Touchstone US Large Cap Focused ETF (LCF) is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in U.S.-listed large capitalization equity securities with market capitalizations above $5 billion at the time of purchase; it emphasizes companies exhibiting reasonable valuations, pricing power, and distinctive barriers to entry or long-term competitive moats. The fund maintains a concentrated portfolio of approximately 47 holdings, with heavy sector allocations to information technology (33.4%), communication services (16.8%), and financials (15.2%) as of September 30, 2025, benchmarked against the S&P 500 Index and featuring a net expense ratio of 0.56%. Launched on July 27, 2022, and listed on Cboe BZX, LCF is issued by Touchstone ETF Trust, a series of which Touchstone Investments serves as adviser, with sub-advisory provided by Fort Washington Investment Advisors, Inc. (FWIA), a member of the Western & Southern Financial Group family headquartered in Cincinnati, Ohio.
In recent developments, Touchstone Investments has accelerated its ETF expansion, launching three new actively managed ETFs in the first quarter of 2025--Touchstone Sands Capital US Select Growth ETF (TSEL), Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX), and Touchstone International Equity ETF (TLCI)--while celebrating the three-year anniversary of LCF alongside siblings DVND, TUSI, and SIO, surpassing $250 million in ETF sales by mid-2025. The firm has strengthened its leadership with new RIA channel executives and filed to convert its Touchstone Large Company Growth mutual fund into an ETF expected in early 2026, alongside hiring Los Angeles Capital Management for international strategies. LCF itself continues under lead portfolio manager James E. Wilhelm, Jr., and co-manager Sunit Gogia (joined October 2024), delivering strong category performance through its conviction-weighted approach amid total fund net assets of $52.7 million as of September 30, 2025. The ETF targets institutional and individual investors seeking large blend U.S. equity exposure via intermediaries such as broker-dealers and registered investment advisors, with distributions paid annually and shares available primarily in the United States.