• FirefoxUpgrade to the new Firefox »
  •  Dow Up0.13% Nasdaq Up0.70%

    Touchstone Arbitrage A (TMARX)

    9.90 0.00(0.00%) Dec 26

    Profile as of Nov 29, 2014Get Profile for:
    Touchstone Arbitrage A
    Touchstone Funds Group Trust303 Broadway, Suite 1100Cincinnati, OH 45202
    Map
    Phone: 800-543-0407
    Fund Overview 
    Category:Market Neutral
    Fund Family:Touchstone
    Net Assets:191.13M
    Year-to-Date Return:-2.09%
    Yield:0.00%
    Morningstar Rating:N/A
    Fund Inception Date:Sep 30, 2013
    Morningstar Style Box 
    Market Neutral
    [View Category Definition]
    View Top Market Neutral Funds
    About the Morningstar Style Box
    Management Information 
    David C. Stuehr
    Lead Manager since Sep 30, 2013
    David C. Stuehr, CFA, Principal, Portfolio Manager and Senior Analyst: Mr. Stuehr is a Portfolio Manager and Senior Analyst with over 25 years of investment experience. From 2005-2009, David was a portfolio manager and analyst at Hanover Strategic Management. Prior to that, he served as a Portfolio Manager at Seneca Capital Management. At Seneca Capital, David was responsible for the firm’s high yield investment portfolio and served as the lead manager on the Pacific View Fund, LLC – a corporate bond-oriented hedge fund from its inception in 2002 through 2004. David also has significant experience in managing fixed income portfolios for an array of clients including high net worth individuals and insurance companies. Prior to joining Seneca, David was a Partner with Standish, Ayer & Wood. During his 12 years at the firm, he served as a Portfolio Manager and Director of Corporate Bond Research – leading a 10 member analyst team. Mr. Stuehr received his MS in Finance from Boston College and MA in Economics from Bowling Green University. He also received his BS in Business Administration from Bowling Green University. David is a CFA charterholder, a member of the Boston Securities Analysts Society, and a member of the CFA Institute.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:100
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:50
    Min Subsequent Investment, AIP:50
    TMARX can be purchased from 22 brokerages.

    Fund Summary 
    The investment seeks to achieve positive absolute returns over the long-term regardless of market conditions. The fund primarily invests, under normal market conditions, in equity securities of U.S. and foreign issuers. Equity securities include common stock, and preferred stock. The fund's sub-advisor, Longfellow Investment Management Co. ("Longfellow" or "Sub-Advisor"), seeks to purchase securities of companies that are involved in publicly announced mergers, takeovers, tender offers, debt restructurings, minority purchases, leveraged buyouts, spin-offs, liquidations, and other corporate reorganizations. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Dec 26, 2013) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 23, 2014) : 293.00%
    Average for Category:329.81%
    Fees & Expenses 
    ExpenseTMARXCategory Avg
    Annual Report Expense Ratio (net):1.67%1.87%
    Prospectus Net Expense Ratio:1.64%N/A
    Prospectus Gross Expense Ratio:1.95%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%5.13%
    Max Deferred Sales Load: N/A1.66%
    3 Yr Expense Projection*:1,1521,168
    5 Yr Expense Projection*:N/A1,958
    10 Yr Expense Projection*:N/A3,751
    * Per $10,000 invested