| |
☐ |
immediately upon filing pursuant to paragraph (b) |
☐ |
on (date) pursuant to paragraph (b) |
☐ |
60 days after filing pursuant to paragraph (a) |
☒ |
on |
☐ |
75 days after filing pursuant to paragraph (a)(2) |
☐ |
on (date) pursuant to paragraph (a)(2) of rule 485. If appropriate, check the following box: |
☐ |
This post-effective amendment designates a new effective date for a previously filed post-effective amendment |
|
Class A |
Class C |
Class Y |
Institutional Class |
Touchstone International Value Fund (formerly, Touchstone International Equity Fund) |
SWRLX |
SWFCX |
SIIEX |
TOIIX |
|
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 |
$ |
$ |
$ |
$ |
| ||||
|
|
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|
Management Fees |
|
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|
|
Distribution and/or Shareholder Service (12b-1) Fees |
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Other Expenses |
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|
|
|
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 |
Institutional Class |
Class C |
1 Year |
$ |
$ |
$ |
$ |
$ |
3 Years |
$ |
$ |
$ |
$ |
$ |
5 Years |
$ |
$ |
$ |
$ |
$ |
10 Years |
$ |
$ |
$ |
$ |
$ |
| ||
|
|
% |
|
|
)% |
|
|
% |
|
1 Year |
5 Years |
10 Years |
Touchstone International Value Fund - Class A |
|
|
|
Return Before Taxes |
% |
% |
% |
Return After Taxes on Distributions |
% |
% |
% |
Return After Taxes on Distributions and Sale of Fund Shares |
% |
% |
% |
Touchstone International Value Fund - Class C |
|
|
|
Return Before Taxes |
% |
% |
% |
Touchstone International Value Fund - Class Y |
|
|
|
Return Before Taxes(1) |
% |
% |
% |
Touchstone International Value Fund - Institutional Class |
|
|
|
Return Before Taxes(2) |
% |
% |
% |
MSCI EAFE Index (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
MSCI All Country World Ex USA Index(3) (reflects no deduction for fees, expenses or taxes) |
% |
% |
% |
Sub-Adviser |
Portfolio Manager |
Investment Experience with the Fund |
Primary Title with Sub-Adviser |
LSV Asset Management* |
Josef Lakonishok, Ph.D. |
Since April 2024 |
Chief Executive Officer, Chief Investment Officer, Partner and Portfolio Manager |
Menno Vermeulen, CFA |
Since April 2024 |
Partner and Portfolio Manager | |
Puneet Mansharamani, CFA |
Since April 2024 |
Partner and Portfolio Manager | |
Greg Sleight |
Since April 2024 |
Partner and Portfolio Manager | |
Guy Lakonishok, CFA |
Since April 2024 |
Partner and 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 |
Fund |
Net Annual Fee Rate |
International Value Fund |
0.65 % |
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 | |
•Roth IRAs |
•457 plans |
•Education IRAs |
|
•SEP IRAs |
|
Touchstone International Equity Fund | ||||||||||||||
Period ended |
Net asset value at beginning of period |
Net investment income (loss) |
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 |
Ratio of gross expenses to average net assets |
Ratio of net investment income (loss) to average net assets |
Portfolio turnover rate |
Class A | ||||||||||||||
06/30/19 |
$18.15 |
$0.20 (2) |
$(0.57) |
$(0.37) |
$(0.26) |
$(1.87) |
$(2.13) |
$15.65 |
(0.78 )% |
$106,870 |
1.30 % |
1.37 % |
1.26 % |
43 % |
06/30/20 |
15.65 |
0.08 (2) |
(0.98) |
(0.90) |
(0.19) |
(0.63) |
(0.82) |
13.93 |
(6.28) |
77,744 |
1.29 |
1.40 |
0.57 |
45 |
06/30/21 |
13.93 |
0.09 (2) |
4.94 |
5.03 |
(0.08) |
— |
(0.08) |
18.88 |
36.16 |
88,022 |
1.36 |
1.37 |
0.56 |
31 |
06/30/22 |
18.88 |
0.18 (2) |
(3.44) |
(3.26) |
(0.08) |
(2.24) |
(2.32) |
13.30 |
(18.87) |
76,671 |
1.36 |
1.40 |
1.08 |
45 (3) |
06/30/23 |
13.30 |
0.24 (2) |
1.99 |
2.23 |
(0.21) |
— |
(0.21) |
15.32 |
16.99 |
82,697 |
1.36 |
1.44 |
1.75 |
32 |
12/31/23(4) |
15.32 |
0.02 |
0.64 |
0.66 |
(0.21) |
— |
(0.21) |
15.77 |
4.33 (5) |
82,205 |
1.36 (6) |
1.45 (6) |
0.24 (6) |
10 (5) |
Class C | ||||||||||||||
06/30/19 |
$17.12 |
$0.03 (2) |
$(0.54) |
$(0.51) |
$(0.10) |
$(1.87) |
$(1.97) |
$14.64 |
(1.87 )% |
$3,783 |
2.34 % |
2.42 % |
0.21 % |
43 % |
06/30/20 |
14.64 |
(0.09)(2) |
(0.93) |
(1.02) |
— |
(0.63) |
(0.63) |
12.99 |
(7.41) |
2,073 |
2.49 |
2.74 |
(0.63) |
45 |
06/30/21 |
12.99 |
(0.04)(2) |
4.60 |
4.56 |
(— )(7) |
— |
(— )(7) |
17.55 |
35.14 |
2,115 |
2.15 |
2.90 |
(0.24) |
31 |
06/30/22 |
17.55 |
0.07 (2) |
(3.18) |
(3.11) |
(0.02) |
(2.24) |
(2.26) |
12.18 |
(19.45) |
2,399 |
1.99 |
2.71 |
0.45 |
45 (3) |
06/30/23 |
12.18 |
0.14 (2) |
1.82 |
1.96 |
(0.17) |
— |
(0.17) |
13.97 |
16.27 |
2,327 |
1.99 |
2.80 |
1.12 |
32 |
12/31/23(4) |
13.97 |
(0.10) |
0.66 |
0.56 |
(0.13) |
— |
(0.13) |
14.40 |
4.00 (5) |
2,251 |
1.99 (6) |
2.88 (6) |
(0.39)(6) |
10 (5) |
Class Y | ||||||||||||||
06/30/19 |
$17.93 |
$0.25 (2) |
$(0.57) |
$(0.32) |
$(0.30) |
$(1.87) |
$(2.17) |
$15.44 |
(0.47 )% |
$42,120 |
0.99 % |
1.12 % |
1.57 % |
43 % |
06/30/20 |
15.44 |
0.13 (2) |
(0.97) |
(0.84) |
(0.24) |
(0.63) |
(0.87) |
13.73 |
(6.03) |
23,835 |
0.99 |
1.15 |
0.87 |
45 |
06/30/21 |
13.73 |
0.15 (2) |
4.88 |
5.03 |
(0.11) |
— |
(0.11) |
18.65 |
36.71 |
27,903 |
0.99 |
1.19 |
0.93 |
31 |
06/30/22 |
18.65 |
0.23 (2) |
(3.40) |
(3.17) |
(0.13) |
(2.24) |
(2.37) |
13.11 |
(18.61) |
20,430 |
0.99 |
1.19 |
1.45 |
45 (3) |
06/30/23 |
13.11 |
0.29 (2) |
1.97 |
2.26 |
(0.24) |
— |
(0.24) |
15.13 |
17.46 |
25,324 |
0.99 |
1.23 |
2.12 |
32 |
12/31/23(4) |
15.13 |
0.04 |
0.65 |
0.69 |
(0.27) |
— |
(0.27) |
15.55 |
4.57 (5) |
27,871 |
0.99 (6) |
1.21 (6) |
0.61 (6) |
10 (5) |
Institutional Class | ||||||||||||||
06/30/19 |
$17.92 |
$0.26 (2) |
$(0.57) |
$(0.31) |
$(0.32) |
$(1.87) |
$(2.19) |
$15.42 |
(0.39 )% |
$2,592 |
0.89 % |
1.38 % |
1.67 % |
43 % |
06/30/20 |
15.42 |
0.14 (2) |
(0.95) |
(0.81) |
(0.27) |
(0.63) |
(0.90) |
13.71 |
(5.89) |
14,205 |
0.89 |
1.12 |
0.97 |
45 |
06/30/21 |
13.71 |
0.16 (2) |
4.88 |
5.04 |
(0.12) |
— |
(0.12) |
18.63 |
36.83 |
4,315 |
0.89 |
1.06 |
1.03 |
31 |
06/30/22 |
18.63 |
0.25 (2) |
(3.40) |
(3.15) |
(0.15) |
(2.24) |
(2.39) |
13.09 |
(18.52) |
3,273 |
0.89 |
1.34 |
1.55 |
45 (3) |
06/30/23 |
13.09 |
0.31 (2) |
1.95 |
2.26 |
(0.24) |
— |
(0.24) |
15.11 |
17.54 |
3,830 |
0.89 |
1.23 |
2.22 |
32 |
12/31/23(4) |
15.11 |
0.07 |
0.62 |
0.69 |
(0.29) |
— |
(0.29) |
15.51 |
4.54 (5) |
4,004 |
0.89 (6) |
1.32 (6) |
0.71 (6) |
10 (5) |
|
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| |
(1) |
Total returns shown exclude the effect of applicable sales loads and fees. If these charges were included, the returns would be lower. |
(2) |
The net investment income per share was based on average shares outstanding for the period. |
(3) |
Portfolio turnover excludes the purchases and sales of securities by the AIG International Dividend Strategy Fund acquired on July 16, 2021. If these transactions were included, portfolio turnover would have been higher. |
(4) |
Unaudited. |
(5) |
Not annualized. |
(6) |
Annualized. |
(7) |
Less than $0.005 per share. |
|
Class A |
Class C |
Class Y |
Institutional Class |
Touchstone International Value Fund (formerly, Touchstone International Equity Fund) |
SWRLX |
SWFCX |
SIIEX |
TOIIX |
|
Page |
3 | |
4 | |
19 | |
21 | |
29 | |
31 | |
33 | |
33 | |
35 | |
37 | |
38 | |
38 | |
38 | |
38 | |
40 | |
40 | |
41 | |
42 | |
45 | |
48 | |
49 | |
58 | |
60 | |
60 | |
60 | |
60 | |
61 | |
62 | |
67 |
|
International Value Fund, (formerly, International Equity Fund) |
Gross Income from securities lending activities |
$31,988 |
Fees and/or compensation for securities lending activities and related services |
|
Fees paid to securities lending agent from a revenue split |
$1,321 |
Fees paid for any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) that are not included in the revenue split |
$815 |
Administrative fees not included in revenue split |
$— |
Indemnification fee not included in revenue split |
$— |
Rebate (paid to borrower) |
$23,176 |
Other fees not included in revenue split (specify) |
$— |
Aggregate fees/compensation for securities lending activities |
$25,312 |
Net Income from securities lending activities |
$6,676 |
Name Address Year of Birth |
Position Held with Trust |
Term of Office And Length of Time Served |
Principal Occupation(s) During Past 5 Years |
Number of Funds Overseen in the Touchstone Fund Complex(2) |
Other Directorships Held by Director(3) |
Jill T. McGruder Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1955 |
Trustee |
Until retirement at age 75 or until she resigns or is removed Trustee since 1999 |
President of Touchstone Funds from 1999 to 2020; Director and CEO of IFS Financial Services, Inc. (a holding company) since 1999; and Senior Vice President and Chief Marketing Officer of Western & Southern Financial Group, Inc. (a financial services company) since 2016. |
39 |
Director, Integrity Life Insurance Co. and National Integrity Life Insurance Co. since 2005; Director, Touchstone Securities (the Distributor) since 1999; Director, Touchstone Advisors (the Adviser) since 1999; Director, W&S Brokerage Services, Inc. since 1999; Director, W&S Financial Group Distributors, Inc. since 1999; Director, Insurance Profillment Solutions LLC since 2014; Director, Columbus Life Insurance Co. since 2016; Director, The Lafayette Life Insurance Co. since 2016; Director, Gerber Life Insurance Company since 2019; Director, Western & Southern Agency, Inc. since 2018; and Director, LL Global, Inc. (not-for-profit trade organization with operating divisions LIMRA and LOMA) since 2016. |
E. Blake Moore, Jr. Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1958 |
President and Trustee |
Until retirement at age 75 or until he resigns or is removed Trustee since 2021 |
President, Touchstone Funds since 2021; Chief Executive Officer of Touchstone Advisors, Inc. and Touchstone Securities, Inc. since 2020; President, Foresters Investment Management Company, Inc. from 2018 to 2020; President, North American Asset Management at Foresters Financial from 2018 to 2020; Managing Director, Head of Americas at UBS Asset Management from 2015 to 2017; and Executive Vice President, Head of Distribution at Mackenzie Investments from 2011 to 2014. |
39 |
Trustee, College of Wooster since 2008; and Director, UBS Funds from 2015 to 2017. |
Name Address Year of Birth |
Position Held with Trust |
Term of Office And Length of Time Served |
Principal Occupation(s) During Past 5 Years |
Number of Funds Overseen in the Touchstone Fund Complex(2) |
Other Directorships Held by Director(3) |
Karen Carnahan c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1954 |
Trustee |
Until retirement at age 75 or until she resigns or is removed Trustee since 2019 |
Retired; formerly Chief Operating Officer of Shred-it (a business services company) from 2014 to 2015; formerly President & Chief Operating Officer of the document management division of Cintas Corporation (a business services company) from 2008 to 2014. |
39 |
Director, Cintas Corporation since 2019; Director, Boys & Girls Club of West Chester/Liberty from 2016 to 2022; and Board of Advisors, Best Upon Request from 2020 to 2021. |
William C. Gale c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1952 |
Trustee |
Until retirement at age 75 or until he resigns or is removed Trustee since 2013 |
Retired; formerly Senior Vice President and Chief Financial Officer of Cintas Corporation (a business services company) from 1995 to 2015. |
39 |
None. |
Susan M. King c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1963 |
Trustee |
Until retirement at age 75 or until she resigns or is removed Trustee since 2021 |
Formerly, Partner of ID Fund LLC (2020 to 2021); formerly, Senior Vice President, Head of Product and Marketing Strategy of Foresters Financial (2018 to 2020); formerly, Managing Director, Head of Sales Strategy and Marketing, Americas of UBS Asset Management (2015 to 2017); formerly, Director, Allianz Funds, Allianz Funds Multi-Strategy Trust and AllianzGI Institutional Multi-Series Trust (2014 to 2015); and formerly, Director, Alliance Capital Cash Management Offshore Funds (2003 to 2005). |
39 |
Trustee, Claremont McKenna College since 2017; Trustee, Israel Cancer Research Fund since 2019; and Board Member of WHAM! (Women’s Health Access Matters) since 2021. |
Name Address Year of Birth |
Position Held with Trust |
Term of Office And Length of Time Served |
Principal Occupation(s) During Past 5 Years |
Number of Funds Overseen in the Touchstone Fund Complex(2) |
Other Directorships Held by Director(3) |
Kevin A. Robie c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1956 |
Trustee |
Until retirement at age 75 or until he resigns or is removed Trustee since 2013 |
Retired; formerly Vice President of Portfolio Management at Soin LLC (private multinational holding company and family office) from 2004 to 2020. |
39 |
Director, SaverSystems, Inc. since 2015; Director, Buckeye EcoCare, Inc. from 2013 to 2018; Director, Turner Property Services Group, Inc. since 2017; Trustee, Dayton Region New Market Fund, LLC (private fund) since 2010; and Trustee, Entrepreneurs Center, Inc. (business incubator) since 2006. |
Sally J. Staley c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1956 |
Trustee |
Until retirement at age 75 or until she resigns or is removed Trustee since 2023 |
Independent Consultant to Institutional Asset Owners since 2017; formerly Chief Investment Officer and Corporate Officer for Case Western Reserve University from 2006 to 2017; formerly Adviser to Fairport Asset Management LLC/Luma Wealth Advisors from 2011 to 2019. |
39 |
Trustee, College of Wooster since 2006 (Chair since 2021); Trustee, Great Lakes Theater Festival since 2005; and Member of Advisory Committee, Certified Investment Fund Director Institute from 2015 to 2020. |
William H. Zimmer III c/o Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1953 |
Trustee |
Until retirement at age 75 or until he resigns or is removed Trustee since 2019 |
Independent Treasury Consultant since 2014. |
39 |
Director, Deaconess Associations, Inc. (healthcare) from 2001 to 2023; Trustee, Huntington Funds (mutual funds) from 2006 to 2015; and Director, National Association of Corporate Treasurers from 2011 to 2015. |
Name Address Year of Birth |
Position Held with Trust(1) |
Term of Office and Length of Time Served |
Principal Occupation(s) During Past 5 Years |
E. Blake Moore, Jr. Touchstone Advisors, Inc. 303 Broadway, Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1958 |
President and Trustee |
Until resignation, removal or disqualification President since January 2021 |
See biography above. |
Timothy D. Paulin Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1963 |
Vice President |
Until resignation, removal or disqualification Vice President since 2010 |
Senior Vice President of Investment Research and Product Management of Touchstone Advisors, Inc. |
Timothy S. Stearns Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1963 |
Chief Compliance Officer and Secretary |
Until resignation, removal or disquali- fication Chief Compliance Officer since 2013, and Secretary since 2024. |
Chief Compliance Officer of Touchstone Advisors, Inc. and Touchstone Securities, Inc. |
Terrie A. Wiedenheft Touchstone Advisors, Inc. 303 Broadway Suite 1100 Cincinnati, Ohio 45202 Year of Birth: 1962 |
Controller and Treasurer |
Until resignation, removal or disquali- fication Controller and Treasurer since 2006 |
Senior Vice President and Chief Administration Officer within the Office of the Chief Marketing Officer of Western & Southern Financial Group (since 2021); and Senior Vice President, Chief Financial Officer, and Chief Operations Officer of IFS Financial Services, Inc. (a holding company). |
|
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|
|
|
|
|
|
|
|
|
|
Interested Trustees |
Independent Trustees |
|
|
|
|
|
|
|
| |||||||
Fund |
Jill T. McGruder |
E. Blake Moore, Jr. |
Karen Carnahan |
Susan M. King |
William C. Gale |
Sally J. Staley(2) |
Kevin A. Robie |
William H. Zimmer III |
| ||||||||
International Value Fund |
$10,001-$50,000 |
None |
None |
None |
None |
None |
None |
None | |||||||||
Aggregate Dollar Range of Securities in the Touchstone Fund Complex(1) |
Over $100,000 |
Over $100,000 |
$50,001 -$100,000 |
$50,001 -$100,000 |
$50,001 -$100,000 |
None |
Over $100,000 |
Over $100,000 |
Name |
Compensation from the Trust |
Aggregate Compensation from the Touchstone Fund Complex(1) |
Interested Trustees |
|
|
Jill T. McGruder |
$— |
$— |
E. Blake Moore, Jr. |
$— |
$— |
Independent Trustees(2) |
|
|
Karen Carnahan |
$86,458 |
$176,000 |
William C. Gale |
$92,353 |
$188,000 |
Susan J. Hickenlooper |
$44,122 |
$88,000 |
Susan M. King |
$79,090 |
$161,000 |
Name |
Compensation from the Trust |
Aggregate Compensation from the Touchstone Fund Complex(1) |
Kevin A. Robie |
$79,090 |
$161,000 |
Sally J. Staley |
$38,728 |
$80,500 |
William H. Zimmer III |
$82,698 |
$168,500 |
|
Retainer |
Governance Committee Meeting Attendance Fees |
Audit Committee Meeting Attendance Fees |
Board Meeting Attendance Fees |
Retainer and Meeting Attendance Fees |
$29,500 |
$6,000 |
$6,000 |
$7,250 |
Lead Independent Trustee Fees |
$8,100 |
|
|
|
Committee Chair Fees |
$1,500 |
$3,000 |
$3,000 |
|
Telephonic/Virtual Meeting Attendance Fee* = |
$2,500 |
|
|
|
Limited items in-person meeting* = |
$3,500 |
|
|
|
*Only as needed |
|
|
|
|
Fund |
Annual Advisory Fee Rate |
International Value Fund (formerly, Touchstone International Equity Fund) |
0.70% on the first $500 million; 0.65% on the next $300 million; 0.60% on the next $200 million; 0.50% on the next $1 billion; and 0.40% on assets in excess of $2 billion |
Fund |
Date of Fiscal Period End |
Gross Advisory Fee Paid |
Fees Waived/Recouped |
International Value Fund, (formerly, International Equity Fund) |
6/30/2021 |
$858,156 |
$88,739 |
6/30/2022 |
$884,634 |
$125,153 | |
6/30/2023 |
$731,584 |
$140,085 |
Fund |
Date of Fiscal Period End |
Sub-Advisory Fees Paid |
International Value Fund, (formerly, International Equity Fund)(1) |
6/30/2021 |
$429,655 |
6/30/2022 |
$442,317 | |
6/30/2023 |
$365,792 |
Portfolio Manager/Types of Accounts |
Total Number of Other Accounts Managed |
Total Other Assets |
Number of Other Accounts Managed subject to a Performance Based Advisory Fee(1) |
Total Other Assets Managed subject to a Performance Based Advisory Fee |
Josef Lakonishok, Ph.D. |
|
|
|
|
Registered Investment Companies |
34 |
$15,535,000,000 |
0 |
$0 |
Other Pooled Investment Vehicles |
64 |
$22,586,000,000 |
6 |
$1,800,000,000 |
Other Accounts |
316 |
$55,431,000,000 |
69 |
$13,244,000,000 |
Menno Vermeulen, CFA |
|
|
|
|
Registered Investment Companies |
34 |
$15,535,000,000 |
0 |
$0 |
Other Pooled Investment Vehicles |
64 |
$22,586,000,000 |
6 |
$1,800,000,000 |
Other Accounts |
316 |
$55,431,000,000 |
69 |
$13,244,000,000 |
Portfolio Manager/Types of Accounts |
Total Number of Other Accounts Managed |
Total Other Assets |
Number of Other Accounts Managed subject to a Performance Based Advisory Fee(1) |
Total Other Assets Managed subject to a Performance Based Advisory Fee |
Puneet Mansharamani, CFA |
|
|
|
|
Registered Investment Companies |
34 |
$15,535,000,000 |
0 |
$0 |
Other Pooled Investment Vehicles |
64 |
$22,586,000,000 |
6 |
$1,800,000,000 |
Other Accounts |
316 |
$55,431,000,000 |
69 |
$13,244,000,000 |
Greg Sleight |
|
|
|
|
Registered Investment Companies |
34 |
$15,535,000,000 |
0 |
$0 |
Other Pooled Investment Vehicles |
64 |
$22,586,000,000 |
6 |
$1,800,000,000 |
Other Accounts |
316 |
$55,431,000,000 |
69 |
$13,244,000,000 |
Guy Lakonishok, CFA |
|
|
|
|
Registered Investment Companies |
34 |
$15,535,000,000 |
0 |
$0 |
Other Pooled Investment Vehicles |
64 |
$22,586,000,000 |
6 |
$1,800,000,000 |
Other Accounts |
316 |
$55,431,000,000 |
69 |
$13,244,000,000 |
Portfolio Manager |
Dollar Range of Beneficial Ownership |
Josef Lakonishok, Ph.D. |
None |
Menno Vermeulen, CFA |
None |
Puneet Mansharamani, CFA |
None |
Greg Sleight |
None |
Guy Lakonishok, CFA |
None |
Fund |
Date of Fiscal Period End |
Administration Fees Paid |
International Value Fund, (formerly, International Equity Fund) |
6/30/2021 |
$170,659 |
6/30/2022 |
$163,913 | |
6/30/2023 |
$144,530 |
Fund |
Date of Fiscal Period End |
Aggregate Underwriting Commissions on Sales |
Amount Retained in Underwriting Commissions |
CDSC Retained by Distributor | |
|
|
|
|
Class A |
Class C |
International Value Fund, (formerly, International Equity Fund) |
6/30/2021 |
$29,565 |
$2,674 |
$— |
$29 |
6/30/2022 |
$36,495 |
$3,359 |
$— |
$44 | |
6/30/2023 |
$22,581 |
$1,858 |
$— |
$23 |
Name of Broker-Dealer |
American Enterprise Investment Services, Inc. |
Equity Services Inc. |
Great West Life & Annuity Insurance Company |
Janney Montgomery Scott LLC |
LPL Financial Corporation |
Merrill Lynch, Pierce, Fenner & Smith Inc. |
Morgan Stanley Wealth Management |
National Financial Services LLC |
Pershing LLC |
PNC Investments, LLC |
Principal Life Insurance Company |
Raymond James & Associates, Inc. |
RBC Capital Markets Corporation |
UBS Financial Services, Inc. |
Waddell & Reed, Inc. |
Wells Fargo Clearing Services, LLC |
|
12b-1 Plan Expenses | |||||
Fund |
Printing and Mailing |
Distribution Services |
Compensation to Broker Dealers |
Compensation to Sales Personnel |
Service Providers |
Total |
International Value Fund, (formerly, International Equity Fund) |
|
|
|
|
|
|
Class A |
$77 |
$71,033 |
$109,262 |
$14,167 |
$— |
$194,539 |
Class C |
$3 |
$5,417 |
$16,272 |
$456 |
$— |
$22,148 |
|
Aggregate Brokerage Commissions | ||
Fund |
2021 |
2022 |
2023 |
International Value Fund, (formerly, International Equity Fund) |
$196,798 |
$190,508 |
$121,164 |
Fund |
Amount of Transactions Directed to Brokers Providing Research |
Brokerage Commissions Related to Transactions Directed to Brokers Providing Research |
International Value Fund, (formerly, International Equity Fund) |
$60,566,954 |
$113,531 |
Fund |
Broker/Dealer |
Aggregate Value |
International Value Fund, (formerly, International Equity Fund) |
N/A |
N/A |
|
Date of Fiscal Period End |
Portfolio Turnover |
International Value Fund, (formerly, International Equity Fund) |
6/30/2022(1) |
45 % |
6/30/2023 |
32 % |
|
Class A |
Class C |
Class Y |
Institutional Class |
Touchstone International Value Fund |
X |
X |
X |
X |
Amount of Investment |
Equity Fund Finder’s Fee |
$1 million but less than $5 million |
1.00 % |
$5 million but less than $25 million |
0.50 % |
$25 million or more |
0.25 % |
Fund Name and Share Class |
Name and Address |
Percentage of Class |
International Value Fund Class A |
INDEPENDENT HEALTH ASSOC INC DEFINED BENEFIT PENSION PLAN JAMES A DUNLOP JR & MARK I JOHNSON & ARK I JOHNSON TRUSTEES 16 BIRDSONG PKWY ORCHARD PARK NY 14127-3066 |
8.00 % |
|
PERSHING LLC 1 PERSHING PLAZA JERSEY CITY NJ 07399 |
6.24 % |
|
CHARLES SCHWAB CO INC ATTN MUTUAL FUNDS TEAM S 4500 CHERRY CREEK 3 DR S FL DENVER CO 80209-0000 |
6.13 % |
International Value Fund Class C |
WELLS FARGO CLEARING SERVICES 2801 MARKET STREET SAINT LOUIS, MO 63103 |
48.11 % |
|
RAYMOND JAMES OMNIBUS FOR MUTUAL FUNDS HOUSE ACCT FIRM ATTN COURTNEY WALLER 880 CARILLON PARKWAY ST PETERSBURG FL 33716 |
6.47 % |
|
UBS WM USA FBO SPEC CDY A/C EXL BEN CUSTOMERS OF UBSFSI 1000 HARBOR BLVD WEEHAWKEN, NJ 07086 |
5.68 % |
International Value Fund Class Y |
NATIONAL FINANCIAL SERVICES CORP (FBO) OUR CUSTOMERS ATTN MUTUAL FUNDS DEPARTMENT 4TH FL 499 WASHINGTON BLVD JERSEY CITY NJ 07310-2010 |
36.29 % |
|
WELLS FARGO CLEARING SERVICES 2801 MARKET STREET SAINT LOUIS, MO 63103 |
9.26 % |
|
UBS WM USA FBO SPEC CDY A/C EXL BEN CUSTOMERS OF UBSFSI 1000 HARBOR BLVD WEEHAWKEN, NJ 07086 |
9.01 % |
|
LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121-3091 |
8.45 % |
|
RBC CAPITAL MARKETS LLC MUTUAL FUND OMNIBUS PROCESSING ATTN MUTUAL FUND OPS MANAGER 250 NICOLLET MALL SUITE 1400 MINNEAPOLIS MN 55401-1931 |
6.81 % |
Fund Name and Share Class |
Name and Address |
Percentage of Class |
|
CHARLES SCHWAB & CO INC SPECIAL CUSTODY ACCT FBO CUSTOMERS ATTN MUTUAL FUNDS 211 MAIN STREET SAN FRANCISCO CA 94105 |
5.82 % |
|
AMERICAN ENTERPRISE INVESTMENT SVC 707 2ND AVE SOUTH MINNEAPOLIS MN 55402-2405 |
5.31 % |
International Value Fund Institutional Class |
SAXON & CO. P.O. BOX 94597 CLEVELAND OH 44101 |
89.07 % |
|
CHARLES SCHWAB & CO INC 101 MONTGOMERY ST SAN FRANCISCO CA 94104 |
6.00 % |
Fund |
Date of Fiscal Period End |
Sub-Administration Fees Paid |
International Value Fund, (formerly, International Equity Fund) |
6/30/2021 |
$39,747 |
6/30/2022 |
$41,064 | |
6/30/2023 |
$35,728 |
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(i) |
[Not Applicable.] |
(j) |
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(k) |
Not applicable. |
(l) |
Copy of Letter of Initial Stockholder, which was filed as an Exhibit to Registrant’s Pre-Effective Amendment No. 1, is hereby incorporated by reference. |
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(q) |
Name and Position with Investment Adviser |
Name and Principal Business Address of Other Company |
Connection with Other Company |
Frank M. Sands, CFA Chief Executive Officer, Chief Investment Officer |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Investment Board Member, Executive Management Team |
Jonathan P. Goodman General Counsel and Officer |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
General Counsel |
Stephen F. Nimmo Executive Managing Director, Business Development and Client Relations |
Sands Capital Ventures, LLC1 000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
Luke C. Iglehart Executive Managing Director, Client and Consultant Relations |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
Ian W. Ratcliffe Executive Managing Director |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Managing Partner, Executive Management Team |
Dana M. McNamara Chief Administrative Officer, Executive Managing Director |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
T. Perry Williams, CFA President, Executive Managing Director, Director of Research, Sr. Portfolio Manager |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
Brian A. Christiansen, CFA Executive Managing Director, Sr. Portfolio Manager |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
David E. Levanson, CFA Executive Managing Director, Sr. Portfolio Manager |
Sands Capital Ventures, LLC 1000 Wilson Boulevard Suite 3000 Arlington, VA 22209 |
Executive Management Team |
NAME |
POSITION WITH UNDERWRITER |
POSITION WITH REGISTRANT |
E. Blake Moore, Jr. |
President & Chief Executive Officer |
President and Trustee |
Jill T. McGruder |
Director |
Trustee |
James N. Clark* |
Director |
None |
Jonathan D. Niemeyer* |
Director |
None |
Donald J. Wuebbling* |
Director |
None |
Mary T. Mock |
Senior Vice President |
None |
Terrie A. Wiedenheft |
Chief Financial Officer |
Controller/Treasurer |
Amy Fisher |
Vice President |
None |
Timothy J. Costanza |
Vice President |
None |
Jay V. Johnson* |
Vice President |
None |
Timothy S. Stearns |
Vice President, Chief Compliance Officer |
Chief Compliance Officer |
Sarah Sparks Herron* |
Secretary |
None |
Benjamin J. Alge |
Divisional Vice President |
None |
Timothy A. Bray |
Divisional Vice President |
None |
Lindsay M. Connelly* |
Assistant Vice President, Assistant Treasurer |
None |
John S. Musgrove* |
Assistant Vice President, Assistant Treasurer |
None |
Michael S. Jones |
Assistant Vice President |
None |
Jason T. Anderson |
Assistant Treasurer |
None |
Michael Marchese, III |
Assistant Treasurer |
None |
|
TOUCHSTONE STRATEGIC TRUST |
By: /s/ E. Blake Moore, Jr. E. Blake Moore, Jr. President and Trustee |
Signature |
Title |
Date |
* Karen Carnahan |
Trustee |
April 29, 2024 |
* William C. Gale |
Trustee |
April 29, 2024 |
* Sally J. Staley |
Trustee |
April 29, 2024 |
* Susan M. King |
Trustee |
April 29, 2024 |
* Kevin A. Robie |
Trustee |
April 29, 2024 |
* William H. Zimmer III |
Trustee |
April 29, 2024 |
* Jill T. McGruder |
Trustee |
April 29, 2024 |
/s/ E. Blake Moore, Jr. E. Blake Moore, Jr. |
President and Trustee |
April 29, 2024 |
/s/ Terrie A. Wiedenheft Terrie A. Wiedenheft |
Controller, Treasurer and Principal Financial Officer |
April 29, 2024 |
| |
*By: /s/ Terrie A. Wiedenheft Terrie A. Wiedenheft (Attorney-in-Fact Pursuant to Power of Attorney) |
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| |
(d)(22) |
Sub-Advisory Agreement dated April 30, 2024 between Touchstone Advisors, Inc. and LSV Asset Management with respect to the Touchstone International Value Fund. |
(h)(1)(i) |
Amendment dated January 1, 2024 to the Fund Sub-Administration and Accounting Agreement dated July 20, 2022 between the Registrant and The Bank of New York Mellon. |
(h)(1)(ii) |
Amendment dated April 1, 2024 to the Amended and Restated Sub-Administration and Accounting Agreement dated July 20, 2022 between The Bank of New York Mellon and Touchstone Advisors, Inc. |
(h)(7)(vii) |
Amended Schedule B to the Expense Limitation Agreement dated July 29, 2013. |
(j) |
Consent of Independent Registered Public Accounting Firm. |
(p)(1) |
Code of Ethics of Touchstone Advisors, Inc., Touchstone Funds, and Touchstone Securities, Inc. – Amended April 10, 2024. |
(p)(13) |
Code of Ethics for LSV Asset Management. |
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