Touchstone Merger Arbitrage Fund

U.S. News evaluated 47 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.21 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -0.2%
1 Year 3.2%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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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.

Fees

Fees are Low compared to funds in the same category.
Touchstone Merger Arbitrage Fund has an expense ratio of 2.27 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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Market Neutrals

Highest Returns (10-year)

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