Touchstone Investments Expands Institutional Business Strategy
Adds Team Member, Share Classes, Revised Fee Structure to Funds
Mr. Palm will now partner with Vice Presidents
Mr. Palm joined Touchstone in 2007 and has thirteen years of financial services experience. He was previously employed by Riversource Investments, RBC Capital Markets, American Express Financial Advisors, and
In addition, Touchstone has enhanced its product line to include:
- A New Institutional Share Class. As of 2/2/09, Institutional shares are available through the Touchstone Mid Cap Fund and Touchstone Growth Opportunities Fund. The share class features a minimum initial investment of
- New Share Classes and Lower Total Expense Ratios on Touchstone Growth Opportunities Fund. As of 2/2/09, Institutional and Y share classes are available through the Touchstone Growth Opportunities Fund. In addition, the expense ratios on the Fund's A and C share classes have been reduced. The Fund, sub-advised by Westfield Capital Management, seeks long-term capital appreciation by utilizing an all-cap growth strategy.
- Y Share Class Now Available On Nine Touchstone Funds With Lower Minimum Initial Investment Requirements. As of 2/2/09, Y share classes are available through nine Touchstone mutual funds. In addition, the minimum initial investment has been reduced. Touchstone's Y share class is a no-load, no-service fee investment option for use in fee-based platforms and retirement plans.
"We are very committed to providing quality investment solutions to the institutional market," comments Touchstone President
About Touchstone Investments
Touchstone Investments is a mutual fund company committed to providing access to institutional money managers who act in a sub-advisory capacity through a variety of strategically focused mutual funds across styles and asset classes. While its sub-advisors are held to strict performance standards, they work with a large measure of independence and operate within their own demonstrated areas of expertise. Touchstone regularly reviews fund results including investment returns, investment style adherence and competitive positioning, and continually monitors its funds in what it believes to be the best interest of shareholders. Touchstone Funds are offered nationally through intermediaries including broker-dealers, financial planners, registered investment advisors and institutions by Touchstone Securities, Inc. For more information please call 1.866.610.6673 or visit www.touchstoneinvestments.com
An investor should carefully consider the investment objectives, risks, charges and expenses found in the prospectus. For a prospectus containing more complete information about Touchstone Funds, contact your financial professional or Touchstone at 866.610.6673. Please read the prospectus carefully before investing or sending money. For performance data current to the most recent month-end, visit www.touchstoneinvestments.com.
SOURCE Touchstone Investments