0001752724-21-089728.txt : 20210506 0001752724-21-089728.hdr.sgml : 20210506 20210506125909 ACCESSION NUMBER: 0001752724-21-089728 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210228 FILED AS OF DATE: 20210506 DATE AS OF CHANGE: 20210506 EFFECTIVENESS DATE: 20210506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Brinker Capital Destinations Trust CENTRAL INDEX KEY: 0001688680 IRS NUMBER: 816867493 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23207 FILM NUMBER: 21896841 BUSINESS ADDRESS: STREET 1: 1055 WESTLAKES DRIVE, SUITE 250 CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: (610) 407-8348 MAIL ADDRESS: STREET 1: 1055 WESTLAKES DRIVE, SUITE 250 CITY: BERWYN STATE: PA ZIP: 19312 0001688680 S000056100 Destinations Large Cap Equity Fund C000176692 Class I DLCFX C000202452 Class Z DLCZX 0001688680 S000056101 Destinations Multi Strategy Alternatives Fund C000176693 Class I DMSFX C000202453 Class Z DMSZX 0001688680 S000056102 Destinations Small-Mid Cap Equity Fund C000176694 Class I DSMFX C000202454 Class Z DSMZX 0001688680 S000056103 Destinations International Equity Fund C000176695 Class I DIEFX C000202455 Class Z DIEZX 0001688680 S000056104 Destinations Equity Income Fund C000176696 Class I DGEFX C000202456 Class Z DGEZX 0001688680 S000056105 Destinations Real Assets Fund C000176697 Class I DRAFX C000202457 Class Z DRAZX 0001688680 S000056106 Destinations Core Fixed Income Fund C000176698 Class I DCFFX C000202458 Class Z DCFZX 0001688680 S000056107 Destinations Low Duration Fixed Income Fund C000176699 Class I DLDFX C000202459 Class Z DLDZX 0001688680 S000056108 Destinations Global Fixed Income Opportunities Fund C000176700 Class I DGFFX C000202460 Class Z DGFZX 0001688680 S000056109 Destinations Municipal Fixed Income Fund C000176701 Class I DMFFX C000202461 Class Z DMFZX 0001688680 S000071226 Destinations Shelter Fund C000226066 Class I C000226067 Class Z N-CEN 1 primary_doc.xml X0303 N-CEN LIVE 0001688680 XXXXXXXX 811-23207 true false false N-1A true Brinker Capital Destinations Trust 811-23207 0001688680 549300X40Y9W6WTS8B82 1055 WESTLAKES DRIVE SUITE 250 BERWYN 19312-2424 US-PA US 610-407-5500 Brown Brothers Harriman & Co 50 Post Office Square Boston 02110-1548 617-772-1818 Books and records N N N N-1A 9 Y Nicholas Marsini, Jr. N/A N Ellyn L.Brown N/A N J. 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LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 90047763.51 Jefferies LLC 008-15074 000002347 58PU97L1C0WSRCWADL48 21190759.88 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 68041047.95000000 Wells Fargo Securities LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 72126740.65000000 J Alexander Securities Inc. 008-23204 000007809 N/A 20427209.59 623345220.81000000 N 878265959.73000000 N N N N false false true false false false INTERNAL CONTROL RPT 2 2.28_Brinker_N-CEN.txt AUDITOR'S LETTER REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees of Brinker Capital Destinations Trust and the Shareholders of Destinations Large Cap Equity Fund, Destinations Small-Mid Cap Equity Fund, Destinations International Equity Fund, Destinations Equity Income Fund, Destinations Core Fixed Income Fund, Destinations Low Duration Fixed Income Fund, Destinations Global Fixed Income Opportunities Fund, Destinations Municipal Fixed Income Fund, and Destinations Multi Strategy Alternatives Fund In planning and performing our audits of the financial statements of Destinations Large Cap Equity Fund, Destinations Small-Mid Cap Equity Fund, Destinations International Equity Fund, Destinations Equity Income Fund, Destinations Core Fixed Income Fund, Destinations Low Duration Fixed Income Fund, Destinations Global Fixed Income Opportunities Fund, Destinations Municipal Fixed Income Fund, and Destinations Multi Strategy Alternatives Fund, each a series of shares of beneficial interest in Brinker Capital Destinations Trust (the "Funds"), as of February 28, 2021, and for the year then ended, in accordance with the standards of the Public Company Accounting Oversight Board (United States) ("PCAOB"), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion. The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America ("GAAP"). A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of the financial statements in accordance with GAAP, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and trustees of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements. Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Funds' annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness, as defined above, as of February 28, 2021. This report is intended solely for the information and use of management and the shareholders of Destinations Large Cap Equity Fund, Destinations Small-Mid Cap Equity Fund, Destinations International Equity Fund, Destinations Equity Income Fund, Destinations Core Fixed Income Fund, Destinations Low Duration Fixed Income Fund, Destinations Global Fixed Income Opportunities Fund, Destinations Municipal Fixed Income Fund, and Destinations Multi Strategy Alternatives Fund, the Board of Trustees of Brinker Capital Destinations Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ BBD, LLP Philadelphia, Pennsylvania April 29, 2021