Consistent personnel turnover lowers our conviction in Touchstone Mid Cap Growth’s team. The strategy’s Morningstar Analyst Ratings falls to Bronze from Silver for its cheapest share classes. Its more-expensive shares fall to Neutral from Bronze.
Touchstone Mid Cap Growth Inst TEGIX
NAV / 1-Day Return
32.63
/
0.55
%
Total Assets
1.2 Bil
Adj. Expense Ratio
0.880%
Expense Ratio
0.880%
Fee Level
Average
Longest Manager Tenure
23.34
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
500,000
Status
Open
TTM Yield
0.00%
Turnover
60%
Morningstar’s Analysis
Will TEGIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TEGIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TEGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TEGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Team turnover leads to a downgrade.
