Destra Next Dimension Fund (Prospectus Summary) | Destra Next Dimension Fund

Destra Next Dimension Fund

Investment Objective

The Fund's investment objective is to seek long-term capital appreciation.

Fees and Expenses of the Fund

This table describes the fees and expenses that you may pay if you buy
and hold shares of the Fund. For Class A shares, you may qualify for
sales charge discounts if you and your family invest, or agree to invest
in the future, at least $50,000 in the Fund or in other Destra mutual
funds. More information about these and other discounts, as well as
eligibility requirements for each share class, is available from your
financial professional and in "Shareholder Information" on page 15 of
the Fund's Prospectus and "Purchases" on page 27 of the Fund's Statement
of Additional Information.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees Destra Next Dimension Fund	Class A		Class C	Class P	Class I
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)	5.75%		none	none	none
Maximum Deferred Sales Charge (Load) (as a percentage of the lower of original purchase price or redemption proceeds)	none	[1]	1.00%	none	none
Maximum Sales Charge (Load) Imposed on Reinvested Dividends	none		none	none	none
Redemption Fee on shares held for 90 days or less (as a percentage of amount redeemed)	none		none	2.00%	2.00%
Exchange Fees	none		none	none	none

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses Destra Next Dimension Fund		Class A	Class C	Class P	Class I
Management Fees		0.90%	0.90%	0.90%	0.90%
Distribution and Service (12b-1) Fees		0.25%	1.00%	0.25%	none
Other Expenses	[1]	628.19%	0.66%	0.75%	22.63%
Total Annual Fund Operating Expenses		629.34%	2.56%	1.90%	23.53%
Fee Waiver	[2]	(627.63%)	(0.10%)	(0.10%)	(22.10%)
Total Annual Fund Operating Expenses After Fee Waiver		1.71%	2.46%	1.80%	1.43%

Example

This example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other mutual funds. The example
assumes that you invest $10,000 in the Fund for the time periods
indicated and then either redeem or do not redeem all of your shares at
the end of those periods. The example also assumes that your investment
has a 5% return each year and that the Fund's operating expenses remain
the same. Although your actual costs may be higher or lower, based on
these assumptions your costs would be:

Redeemed

Expense Example Destra Next Dimension Fund (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
Class A	749	1,114	1,503	2,594
Class C	249	766	1,310	2,796
Class P	183	566
Class I	146	452	781	1,713

Not Redeemed

Expense Example, No Redemption Destra Next Dimension Fund (USD $)	Expense Example, No Redemption, 1 Year	Expense Example, No Redemption, 3 Years	Expense Example, No Redemption, 5 Years	Expense Example, No Redemption, 10 Years
Class A	749	1,114	1,503	2,594
Class C	249	766	1,310	2,796
Class P	183	566
Class I	146	452	781	1,713

Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and
sells securities (or "turns over" its portfolio). A higher portfolio
turnover rate may indicate higher transaction costs and may result in
higher taxes when Fund shares are held in a taxable account. These costs,
which are not reflected in annual fund operating expenses or in the
example, affect the Fund's performance. During the most recent fiscal
period, the Fund's portfolio turnover rate was 52% of the average value
of its portfolio.

Principal Investment Strategies

Under normal market conditions, at least 80% of the Fund's net assets (plus the
amount of any borrowings for investment purposes) are invested in equity
securities of companies with market capitalizations at the time of investment
comparable to companies in the MSCI World Index. The MSCI World Index is a free
float-adjusted market capitalization weighted index that is designed to measure
the equity market performance of developed markets and consists of twenty-four
developed market country indices. At a minimum, the Fund will consist of at
least five countries and will have 40% of non-U.S. companies.  The Fund may
invest in all market capitalizations and its investments generally will include
common stocks, preferred stocks, securities convertible into U.S. common stocks,
U.S. dollar-denominated American Depositary Receipts and U.S. dollar-denominated
foreign stocks traded on U.S. exchanges.

The Fund's sub-adviser, Zebra Capital Management, LLC ("Zebra") seeks to capture
a liquidity premium among fundamentally strong, publicly-traded equities. This
liquidity premium or structural alpha exists in public equity markets, as more
liquid stocks tend to be priced at a premium, while less liquid stocks are
priced at a discount, thus having higher expected returns. Zebra targets stocks
with strong fundamentals (i.e. earnings, book value, cash flows) that trade less
than stocks with comparable fundamentals. Despite producing similar levels of
earnings and cash flows, these less liquid stocks can often be purchased at
lower prices, offering higher expected returns. Frequently, a fundamentally-
sound stock is less traded because it has temporarily fallen out of favor. Over
time, Zebra believes the market will recognize this stock again, and its price
will increase as its trading activity rises, allowing Zebra to capture its
liquidity premium and produce higher returns. Stocks are typically sold when
fundamentals deteriorate, trading activity increases relative to changes in a
stock's fundamentals, or Zebra believes there are greater opportunities to
capture liquidity premium in other stocks. There is no guarantee that the
perceived intrinsic value of any investment will be realized.

Principal Risks

Risk is inherent in all investing. The value of your investment in the Fund,
as well as the amount of return you receive on your investment, may fluctuate
significantly from day to day and over time. You may lose part or all of your
investment in the Fund or your investment may not perform as well as other
similar investments. The following is a summary description of certain risks
of investing in the Fund.

Equity Securities Risk - Stock markets are volatile. The price of equity
securities fluctuates based on changes in a company's financial condition and
overall market and economic conditions.

Smaller Company Risk-Market risk is generally greater for lower market
capitalization companies because they tend to have more limited product lines,
shorter operating histories, less experienced management and more limited
financial resources than larger companies. Stocks of smaller companies may be
less liquid than those of larger companies and may experience greater price
fluctuations. In addition, stocks of smaller companies may not be widely
followed by the investment community, resulting in less demand.

Foreign Investment Risk-Because the Fund can invest its assets in dollar-
denominated foreign instruments, the value of Fund shares can be adversely
affected because such securities are subject to higher volatility than
securities of domestic issuers due to possible adverse political, social
or economic developments; restrictions on foreign investment or exchange of
securities; lack of liquidity; excessive taxation; government seizure of
assets; different legal or accounting standards; and less government
supervision and regulation of exchanges in foreign countries.

Depositary Receipts Risk-Depositary receipts may be less liquid than the
underlying shares in their primary trading market. Any distributions paid to
the holders of depositary receipts are usually subject to a fee charged by the
depositary. Holders of depositary receipts may have limited voting rights, and
investment restrictions in certain countries may adversely impact the value of
depositary receipts because such restrictions may limit the ability to convert
equity shares into depositary receipts and vice versa. Such restrictions may
cause equity shares of the underlying issuer to trade at a discount or premium
to the market price of the depositary receipts.
  
Currency Risk-Even though the non-U.S. securities held by the fund are traded
in U.S. dollars, their prices are indirectly influenced by currency fluctuations.

Market Risk and Selection Risk - Market risk is the risk that one or more
markets in which the Fund invests will go down in value, including the
possibility that the markets will go down sharply and unpredictably. Selection
risk is the risk that the securities selected by Fund management will under-
perform the markets, the relevant indices or the securities selected by
other funds with similar investment objectives and investment strategies. This
means you may lose money.

Value Stocks Risk-Value stocks are subject to the risk that their intrinsic
value may never be realized by the market or that their prices may go
down. While the Fund's investments in value stocks may limit its downside
risk over time, the Fund may produce more modest gains than riskier stock
funds as a trade-off for this potentially lower risk.

Risks Associated with Active Management-The Fund is an actively managed
portfolio and its success depends upon the investment skills and analytical
abilities of the Fund's sub-adviser to develop and effectively implement
strategies that achieve the Fund's investment objective. Subjective decisions
made by the investment sub-adviser may cause the Fund to incur losses or
to miss profit opportunities on which it may otherwise have capitalized.

General Fund Investing Risks-The Fund is not a complete investment program and
you may lose money by investing in the Fund. All investments carry a certain
amount of risk and there is no guarantee that the Fund will be able to achieve
its investment objective. In general, the Annual Fund Operating Expenses
expressed as a percentage of the Fund's average daily net assets will change
as Fund assets increase and decrease, and the Fund's Annual Fund Operating
Expenses may differ in the future. Purchase and redemption activities by Fund
shareholders may impact the management of the Fund and its ability to achieve
its objective. Investors in the Fund should have long-term investment
perspective and be able to tolerate potentially sharp declines in value. An
investment in the Fund is not a deposit in a bank and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency, entity or person.

Fund Performance

The following bar chart and table provide some indication of the potential
risks of investing in the fund. The fund's past performance (before and after
taxes) is not necessarily an indication of how the fund will perform in the
future. Updated performance information is available at www.destracapital.com
or by calling 877-287-9646.

The bar chart below shows the fund's performance for Class A shares. The
performance of the other share classes will differ due to their different
expense structures. The bar chart and highest/lowest quarterly returns that
follow do not reflect sales charges, and if these charges were reflected, the
returns would be less than those shown.

Calendar Year Total Returns as of 12/31

During the one-year period ended December 31, 2011, the fund's highest and
lowest quarterly returns were 5.94% and -16.01%, respectively, for the
quarters ended March 31, 2011 and September 30, 2011.

The table below shows the variability of the fund's average annual returns by
showing the fund's performance and how they compare over the time periods
indicated with those of a broad measure of market performance. All after-tax
returns are calculated using the historical highest individual federal marginal
income tax rates and do not reflect the impact of state and local taxes. After
-tax returns are shown for Class A shares only; after-tax returns for other
share classes will vary. Actual after-tax returns depend on an investor's tax
situation and may differ from those shown. After-tax returns shown are not
relevant to investors who hold their fund shares through tax-deferred
arrangements, such as 401(k) plans or individual retirement accounts. Class C
and Class P shares have been in existence for less than one calendar year, and
therefore, the table below does not have returns for such share classes.

Performance reflects fee waivers, if any, in effect during the periods
presented. If any such waivers were not in place, returns would be reduced.

Average Annual Total Returns (For the periods ended December 31, 2011)

Average Annual Total Returns Destra Next Dimension Fund	Average Annual Returns, Label	Average Annual Returns, 1 Year	Average Annual Returns, Since Inception	Average Annual Returns, Inception Date
Class A	Class A (return before taxes)	(11.31%)	(11.44%)	Dec. 31, 2010
Class A After Taxes on Distributions	Class A (return after taxes on distributions)	(11.80%)	(11.93%)	Dec. 30, 2010
Class A After Taxes on Distributions and Sales	Class A (return after taxes on distributions and sale of fund shares)	(7.36%)	(10.01%)	Dec. 30, 2010
Class I	Class I (return before taxes)	(5.66%)	(5.77%)	Dec. 30, 2010
MSCI World Index	MSCI World Index (reflects no deduction for fees, expenses or taxes)	(9.41%)	(9.15%)	Dec. 30, 2010

[1] A contingent deferred sales charge of 1.00% may apply to Class A shares purchased without an initial sales charge if redeemed within 12 months of purchase.

[1] Class C shares commenced operations on November 1, 2011, and Class P shares have not yet commenced operations. Other Expenses for Class C and Class P shares are based on estimated amounts for the Fund's current fiscal year. Other Expenses may include acquired fund fees, which were not included as fund expenses in the annual report.

[2] The Adviser has agreed to cap expenses such that the total annual fund operating expenses, excluding brokerage commissions and other trading expenses, taxes, acquired fund fees and other extraordinary expenses (such as litigation and other expenses not incurred in the ordinary course of business) at 1.70% for Class A, 2.45% for Class C, 1.80% for Class P and 1.42% for Class I. This waiver will continue in effect until February 1, 2022. The waiver may be terminated or modified prior to February 1, 2022 only with the approval of the Board of Trustees of the Trust.