Touchstone Investments is closing its Touchstone Sands Capital Institutional Growth Fund to new investors. The fund managed some $2.6 billion as of March 8.
According to a regulatory
The Sands Capital Institutional Growth Fund bets on U.S. companies with above-average potential for revenue and earnings growth. It was launched in January 2005 and is managed by Frank Sands. It has an expense ratio of 79 basis points and is up 7.24% year-to-date through March 8, according to Bloomberg.