Touchstone Investments(R) Launches New Large Cap Value Fund With John Schneider at the Helm
- John Schneider's Acclaimed Catalyst-Driven Process Again Available to Retail
Accounts -
CINCINNATI, March 9 /PRNewswire-FirstCall/ -- Touchstone Investments
announced today that it has launched the Touchstone Large Cap Value Fund
(Class A Shares: TLCAX, Class C Shares: TVCCX), and appointed JS (John
Schneider) Asset Management (JSAM) as the sub-advisor. John Schneider,
president and chief investment officer of Pennsylvania-based JSAM, who will
manage the Fund, has over 20 years of investment industry experience, and
brings with him impressive credentials, having previously managed
approximately $10 billion in combined assets of the PIMCO Value Fund and the
PIMCO Renaissance Fund. Touchstone will retain Schneider's catalyst-driven
approach, which has earned him much acclaim.
"We're pleased to partner with Touchstone to bring the Touchstone Large
Cap Value Fund to market," said Schneider. "Touchstone's distinct strategy of
using a sub-advised approach to portfolio management offers investors access
to funds that otherwise would not be available to them. As a result of
Touchstone's distribution channels, we're excited that opportunities to invest
in this Fund will not only be open to institutional investors, but to retail
investors as well."
The Touchstone Large Cap Value Fund invests in a focused portfolio of
about 40 stocks. The Fund seeks long-term growth of capital and income by
investing in stocks of companies that are believed to have below-average
valuations in light of their improving business fundamentals. A company is
selected for inclusion in the portfolio based on the presence of a catalyst
that could help increase the value of the stock over a long-term basis,
potentially rewarding investors over time.
"John Schneider is an experienced manager with a proven stock-selection
process," said Jim Grifo, president of Touchstone Advisors, Inc. "As a result
of our recent acquisition of the Constellation Funds Group, we're able to
offer his investing expertise to both retail and institutional investors, and
expand the range of funds in our current lineup, helping position Touchstone
for continued success."
Shares of Touchstone Large Cap Value Fund are available through
participating broker-dealers and financial planners.
About Touchstone Investments(R)
With more than $7.5 billion in assets under management, Touchstone
Investments, comprised of Touchstone Securities, Inc.(1) and Touchstone
Advisors, Inc.(2), provides a variety of mutual fund solutions across the
investment spectrum. Touchstone Investments is adept at identifying investment
professional needs, designing innovative products, and delivering a selection
of premier money managers who act in a sub-advisory capacity. Touchstone
Investments offers a disciplined approach with proven results focused on
consistent performance. The Touchstone Funds and Constellation Funds are
advised by Touchstone Advisors, a registered investment advisor, and are
distributed nationally through broker-dealers, financial planners and
financial institutions by Touchstone Securities, Inc., Cincinnati, Ohio.
Touchstone Advisors and Touchstone Securities are each a part of the Western &
Southern Financial Group(R), whose heritage dates to 1888 and whose assets
owned or under management now exceed $38 billion. Touchstone, Touchstone
Investments, and Touchstone Family of Funds are registered trademarks of
Western & Southern Financial Group. For more information please visit
http://www.touchstoneinvestments.com.
The Touchstone Large Cap Value Fund may invest in technology companies,
which can be more volatile than other sectors. Funds that invest in a limited
number of securities may involve greater risks and more price volatility than
funds that do not limit the number of securities in which they invest. The
Fund may use derivative instruments such as futures and options contracts for
hedging purposes or as part of its investment strategy. Use of these
instruments may involve certain costs and risks, including but not limited to,
loss to a portfolio of more than the principal amount invested in those
instruments.
An investor should carefully consider the investment objectives, risks,
charges and expenses found in the prospectus. For a prospectus containing
complete information about the Touchstone Large Cap Value Fund and a
performance fact sheet, contact your financial professional or Touchstone
Securities, Inc. at 800.638.8194. Please read the prospectus carefully before
investing or sending money.
(1) A registered broker-dealer and member NASD/SIPC
(2) A registered investment advisor
SOURCE Touchstone Investments
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