Destinations International Equity Fund

Brinker Capital Destinations Trust · 2 share classes

Actively managed developed international equity fund
One fund, 2 share classes:DIEFXDIEZX
$2.13B NAV
1,710 positions · as of 2026-05-31 · filed 2026-07-20

Fund classification

Classified from what the fund holds · as of 2026 Q2

Destinations International Equity Fund is an actively managed developed international equity fund.

Asset class
Equity
Region
Developed international
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

Long term capital appreciation.

Strategy · summarised

The fund allocates its assets among multiple sub-advisers, each managing a portion of the portfolio with different investment approaches ranging from concentrated geographic or sector positions to broadly diversified holdings across capitalization levels. At least 40% of assets are invested in securities of companies tied economically to at least three countries outside the U.S., with the remainder in foreign equities of any market capitalization. Sub-advisers employ various strategies including currency management and derivatives for hedging and other purposes, and the fund may buy and sell securities frequently to capitalize on opportunities or manage risk.

Expenses
0.92% 1.07%across 2 share classes
Share classGrossNet
DIEFX1.29%1.07%
DIEZX1.14%0.92%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 54.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.22%
of net assets
Stocks96.32%
Cash & short-term1.97%
Real assets0.70%
Derivatives0.23%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 87 new73 exited

Largest new: ISHARES GLOBAL TECH ETF, ROCHE HOLDING AG /CHF, FHLMC D/N 06/01/26, F/C MSCI EAFE JUN26, WPG HOLDINGS LTD /TWD, THAI OIL PCL-FOREIGN /THB, WINBOND ELECTRONICS CORP /TWD, STRATHCONA RESOURCES LTD /CAD

Largest exited: ROCHE HOLDING AG-GENUSSC /CHF, FHLB D/N 03/02/26, ARKEMA /EUR, F/C MSCI EAFE MAR26, SUPREME ELECTRONICS CO L /TWD, YANGZIJIANG SHIPBUILDING /SGD, EASYJET PLC /GBP, KUAISHOU TECHNOLOGY /HKD

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+32.18%+56.48%+32.76%15.99%-10.83%
+32.40%+57.10%+33.76%16.01%-10.83%

These classes hold the same portfolio, so the 1.00pp spread over 5 years is the cost difference between them — roughly 0.20pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
Avg maturity
Flagged holdings
Defaulted: not reported
In arrears: not reported
Paid in kind: not reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.

Interest-rate duration
-0.00 yr
gains value when rates rise
Credit-spread duration
0.00 yr
approx. move per 100bp
Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+0.00
yrs total
Investment grade+0.00 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Credit spread0.00 yr total
3 mo
3 mo0.00 yr100%
Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo-0.00+0.00+0.00$6$0
1 yr+0.00+0.00+0.00$0$0
5 yr+0.00+0.00+0.00$0$0
10 yr+0.00+0.00+0.00$0$0
30 yr+0.00+0.00+0.00$0$0

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Rate exposure by currency

Duration contribution in years, summing to the fund's -0.00 yr.

USD-0.00 yr
AED+0.00 yr
AUD+0.00 yr
BRL+0.00 yr
CAD+0.00 yr
CHF+0.00 yr
27 others+0.00 yr

This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
TAIWAN SEMICONDUCTOR MAN /TWDTSMWF3.33%$71.04M
ISHARES GLOBAL TECH ETF2.85%$60.72M
ISHARES CORE MSCI EMERGING2.60%$55.40M
SAMSUNG ELECTRONICS CO L /KRWSSNLF2.18%$46.53M
AVANTIS EMERGING MARKETS EQ2.09%$44.64M
ISHARES MSCI EAFE VALUE ETF1.81%$38.52M
SK HYNIX INC /KRW1.79%$38.13M
Federated Investors, Inc.1.61%$34.43M
ASML HOLDING NV /EURASMLF1.04%$22.24M
MURATA MANUFACTURING CO /JPYMRAAF0.81%$17.28M
Showing 10 of 1,710Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 20.12% of net assets, top 25 29.11%, across 1.7K issuers.

See more of this fund's book

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