Touchstone Sands Capital Institutional Growth Fund
Sub-Advised by: Sands Capital Management LLC

Average Annual Total Returns
as of 6/30/2018
Annual Fund Operating Expenses
Touchstone Funds1
Touchstone Sands Capital Institutional Growth Fund - Inst
Inception 1/21/2005
33.88% 14.23% 16.08% 13.75% 11.37% 0.80% 0.80% 4/30/2018

Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Funds will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, may lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends and capital gains. 

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.

Touchstone Sands Capital Institutional Growth Fund - 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 0.80% for Class INST Shares. These expense limitations will remain in effect until at east 04/29/18.