Touchstone International Equity ETF (TLCI)
ARCA ARCA Primary Summary
TLCI Chart
New Touchstone ETF Targets International Equities
Touchstone Investments today announced the launch of the Touchstone International Equity ETF (TLCI) on NYSE Arca. The fund, sub-advised by The London Company, aims to capture growth in international markets while providing long-term capital appreciation.
Touchstone International Equity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SMM Stephen Michael Mangold Tectonic Advisors LLC | 1.57M | $41.5M | $41.41M | -$90,449.01 | -0.22% |
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Touchstone International Equity ETF Profile
| ARCA Exchange | US Country |
Overview
TLCI focuses on investing in large-cap equity securities, specifically targeting non-US companies. The investment strategy involves a meticulous bottom-up approach, which allows the selection of a curated portfolio comprising 25 to 40 diverse and financially sound businesses. The emphasis is placed on identifying companies that exhibit high cash returns on tangible capital, possess strong balance sheets, and demonstrate a management team dedicated to aligning with shareholder interests. With the potential for allocating up to 10% of assets into emerging markets, TLCI opens additional avenues for growth while maintaining a balanced investment approach. Notably, the fund does not have a specific sector focus, although it may highlight certain sectors that appear to offer higher potential returns, adapting to market dynamics over time. The typical holding period for investments is approximately five years, with a strategy aimed at minimizing transaction costs and tax implications. Ultimately, TLCI strives for long-term capital appreciation by seeking undervalued companies that show promising growth prospects, with sales executed when overvaluation is recognized, fundamental indicators weaken, or when more attractive opportunities become available.
Products and Services
- Large-Cap Equity Securities Investment: TLCI predominantly invests in large-cap equity securities from non-US companies, ensuring a diversified portfolio by selecting companies across various sectors that demonstrate financial stability and robust management.
- Emerging Markets Exposure: With the option to invest up to 10% of assets in emerging markets, TLCI provides clients with access to segments showing high growth potential, enhancing the overall growth profile of the fund.
- Bottom-Up Investment Strategy: Employing a bottom-up approach enables TLCI to focus on the fundamental strengths of individual companies rather than broader market trends, ensuring that investments are grounded in sound financial and operational performance.
- Long-Term Capital Appreciation Focus: TLCI is committed to achieving long-term capital growth by identifying and investing in undervalued companies with strong growth prospects, aligning with the strategic objectives of maintaining a longer holding period.
- Portfolio Management: The investment team at TLCI continuously monitor the portfolio, making necessary sales when identifying signs of overvaluation, declining fundamentals, or more favorable investment opportunities, ensuring the fund remains well-positioned in changing market conditions.
- Sector Flexibility: While the fund does not concentrate on specific sectors, it maintains the flexibility to place emphasis on sectors or industries deemed to have higher potential returns, adapting its strategy to market environments as needed.
