Touchstone International Value Fund Sub-Advised by: Barrow, Hanley, Mewhinney & Strauss LLC

Portfolio Characteristics as of 12/31/2017
Market Capitalization $39.7 Billion
Price Earnings Ratio117.8
Number of Holdings ^54

^ Total number of holdings includes cash equivalents

Top Country Allocation as of 12/31/2017(% of Portfolio)
United Kingdom15.2
Germany14.6
Japan13.8
France11.2
Italy10.3
Netherlands7.8
Switzerland5.6
Singapore2.6
Ireland2.4
Colombia2.0
Full Holdings as of 12/31/2017
Security DescriptionCountryShares Par
Value
Current
Price ($)
Market
Value ($)
% of
Portfolio
AIR LIQUIDE SAFR4,444125.71558,6732.31
AIRBUS SEFR8,74099.39868,6383.58
ARYZTA AGCH8,10039.66321,2741.33
BABCOCK INTL GROUP PLCGB34,7009.53330,5271.36
BANCO DE SABADELL SAES219,5031.98435,1521.80
BANK OF IRELAND GROUP PLCIE13,8008.51117,4780.48
BAYER AG-REGDE5,530124.26687,1732.84
BP PLCGB65,1907.02457,3251.89
BP PLC-SPONS ADRGB6,99042.03293,7901.21
CIELO SABR54,0607.09383,3141.58
CIMB GROUP HOLDINGS BHDMY271,3001.62438,4241.81
CNH INDUSTRIAL NVGB40,64013.38543,7022.24
COCA-COLA EUROPEAN PARTNERSGB14,50039.85577,8252.38
COMPAGNIE DE SAINT GOBAINFR11,16055.04614,2032.53
CREDIT SUISSE GROUP AG-REGCH36,20417.84645,7252.66
CRH PLCIE12,83035.89460,4681.90
DEUTSCHE BOERSE AGDE1,976115.75228,7120.94
DEUTSCHE TELEKOM AG-REGDE27,30017.68482,5651.99
DREYFUS-GOV C-INUS78,9341.0078,9340.33
DS SMITH PLCGB62,2886.97434,1771.79
ECOPETROL SA-SPONSORED ADRCO33,80014.63494,4942.04
ENEL SPAIT83,4006.15512,8482.12
ENI SPAIT28,70116.55474,9411.96
ERSTE GROUP BANK AGAT11,19043.34484,9242.00
FIAT CHRYSLER AUTOMOBILES NVGB31,70017.85565,9482.34
FUJI ELECTRIC CO LTDJP66,4907.51499,4972.06
GEA GROUP AGDE10,00047.84478,4401.97
GLAXOSMITHKLINE PLCGB27,49017.71486,8252.01
HITACHI LTDJP74,7207.76579,6932.39
HUGO BOSS AG -ORDDE6,00084.86509,1482.10
IHI CORPJP2,47033.1781,9210.34
IMPERIAL BRANDS PLCGB12,94942.75553,5132.28
ING GROEP NVNL16,37318.36300,5541.24
JAPAN TOBACCO INCJP12,90032.20415,4201.71
KONINKLIJKE PHILIPS NVNL16,70037.76630,5682.60
LINDE AG - TENDERDE2,600233.55607,2302.51
MEDIATEK INCTW39,3009.83386,3111.59
MEDIOBANCA SPAIT34,20011.33387,5101.60
MUENCHENER RUECKVER AG-REGDE2,500215.95539,8732.23
NATIONAL GRID PLCGB18,32111.79215,9770.89
NOVARTIS AG-REGCH4,21984.15355,0391.47
QBE INSURANCE GROUP LTDAU48,6008.30403,4061.66
RPC GROUP PLCGB38,10011.90453,4491.87
SAMSUNG SECURITIES CO LTDKR6,60034.13225,2740.93
SANOFIFR7,79586.09671,0852.77
SEIBU HOLDINGS INCJP26,20018.89494,9802.04
SJM HOLDINGS LTDHK454,800.89406,3801.68
SUMITOMO CORPJP34,83016.96590,7782.44
SUMITOMO OSAKA CEMENT CO LTDJP60,0104.82289,0141.19
TECHNIPFMC LTDFR14,66031.02454,7681.88
TREND MICRO INCJP6,99056.60395,6561.63
UNITED OVERSEAS BANK LTDSG31,67019.71624,3112.58
VOPAKNL8,50043.80372,3351.54
XL GROUP LTDBM9,40035.16330,5041.36
Top 10 Equity Holdings as of 12/31/2017
Security Description
% of
Portfolio
1. AIRBUS GROUP SE3.6
2. BAYER AG2.9
3. SANOFI2.8
4. CREDIT SUISSE GROUP AG2.7
5. KONINKLIJKE PHILIPS NV2.6
6. UNITED OVERSEAS BANK LTD.2.6
7. COMPAGNIE DE SAINT GOBAIN SA2.5
8. LINDE AG2.5
9. SUMITOMO CORP.2.5
10. HITACHI, LTD.2.4

Data may not total due to rounding.

Active Share measures the percentage of the Fund's holdings that differ from those of the benchmark. It is calculated by taking the sum of the absolute difference between all of the holdings and weights in the portfolio and those of the benchmark holdings and weights and dividing the results by two.

There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change.

The data illustrated for Touchstone Domestic Equity Funds – Morningstar is the source. For Russell index information – the Frank Russell Company is the source and owner. For MSCI index information- the MSCI is the source and owner. The data illustrated for Touchstone Fixed Income Funds, Diversified Income Funds, Alternative Investment Funds, International Equity Funds, Asset Allocation Funds and Money Market Funds – the fund’s sub-advisor is the source. Calculations for sectors and top holdings exclude cash equivalents. All holdings data is sourced from BNY Mellon Asset Servicing.