | 651.0000 | 46,331.67 | .05 |
AFLAC INC | AFL | 001055102 | COMMON STOCK | 3,161.0000 | 353,399.80 | .36 |
ABBOTT LABORATORIES | ABT | 002824100 | COMMON STOCK | 3,189.0000 | 363,577.89 | .37 |
ABBVIE INC | ABBV | 00287Y109 | COMMON STOCK | 3,952.0000 | 780,440.96 | .80 |
ACUITY BRANDS INC | AYI | 00508Y102 | COMMON STOCK | 359.0000 | 98,865.01 | .10 |
ADOBE INC | ADBE | 00724F101 | COMMON STOCK | 1,079.0000 | 558,684.62 | .57 |
AECOM | ACM | 00766T100 | COMMON STOCK | 694.0000 | 71,669.38 | .07 |
ADVANCED MICRO DEVICES | AMD | 007903107 | COMMON STOCK | 4,067.0000 | 667,313.36 | .68 |
ALNYLAM PHARMACEUTICALS INC | ALNY | 02043Q107 | COMMON STOCK | 185.0000 | 50,880.55 | .05 |
ALPHABET INC-CL C | GOOG | 02079K107 | COMMON STOCK | 23,660.0000 | 3,955,715.40 | 4.06 |
ALPHABET INC-CL A | GOOGL | 02079K305 | COMMON STOCK | 801.0000 | 132,845.85 | .14 |
AMAZON.COM INC | AMZN | 023135106 | COMMON STOCK | 18,541.0000 | 3,454,744.53 | 3.54 |
AMEREN CORPORATION | AEE | 023608102 | COMMON STOCK | 4,555.0000 | 398,380.30 | .41 |
AMERICAN ELECTRIC POWER | AEP | 025537101 | COMMON STOCK | 5,585.0000 | 573,021.00 | .59 |
AMERICAN EXPRESS CO | AXP | 025816109 | COMMON STOCK | 2,097.0000 | 568,706.40 | .58 |
AMERICAN HOMES 4 RENT- A | AMH | 02665T306 | REIT - Real Estate Invesment Trust | 2,759.0000 | 105,918.01 | .11 |
AMERIPRISE FINANCIAL INC | AMP | 03076C106 | COMMON STOCK | 940.0000 | 441,621.40 | .45 |
AMETEK INC | AME | 031100100 | COMMON STOCK | 1,994.0000 | 342,389.74 | .35 |
AMGEN INC | AMGN | 031162100 | COMMON STOCK | 1,564.0000 | 503,936.44 | .52 |
AMPHENOL CORP-CL A | APH | 032095101 | COMMON STOCK | 7,600.0000 | 495,216.00 | .51 |
ELEVANCE HEALTH INC | ELV | 036752103 | COMMON STOCK | 827.0000 | 430,040.00 | .44 |
APPLE INC | AAPL | 037833100 | COMMON STOCK | 29,291.0000 | 6,824,803.00 | 7.00 |
APPLIED MATERIALS INC | AMAT | 038222105 | COMMON STOCK | 2,573.0000 | 519,874.65 | .53 |
ARAMARK | ARMK | 03852U106 | COMMON STOCK | 1,163.0000 | 45,042.99 | .05 |
AUTOLIV INC | ALV | 052800109 | COMMON STOCK | 246.0000 | 22,969.02 | .02 |
AUTOMATIC DATA PROCESSING | ADP | 053015103 | COMMON STOCK | 1,769.0000 | 489,535.37 | .50 |
AVANTOR INC | AVTR | 05352A100 | COMMON STOCK | 1,059.0000 | 27,396.33 | .03 |
BWX TECHNOLOGIES INC | BWXT | 05605H100 | COMMON STOCK | 1,347.0000 | 146,418.90 | .15 |
BANK OF AMERICA CORP | BAC | 060505104 | COMMON STOCK | 15,858.0000 | 629,245.44 | .65 |
BECTON DICKINSON AND CO | BDX | 075887109 | COMMON STOCK | 1,240.0000 | 298,964.00 | .31 |
WR BERKLEY CORP | WRB | 084423102 | COMMON STOCK | 2,545.0000 | 144,377.85 | .15 |
BERKSHIRE HATHAWAY INC-CL B | BRK/B | 084670702 | COMMON STOCK | 4,747.0000 | 2,184,854.22 | 2.24 |
BIOMARIN PHARMACEUTICAL INC | BMRN | 09061G101 | COMMON STOCK | 435.0000 | 30,576.15 | .03 |
BIOGEN INC | BIIB | 09062X103 | COMMON STOCK | 696.0000 | 134,912.64 | .14 |
BOEING CO/THE | BA | 097023105 | COMMON STOCK | 1,825.0000 | 277,473.00 | .28 |
BOOKING HOLDINGS INC | BKNG | 09857L108 | COMMON STOCK | 104.0000 | 438,060.48 | .45 |
BOOZ ALLEN HAMILTON HOLDINGS | BAH | 099502106 | COMMON STOCK | 509.0000 | 82,844.84 | .08 |
BROADCOM INC | AVGO | 11135F101 | COMMON STOCK | 9,760.0000 | 1,683,600.00 | 1.73 |
BROWN & BROWN INC | BRO | 115236101 | COMMON STOCK | 2,817.0000 | 291,841.20 | .30 |
BRUNSWICK CORP | BC | 117043109 | COMMON STOCK | 1,057.0000 | 88,597.74 | .09 |
BURLINGTON STORES INC | BURL | 122017106 | COMMON STOCK | 80.0000 | 21,078.40 | .02 |
CIGNA CORP | CI | 125523100 | COMMON STOCK | 1,135.0000 | 393,209.40 | .40 |
CAMPBELL SOUP CO | CPB | 134429109 | COMMON STOCK | 3,024.0000 | 147,934.08 | .15 |
CARLISLE COS INC | CSL | 142339100 | COMMON STOCK | 330.0000 | 148,417.50 | .15 |
CATERPILLAR INC | CAT | 149123101 | COMMON STOCK | 1,605.0000 | 627,747.60 | .64 |
CHEVRON CORP | CVX | 166764100 | COMMON STOCK | 4,381.0000 | 645,189.87 | .66 |
CIENA CORP | CIEN | 171779309 | COMMON STOCK | 868.0000 | 53,460.12 | .05 |
CIRRUS LOGIC INC | CRUS | 172755100 | COMMON STOCK | 285.0000 | 35,399.85 | .04 |
CISCO SYSTEMS INC | CSCO | 17275R102 | COMMON STOCK | 11,960.0000 | 636,511.20 | .65 |
CLOROX COMPANY | CLX | 189054109 | COMMON STOCK | 1,211.0000 | 197,284.01 | .20 |
COGNEX CORP | CGNX | 192422103 | COMMON STOCK | 2,427.0000 | 98,293.50 | .10 |
ENOVIS CORP | ENOV | 194014502 | COMMON STOCK | 2,217.0000 | 95,441.85 | .10 |
CONSOLIDATED EDISON INC | ED | 209115104 | COMMON STOCK | 3,809.0000 | 396,631.17 | .41 |
CONSTELLATION BRANDS INC-A | STZ | 21036P108 | COMMON STOCK | 1,598.0000 | 411,788.62 | .42 |
COSTCO WHOLESALE CORP | COST | 22160K105 | COMMON STOCK | 1,233.0000 | 1,093,079.16 | 1.12 |
CREDIT ACCEPTANCE CORP | CACC | 225310101 | COMMON STOCK | 28.0000 | 12,415.76 | .01 |
CROWN HOLDINGS INC | CCK | 228368106 | COMMON STOCK | 617.0000 | 59,157.96 | .06 |
CUBESMART | CUBE | 229663109 | REIT - Real Estate Invesment Trust | 4,452.0000 | 239,651.16 | .25 |
CULLEN/FROST BANKERS INC | CFR | 229899109 | COMMON STOCK | 255.0000 | 28,524.30 | .03 |
DANAHER CORP | DHR | 235851102 | COMMON STOCK | 1,871.0000 | 520,175.42 | .53 |
DEERE AND CO | DE | 244199105 | COMMON STOCK | 911.0000 | 380,187.63 | .39 |
DELL TECHNOLOGIES -C | DELL | 24703L202 | COMMON STOCK | 614.0000 | 72,783.56 | .07 |
DELTA AIR LINES INC | DAL | 247361702 | COMMON STOCK | 4,966.0000 | 252,223.14 | .26 |
DEXCOM INC | DXCM | 252131107 | COMMON STOCK | 1,077.0000 | 72,202.08 | .07 |
DICK'S SPORTING GOODS INC | DKS | 253393102 | COMMON STOCK | 192.0000 | 40,070.40 | .04 |
WALT DISNEY CO/THE | DIS | 254687106 | COMMON STOCK | 1,836.0000 | 176,604.84 | .18 |
DRAFTKINGS INC-CL A | DKNG | 26142V105 | COMMON STOCK | 444.0000 | 17,404.80 | .02 |
EAST WEST BANCORP INC | EWBC | 27579R104 | COMMON STOCK | 1,227.0000 | 101,521.98 | .10 |
ENTEGRIS INC | ENTG | 29362U104 | COMMON STOCK | 682.0000 | 76,745.46 | .08 |
VESTIS CORP | VSTS | 29430C102 | COMMON STOCK | 581.0000 | 8,656.90 | .01 |
EQUITY RESIDENTIAL | EQR | 29476L107 | REIT - Real Estate Invesment Trust | 4,397.0000 | 327,400.62 | .34 |
ESSENTIAL UTILITIES INC | WTRG | 29670G102 | COMMON STOCK | 5,724.0000 | 220,774.68 | .23 |
EVERCORE INC - A | EVR | 29977A105 | COMMON STOCK | 684.0000 | 173,284.56 | .18 |
EXACT SCIENCES CORP | EXAS | 30063P105 | COMMON STOCK | 348.0000 | 23,705.76 | .02 |
EXXON MOBIL CORP | XOM | 30231G102 | COMMON STOCK | 11,633.0000 | 1,363,620.26 | 1.40 |
META PLATFORMS INC-CLASS A | META | 30303M102 | COMMON STOCK | 4,576.0000 | 2,619,485.44 | 2.69 |
FACTSET RESEARCH SYSTEMS INC | FDS | 303075105 | COMMON STOCK | 316.0000 | 145,312.60 | .15 |
FIDELITY NATIONAL FINANCIAL | FNF | 31620R303 | COMMON STOCK | 2,124.0000 | 131,815.44 | .14 |
FIRST HORIZON CORPORATION | FHN | 320517105 | COMMON STOCK | 2,100.0000 | 32,613.00 | .03 |
FREEPORT-MCMORAN INC | FCX | 35671D857 | COMMON STOCK | 5,871.0000 | 293,080.32 | .30 |
GE HEALTHCARE TECHNOLOG-INC | GEHC | 36266G107 | COMMON STOCK | 1,694.0000 | 158,981.90 | .16 |
ARTHUR J GALLAGHER & CO | AJG | 363576109 | COMMON STOCK | 1,800.0000 | 506,466.00 | .52 |
GE VERNOVA INC | GEV | 36828A101 | COMMON STOCK | 936.0000 | 238,661.28 | .24 |
GENERAL DYNAMICS CORP | GD | 369550108 | COMMON STOCK | 1,276.0000 | 385,607.20 | .40 |
GE AEROSPACE | GE | 369604301 | COMMON STOCK | 3,238.0000 | 610,622.04 | .63 |
GENTEX CORP | GNTX | 371901109 | COMMON STOCK | 974.0000 | 28,918.06 | .03 |
GOLDMAN SACHS GROUP INC | GS | 38141G104 | COMMON STOCK | 1,246.0000 | 616,907.06 | .63 |
GOODYEAR TIRE & RUBBER CO | GT | 382550101 | COMMON STOCK | 2,785.0000 | 24,647.25 | .03 |
GRACO INC | GGG | 384109104 | COMMON STOCK | 1,956.0000 | 171,169.56 | .18 |
WW GRAINGER INC | GWW | 384802104 | COMMON STOCK | 307.0000 | 318,914.67 | .33 |
HF SINCLAIR CORP | DINO | 403949100 | COMMON STOCK | 227.0000 | 10,117.39 | .01 |
HARLEY-DAVIDSON INC | HOG | 412822108 | COMMON STOCK | 1,589.0000 | 61,224.17 | .06 |
HEICO CORP | HEI | 422806109 | COMMON STOCK | 893.0000 | 233,501.64 | .24 |
HERC HOLDINGS INC | HRI | 42704L104 | COMMON STOCK | 99.0000 | 15,783.57 | .02 |
HOME DEPOT INC | HD | 437076102 | COMMON STOCK | 2,621.0000 | 1,062,029.20 | 1.09 |
HORMEL FOODS CORP | HRL | 440452100 | COMMON STOCK | 4,118.0000 | 130,540.60 | .13 |
HUNTSMAN CORP | HUN | 447011107 | COMMON STOCK | 9,134.0000 | 221,042.80 | .23 |
IDEX CORP | IEX | 45167R104 | COMMON STOCK | 710.0000 | 152,295.00 | .16 |
INTL BUSINESS MACHINES CORP | IBM | 459200101 | COMMON STOCK | 2,662.0000 | 588,514.96 | .60 |
INTUIT INC | INTU | 461202103 | COMMON STOCK | 766.0000 | 475,686.00 | .49 |
INTUITIVE SURGICAL INC | ISRG | 46120E602 | COMMON STOCK | 1,244.0000 | 611,139.88 | .63 |
JPMORGAN CHASE & CO | JPM | 46625H100 | COMMON STOCK | 6,735.0000 | 1,420,142.10 | 1.46 |
JEFFERIES FINANCIAL GROUP IN | JEF | 47233W109 | COMMON STOCK | 1,682.0000 | 103,527.10 | .11 |
JOHNSON & JOHNSON | JNJ | 478160104 | COMMON STOCK | 5,381.0000 | 872,044.86 | .89 |
JONES LANG LASALLE INC | JLL | 48020Q107 | COMMON STOCK | 665.0000 | 179,423.65 | .18 |
KELLANOVA | K | 487836108 | COMMON STOCK | 2,996.0000 | 241,807.16 | .25 |
KEURIG DR PEPPER INC | KDP | 49271V100 | COMMON STOCK | 6,980.0000 | 261,610.40 | .27 |
KIMBERLY-CLARK CORP | KMB | 494368103 | COMMON STOCK | 4,625.0000 | 658,045.00 | .67 |
KOHLS CORP | KSS | 500255104 | COMMON STOCK | 568.0000 | 11,984.80 | .01 |
LAM RESEARCH CORP | LRCX | 512807108 | COMMON STOCK | 491.0000 | 400,695.28 | .41 |
LAS VEGAS SANDS CORP | LVS | 517834107 | COMMON STOCK | 1,943.0000 | 97,810.62 | .10 |
LEAR CORP | LEA | 521865204 | COMMON STOCK | 494.0000 | 53,920.10 | .06 |
LENNOX INTERNATIONAL INC | LII | 526107107 | COMMON STOCK | 315.0000 | 190,351.35 | .20 |
ELI LILLY & CO | LLY | 532457108 | COMMON STOCK | 1,777.0000 | 1,574,315.38 | 1.61 |
LINCOLN ELECTRIC HOLDINGS | LECO | 533900106 | COMMON STOCK | 1,037.0000 | 199,124.74 | .20 |
LOUISIANA-PACIFIC CORP | LPX | 546347105 | COMMON STOCK | 2,282.0000 | 245,223.72 | .25 |
LOWE'S COS INC | LOW | 548661107 | COMMON STOCK | 1,802.0000 | 488,071.70 | .50 |
LYFT INC-A | LYFT | 55087P104 | COMMON STOCK | 451.0000 | 5,750.25 | .01 |
M & T BANK CORP | MTB | 55261F104 | COMMON STOCK | 872.0000 | 155,320.64 | .16 |
MARKEL GROUP INC | MKL | 570535104 | COMMON STOCK | 104.0000 | 163,132.32 | .17 |
MARVELL TECHNOLOGY INC | MRVL | 573874104 | COMMON STOCK | 1,167.0000 | 84,164.04 | .09 |
MASTERCARD INC - A | MA | 57636Q104 | COMMON STOCK | 2,305.0000 | 1,138,209.00 | 1.17 |
MCDONALDS CORP | MCD | 580135101 | COMMON STOCK | 2,102.0000 | 640,080.02 | .66 |
MERCADOLIBRE INC | MELI | 58733R102 | COMMON STOCK | 22.0000 | 45,143.12 | .05 |
MERCK & CO. INC. | MRK | 58933Y105 | COMMON STOCK | 6,076.0000 | 689,990.56 | .71 |
MICROSOFT CORP | MSFT | 594918104 | COMMON STOCK | 14,978.0000 | 6,445,033.40 | 6.61 |
MICRON TECHNOLOGY INC | MU | 595112103 | COMMON STOCK | 3,158.0000 | 327,516.18 | .34 |
MOLINA HEALTHCARE INC | MOH | 60855R100 | COMMON STOCK | 374.0000 | 128,865.44 | .13 |
MOLSON COORS BEVERAGE CO - B | TAP | 60871R209 | COMMON STOCK | 2,726.0000 | 156,799.52 | .16 |
MONSTER BEVERAGE CORP | MNST | 61174X109 | COMMON STOCK | 3,491.0000 | 182,125.47 | .19 |
MORGAN STANLEY | MS | 617446448 | COMMON STOCK | 4,157.0000 | 433,325.68 | .44 |
NOV INC | NOV | 62955J103 | COMMON STOCK | 1,770.0000 | 28,266.90 | .03 |
NASDAQ INC | NDAQ | 631103108 | COMMON STOCK | 2,501.0000 | 182,598.01 | .19 |
NETFLIX INC | NFLX | 64110L106 | COMMON STOCK | 988.0000 | 700,758.76 | .72 |
NEW YORK TIMES CO-A | NYT | 650111107 | COMMON STOCK | 3,303.0000 | 183,878.01 | .19 |
NVIDIA CORP | NVDA | 67066G104 | COMMON STOCK | 50,194.0000 | 6,095,559.36 | 6.25 |
OCCIDENTAL PETROLEUM CORP | OXY | 674599105 | COMMON STOCK | 3,501.0000 | 180,441.54 | .19 |
OLIN CORP | OLN | 680665205 | COMMON STOCK | 442.0000 | 21,207.16 | .02 |
ON SEMICONDUCTOR | ON | 682189105 | COMMON STOCK | 2,501.0000 | 181,597.61 | .19 |
ORACLE CORP | ORCL | 68389X105 | COMMON STOCK | 4,087.0000 | 696,424.80 | .71 |
OVINTIV INC | OVV | 69047Q102 | COMMON STOCK | 1,205.0000 | 46,163.55 | .05 |
PPL CORP | PPL | 69351T106 | COMMON STOCK | 11,604.0000 | 383,860.32 | .39 |
PACKAGING CORP OF AMERICA | PKG | 695156109 | COMMON STOCK | 906.0000 | 195,152.40 | .20 |
PEPSICO INC | PEP | 713448108 | COMMON STOCK | 2,751.0000 | 467,807.55 | .48 |
PFIZER INC | PFE | 717081103 | COMMON STOCK | 9,895.0000 | 286,361.30 | .29 |
PHILIP MORRIS INTERNA | PM | 718172109 | COMMON STOCK | 5,957.0000 | 723,179.80 | .74 |
PHILLIPS 66 | PSX | 718546104 | COMMON STOCK | 1,598.0000 | 210,057.10 | .22 |
PLANET FITNESS INC - CL A | PLNT | 72703H101 | COMMON STOCK | 223.0000 | 18,112.06 | .02 |
QUALCOMM INC | QCOM | 747525103 | COMMON STOCK | 2,325.0000 | 395,366.25 | .41 |
RPM INTERNATIONAL INC | RPM | 749685103 | COMMON STOCK | 1,472.0000 | 178,112.00 | .18 |
RANGE RESOURCES CORP | RRC | 75281A109 | COMMON STOCK | 629.0000 | 19,348.04 | .02 |
REALTY INCOME CORP | O | 756109104 | REIT - Real Estate Invesment Trust | 11,089.0000 | 703,264.38 | .72 |
REGENERON PHARMACEUTICALS | REGN | 75886F107 | COMMON STOCK | 326.0000 | 342,704.24 | .35 |
REPUBLIC SERVICES INC | RSG | 760759100 | COMMON STOCK | 1,466.0000 | 294,431.44 | .30 |
ROCKWELL AUTOMATION INC | ROK | 773903109 | COMMON STOCK | 704.0000 | 188,995.84 | .19 |
ROKU INC | ROKU | 77543R102 | COMMON STOCK | 1,111.0000 | 82,947.26 | .09 |
S&P GLOBAL INC | SPGI | 78409V104 | COMMON STOCK | 1,157.0000 | 597,729.34 | .61 |
SALESFORCE INC | CRM | 79466L302 | COMMON STOCK | 2,299.0000 | 629,259.29 | .65 |
SCIENTIFIC GAMES CORP-A | LNW | 80874P109 | COMMON STOCK | 198.0000 | 17,964.54 | .02 |
SERVICENOW INC | NOW | 81762P102 | COMMON STOCK | 596.0000 | 533,056.44 | .55 |
SILICON LABORATORIES INC | SLAB | 826919102 | COMMON STOCK | 697.0000 | 80,552.29 | .08 |
SKECHERS USA INC-CL A | SKX | 830566105 | COMMON STOCK | 2,474.0000 | 165,560.08 | .17 |
JM SMUCKER CO/THE | SJM | 832696405 | COMMON STOCK | 713.0000 | 86,344.30 | .09 |
SOLVENTUM CORP | SOLV | 83444M101 | COMMON STOCK | 542.0000 | 37,788.24 | .04 |
SONOCO PRODUCTS CO | SON | 835495102 | COMMON STOCK | 1,417.0000 | 77,410.71 | .08 |
SOUTHERN COPPER CORP | SCCO | 84265V105 | COMMON STOCK | 402.0000 | 46,499.34 | .05 |
SPECTRUM BRANDS HOLDINGS INC | 84790A105 | COMMON STOCK | 663.0000 | 63,077.82 | .06 | |
BLOCK INC | SQ | 852234103 | COMMON STOCK | 1,470.0000 | 98,681.10 | .10 |
TJX COMPANIES INC | TJX | 872540109 | COMMON STOCK | 4,005.0000 | 470,747.70 | .48 |
TARGA RESOURCES CORP | TRGP | 87612G101 | COMMON STOCK | 1,562.0000 | 231,191.62 | .24 |
TESLA INC | TSLA | 88160R101 | COMMON STOCK | 5,784.0000 | 1,513,267.92 | 1.55 |
TEXTRON INC | TXT | 883203101 | COMMON STOCK | 1,974.0000 | 174,856.92 | .18 |
THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | COMMON STOCK | 949.0000 | 587,022.93 | .60 |
3M CO | MMM | 88579Y101 | COMMON STOCK | 2,170.0000 | 296,639.00 | .30 |
TOLL BROTHERS INC | TOL | 889478103 | COMMON STOCK | 1,604.0000 | 247,801.96 | .25 |
TRANSUNION | TRU | 89400J107 | COMMON STOCK | 1,031.0000 | 107,945.70 | .11 |
UBER TECHNOLOGIES INC | UBER | 90353T100 | COMMON STOCK | 5,620.0000 | 422,399.20 | .43 |
UNITED PARCEL SERVICE-CL B | UPS | 911312106 | COMMON STOCK | 2,173.0000 | 296,266.82 | .30 |
US FOODS HOLDING CORP | USFD | 912008109 | COMMON STOCK | 2,761.0000 | 169,801.50 | .17 |
UNITED THERAPEUTICS CORP | UTHR | 91307C102 | COMMON STOCK | 182.0000 | 65,219.70 | .07 |
UNITEDHEALTH GROUP INC | UNH | 91324P102 | COMMON STOCK | 2,125.0000 | 1,242,445.00 | 1.27 |
UNUM GROUP | UNM | 91529Y106 | COMMON STOCK | 1,618.0000 | 96,173.92 | .10 |
VAIL RESORTS INC | MTN | 91879Q109 | COMMON STOCK | 243.0000 | 42,352.47 | .04 |
VEEVA SYSTEMS INC-CLASS A | VEEV | 922475108 | COMMON STOCK | 233.0000 | 48,899.71 | .05 |
VERIZON COMMUNICATIONS INC | VZ | 92343V104 | COMMON STOCK | 14,841.0000 | 666,509.31 | .68 |
VICI PROPERTIES INC | VICI | 925652109 | REIT - Real Estate Invesment Trust | 19,514.0000 | 650,011.34 | .67 |
VISA INC-CLASS A SHARES | V | 92826C839 | COMMON STOCK | 4,380.0000 | 1,204,281.00 | 1.24 |
VOYA FINANCIAL INC | VOYA | 929089100 | COMMON STOCK | 249.0000 | 19,725.78 | .02 |
WP CAREY INC | WPC | 92936U109 | REIT - Real Estate Invesment Trust | 2,986.0000 | 186,027.80 | .19 |
WALMART INC | WMT | 931142103 | COMMON STOCK | 11,892.0000 | 960,279.00 | .98 |
WATERS CORP | WAT | 941848103 | COMMON STOCK | 538.0000 | 193,620.82 | .20 |
WELLS FARGO & CO | WFC | 949746101 | COMMON STOCK | 9,852.0000 | 556,539.48 | .57 |
WILLIAMS-SONOMA INC | WSM | 969904101 | COMMON STOCK | 482.0000 | 74,671.44 | .08 |
WORKDAY INC-CLASS A | WDAY | 98138H101 | COMMON STOCK | 247.0000 | 60,369.27 | .06 |
XPO INC | XPO | 983793100 | COMMON STOCK | 283.0000 | 30,425.33 | .03 |
XCEL ENERGY INC | XEL | 98389B100 | COMMON STOCK | 5,435.0000 | 354,905.50 | .36 |
XYLEM INC | XYL | 98419M100 | COMMON STOCK | 1,686.0000 | 227,660.58 | .23 |
YUM CHINA HOLDINGS INC | YUMC | 98850P109 | COMMON STOCK | 485.0000 | 21,834.70 | .02 |
ZIMMER BIOMET HOLDINGS INC | ZBH | 98956P102 | COMMON STOCK | 1,555.0000 | 167,862.25 | .17 |
ZOOM VIDEO COMMUNICATIONS-A | ZM | 98980L101 | COMMON STOCK | 546.0000 | 38,078.04 | .04 |
CAPRI HOLDINGS LTD | CPRI | BJ1N1M9 | COMMON STOCK | 491.0000 | 20,838.04 | .02 |
P/O CBOE S P 500 C SEP 4375.00 | SPXW240930P04375000 | 34K99UFU1 | OPTIONS | -56.0000 | -280.00 | -.00 |
C/O CBOE S P 500 C SEP 5750.00 | SPXW240930C05750000 | 3IX99MY90 | OPTIONS | -28.0000 | -34,720.00 | -.04 |
P/O CBOE S P 500 C SEP 5195.00 | SPXW240930P05195000 | 3UX99Q489 | OPTIONS | 56.0000 | 280.00 | .00 |
P/O CBOE S P 500 C OCT 4425.00 | SPXW241031P04425000 | 3YI996U67 | OPTIONS | -56.0000 | -14,420.00 | -.01 |
P/O CBOE S P 500 C OCT 5250.00 | SPXW241031P05250000 | 3YI996VX7 | OPTIONS | 56.0000 | 61,320.00 | .06 |
C/O CBOE S P 500 C NOV 5900.00 | SPXW241129C05900000 | 421990UE0 | OPTIONS | -28.0000 | -221,340.00 | -.23 |
P/O CBOE S P 500 C NOV 4500.00 | SPXW241129P04500000 | 42299KLZ8 | OPTIONS | -55.0000 | -46,475.00 | -.05 |
C/O CBOE S P 500 C OCT 5830.00 | SPXW241031C05830000 | 43P99I212 | OPTIONS | -28.0000 | -151,480.00 | -.16 |
P/O CBOE S P 500 C NOV 5345.00 | SPXW241129P05345000 | 46399W3F6 | OPTIONS | 55.0000 | 225,500.00 | .23 |
Distributions
Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price |
---|---|---|---|---|---|---|
Destinations Shelter Fund | 10964R756 | Dividend | 0.009072 | 9/27/24 | 9/27/24 | 11.63 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.007493 | 6/27/24 | 6/27/24 | $11.16 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.002977 | 3/27/24 | 3/27/24 | $10.70 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.012943 | 12/28/23 | 12/28/23 | $9.98 |
Destinations Shelter Fund - Class I | 10964R756 | Dividend | 0.008265 | 9/28/23 | 9/28/23 | $9.33 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.010505 | 6/29/23 | 6/29/23 | $9.46 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.003771 | 3/30/23 | 3/30/23 | $8.85 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.008878 | 12/29/22 | 12/29/22 | $8.55 |
Destinations Shelter Fund | 10964R756 | Short-Term Capital Gains | 0.008749 | 12/15/22 | 12/15/22 | $8.62 |
Destinations Shelter Fund | 10964R756 | Long-Term Capital Gains | 0.010866 | 12/15/22 | 12/15/22 | $8.62 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.004956 | 9/29/22 | 9/29/22 | $8.42 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.00623 | 6/29/22 | 6/29/22 | $8.77 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.001181 | 3/30/22 | 3/30/22 | $9.84 |
Destinations Shelter Fund | 10964R756 | Dividend | 0.007741 | 12/29/21 | 12/29/21 | $10.24 |
Fees and expenses
Type | Amount |
---|---|
Management Fees | 0.85% |
Distribution and Service (12b-1) Fees | None |
Other Expenses | 0.34% |
AFFE | None |
Total Annual Fund Operating Expenses | 1.19% |
Fee waivers and expense reimbursements | (0.06)%* |
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 1.13% |
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
Overview
The Destinations Shelter Fund seeks capital appreciation with lower volatility than broad equity markets. The Fund will use derivative investments, including options on equity indexes, to seek to mitigate significant equity market downside risk.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- Gateway Investment Advisers, LLC is the sub-adviser of the Gateway Hedged Equity strategy, a low-volatility equity strategy that seeks to protect its index-tracking equity portfolio by purchasing a laddered portfolio of 3-month index put spreads that are partially funded by selling 3-month index call options.
Z Share Fund performance as of 9/30/2024 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Annualized | ||||||||||||
QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | |||||||
Destinations Shelter Fund |
|
|
|
|
|
| ||||||
Russell 1000 Index |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
Russell 1000 Index: A market cap-weighted index that measures the performance of the large-cap segment of the US equity universe and includes approximately 1,000 of the largest US companies based on market capitalization.
An investment in the Destinations Shelter Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, options and swaps, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies.
Hedges are sometimes subject to imperfect matching between the derivative and the underlying security, and there can be no assurance that the Fund’s hedging transactions will be effective. In addition, the use of hedging may result in certain adverse tax consequences.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
- Ticker: DSHZX
- CUSIP: 10964R749
- Benchmark: Russell 1000 Index
- Inception date: 10/26/2021
- Gross expense ratio:
1.15% - Net expense ratio:*
1.04%
Daily NAV | Date: | 12/09/2024 |
NAV: $11.98 NAV change: -$0.04 Total assets ($m): $2.3
Management team
- Brian Storey CFA, Deputy CIO of Destinations Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 license. He is a member of the CFA® Institute and the CFA® Society North Carolina.
- Andrew Goins Andrew Goins, CFA, Senior Portfolio Manager
Andrew Goins is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Andrew is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence. Andrew first joined Brinker Capital in 2010. He held several roles focusing on manager research and due diligence as well as managing multi-asset class portfolios before moving into a senior portfolio manager role in 2023.
Prior to joining Brinker Capital, Andrew was an investment management analyst at Budros, Ruhlin & Roe, an independent RIA in Columbus, OH. Andrew graduated from The Ohio State University with a Bachelor of Science in Business Administration. Andrew is a CFA® charterholder and holds the FINRA Series 7 license. He is a member of the CFA® Institute and the CFA® Society North Carolina.
Performance
Z Share Fund performance as of 9/30/2024 | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Annualized | ||||||||||||||||||
QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | ||||||||||
Destinations Shelter Fund |
|
|
|
|
|
|
|
|
| |||||||||
Russell 1000 Index |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-877-771-7979.
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
Russell 1000 Index: A market cap-weighted index that measures the performance of the large-cap segment of the US equity universe and includes approximately 1,000 of the largest US companies based on market capitalization.
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Holdings
Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
---|---|---|---|---|---|---|
US DOLLARS | CASHUSD | CURRENCY | 645,783.1800 | 645,783.18 | .66 | |
RENAISSANCERE HOLDINGS LTD | RNR | G7496G103 | COMMON STOCK | 187.0000 | 50,938.80 | .05 |
BANCO BRADESCO-ADR | BBD | 059460303 | COMMON STOCK | 5,068.0000 | 13,480.88 | .01 |
ITAU UNIBANCO HOLDINGS SA | ITUB | 465562106 | COMMON STOCK | 4,360.0000 | 28,994.00 | .03 |
VALE SA-SP ADR | VALE-W | 91912E105 | COMMON STOCK | 1,732.0000 | 20,229.76 | .02 |
BANK OF MONTREAL | BMO | 063671101 | COMMON STOCK | 60.0000 | 5,412.00 | .01 |
BARRICK GOLD CORP | GOLD | 067901108 | COMMON STOCK | 1,743.0000 | 34,668.27 | .04 |
BROOKFIELD CORP | BN-W | 11271J107 | COMMON STOCK | 6,015.0000 | 319,697.25 | .33 |
BROOKFIELD ASSET MGMT-A | BAM | 113004105 | COMMON STOCK | 4,333.0000 | 204,907.57 | .21 |
CANADIAN NATL RAILWAY CO | CNI | 136375102 | COMMON STOCK | 1,774.0000 | 207,824.10 | .21 |
CANADIAN NATURAL RESOURCES | CNQ | 136385101 | COMMON STOCK | 3,338.0000 | 110,854.98 | .11 |
CANADIAN PACIFIC KANSAS CITY | 13646K108 | COMMON STOCK | 1,121.0000 | 95,890.34 | .10 | |
CENOVUS ENERGY INC | CVE | 15135U109 | COMMON STOCK | 3,832.0000 | 64,109.36 | .07 |
ENBRIDGE INC | ENB | 29250N105 | COMMON STOCK | 451.0000 | 18,315.11 | .02 |
MAGNA INTERNATIONAL INC | MGA | 559222401 | COMMON STOCK | 416.0000 | 17,072.64 | .02 |
MANULIFE FINANCIAL CORP | MFC | 56501R106 | COMMON STOCK | 5,545.0000 | 163,854.75 | .17 |
NUTRIEN LTD | NTR | 67077M108 | COMMON STOCK | 2,160.0000 | 103,809.60 | .11 |
RESTAURANT BRANDS INTERN | QSR | 76131D103 | COMMON STOCK | 831.0000 | 59,931.72 | .06 |
SHOPIFY INC - CLASS A | 82509L107 | COMMON STOCK | 779.0000 | 62,429.06 | .06 | |
SUNCOR ENERGY INC NEW | SU | 867224107 | COMMON STOCK | 2,703.0000 | 99,794.76 | .10 |
TC ENERGY CORP | TRP | 87807B107 | COMMON STOCK | 257.0000 | 12,220.35 | .01 |
WASTE CONNECTIONS INC | 94106B101 | COMMON STOCK | 806.0000 | 144,128.92 | .15 | |
SCHLUMBERGER LTD | SLB | 806857108 | COMMON STOCK | 5,640.0000 | 236,598.00 | .24 |
SAP SE-SPONSORED ADR | SAP | 803054204 | COMMON STOCK | 470.0000 | 107,677.00 | .11 |
ICICI BANK LTD-SPON ADR | IBN | 45104G104 | COMMON STOCK | 554.0000 | 16,536.90 | .02 |
ICON PLC | ICLR | B94G471 | COMMON STOCK | 196.0000 | 56,312.76 | .06 |
AON PLC-CLASS A | AON | BLP1HW5 | COMMON STOCK | 955.0000 | 330,420.45 | .34 |
LINDE PLC | LIN | BNZHB81 | COMMON STOCK | 1,139.0000 | 543,143.54 | .56 |
MEDTRONIC PLC | MDT | BTN1Y11 | COMMON STOCK | 4,048.0000 | 364,441.44 | .37 |
ACCENTURE PLC-CL A | ACN | G1151C101 | COMMON STOCK | 1,236.0000 | 436,901.28 | .45 |
JAZZ PHARMACEUTICALS PLC | JAZZ | G50871105 | COMMON STOCK | 238.0000 | 26,515.58 | .03 |
PERRIGO COMPANY PLC | PRGO | G97822103 | COMMON STOCK | 355.0000 | 9,311.65 | .01 |
CHECK POINT SOFTWARE TECH | CHKP | 2181334 | COMMON STOCK | 484.0000 | 93,320.04 | .10 |
TEVA PHARMACEUTICAL-SP ADR | TEVA | 881624209 | COMMON STOCK | 2,538.0000 | 45,734.76 | .05 |
NXP SEMICONDUCTORS NV | NXPI | B505PN7 | COMMON STOCK | 852.0000 | 204,488.52 | .21 |
ASML HOLDING NV-NY REG SHS | ASML | B908F01 | COMMON STOCK | 145.0000 | 120,821.25 | .12 |
LYONDELLBASELL INDU-CL A | LYB | N53745100 | COMMON STOCK | 2,192.0000 | 210,212.80 | .22 |
ERICSSON (LM) TEL-SP ADR | ERIC | 294821608 | COMMON STOCK | 13,618.0000 | 103,224.44 | .11 |
NOVARTIS AG-SPONSORED ADR | NVS | 66987V109 | COMMON STOCK | 183.0000 | 21,048.66 | .02 |
ALCON INC | ALC | BJXBP41 | COMMON STOCK | 1,138.0000 | 113,879.66 | .12 |
TAIWAN SEMICONDUCTOR-SP ADR | TSM | 874039100 | COMMON STOCK | 176.0000 | 30,565.92 | .03 |
ASTRAZENECA PLC-SPONS ADR | AZN | 046353108 | COMMON STOCK | 1,291.0000 | 100,581.81 | .10 |
BRITISH AMERICAN TOB-SP ADR | BTI | 110448107 | COMMON STOCK | 2,467.0000 | 90,242.86 | .09 |
RIO TINTO PLC-SPON ADR | RIO | 767204100 | COMMON STOCK | 651.0000 | 46,331.67 | .05 |
AFLAC INC | AFL | 001055102 | COMMON STOCK | 3,161.0000 | 353,399.80 | .36 |
ABBOTT LABORATORIES | ABT | 002824100 | COMMON STOCK | 3,189.0000 | 363,577.89 | .37 |
ABBVIE INC | ABBV | 00287Y109 | COMMON STOCK | 3,952.0000 | 780,440.96 | .80 |
ACUITY BRANDS INC | AYI | 00508Y102 | COMMON STOCK | 359.0000 | 98,865.01 | .10 |
ADOBE INC | ADBE | 00724F101 | COMMON STOCK | 1,079.0000 | 558,684.62 | .57 |
AECOM | ACM | 00766T100 | COMMON STOCK | 694.0000 | 71,669.38 | .07 |
ADVANCED MICRO DEVICES | AMD | 007903107 | COMMON STOCK | 4,067.0000 | 667,313.36 | .68 |
ALNYLAM PHARMACEUTICALS INC | ALNY | 02043Q107 | COMMON STOCK | 185.0000 | 50,880.55 | .05 |
ALPHABET INC-CL C | GOOG | 02079K107 | COMMON STOCK | 23,660.0000 | 3,955,715.40 | 4.06 |
ALPHABET INC-CL A | GOOGL | 02079K305 | COMMON STOCK | 801.0000 | 132,845.85 | .14 |
AMAZON.COM INC | AMZN | 023135106 | COMMON STOCK | 18,541.0000 | 3,454,744.53 | 3.54 |
AMEREN CORPORATION | AEE | 023608102 | COMMON STOCK | 4,555.0000 | 398,380.30 | .41 |
AMERICAN ELECTRIC POWER | AEP | 025537101 | COMMON STOCK | 5,585.0000 | 573,021.00 | .59 |
AMERICAN EXPRESS CO | AXP | 025816109 | COMMON STOCK | 2,097.0000 | 568,706.40 | .58 |
AMERICAN HOMES 4 RENT- A | AMH | 02665T306 | REIT - Real Estate Invesment Trust | 2,759.0000 | 105,918.01 | .11 |
AMERIPRISE FINANCIAL INC | AMP | 03076C106 | COMMON STOCK | 940.0000 | 441,621.40 | .45 |
AMETEK INC | AME | 031100100 | COMMON STOCK | 1,994.0000 | 342,389.74 | .35 |
AMGEN INC | AMGN | 031162100 | COMMON STOCK | 1,564.0000 | 503,936.44 | .52 |
AMPHENOL CORP-CL A | APH | 032095101 | COMMON STOCK | 7,600.0000 | 495,216.00 | .51 |
ELEVANCE HEALTH INC | ELV | 036752103 | COMMON STOCK | 827.0000 | 430,040.00 | .44 |
APPLE INC | AAPL | 037833100 | COMMON STOCK | 29,291.0000 | 6,824,803.00 | 7.00 |
APPLIED MATERIALS INC | AMAT | 038222105 | COMMON STOCK | 2,573.0000 | 519,874.65 | .53 |
ARAMARK | ARMK | 03852U106 | COMMON STOCK | 1,163.0000 | 45,042.99 | .05 |
AUTOLIV INC | ALV | 052800109 | COMMON STOCK | 246.0000 | 22,969.02 | .02 |
AUTOMATIC DATA PROCESSING | ADP | 053015103 | COMMON STOCK | 1,769.0000 | 489,535.37 | .50 |
AVANTOR INC | AVTR | 05352A100 | COMMON STOCK | 1,059.0000 | 27,396.33 | .03 |
BWX TECHNOLOGIES INC | BWXT | 05605H100 | COMMON STOCK | 1,347.0000 | 146,418.90 | .15 |
BANK OF AMERICA CORP | BAC | 060505104 | COMMON STOCK | 15,858.0000 | 629,245.44 | .65 |
BECTON DICKINSON AND CO | BDX | 075887109 | COMMON STOCK | 1,240.0000 | 298,964.00 | .31 |
WR BERKLEY CORP | WRB | 084423102 | COMMON STOCK | 2,545.0000 | 144,377.85 | .15 |
BERKSHIRE HATHAWAY INC-CL B | BRK/B | 084670702 | COMMON STOCK | 4,747.0000 | 2,184,854.22 | 2.24 |
BIOMARIN PHARMACEUTICAL INC | BMRN | 09061G101 | COMMON STOCK | 435.0000 | 30,576.15 | .03 |
BIOGEN INC | BIIB | 09062X103 | COMMON STOCK | 696.0000 | 134,912.64 | .14 |
BOEING CO/THE | BA | 097023105 | COMMON STOCK | 1,825.0000 | 277,473.00 | .28 |
BOOKING HOLDINGS INC | BKNG | 09857L108 | COMMON STOCK | 104.0000 | 438,060.48 | .45 |
BOOZ ALLEN HAMILTON HOLDINGS | BAH | 099502106 | COMMON STOCK | 509.0000 | 82,844.84 | .08 |
BROADCOM INC | AVGO | 11135F101 | COMMON STOCK | 9,760.0000 | 1,683,600.00 | 1.73 |
BROWN & BROWN INC | BRO | 115236101 | COMMON STOCK | 2,817.0000 | 291,841.20 | .30 |
BRUNSWICK CORP | BC | 117043109 | COMMON STOCK | 1,057.0000 | 88,597.74 | .09 |
BURLINGTON STORES INC | BURL | 122017106 | COMMON STOCK | 80.0000 | 21,078.40 | .02 |
CIGNA CORP | CI | 125523100 | COMMON STOCK | 1,135.0000 | 393,209.40 | .40 |
CAMPBELL SOUP CO | CPB | 134429109 | COMMON STOCK | 3,024.0000 | 147,934.08 | .15 |
CARLISLE COS INC | CSL | 142339100 | COMMON STOCK | 330.0000 | 148,417.50 | .15 |
CATERPILLAR INC | CAT | 149123101 | COMMON STOCK | 1,605.0000 | 627,747.60 | .64 |
CHEVRON CORP | CVX | 166764100 | COMMON STOCK | 4,381.0000 | 645,189.87 | .66 |
CIENA CORP | CIEN | 171779309 | COMMON STOCK | 868.0000 | 53,460.12 | .05 |
CIRRUS LOGIC INC | CRUS | 172755100 | COMMON STOCK | 285.0000 | 35,399.85 | .04 |
CISCO SYSTEMS INC | CSCO | 17275R102 | COMMON STOCK | 11,960.0000 | 636,511.20 | .65 |
CLOROX COMPANY | CLX | 189054109 | COMMON STOCK | 1,211.0000 | 197,284.01 | .20 |
COGNEX CORP | CGNX | 192422103 | COMMON STOCK | 2,427.0000 | 98,293.50 | .10 |
ENOVIS CORP | ENOV | 194014502 | COMMON STOCK | 2,217.0000 | 95,441.85 | .10 |
CONSOLIDATED EDISON INC | ED | 209115104 | COMMON STOCK | 3,809.0000 | 396,631.17 | .41 |
CONSTELLATION BRANDS INC-A | STZ | 21036P108 | COMMON STOCK | 1,598.0000 | 411,788.62 | .42 |
COSTCO WHOLESALE CORP | COST | 22160K105 | COMMON STOCK | 1,233.0000 | 1,093,079.16 | 1.12 |
CREDIT ACCEPTANCE CORP | CACC | 225310101 | COMMON STOCK | 28.0000 | 12,415.76 | .01 |
CROWN HOLDINGS INC | CCK | 228368106 | COMMON STOCK | 617.0000 | 59,157.96 | .06 |
CUBESMART | CUBE | 229663109 | REIT - Real Estate Invesment Trust | 4,452.0000 | 239,651.16 | .25 |
CULLEN/FROST BANKERS INC | CFR | 229899109 | COMMON STOCK | 255.0000 | 28,524.30 | .03 |
DANAHER CORP | DHR | 235851102 | COMMON STOCK | 1,871.0000 | 520,175.42 | .53 |
DEERE AND CO | DE | 244199105 | COMMON STOCK | 911.0000 | 380,187.63 | .39 |
DELL TECHNOLOGIES -C | DELL | 24703L202 | COMMON STOCK | 614.0000 | 72,783.56 | .07 |
DELTA AIR LINES INC | DAL | 247361702 | COMMON STOCK | 4,966.0000 | 252,223.14 | .26 |
DEXCOM INC | DXCM | 252131107 | COMMON STOCK | 1,077.0000 | 72,202.08 | .07 |
DICK'S SPORTING GOODS INC | DKS | 253393102 | COMMON STOCK | 192.0000 | 40,070.40 | .04 |
WALT DISNEY CO/THE | DIS | 254687106 | COMMON STOCK | 1,836.0000 | 176,604.84 | .18 |
DRAFTKINGS INC-CL A | DKNG | 26142V105 | COMMON STOCK | 444.0000 | 17,404.80 | .02 |
EAST WEST BANCORP INC | EWBC | 27579R104 | COMMON STOCK | 1,227.0000 | 101,521.98 | .10 |
ENTEGRIS INC | ENTG | 29362U104 | COMMON STOCK | 682.0000 | 76,745.46 | .08 |
VESTIS CORP | VSTS | 29430C102 | COMMON STOCK | 581.0000 | 8,656.90 | .01 |
EQUITY RESIDENTIAL | EQR | 29476L107 | REIT - Real Estate Invesment Trust | 4,397.0000 | 327,400.62 | .34 |
ESSENTIAL UTILITIES INC | WTRG | 29670G102 | COMMON STOCK | 5,724.0000 | 220,774.68 | .23 |
EVERCORE INC - A | EVR | 29977A105 | COMMON STOCK | 684.0000 | 173,284.56 | .18 |
EXACT SCIENCES CORP | EXAS | 30063P105 | COMMON STOCK | 348.0000 | 23,705.76 | .02 |
EXXON MOBIL CORP | XOM | 30231G102 | COMMON STOCK | 11,633.0000 | 1,363,620.26 | 1.40 |
META PLATFORMS INC-CLASS A | META | 30303M102 | COMMON STOCK | 4,576.0000 | 2,619,485.44 | 2.69 |
FACTSET RESEARCH SYSTEMS INC | FDS | 303075105 | COMMON STOCK | 316.0000 | 145,312.60 | .15 |
FIDELITY NATIONAL FINANCIAL | FNF | 31620R303 | COMMON STOCK | 2,124.0000 | 131,815.44 | .14 |
FIRST HORIZON CORPORATION | FHN | 320517105 | COMMON STOCK | 2,100.0000 | 32,613.00 | .03 |
FREEPORT-MCMORAN INC | FCX | 35671D857 | COMMON STOCK | 5,871.0000 | 293,080.32 | .30 |
GE HEALTHCARE TECHNOLOG-INC | GEHC | 36266G107 | COMMON STOCK | 1,694.0000 | 158,981.90 | .16 |
ARTHUR J GALLAGHER & CO | AJG | 363576109 | COMMON STOCK | 1,800.0000 | 506,466.00 | .52 |
GE VERNOVA INC | GEV | 36828A101 | COMMON STOCK | 936.0000 | 238,661.28 | .24 |
GENERAL DYNAMICS CORP | GD | 369550108 | COMMON STOCK | 1,276.0000 | 385,607.20 | .40 |
GE AEROSPACE | GE | 369604301 | COMMON STOCK | 3,238.0000 | 610,622.04 | .63 |
GENTEX CORP | GNTX | 371901109 | COMMON STOCK | 974.0000 | 28,918.06 | .03 |
GOLDMAN SACHS GROUP INC | GS | 38141G104 | COMMON STOCK | 1,246.0000 | 616,907.06 | .63 |
GOODYEAR TIRE & RUBBER CO | GT | 382550101 | COMMON STOCK | 2,785.0000 | 24,647.25 | .03 |
GRACO INC | GGG | 384109104 | COMMON STOCK | 1,956.0000 | 171,169.56 | .18 |
WW GRAINGER INC | GWW | 384802104 | COMMON STOCK | 307.0000 | 318,914.67 | .33 |
HF SINCLAIR CORP | DINO | 403949100 | COMMON STOCK | 227.0000 | 10,117.39 | .01 |
HARLEY-DAVIDSON INC | HOG | 412822108 | COMMON STOCK | 1,589.0000 | 61,224.17 | .06 |
HEICO CORP | HEI | 422806109 | COMMON STOCK | 893.0000 | 233,501.64 | .24 |
HERC HOLDINGS INC | HRI | 42704L104 | COMMON STOCK | 99.0000 | 15,783.57 | .02 |
HOME DEPOT INC | HD | 437076102 | COMMON STOCK | 2,621.0000 | 1,062,029.20 | 1.09 |
HORMEL FOODS CORP | HRL | 440452100 | COMMON STOCK | 4,118.0000 | 130,540.60 | .13 |
HUNTSMAN CORP | HUN | 447011107 | COMMON STOCK | 9,134.0000 | 221,042.80 | .23 |
IDEX CORP | IEX | 45167R104 | COMMON STOCK | 710.0000 | 152,295.00 | .16 |
INTL BUSINESS MACHINES CORP | IBM | 459200101 | COMMON STOCK | 2,662.0000 | 588,514.96 | .60 |
INTUIT INC | INTU | 461202103 | COMMON STOCK | 766.0000 | 475,686.00 | .49 |
INTUITIVE SURGICAL INC | ISRG | 46120E602 | COMMON STOCK | 1,244.0000 | 611,139.88 | .63 |
JPMORGAN CHASE & CO | JPM | 46625H100 | COMMON STOCK | 6,735.0000 | 1,420,142.10 | 1.46 |
JEFFERIES FINANCIAL GROUP IN | JEF | 47233W109 | COMMON STOCK | 1,682.0000 | 103,527.10 | .11 |
JOHNSON & JOHNSON | JNJ | 478160104 | COMMON STOCK | 5,381.0000 | 872,044.86 | .89 |
JONES LANG LASALLE INC | JLL | 48020Q107 | COMMON STOCK | 665.0000 | 179,423.65 | .18 |
KELLANOVA | K | 487836108 | COMMON STOCK | 2,996.0000 | 241,807.16 | .25 |
KEURIG DR PEPPER INC | KDP | 49271V100 | COMMON STOCK | 6,980.0000 | 261,610.40 | .27 |
KIMBERLY-CLARK CORP | KMB | 494368103 | COMMON STOCK | 4,625.0000 | 658,045.00 | .67 |
KOHLS CORP | KSS | 500255104 | COMMON STOCK | 568.0000 | 11,984.80 | .01 |
LAM RESEARCH CORP | LRCX | 512807108 | COMMON STOCK | 491.0000 | 400,695.28 | .41 |
LAS VEGAS SANDS CORP | LVS | 517834107 | COMMON STOCK | 1,943.0000 | 97,810.62 | .10 |
LEAR CORP | LEA | 521865204 | COMMON STOCK | 494.0000 | 53,920.10 | .06 |
LENNOX INTERNATIONAL INC | LII | 526107107 | COMMON STOCK | 315.0000 | 190,351.35 | .20 |
ELI LILLY & CO | LLY | 532457108 | COMMON STOCK | 1,777.0000 | 1,574,315.38 | 1.61 |
LINCOLN ELECTRIC HOLDINGS | LECO | 533900106 | COMMON STOCK | 1,037.0000 | 199,124.74 | .20 |
LOUISIANA-PACIFIC CORP | LPX | 546347105 | COMMON STOCK | 2,282.0000 | 245,223.72 | .25 |
LOWE'S COS INC | LOW | 548661107 | COMMON STOCK | 1,802.0000 | 488,071.70 | .50 |
LYFT INC-A | LYFT | 55087P104 | COMMON STOCK | 451.0000 | 5,750.25 | .01 |
M & T BANK CORP | MTB | 55261F104 | COMMON STOCK | 872.0000 | 155,320.64 | .16 |
MARKEL GROUP INC | MKL | 570535104 | COMMON STOCK | 104.0000 | 163,132.32 | .17 |
MARVELL TECHNOLOGY INC | MRVL | 573874104 | COMMON STOCK | 1,167.0000 | 84,164.04 | .09 |
MASTERCARD INC - A | MA | 57636Q104 | COMMON STOCK | 2,305.0000 | 1,138,209.00 | 1.17 |
MCDONALDS CORP | MCD | 580135101 | COMMON STOCK | 2,102.0000 | 640,080.02 | .66 |
MERCADOLIBRE INC | MELI | 58733R102 | COMMON STOCK | 22.0000 | 45,143.12 | .05 |
MERCK & CO. INC. | MRK | 58933Y105 | COMMON STOCK | 6,076.0000 | 689,990.56 | .71 |
MICROSOFT CORP | MSFT | 594918104 | COMMON STOCK | 14,978.0000 | 6,445,033.40 | 6.61 |
MICRON TECHNOLOGY INC | MU | 595112103 | COMMON STOCK | 3,158.0000 | 327,516.18 | .34 |
MOLINA HEALTHCARE INC | MOH | 60855R100 | COMMON STOCK | 374.0000 | 128,865.44 | .13 |
MOLSON COORS BEVERAGE CO - B | TAP | 60871R209 | COMMON STOCK | 2,726.0000 | 156,799.52 | .16 |
MONSTER BEVERAGE CORP | MNST | 61174X109 | COMMON STOCK | 3,491.0000 | 182,125.47 | .19 |
MORGAN STANLEY | MS | 617446448 | COMMON STOCK | 4,157.0000 | 433,325.68 | .44 |
NOV INC | NOV | 62955J103 | COMMON STOCK | 1,770.0000 | 28,266.90 | .03 |
NASDAQ INC | NDAQ | 631103108 | COMMON STOCK | 2,501.0000 | 182,598.01 | .19 |
NETFLIX INC | NFLX | 64110L106 | COMMON STOCK | 988.0000 | 700,758.76 | .72 |
NEW YORK TIMES CO-A | NYT | 650111107 | COMMON STOCK | 3,303.0000 | 183,878.01 | .19 |
NVIDIA CORP | NVDA | 67066G104 | COMMON STOCK | 50,194.0000 | 6,095,559.36 | 6.25 |
OCCIDENTAL PETROLEUM CORP | OXY | 674599105 | COMMON STOCK | 3,501.0000 | 180,441.54 | .19 |
OLIN CORP | OLN | 680665205 | COMMON STOCK | 442.0000 | 21,207.16 | .02 |
ON SEMICONDUCTOR | ON | 682189105 | COMMON STOCK | 2,501.0000 | 181,597.61 | .19 |
ORACLE CORP | ORCL | 68389X105 | COMMON STOCK | 4,087.0000 | 696,424.80 | .71 |
OVINTIV INC | OVV | 69047Q102 | COMMON STOCK | 1,205.0000 | 46,163.55 | .05 |
PPL CORP | PPL | 69351T106 | COMMON STOCK | 11,604.0000 | 383,860.32 | .39 |
PACKAGING CORP OF AMERICA | PKG | 695156109 | COMMON STOCK | 906.0000 | 195,152.40 | .20 |
PEPSICO INC | PEP | 713448108 | COMMON STOCK | 2,751.0000 | 467,807.55 | .48 |
PFIZER INC | PFE | 717081103 | COMMON STOCK | 9,895.0000 | 286,361.30 | .29 |
PHILIP MORRIS INTERNA | PM | 718172109 | COMMON STOCK | 5,957.0000 | 723,179.80 | .74 |
PHILLIPS 66 | PSX | 718546104 | COMMON STOCK | 1,598.0000 | 210,057.10 | .22 |
PLANET FITNESS INC - CL A | PLNT | 72703H101 | COMMON STOCK | 223.0000 | 18,112.06 | .02 |
QUALCOMM INC | QCOM | 747525103 | COMMON STOCK | 2,325.0000 | 395,366.25 | .41 |
RPM INTERNATIONAL INC | RPM | 749685103 | COMMON STOCK | 1,472.0000 | 178,112.00 | .18 |
RANGE RESOURCES CORP | RRC | 75281A109 | COMMON STOCK | 629.0000 | 19,348.04 | .02 |
REALTY INCOME CORP | O | 756109104 | REIT - Real Estate Invesment Trust | 11,089.0000 | 703,264.38 | .72 |
REGENERON PHARMACEUTICALS | REGN | 75886F107 | COMMON STOCK | 326.0000 | 342,704.24 | .35 |
REPUBLIC SERVICES INC | RSG | 760759100 | COMMON STOCK | 1,466.0000 | 294,431.44 | .30 |
ROCKWELL AUTOMATION INC | ROK | 773903109 | COMMON STOCK | 704.0000 | 188,995.84 | .19 |
ROKU INC | ROKU | 77543R102 | COMMON STOCK | 1,111.0000 | 82,947.26 | .09 |
S&P GLOBAL INC | SPGI | 78409V104 | COMMON STOCK | 1,157.0000 | 597,729.34 | .61 |
SALESFORCE INC | CRM | 79466L302 | COMMON STOCK | 2,299.0000 | 629,259.29 | .65 |
SCIENTIFIC GAMES CORP-A | LNW | 80874P109 | COMMON STOCK | 198.0000 | 17,964.54 | .02 |
SERVICENOW INC | NOW | 81762P102 | COMMON STOCK | 596.0000 | 533,056.44 | .55 |
SILICON LABORATORIES INC | SLAB | 826919102 | COMMON STOCK | 697.0000 | 80,552.29 | .08 |
SKECHERS USA INC-CL A | SKX | 830566105 | COMMON STOCK | 2,474.0000 | 165,560.08 | .17 |
JM SMUCKER CO/THE | SJM | 832696405 | COMMON STOCK | 713.0000 | 86,344.30 | .09 |
SOLVENTUM CORP | SOLV | 83444M101 | COMMON STOCK | 542.0000 | 37,788.24 | .04 |
SONOCO PRODUCTS CO | SON | 835495102 | COMMON STOCK | 1,417.0000 | 77,410.71 | .08 |
SOUTHERN COPPER CORP | SCCO | 84265V105 | COMMON STOCK | 402.0000 | 46,499.34 | .05 |
SPECTRUM BRANDS HOLDINGS INC | 84790A105 | COMMON STOCK | 663.0000 | 63,077.82 | .06 | |
BLOCK INC | SQ | 852234103 | COMMON STOCK | 1,470.0000 | 98,681.10 | .10 |
TJX COMPANIES INC | TJX | 872540109 | COMMON STOCK | 4,005.0000 | 470,747.70 | .48 |
TARGA RESOURCES CORP | TRGP | 87612G101 | COMMON STOCK | 1,562.0000 | 231,191.62 | .24 |
TESLA INC | TSLA | 88160R101 | COMMON STOCK | 5,784.0000 | 1,513,267.92 | 1.55 |
TEXTRON INC | TXT | 883203101 | COMMON STOCK | 1,974.0000 | 174,856.92 | .18 |
THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | COMMON STOCK | 949.0000 | 587,022.93 | .60 |
3M CO | MMM | 88579Y101 | COMMON STOCK | 2,170.0000 | 296,639.00 | .30 |
TOLL BROTHERS INC | TOL | 889478103 | COMMON STOCK | 1,604.0000 | 247,801.96 | .25 |
TRANSUNION | TRU | 89400J107 | COMMON STOCK | 1,031.0000 | 107,945.70 | .11 |
UBER TECHNOLOGIES INC | UBER | 90353T100 | COMMON STOCK | 5,620.0000 | 422,399.20 | .43 |
UNITED PARCEL SERVICE-CL B | UPS | 911312106 | COMMON STOCK | 2,173.0000 | 296,266.82 | .30 |
US FOODS HOLDING CORP | USFD | 912008109 | COMMON STOCK | 2,761.0000 | 169,801.50 | .17 |
UNITED THERAPEUTICS CORP | UTHR | 91307C102 | COMMON STOCK | 182.0000 | 65,219.70 | .07 |
UNITEDHEALTH GROUP INC | UNH | 91324P102 | COMMON STOCK | 2,125.0000 | 1,242,445.00 | 1.27 |
UNUM GROUP | UNM | 91529Y106 | COMMON STOCK | 1,618.0000 | 96,173.92 | .10 |
VAIL RESORTS INC | MTN | 91879Q109 | COMMON STOCK | 243.0000 | 42,352.47 | .04 |
VEEVA SYSTEMS INC-CLASS A | VEEV | 922475108 | COMMON STOCK | 233.0000 | 48,899.71 | .05 |
VERIZON COMMUNICATIONS INC | VZ | 92343V104 | COMMON STOCK | 14,841.0000 | 666,509.31 | .68 |
VICI PROPERTIES INC | VICI | 925652109 | REIT - Real Estate Invesment Trust | 19,514.0000 | 650,011.34 | .67 |
VISA INC-CLASS A SHARES | V | 92826C839 | COMMON STOCK | 4,380.0000 | 1,204,281.00 | 1.24 |
VOYA FINANCIAL INC | VOYA | 929089100 | COMMON STOCK | 249.0000 | 19,725.78 | .02 |
WP CAREY INC | WPC | 92936U109 | REIT - Real Estate Invesment Trust | 2,986.0000 | 186,027.80 | .19 |
WALMART INC | WMT | 931142103 | COMMON STOCK | 11,892.0000 | 960,279.00 | .98 |
WATERS CORP | WAT | 941848103 | COMMON STOCK | 538.0000 | 193,620.82 | .20 |
WELLS FARGO & CO | WFC | 949746101 | COMMON STOCK | 9,852.0000 | 556,539.48 | .57 |
WILLIAMS-SONOMA INC | WSM | 969904101 | COMMON STOCK | 482.0000 | 74,671.44 | .08 |
WORKDAY INC-CLASS A | WDAY | 98138H101 | COMMON STOCK | 247.0000 | 60,369.27 | .06 |
XPO INC | XPO | 983793100 | COMMON STOCK | 283.0000 | 30,425.33 | .03 |
XCEL ENERGY INC | XEL | 98389B100 | COMMON STOCK | 5,435.0000 | 354,905.50 | .36 |
XYLEM INC | XYL | 98419M100 | COMMON STOCK | 1,686.0000 | 227,660.58 | .23 |
YUM CHINA HOLDINGS INC | YUMC | 98850P109 | COMMON STOCK | 485.0000 | 21,834.70 | .02 |
ZIMMER BIOMET HOLDINGS INC | ZBH | 98956P102 | COMMON STOCK | 1,555.0000 | 167,862.25 | .17 |
ZOOM VIDEO COMMUNICATIONS-A | ZM | 98980L101 | COMMON STOCK | 546.0000 | 38,078.04 | .04 |
CAPRI HOLDINGS LTD | CPRI | BJ1N1M9 | COMMON STOCK | 491.0000 | 20,838.04 | .02 |
P/O CBOE S P 500 C SEP 4375.00 | SPXW240930P04375000 | 34K99UFU1 | OPTIONS | -56.0000 | -280.00 | -.00 |
C/O CBOE S P 500 C SEP 5750.00 | SPXW240930C05750000 | 3IX99MY90 | OPTIONS | -28.0000 | -34,720.00 | -.04 |
P/O CBOE S P 500 C SEP 5195.00 | SPXW240930P05195000 | 3UX99Q489 | OPTIONS | 56.0000 | 280.00 | .00 |
P/O CBOE S P 500 C OCT 4425.00 | SPXW241031P04425000 | 3YI996U67 | OPTIONS | -56.0000 | -14,420.00 | -.01 |
P/O CBOE S P 500 C OCT 5250.00 | SPXW241031P05250000 | 3YI996VX7 | OPTIONS | 56.0000 | 61,320.00 | .06 |
C/O CBOE S P 500 C NOV 5900.00 | SPXW241129C05900000 | 421990UE0 | OPTIONS | -28.0000 | -221,340.00 | -.23 |
P/O CBOE S P 500 C NOV 4500.00 | SPXW241129P04500000 | 42299KLZ8 | OPTIONS | -55.0000 | -46,475.00 | -.05 |
C/O CBOE S P 500 C OCT 5830.00 | SPXW241031C05830000 | 43P99I212 | OPTIONS | -28.0000 | -151,480.00 | -.16 |
P/O CBOE S P 500 C NOV 5345.00 | SPXW241129P05345000 | 46399W3F6 | OPTIONS | 55.0000 | 225,500.00 | .23 |
Distributions
Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price |
---|---|---|---|---|---|---|
Destinations Shelter Fund | 10964R749 | Dividend | 0.013449 | 9/27/24 | 9/27/24 | 11.48 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.011672 | 6/27/24 | 6/27/24 | $11.02 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.004345 | 3/27/24 | 3/27/24 | $10.57 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.016655 | 12/28/23 | 12/28/23 | $9.85 |
Destinations Shelter Fund - Class Z | 10964R749 | Dividend | 0.011842 | 9/28/23 | 9/28/23 | $9.21 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.013896 | 6/29/23 | 6/29/23 | $9.34 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.00488 | 3/30/23 | 3/30/23 | $8.73 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.012107 | 12/29/22 | 12/29/22 | $8.44 |
Destinations Shelter Fund | 10964R749 | Short-Term Capital Gains | 0.008749 | 12/15/22 | 12/15/22 | $8.52 |
Destinations Shelter Fund | 10964R749 | Long-Term Capital Gains | 0.010866 | 12/15/22 | 12/15/22 | $8.52 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.008377 | 9/29/22 | 9/29/22 | $8.32 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.010973 | 6/29/22 | 6/29/22 | $8.66 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.0024 | 3/30/22 | 3/30/22 | $9.72 |
Destinations Shelter Fund | 10964R749 | Dividend | 0.009212 | 12/29/21 | 12/29/21 | $10.11 |
Fees and expenses
Type | Amount |
---|---|
Management Fees | 0.85% |
Distribution and Service (12b-1) Fees | None |
Other Expenses | 0.19% |
AFFE | None |
Total Annual Fund Operating Expenses | 1.04% |
Fee waivers and expense reimbursements | (0.06)%* |
Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 0.98% |
The Fund’s adviser, Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments (“the Adviser”), has contractually agreed to waive a portion of its management fee as necessary to keep the Fund’s management fee from exceeding 0.444% more than the total amount of sub-advisory fees paid by the Adviser. This fee waiver and reimbursement agreement shall remain in effect until June 30, 2025 and may be amended or terminated only with the consent of the Board of Trustees.
**Annual expenses have been restated based on estimated current expenses as of April 30, 2024 using the Fund’s assets as of April 30, 2024. Consequently, the Fund’s Total Annual Fund Operating Expenses will differ from the numbers shown in the Fund's financial statements (or the “Financial Highlights” section in the prospectus).
1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com
marketingmembers@brinkercapital.com
Mutual fund investing involves risk. The value of your investment in a Fund could go down. Multi-investment management styles may lead to overlapping securities transactions and higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisers and adviser and the allocation of assets amongst them, as well as market fluctuations and industry/economic trends etc.
Before investing you should consider the Destinations Funds’ investment objectives, risks, charges and expenses carefully. The prospectus contains this and other information about the Funds. You may obtain a copy of the prospectus by calling 1-877-771-7979. The prospectus should be read carefully before investing.
Any tax or legal information provided is not an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of their representatives may give legal or tax advice.
The Destinations Funds are distributed by Foreside Fund Services, LLC.