Touchstone Small Cap Growth Fund
Sub-Advised by: Fiera Capital Inc.

Portfolio Characteristics as of 3/31/2018
Market Capitalization $3.8 Billion
Price Earnings Ratio125.8
Number of Holdings ^97

1 The Price Earnings Ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.

^ Total number of holdings includes cash equivalents

Sector Allocation as of 3/31/2018(% of Portfolio)
Information Technology27.2
Healthcare26.7
Industrials14.1
Consumer Discretionary11.4
Financials9.2
Materials5.9
Real Estate3.3
Energy2.4
Full Holdings as of 3/31/2018
Security DescriptionCountryShares Par
Value
Current
Price ($)
Market
Value ($)
% of
Portfolio
ACHAOGEN INCUS53,73612.95695,8810.37
ADVANCED ENERGY INDUSTRIESUS25,33063.901,618,5870.87
ALARM.COM HOLDINGS INCUS44,35037.741,673,7690.90
AMN HEALTHCARE SERVICES INCUS42,76656.752,426,9711.30
ARGAN INCUS26,61842.951,143,2430.61
ARRAY BIOPHARMA INCUS52,76616.32861,1410.46
ARTISAN PARTNERS ASSET MA -AUS54,61633.301,818,7130.97
BEACON ROOFING SUPPLY INCUS34,33853.071,822,3180.98
BIOTELEMETRY INCUS43,35831.051,346,2660.72
BOYD GAMING CORPUS48,83931.861,556,0110.83
BRINK'S CO/THEUS26,93271.351,921,5981.03
CABLE ONE INCUS3,966687.112,725,0781.46
CAMBREX CORPUS33,39852.301,746,7150.94
CANTEL MEDICAL CORPUS18,313111.412,040,2511.09
CARETRUSTUS138,69113.401,858,4591.00
CATALENT INCUS44,36741.061,821,7090.98
CHARLES RIVER LABORATORIESUS26,695106.742,849,4241.53
CHEGG INCUS87,51920.661,808,1430.97
CHEMED CORPUS12,331272.863,364,6371.80
CORESITE REALTY CORPUS22,272100.262,232,9911.20
CRYOPORT INCUS46,2098.60397,3970.21
CURTISS-WRIGHT CORPUS15,064135.072,034,6941.09
DREYFUS-GOV C-INUS3,622,2441.003,622,2441.94
EDITAS MEDICINE INCUS13,21533.15438,0770.23
EMCOR GROUP INCUS52,69377.934,106,3652.20
ENCOMPASS HEALTH CORPUS38,98757.172,228,8871.19
ENTEGRIS INCUS72,48034.802,522,3041.35
ENVESTNET INCUS35,41157.302,029,0501.09
EPAM SYSTEMS INCUS17,352114.521,987,1511.07
EPLUS INCUS20,53177.701,595,2590.86
EURONET WORLDWIDE INCUS55,75478.924,400,1062.36
EVERCORE INC - AUS42,39687.203,696,9311.98
EXACT SCIENCES CORPUS22,11440.33891,8580.48
EXLSERVICE HOLDINGS INCUS38,53555.772,149,0971.15
FAIR ISAAC CORPUS12,076169.372,045,3121.10
FIBROGEN INCUS16,38146.20756,8020.41
GLOBUS MEDICAL INC - AUS44,11749.822,197,9091.18
GRAND CANYON EDUCATION INCUS34,429104.923,612,2911.94
GRUBHUB INCUS46,920101.474,760,9722.55
HESKA CORPUS11,89579.07940,5380.50
HFF INC-CLASS AUS39,11349.701,943,9161.04
ICON PLCIE36,550118.144,318,0172.31
ICU MEDICAL INCUS12,296252.403,103,5101.66
INSTRUCTURE INCUS27,56242.151,161,7380.62
INTERSECT ENT INCUS28,01839.301,101,1070.59
ITT INCUS52,95548.982,593,7361.39
KMG CHEMICALS INCUS18,83959.951,129,3980.61
LCI INDUSTRIESUS16,732104.151,742,6380.93
LEMAITRE VASCULAR INCUS39,26236.231,422,4620.76
LITHIA MOTORS INC-CL AUS25,891100.522,602,5631.39
LOUISIANA-PACIFIC CORPUS94,86428.772,729,2371.46
MARRIOTT VACATIONS WORLDUS13,964133.201,860,0051.00
MASTEC INCUS47,39747.052,230,0291.20
MATADOR RESOURCES COUS68,52029.912,049,4331.10
MATERION CORPUS28,74651.051,467,4830.79
MERCURY SYSTEMS INCUS40,71448.321,967,3001.05
MERIT MEDICAL SYSTEMS INCUS57,23445.352,595,5621.39
NATIONAL WESTERN LIFE GROU-AUS2,695304.88821,6520.44
NEKTAR THERAPEUTICSUS23,982106.262,548,3271.37
NUTANIX INC - AUS57,55149.112,826,3301.51
NUTRISYSTEM INCUS45,22726.951,218,8680.65
NUVASIVE INCUS17,19952.21897,9600.48
ON ASSIGNMENT INCUS24,02881.881,967,4131.05
ORASURE TECHNOLOGIES INCUS59,28816.891,001,3740.54
PAYCOM SOFTWARE INCUS21,158107.392,272,1581.22
PEGASYSTEMS INCUS36,14960.652,192,4371.18
PETIQ INCUS75,88926.602,018,6471.08
POLYONE CORPORATIONUS37,01342.521,573,7930.84
PORTOLA PHARMACEUTICALS INCUS15,81532.66516,5180.28
PRIMERICA INCUS29,09196.602,810,1911.51
PROPETRO HOLDING CORPUS71,39315.891,134,4350.61
QUALYS INCUS37,42772.752,722,8141.46
QUOTIENT TECHNOLOGY INCUS140,66913.101,842,7640.99
RAVEN INDUSTRIES INCUS24,45235.05857,0430.46
REALPAGE INCUS47,21251.502,431,4181.30
REPLIGEN CORPUS19,58336.18708,5130.38
ROGERS CORPUS11,408119.541,363,7120.73
SAGE THERAPEUTICS INCUS9,750161.071,570,4330.84
SANGAMO THERAPEUTICS INCUS18,72819.00355,8320.19
SEMTECH CORPUS46,03539.051,797,6670.96
SUPERNUS PHARMACEUTICALS INCUS34,94145.801,600,2980.86
TEXAS CAPITAL BANCSHARES INCUS30,55389.902,746,7151.47
TOPBUILD CORPUS27,63276.522,114,4011.13
TRADE DESK INC/THE -CLASS AUS24,50549.621,215,9380.65
TREX COMPANY INCUS20,302108.772,208,2491.18
TRINET GROUP INCUS45,52046.322,108,4861.13
TRINSEO SAUS35,04574.052,595,0821.39
TRONOX LTD-CL AUS68,84818.441,269,5570.68
TRUPANION INCUS52,69729.891,575,1130.84
TTM TECHNOLOGIESUS112,23015.291,715,9970.92
US SILICA HOLDINGS INCUS43,99525.521,122,7520.60
VARONIS SYSTEMS INCUS22,82660.501,380,9730.74
VISTEON CORPUS14,556110.241,604,6530.86
WESTERN ALLIANCE BANCORPUS57,54158.113,343,7081.79
WILLDAN GROUP INCUS25,95028.35735,6830.39
XPERI CORPUS36,84621.15779,2930.42
YELP INCUS29,83241.751,245,4860.67
Top 10 Equity Holdings as of 3/31/2018
Security Description
% of
Portfolio
1. GRUBHUB INC.2.6
2. EURONET WORLDWIDE, INC.2.4
3. ICON PLC2.4
4. EMCOR GROUP, INC.2.2
5. EVERCORE INC.2.0
6. GRAND CANYON EDUCATION, INC.2.0
7. CHEMED CORP.1.8
8. WESTERN ALLIANCE BANCORPORATION1.8
9. ICU MEDICAL, INC.1.7
10. CHARLES RIVER LABORATORIES INTERNATIONAL INC.1.6

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 and Asset Allocation 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.