Touchstone Merger Arbitrage Y (TMGYX)
* As of 30-Jun-14
Quotes delayed, except where indicated otherwise. Currency in USD.
|Morningstar Overall Rating:||N/A|
|Annual Report Expense Ratio (net):||2.01%|
Performance & Risk
|5y Avg Return:||N/A|
|Rank in Category (ytd):||80|
|% Rank in Category (ytd):||42.11%|
|Morningstar Risk Rating:|
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. View More