NexPoint and Highland – The Value of Experience

The Value Of Experience

NexPoint Real Estate Strategies Fund is a newly-organized, continuously offered, non-diversified, closed-end management investment company. The Fund operates as an interval fund, which is a type of closed-end fund, and is sponsored by NexPoint Advisors, L.P., an affiliate of Highland Capital Management, L.P. Highland is an institutional investment firm with approximately $10 billion in assets under management as of September 30, 2018, and one of the largest and most experienced global alternative credit and equity managers.

The Advisor’s management team has extensive real estate experience, having completed over $5.2 B of real estate transactions since 2014.

At the end of first quarter 2015, an affiliate of the Advisor completed a public listing of its $1B value-add multifamily portfolio under the ticker symbol “NXRT” on the New York Stock Exchange.

Before investing in the Fund, you should carefully consider the Fund’s investment objectives, risks, charges and expenses. For a copy of a prospectus which contains this and other information, please visit our website at www.nexpointres.com or call 1-877-665-1287. Please read the fund prospectus carefully before investing.

An investment in the Fund involves a considerable amount of risk. It is possible that you may lose money, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. Consequently, you can lose money by investing in the Fund. No assurance can be given that the Fund will achieve its investment objective, and investment results may vary substantially over time and from period to period. An investment in the Fund is suitable only for investors who can bear the risks associated with the limited liquidity of the shares and should be viewed as a long-term investment. Before making your investment decision, you should (i) consider the suitability of this investment with respect to your investment objectives and personal financial situation and (ii) consider factors such as your personal net worth, income, age, risk tolerance and liquidity needs. An investment in the Fund is not appropriate for all investors.

RISK FACTORS