How to Investin $DXYZ

By using this website, you accept our Terms of Use and Privacy Policy. Destiny is available only to residents of the United States. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations.

The Fund is a non-diversified closed-end investment company registered under the Investment Company Act of 1940, as amended. There are risks inherent in any investment, including the possible loss of up to 100% of invested capital. There can be no assurance that fund objectives will be achieved. The Fund's NAV per share may differ from its market price. Closed-end funds frequently trade at a discount to their net asset value. There is no assurance that the Fund's shares will trade at, above, or consistently at any particular level relative to NAV.

Fund shares are not guaranteed or endorsed by any bank or other insured depository institution and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Shares of a non-diversified fund may rise and fall more than the value of shares of a fund that invests in a broader range of securities. Past performance is no guarantee of future results.

Certain investments held within the Fund are structured through Special Purpose Vehicles ("SPVs"). These SPVs are distinct legal entities established for specific investment purposes and may differ from the Fund's primary structure in terms of risk, governance, and fee arrangements.

Investors should be aware that the use of SPVs can introduce unique risks, including but not limited to:

• Structure and Complexity: SPVs may involve more complex legal and financial arrangements, which could impact the Fund's overall risk profile and the ability to liquidate or transfer holdings.
• Additional Fees: SPVs may impose their own fees and expenses, including management fees, performance fees, and other operating costs, which are separate from the Fund's standard fee structure. These fees can reduce the Fund's net returns.
• Concentration of Risk: Investments held through SPVs may be concentrated in specific assets or sectors, increasing the potential for volatility or losses due to adverse developments affecting those assets or sectors.
• Liquidity and Exit Risks: SPVs may have limited liquidity and may not be subject to the same redemption or exit terms as other investments in the Fund. As such, there may be additional challenges in realizing the value of these holdings.
• Regulatory and Compliance Risks: The regulatory environment governing SPVs may differ from that of the Fund, which could expose investors to additional compliance or legal risks, depending on the jurisdiction and the specific structure of the SPV.

Investors are encouraged to review the Fund's offering documents carefully and consult with their financial advisor to fully understand the implications of investing in SPVs and the associated risks and fees.

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing, which are fully described in the Fund's prospectus.

The content on this website is for informational purposes only and does not constitute a comprehensive description of Destiny's services.