Touchstone Credit Opportunities Fund Sub-Advised by: Ares Capital Management II LLC

Select Share Class: A C Y INST
Total Returns
as of 12/31/2017
Average Annual Total Returns
as of 12/31/2017
Touchstone Funds1
Month
3
Month
YTD1
Year
3
Year
5
Year
10
Year
Since
Inception
Cumulative
Total
Touchstone Credit Opportunities Fund - A
Including Sales Charge
Inception 8/31/2015
-5.46% -5.12% 0.23% 0.23% -- -- -- 3.83% 9.16%
Touchstone Credit Opportunities Fund - A
Excluding Sales Charge
Inception 8/31/2015
0.27% 0.65% 6.35% 6.35% -- -- -- 6.49% 15.82%

Total Returns
as of 12/31/2017
Average Annual Total Returns
as of 12/31/2017
Touchstone Funds1
Month
3
Month
YTD1
Year
3
Year
5
Year
10
Year
Since
Inception
Cumulative
Total
Touchstone Credit Opportunities Fund - C
Including Sales Charge
Inception 8/31/2015
-0.79% -0.60% 4.58% 4.58% -- -- -- 5.83% 14.14%
Touchstone Credit Opportunities Fund - C
Excluding Sales Charge
Inception 8/31/2015
0.18% 0.36% 5.57% 5.57% -- -- -- 5.83% 14.14%

Total Returns
as of 12/31/2017
Average Annual Total Returns
as of 12/31/2017
Touchstone Funds1
Month
3
Month
YTD1
Year
3
Year
5
Year
10
Year
Since
Inception
Cumulative
Total
Touchstone Credit Opportunities Fund - Y
Inception 8/31/2015
0.23% 0.62% 6.62% 6.62% -- -- -- 6.71% 16.37%

Total Returns
as of 12/31/2017
Average Annual Total Returns
as of 12/31/2017
Touchstone Funds1
Month
3
Month
YTD1
Year
3
Year
5
Year
10
Year
Since
Inception
Cumulative
Total
Touchstone Credit Opportunities Fund - Inst
Inception 8/31/2015
0.36% 0.74% 6.82% 6.82% -- -- -- 6.85% 16.74%

Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and the summary prospectus contain this and other information about the Fund. To obtain a prospectus or a summary prospectus, contact your financial advisor or download and/or request one at TouchstoneInvestments.com/literature-center or call Touchstone at 800.638.8194. Please read the prospectus and/or summary prospectus carefully before investing.