I hereby represent that I:

» am an institutional investor that is a "qualified client" as that term is defined in Rule 205-3(d)(1) under the Investment Advisers Act of 1040, as amended; and

» have such knowledge and experience in financial and business matters that I am capable of evaluating the merits and risks of the investments that may be presented to me by Touchstone Investments.

Close I agree

Ibbotson Associates Advisors, LLC

Ibbotson Associates is a leading authority on asset allocation with expertise in capital market expectations and portfolio implementation. The firm approaches portfolio construction from the top down through a research-based investment process. The Chicago-based firm was founded in 1977.

"Ibbotson Associates leverages its innovative academic research to create customized investment advisory solutions that help investors meet their goals."

- Ibbotson Associates Inc.

Funds Managed by Ibbotson Associates Inc.