|
Class
A |
Class
C |
Class
Y |
Institutional
Class |
Class
R6 |
Touchstone
Anti-Benchmark®
US Core Equity Fund |
TDEAX |
TDECX |
TDEYX |
TDELX |
|
Touchstone
Dynamic Allocation Fund |
TSMAX |
TSMCX |
TSMYX |
|
|
Touchstone
Sands Capital International Growth Fund |
|
|
TCDYX |
TCDIX |
TCDRX |
|
Class
A |
Class
C |
Class
Y |
Institutional
Class |
|
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of
offering
price) |
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of original purchase
price
or the amount redeemed, whichever is less) |
|
|
|
|
Wire
Redemption Fee |
|
|
|
|
| ||||
|
|
|
|
|
Management
Fees |
|
|
|
|
Distribution
and/or Shareholder Service (12b-1) Fees |
|
|
|
|
Other
Expenses |
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
Fee
Waiver and/or Expense Reimbursement(1)
|
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(1)
|
|
|
|
|
|
|
| |||
|
Class
A |
Class
C |
Class
Y |
Institutional
Class |
Class
C |
1
Year |
$ |
$ |
$ |
$ |
$ |
3
Years |
$ |
$ |
$ |
$ |
$ |
5
Years |
$ |
$ |
$ |
$ |
$ |
10
Years |
$ |
$ |
$ |
$ |
$ |
| ||
|
|
|
|
|
|
|
|
Since
Inception |
|
1
Year |
|
Touchstone
Anti-Benchmark®
US Core Equity Fund - Class Y |
|
|
Return
Before Taxes |
( |
|
Return
After Taxes on Distributions |
(14.51)% |
5.01% |
Return
After Taxes on Distributions and Sale of Fund Shares |
( |
|
Touchstone
Anti-Benchmark®
US Core Equity Fund - Class A |
|
|
Return
Before Taxes |
( |
|
Touchstone
Anti-Benchmark®
US Core Equity Fund - Class C |
|
|
Return
Before Taxes |
( |
|
Touchstone
Anti-Benchmark®
US Core Equity Fund - Institutional Class |
|
|
Return
Before Taxes |
(8.96)% |
7.36% |
Russell
1000®
Index (reflects
no deduction for fees, expenses or taxes) |
(19.13)% |
10.22% |
Sub-Adviser |
Portfolio
Managers |
Investment
Experience
with
the Fund and the
Predecessor
Fund |
Primary
Title with
Sub-Adviser |
TOBAM
S.A.S. |
Ayaaz
Allymun |
Managing
the Fund since
October
2020; managed the
Predecessor
Fund since its
inception
in November 2018
to
October 2020 |
Portfolio
Manager |
|
Patrick
Chedid |
Managing
the Fund since
December
2022 |
Portfolio
Manager |
|
Mara
Maccagnan |
Managing
the Fund since
October
2020; managed the
Predecessor
Fund since its
inception
in November 2018
to
October 2020 |
Portfolio
Manager |
|
Guillaume
Toison |
Managing
the Fund since
October
2020; managed the
Predecessor
Fund since its
inception
in November 2018
to
October 2020 |
Portfolio
Manager |
|
Classes
A, C, and Y | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$2,500 |
$50 |
Retirement
Account or Custodial Account under the Uniform Gifts/Transfers to Minors
Act |
$1,000 |
$50 |
Investments
through the Automatic Investment Plan |
$100 |
$50 |
|
Institutional
Class | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$500,000 |
$50 |
|
Class
A |
Class
C |
Class
Y |
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of original purchase price
or the
amount
redeemed, whichever is less) |
|
|
|
Wire
Redemption Fee |
|
|
|
| |||
|
|
|
|
Management
Fees |
|
|
|
Distribution
and/or Shareholder Service (12b-1) Fees |
|
|
|
Other
Expenses |
|
|
|
Acquired
Fund Fees and Expenses (AFFE) |
|
|
|
Total
Annual Fund Operating Expenses(1)
|
|
|
|
Fee
Waiver and/or Expense Reimbursement(2)
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(1)(2)
|
|
|
|
|
|
| ||
|
Class
A |
Class
C |
Class
Y |
Class
C |
1
Year |
$ |
$ |
$ |
$194 |
3
Years |
$ |
$ |
$ |
$904 |
5
Years |
$ |
$ |
$ |
$1,638 |
10
Years |
$ |
$ |
$ |
$3,577 |
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Touchstone
Dynamic Allocation Fund - Class A |
|
|
|
Return
Before Taxes |
( |
|
|
Return
After Taxes on Distributions |
( |
( |
|
Return
After Taxes on Distributions and Sale of Fund Shares |
( |
|
|
Touchstone
Dynamic Allocation Fund - Class C |
|
|
|
Return
Before Taxes |
( |
|
|
Touchstone
Dynamic Allocation Fund - Class Y |
|
|
|
Return
Before Taxes |
( |
|
|
MSCI
ACWI (reflects
no deduction for fees, expenses or taxes) |
( |
|
|
Bloomberg
US Universal Index (reflects
no deduction for fees, expenses or taxes) |
( |
|
|
Sub-Adviser |
Portfolio
Managers |
Investment
Experience
with
the Fund |
Primary
Title with
Sub-Adviser |
Wilshire
Advisors, LLC |
Nathan
Palmer, CFA |
Since
2015 |
Managing
Director, Portfolio
Manager |
|
Anthony
Wicklund, CFA, CAIA |
Since
2015 |
Managing
Director, Portfolio
Manager |
|
Classes
A, C, & Y | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$2,500 |
$50 |
Retirement
Account or Custodial Account under the Uniform Gifts/Transfers to Minors
Act |
$1,000 |
$50 |
Investments
through the Automatic Investment Plan |
$100 |
$50 |
|
Class
Y |
Institutional
Class |
Class
R6 |
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of original purchase price
or the
amount
redeemed, whichever is less) |
|
|
|
Wire
Redemption Fee |
|
|
|
| |||
|
|
|
|
Management
Fees |
|
|
|
Distribution
and/or Shareholder Service (12b-1) Fees |
|
|
|
Other
Expenses |
|
|
|
Acquired
Fund Fees and Expenses (AFFE) |
|
|
|
Total
Annual Fund Operating Expenses(1)
|
|
|
|
Fee
Waiver and/or Expense Reimbursement(2)
|
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(1)(2)
|
|
|
|
|
Class
Y |
Institutional
Class |
Class
R6 |
1
Year |
$101 |
$91 |
$85 |
3
Years |
$ |
$ |
$ |
5
Years |
$ |
$ |
$ |
10
Years |
$ |
$ |
$ |
| ||
|
|
|
|
|
|
|
|
Since
Inception |
|
1
Year |
3/8/2021 |
Touchstone
Sands Capital International Growth Fund - Class Y |
|
|
Return
Before Taxes |
(42.48)% |
(25.28)% |
Return
After Taxes on Distributions |
(42.48)% |
(25.28)% |
Return
After Taxes on Distributions and Sale of Fund Shares |
(25.15)% |
(18.68)% |
Touchstone
Sands Capital International Growth Fund - Institutional
Class |
|
|
Return
Before Taxes |
(42.34)% |
(25.14)% |
Touchstone
Sands Capital International Growth Fund - Class R6 |
|
|
Return
Before Taxes |
(42.34)% |
(25.14)% |
MSCI
All Country World Ex-USA Index (reflects
no deduction for fees, expenses or taxes) |
(16.00)% |
(6.25)% |
Sub-Adviser |
Portfolio
Managers |
Investment
Experience
with
the Fund
|
Primary
Title with
Sub-Adviser |
Sands
Capital Management,
LLC |
Sunil
H. Thakor, CFA |
Managing
the Fund since its
inception
in March 2021 |
Senior
Portfolio Manager |
|
David
E. Levanson, CFA |
Managing
the Fund since
March
2022 |
Senior
Portfolio Manager,
Research
Analyst and
Executive
Managing Director |
|
Danielle
Menichella, CFA |
Managing
the Fund since
March
2022 |
Senior
Research Analyst and
Portfolio
Manager |
|
Class
Y | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$2,500 |
$50 |
Retirement
Account or Custodial Account under the Uniform Gifts/Transfers to Minors
Act |
$1,000 |
$50 |
Investments
through the Automatic Investment Plan |
$100 |
$50 |
|
Institutional
Class | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$500,000 |
$50 |
|
Class
R6 | |
|
Initial
Investment |
Additional
Investment |
Regular
Account |
$50,000 |
$50 |
Underlying
Funds |
Investment
Goal |
Principal
Investments |
Touchstone
Ares Credit Opportunities
Fund |
The
Fund seeks absolute total return,
primarily
from income and capital
appreciation. |
The
Fund invests, under normal
circumstances,
at least 80% of its assets
(including
the amount of borrowings for
investment
purposes) in U.S. and
non-U.S.
debt instruments. |
Touchstone
Growth Opportunities Fund |
The
Fund seeks long-term growth of
capital. |
The
Fund invests primarily in stocks of
domestic
growth companies.
|
Touchstone
Impact Bond Fund |
The
Fund seeks current income. Capital
appreciation
is a secondary goal. |
The
Fund invests, under normal
circumstances,
at least 80% of its net
assets
(including borrowings for
investment
purposes) in fixed-income
securities
that meet certain positive
impact
criteria. |
Touchstone
International Growth Fund |
The
Fund seeks to achieve long-term
capital
appreciation. |
Under
normal circumstances, the Fund
primarily
invests its assets in equity
securities
of foreign issuers. Equity
securities
include, but are not limited to,
common
stocks, preferred stocks,
securities
convertible into common
stocks,
rights and warrants. |
Touchstone
Mid Cap Fund |
The
Fund seeks long-term capital
growth.
|
The
Fund invests, under normal market
conditions,
at least 80% of its assets in
common
stocks of medium capital-
ization
U.S. listed companies. |
Touchstone
Sands Capital Emerging
Markets
Growth Fund |
The
Fund seeks long-term capital
appreciation. |
The
Fund invests, under normal market
conditions,
at least 80% of its assets
(including
borrowings for investment
purposes)
in equity and equity-related
securities
issued by companies in
“emerging”
or “frontier” market countries. |
Touchstone
Sands Capital Select Growth
Fund |
The
Fund seeks long-term capital
appreciation. |
The
Fund invests, under normal market
conditions,
at least 80% of its assets in
common
stocks of U.S. companies that
the
sub-adviser believes have
above-average
potential for revenue or
earnings
growth.
|
Touchstone
Small Cap Value Fund |
The
Fund seeks long-term capital
growth. |
The
Fund invests, under normal market
conditions,
at least 80% of its assets in
common
stocks of companies with small
market
capitalizations. |
Underlying
Funds |
Investment
Goal |
Principal
Investments |
Touchstone
Ultra Short Duration Fixed
Income
Fund |
The
Fund seeks maximum total return
consistent
with the preservation of
capital. |
The
Fund invests, under normal market
conditions,
at least 80% of its assets in
fixed-income
securities.
|
Touchstone
Value Fund |
The
Fund seeks to provide investors with
long-term
capital growth. |
The
Fund normally invests in equity
securities
of large and mid capitalization
companies
(generally, companies with
market
capitalizations of approximately
$2.5
billion or above) that the Fund’s
sub-adviser
believes are undervalued. |
Risks |
Anti-Benchmark®
US
Core Equity Fund |
Dynamic
Allocation
Fund(1)
|
Sands
Capital
International
Growth
Fund |
Collateralized
Loan Obligations Risk |
|
X |
|
Counterparty
Risk |
|
X |
|
Depositary
Receipts Risk |
|
X |
X |
Derivatives
Risk
|
|
X |
|
Economic
and Market Events Risk |
X |
X |
X |
Emerging
Markets Risk |
|
X |
X |
Equity
Securities Risk |
X |
X |
X |
ESG
Investing Risk |
|
|
X |
Fixed-Income
Risk |
|
X |
|
Foreign
Securities Risk |
|
X |
X |
Forward
Foreign Currency Exchange Contract Risk |
|
X |
|
Frontier
Markets Risk |
|
X |
X |
Fund-of-Funds
Structure Risk |
|
X |
|
Futures
Contracts Risk |
|
X |
|
Growth-Investing
Risk |
|
X |
X |
Large-Cap
Risk |
|
X |
|
Liquidity
Risk |
|
X |
|
Management
Risk |
X |
X |
X |
Mid-Cap
Risk |
|
X |
|
Non-Diversification
Risk |
|
X |
X |
Options
Risk |
|
X |
|
Passive
Investment Risk |
X |
|
|
Pay-In-Kind
(“PIK”) Bonds Risk |
|
X |
|
Portfolio
Turnover Risk |
X |
X |
|
Preferred
Stock Risk |
X |
X |
X |
Risks |
Anti-Benchmark®
US
Core Equity Fund |
Dynamic
Allocation
Fund(1) |
Sands
Capital
International
Growth
Fund |
Quantitative
Strategy Risk |
X |
|
|
Real
Estate Industry Risk |
|
X |
|
Real
Estate Investment Trust Risk |
|
X |
|
Risk
of Underlying Funds |
|
X |
|
Sector
Focus Risk |
|
|
X |
Small-Cap
Risk |
|
X |
|
Swap
Agreements Risk |
|
X |
|
Tracking
Error Risk |
X |
|
|
Value
Investing Risk |
|
X |
|
Fund |
Net
Annual Fee Rate as a %
of
Average Daily Net Assets* |
Anti-Benchmark®
US Core Equity Fund |
0.00% |
Dynamic
Allocation Fund |
0.00% |
Sands
Capital International Growth Fund |
0.19% |
|
1
Year |
3
Years |
Since
Inception
(March
31, 2018) |
Sands
Capital International Growth Equity Composite
(Net) |
(41.00)% |
(1.42)%
|
5.69% |
MSCI
ACWI ex-USA |
(16.00)%
|
0.07%
|
1.18% |
Amount
of Your Investment |
Sales
Charge as % of
Offering
Price |
Sales
Charge as % of
Net
Amount Invested |
Dealer
Reallowance as %
of
Offering Price |
Under
$25,000 |
5.00% |
5.26% |
4.50% |
$25,000
but less than $50,000 |
4.50% |
4.71% |
4.25% |
$50,000
but less than $100,000 |
4.00% |
4.17% |
3.75% |
$100,000
but less than $250,000 |
3.00% |
3.09% |
2.75% |
$250,000
but less than $1 million |
2.00% |
2.04% |
1.75% |
$1
million or more |
0.00% |
0.00% |
None |
Individual
Retirement Plans |
Employer
Sponsored Retirement Plans |
Traditional
IRAs |
Defined
benefit plans |
SIMPLE
IRAs |
Defined
contribution plans (including 401(k) plans, profit
sharing
plans and money purchase plans) |
Spousal
IRAs |
457
plans |
Roth
IRAs |
|
Education
IRAs |
|
SEP
IRAs |
|
Fund |
Dividends
Declared |
Dividends
Paid |
Touchstone
Anti-Benchmark®
US Core
Equity
Fund |
Annually |
Annually |
Touchstone
Dynamic Allocation Fund
|
Quarterly |
Quarterly |
Touchstone
Sands Capital
International
Growth Fund |
Annually |
Annually |
Touchstone
Anti-Benchmark®
US Core Equity Fund
| |||||||||||||||
Period
ended
|
Net
asset
value
at
beginning
of
period
|
Net
investment
income
|
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Distributions
from
net
investment
income
|
Distributions
from
realized
capital
gains
|
Return
of
capital
|
Total
distributions
|
Net
asset
value
at
end
of
period
|
Total
return(1)
|
Net
assets
at
end
of
period
(000's)
|
Ratio
of net
expenses
to
average
net
assets
|
Ratio
of gross
expenses
to
average
net
assets
|
Ratio
of
net
investment
income
(loss)
to
average
net
assets
|
Portfolio
turnover
rate
|
Class
A
| |||||||||||||||
12/31/20(2)
|
$12.97
|
$0.02
|
$1.20
|
$1.22
|
$(0.15)
|
$
—
|
$
—
|
$(0.15)
|
$14.04
|
9.41%
(3)
|
$6,184
|
0.79%
(4)
|
1.31%
(4)
|
0.70%
(4)
|
54%
(3)(5)
|
12/31/21
|
14.04
|
0.11(6)
|
1.13
|
1.24
|
(0.28)
|
(0.22)
|
—
|
(0.50)
|
14.78
|
8.89
|
6,482
|
0.79
|
1.29
|
0.71
|
59
|
12/31/22
|
14.78
|
0.18(6)
|
(1.54)
|
(1.36)
|
—
|
(3.11)
|
—
|
(3.11)
|
10.31
|
(9.34)
|
5,113
|
0.79
|
1.51
|
1.41
|
85
|
Class
C
| |||||||||||||||
12/31/20(2)
|
$11.57
|
$—(7)
|
$1.07
|
$1.07
|
$—
|
$
—
|
$
—
|
$—
|
$12.64
|
9.25%
(3)
|
$1,969
|
1.54%
(4)
|
2.22%
(4)
|
(0.05)%
(4)
|
54%
(3)(5)
|
12/31/21
|
12.64
|
(—)(6)(7)
|
1.00
|
1.00
|
(0.18)
|
(0.22)
|
—
|
(0.40)
|
13.24
|
8.05
|
1,482
|
1.54
|
2.44
|
(0.04)
|
59
|
12/31/22
|
13.24
|
0.08(6)
|
(1.38)
|
(1.30)
|
—
|
(3.11)
|
—
|
(3.11)
|
8.83
|
(9.99)
|
860
|
1.54
|
3.08
|
0.66
|
85
|
Class
Y
| |||||||||||||||
09/30/19(8)(9)
|
$11.22
|
$0.10
|
$0.63
|
$0.73
|
$(0.07)
|
$
—
|
$
—
|
$(0.07)
|
$11.88
|
6.57%
(3)
|
$52
|
0.54%
(4)
|
110.89%
(4)
|
2.10%
(4)
|
137%
(3)(10)
|
09/30/20(8)
|
11.88
|
0.29
|
1.44
|
1.73
|
(0.38)
|
(0.17)
|
(0.01)
|
(0.56)
|
13.05
|
14.63
|
159
|
0.54
|
9.63
|
1.91
|
73
|
12/31/20(8)(11)(12)
|
13.05
|
0.04
|
1.30
|
1.34
|
(0.19)
|
—
|
—
|
(0.19)
|
14.20
|
10.23
(3)
|
17,411
|
0.54
(4)
|
1.04
(4)
|
0.92
(4)
|
54
(3)(5)
|
12/31/21
|
14.20
|
0.15(6)
|
1.14
|
1.29
|
(0.32)
|
(0.22)
|
—
|
(0.54)
|
14.95
|
9.14
|
15,924
|
0.54
|
0.85
|
0.96
|
59
|
12/31/22
|
14.95
|
0.22(6)
|
(1.56)
|
(1.34)
|
—
|
(3.11)
|
—
|
(3.11)
|
10.50
|
(9.10)
|
12,081
|
0.54
|
1.09
|
1.66
|
85
|
Institutional
Class
| |||||||||||||||
09/30/19(8)(9)
|
$11.36
|
$0.22
|
$0.52
|
$0.74
|
$(0.07)
|
$
—
|
$
—
|
$(0.07)
|
$12.03
|
6.59%
(3)
|
$26,648
|
0.44%
(4)
|
0.85%
(4)
|
2.21%
(4)
|
137%
(3)(10)
|
09/30/20(8)
|
12.03
|
0.25
|
1.53
|
1.78
|
(0.41)
|
(0.17)
|
(0.01)
|
(0.59)
|
13.22
|
14.77
|
30,585
|
0.44
|
0.77
|
2.01
|
73
|
12/31/20(8)(11)(12)
|
13.22
|
0.04
|
1.31
|
1.35
|
(—)(7)
|
—
|
—
|
—
|
14.57
|
10.22
(3)
|
23,061
|
0.44
(4)
|
0.82
(4)
|
1.02
(4)
|
54
(3)(5)
|
12/31/21
|
14.57
|
0.17(6)
|
1.16
|
1.33
|
(0.51)
|
(0.22)
|
—
|
(0.73)
|
15.17
|
9.17
|
5,158
|
0.44
|
0.72
|
1.06
|
59
|
12/31/22
|
15.17
|
0.24(6)
|
(1.58)
|
(1.34)
|
—
|
(3.11)
|
—
|
(3.11)
|
10.72
|
(8.96)
|
4,675
|
0.44
|
1.09
|
1.76
|
85
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(1)
|
Total
returns shown exclude the effect of applicable sales loads and fees. If
these charges were included, the returns would be lower.
|
(2)
|
Represents
the period from commencement of operations (October 2, 2020) through
December 31, 2020.
|
(3)
|
Not
annualized.
|
(4)
|
Annualized.
|
(5)
|
Portfolio
turnover excludes the purchases and sales of securities of the Touchstone
Dynamic Equity Fund merger on October 2, 2020. If these transactions were
included,
portfolio
turnover would have been higher.
|
(6)
|
The
net investment income (loss) per share was based on average shares
outstanding for the period.
|
(7)
|
Less
than $0.005 per share.
|
(8)
|
During
the three months ended December 31, 2020, the Fund effected the following
reverse stock split effective the close of business October 2, 2020:
0.8911 for 1 for Class
Y
shares and 0.8799 for 1 for Institutional Class shares. All historical per
share information has been retroactively adjusted to reflect this reverse
stock split.
|
(9)
|
Represents
the period from commencement of operations (November 19, 2018) through
September 30, 2019.
|
(10)
|
Portfolio
turnover excludes securities received from processing a
subscription-in-kind.
|
(11)
|
Represents
the three months ended December 31, 2020.
|
(12)
|
The
Fund changed its fiscal year end from September 30 to December
31. |
Touchstone
Dynamic Allocation Fund
| ||||||||||||||
Period
ended
|
Net
asset
value
at
beginning
of
period
|
Net
investment
income
|
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Distributions
from
net
investment
income
|
Distributions
from
realized
capital
gains
|
Total
distributions
|
Net
asset
value
at
end
of
period
|
Total
return(1)
|
Net
assets
at
end
of
period
(000's)
|
Ratio
of net
expenses
to
average
net
assets(2)
|
Ratio
of gross
expenses
to
average
net
assets(2)
|
Ratio
of
net
investment
income
(loss)
to
average
net
assets
|
Portfolio
turnover
rate
|
Class
A
| ||||||||||||||
12/31/18
|
$12.56
|
$0.20
|
$(1.16)
|
$(0.96)
|
$(0.26)
|
$
(0.71)
|
$(0.97)
|
$10.63
|
(7.91)%
|
$54,871
|
0.49%
|
0.92%
|
1.57%
|
40%
|
12/31/19
|
10.63
|
0.21
|
1.68
|
1.89
|
(0.26)
|
(0.20)
|
(0.46)
|
12.06
|
17.95
|
77,001
|
0.49
|
0.94
|
1.77
|
38
|
12/31/20
|
12.06
|
0.16
|
1.41
|
1.57
|
(0.19)
|
(0.20)
|
(0.39)
|
13.24
|
13.09
|
81,624
|
0.49
|
0.91
|
1.26
|
33
|
12/31/21
|
13.24
|
0.17
|
0.50
|
0.67
|
(0.33)
|
(0.42)
|
(0.75)
|
13.16
|
5.11
|
77,866
|
0.49
|
0.88
|
1.26
|
20
|
12/31/22
|
13.16
|
0.17(3)
|
(2.35)
|
(2.18)
|
(0.29)
|
(0.28)
|
(0.57)
|
10.41
|
(16.59)
|
58,573
|
0.49
|
1.00
|
1.50
|
60
|
Class
C
| ||||||||||||||
12/31/18
|
$12.28
|
$0.11
|
$(1.13)
|
$(1.02)
|
$(0.17)
|
$
(0.71)
|
$(0.88)
|
$10.38
|
(8.55)%
|
$24,897
|
1.24%
|
1.68%
|
0.82%
|
40%
|
12/31/19
|
10.38
|
0.25
|
1.51
|
1.76
|
(0.14)
|
(0.20)
|
(0.34)
|
11.80
|
17.01
|
5,250
|
1.24
|
1.90
|
1.02
|
38
|
12/31/20
|
11.80
|
0.25
|
1.20
|
1.45
|
(0.10)
|
(0.20)
|
(0.30)
|
12.95
|
12.28
|
3,015
|
1.24
|
2.03
|
0.51
|
33
|
12/31/21
|
12.95
|
0.08
|
0.48
|
0.56
|
(0.22)
|
(0.42)
|
(0.64)
|
12.87
|
4.34
|
2,035
|
1.24
|
2.33
|
0.51
|
20
|
12/31/22
|
12.87
|
0.08(3)
|
(2.29)
|
(2.21)
|
(0.39)
|
(0.28)
|
(0.67)
|
9.99
|
(17.18)
|
1,270
|
1.24
|
2.72
|
0.75
|
60
|
Class
Y
| ||||||||||||||
12/31/18
|
$12.67
|
$0.27
|
$(1.21)
|
$(0.94)
|
$(0.29)
|
$
(0.71)
|
$(1.00)
|
$10.73
|
(7.69)%
|
$5,525
|
0.24%
|
0.85%
|
1.82%
|
40%
|
12/31/19
|
10.73
|
0.31
|
1.64
|
1.95
|
(0.29)
|
(0.20)
|
(0.49)
|
12.19
|
18.35
|
4,060
|
0.24
|
0.97
|
2.02
|
38
|
12/31/20
|
12.19
|
0.17
|
1.42
|
1.59
|
(0.21)
|
(0.20)
|
(0.41)
|
13.37
|
13.23
|
4,735
|
0.24
|
0.88
|
1.51
|
33
|
12/31/21
|
13.37
|
0.21
|
0.51
|
0.72
|
(0.37)
|
(0.42)
|
(0.79)
|
13.30
|
5.39
|
5,061
|
0.24
|
0.87
|
1.51
|
20
|
12/31/22
|
13.30
|
0.20(3)
|
(2.37)
|
(2.17)
|
(0.32)
|
(0.28)
|
(0.60)
|
10.53
|
(16.34)
|
2,987
|
0.24
|
0.99
|
1.75
|
60
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(1)
|
Total
returns shown exclude the effect of applicable sales loads and fees. If
these charges were included, the returns would be lower.
|
(2)
|
Ratio
does not include expenses of the underlying funds.
|
(3)
|
The
net investment income per share was based on average shares outstanding
for the period. |
Touchstone
Sands Capital International Growth Fund
| |||||||||||
Period
ended
|
Net
asset
value
at
beginning
of
period
|
Net
investment
loss
|
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
asset
value
at
end
of
period
|
Total
return
|
Net
assets
at
end
of
period
(000's)
|
Ratio
of net
expenses
to
average
net
assets
|
Ratio
of gross
expenses
to
average
net
assets
|
Ratio
of
net
investment
income
(loss)
to
average
net
assets
|
Portfolio
turnover
rate
|
Class
Y
| |||||||||||
12/31/21(1)
|
$10.00
|
$(0.03)
|
$0.27
|
$0.24
|
$10.24
|
2.40%
(2)
|
$1,274
|
0.98%
(3)
|
2.57%
(3)
|
(0.67)%
(3)
|
18%
(2)
|
12/31/22
|
10.24
|
(0.02)(4)
|
(4.33)
|
(4.35)
|
5.89
|
(42.48)
|
1,521
|
0.98
|
2.25
|
(0.29)
|
50
|
Institutional
Class
| |||||||||||
12/31/21(1)
|
$10.00
|
$(0.02)
|
$0.27
|
$0.25
|
$10.25
|
2.50%
(2)
|
$35,915
|
0.88%
(3)
|
1.36%
(3)
|
(0.57)%
(3)
|
18%
(2)
|
12/31/22
|
10.25
|
(0.01)(4)
|
(4.33)
|
(4.34)
|
5.91
|
(42.34)
|
3,244
|
0.88
|
1.83
|
(0.19)
|
50
|
Class
R6
| |||||||||||
12/31/21(1)
|
$10.00
|
$(0.04)
|
$0.29
|
$0.25
|
$10.25
|
2.50%
(2)
|
$25,625
|
0.82%
(3)
|
1.25%
(3)
|
(0.51)%
(3)
|
18%
(2)
|
12/31/22
|
10.25
|
(0.01)(4)
|
(4.33)
|
(4.34)
|
5.91
|
(42.34)
|
14,769
|
0.82
|
1.41
|
(0.13)
|
50
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(1)
|
Represents
the period from commencement of operations (March 8, 2021) through
December 31, 2021.
|
(2)
|
Not
annualized.
|
(3)
|
Annualized.
|
(4)
|
The
net investment income per share was based on average shares outstanding
for the period. |