 The
LCF ETF, or the Touchstone US Large Cap Focused ETF, is an
exchange-traded fund that seeks to track the performance of the
Touchstone Large Cap Focused Index. The index is designed to provide
exposure to US large-cap stocks while maintaining a relatively
concentrated portfolio of approximately 20-30 stocks.
As of the
most recent report, the fund had total assets under management of
approximately $7 million and an expense ratio of 0.50%. The fund's top
holdings included companies such as Apple Inc., Microsoft Corporation,
Amazon.com Inc., and Alphabet Inc., among others. The fund's portfolio
is relatively concentrated, with its top 10 holdings representing
approximately 56% of the total portfolio.
In terms of
performance, the LCF ETF has had mixed performance since its inception
in September 2019. As of the end of 2021, the fund had a year-to-date
return of approximately 17.4%, a one-year return of approximately
28.3%, and a three-year average annual return of approximately 20.9%.
The LCF ETF offers investors exposure to a relatively concentrated
portfolio of US large-cap stocks that are selected based on a
proprietary rules-based methodology. The fund's focus on large-cap
stocks may appeal to investors who seek a relatively low-risk approach
to investing in equities. However, investors should be aware of the
risks associated with investing in a concentrated portfolio, which may
result in greater volatility compared to more diversified ETFs.
Additionally, the fund's relatively high expense ratio may make it
less attractive to some investors compared to passive index funds with
lower fees.
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