Touchstone will be updating the model allocation to incorporate exchange-traded funds (ETFs), which will replace certain legacy mutual fund positions.
The revised model will include a combination of mutual funds and ETFs, offering enhanced tax efficiency and a lower overall portfolio expense ratio. The new model has a weighted expense ratio of 63 BPS vs. the legacy model at 74 BPS.
Please see below for the legacy and new model allocations:
Touchstone will continue to manage the legacy model for non-qualified accounts. Qualified accounts will be converted to the new model on April 24th-25th. All new accounts will be opened under the new model allocations.
Touchstone Resources:
If you have any questions, please call ESI Business Development at 800-344-7437.
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