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Touchstone Merger Arbitrage Instl (TMGLX)

10.62 0.00(0.00%) Jul 21

Profile as of Jun 29, 2014Get Profile for:
Touchstone Merger Arbitrage Instl
Touchstone Funds Group Trust303 Broadway, Suite 1100Cincinnati, OH 45202
Phone: 800-543-0407
Fund Overview 
Category:Market Neutral
Fund Family:Touchstone
Net Assets:551.80M
Year-to-Date Return:-1.57%
Morningstar Rating:N/A
Fund Inception Date:Aug 9, 2011
Morningstar Style Box 
Market Neutral
[View Category Definition]
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About the Morningstar Style Box
Management Information 
John E. Villela
Lead Manager since Aug 9, 2011
John E. Villela, CFA, Principal, Portfolio Manager, and Senior Analyst, has over 15 years of investment industry experience. Prior to joining Longfellow in 2005, Mr. Villela was a portfolio analyst at State Street Research & Management Company from 2003 to 2005, where he focused on credit assets and short/intermediate duration accounts. From 1999 to 2003, Mr. Villela was a trader at Standish Mellon Asset Management, specializing in credit, asset backed securities, and government and fixed income derivatives.
Investment Information 
Min Initial Investment:500,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
TMGLX can be purchased from 23 brokerages.

Fund Summary 
The investment seeks to achieve positive absolute returns regardless of market conditions over the long-term. The fund primarily invests, under normal market conditions, in equity securities of U.S. and foreign issuers. It primarily buys securities of companies being acquired (the "target company") in publicly announced transactions where the terms of the transaction have been largely defined and disclosed. The weighted average maturity of the fund's fixed income investments will normally range from 3 to 7 years. The fund is non-diversified.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 11, 2013) : 0.00
Annual Holdings Turnover (Jul 20, 2014) : 288.00%
Average for Category:203.09%
Fees & Expenses 
ExpenseTMGLXCategory Avg
Annual Report Expense Ratio (net):1.91%1.98%
Prospectus Net Expense Ratio:1.29%N/A
Prospectus Gross Expense Ratio:1.93%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.16%
Max Deferred Sales Load: N/A1.62%
3 Yr Expense Projection*:6051,161
5 Yr Expense Projection*:1,0411,986
10 Yr Expense Projection*:2,2533,948
* Per $10,000 invested