Mutual funds are subject to risks and fluctuate in value.
The fund commenced operations on March 16, 2009, when the fund became the successor to a common fund that was organized as a Delaware limited liability company and only available to accredited investors. On August 28, 2009, the Touchstone Value Opportunities Fund, a portfolio of Touchstone Group Trust, (the “Touchstone Value Fund”) was reorganized into the fund. As a result of the reorganization, the Touchstone Value Fund became the accounting survivor. Accordingly, the performance information prior to August 28, 2009, is historical information of the Class A Shares of the Touchstone Value Fund adjusted to reflect the expenses of the Class R Shares. The Touchstone Value Fund was managed by Touchstone Advisors, Inc., and had similar investment objectives, strategies and investment policies as the fund.
Value stocks tend to have higher dividends and thus have a higher income-related component in their total return than growth stocks. Value stocks also may lag growth stocks in performance at times, particularly in late stages of a market advance.
Past performance is no guarantee of future results.
Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.
"Category" product classifications noted at the top are Federated's internal classifications.
Federated Securities Corp., Distributor
|Not FDIC Insured
||May Lose Value
||No Bank Guarantee