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
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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