Touchstone Mid Cap Growth Fund
Sub-Advised by: Westfield Capital Management Company LP


The Fund seeks long-term growth of capital by investing primarily in stocks of mid-cap U.S. companies.

Investment Style

  • Focuses on mid-cap companies that are believed to have demonstrated records of achievement with excellent prospects for earnings growth over a 1 to 3 year period
  • Looks for companies believed to be reasonably priced with high forecasted earnings potential
  • Evaluates companies by analyzing a company's financial statements, interviews with management, analysis of a company's operations and product development, with consideration to a company's industry
The Fund invests in equities which are subject to market volatility and loss. The Fund invests in stocks of mid-cap companies which may be subject to more erratic market movements than stocks of larger, more established companies. The Fund invests in growth stocks which may be more volatile than investing in other stocks and may underperform when value investing is in favor. The Fund invests in foreign securities which carry the associated risks of economic and political instability, market liquidity, currency volatility and differences in accounting standards. The Fund may experience higher portfolio turnover which may lead to increased fund expenses, lower investment returns and higher short-term capital gains taxable to shareholders. The Fund may focus its investments in specific sectors and therefore be susceptible to positive or negative developments in the sector which may increase the Fund's volatility and magnify its effects on total return. Current and future portfolio holdings are subject to risk. The advisor engages the sub-advisor to manage the Fund's portfolio; the sub-advisor's judgment may impact the Fund's performance.

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Select Share Class:A C Y INST

Fund Facts

A Shares
Portfolio Turnover Rate176%
Total Annual Fund Operating Expense Ratio21.30%
Net Annual Fund Operating Expense Ratio21.30%
Total Net Assets as of 6/30/2018 $227,859,906
Inception Date10/3/1994
Fiscal Year EndMarch 31st
BenchmarkRussell Midcap® Growth Index3
Prospectus Date7/30/2018

1 Annualized as of 3/31/2018

2 Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit certain annual fund operating expenses (excluding Acquired Fund Fees and Expenses “AFFE,” and other expenses, if any) to 1.39% for Class A Shares, 2.14% for Class C Shares, 1.14% for Class Y Shares and 0.99% for Class INST Shares. These expense limitations will remain in effect until at least 07/29/18.

3 The Russell Midcap® Growth Index measures the performance of those Russell Midcap companies with higher price-to-book ratios and higher forecasted growth values. Investing in an index is not possible.

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

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 or call Touchstone at 800.638.8194. Please read the prospectus and/or summary prospectus carefully before investing.

Investment return and principal value of an investment in a Fund will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost.