Investment objective & strategy
As of Jan. 27, 2026 · prospectusObjective. The Touchstone Sands Capital Select Growth Fund (the Fund) seeks long-term capital appreciation.
Strategy. The Fund invests, under normal market conditions, at least 80% of its assets in common stocks of U.S. companies that the sub-adviser, Sands Capital Management, LLC (Sands Capital), believes have above-average potential for revenue or earnings growth. This is a non-fundamental investment policy that the Fund can change upon 60 days prior notice to shareholders. The Fund emphasizes investments in large capitalization growth companies. The weighted-average market capitalization of these companies is generally in excess of $25 billion, and the Fund generally does not invest in companies that have a market capitalization of less than $2 billion. The Fund will typically own between 25 and 35 companies. As an integral part of the evaluation of a company, Sands Capital considers … The Fund invests, under normal market conditions, at least 80% of its assets in common stocks of U.S. companies that the sub-adviser, Sands Capital Management, LLC (Sands Capital), believes have above-average potential for revenue or earnings growth. This is a non-fundamental investment policy that the Fund can change upon 60 days prior notice to shareholders. The Fund emphasizes investments in large capitalization growth companies. The weighted-average market capitalization of these companies is generally in excess of $25 billion, and the Fund generally does not invest in companies that have a market capitalization of less than $2 billion. The Fund will typically own between 25 and 35 companies. As an integral part of the evaluation of a company, Sands Capital considers corporate governance, social, and environmental practices (collectively, ESG) when it believes such practices may be material to the long-term shareowner value creation potential of the company. Sands Capital utilizes proprietary ESG-related research to enhance its evaluation of portfolio businesses. The relevance and materiality of ESG practices vary and are highly dependent on the region, country, industry, and company. Sands Capitals analysis of these practices is integrated into the investment decision-making process to the extent it believes they may affect the sustainability of a companys value-creation potential. The Fund is non-diversified and invests a significant percentage of its assets in the securities of a single company or in the securities of a smaller number of companies than a diversified fund. The Fund may invest a high percentage of its assets in specific sectors of the market in order to achieve a potentially greater investment return.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $283.69M | 14.85% |
| DREY-GVT CSH-I | MISXX | $137.97M | 7.22% |
| META PLATFORMS INC CL A | — | $118.40M | 6.20% |
| AMAZON.COM INC | — | $116.41M | 6.09% |
| Spotify Technology SA | — | $89.96M | 4.71% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $87.22M | 4.56% |
| SHOPIFY INC CL A | — | $86.26M | 4.51% |
| ALPHABET INC CL A | — | $84.78M | 4.44% |
| MICROSOFT CORP | — | $79.02M | 4.14% |
| BROADCOM INC | — | $68.49M | 3.58% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Touchstone ETF Trust-Touchstone Sands Capital US Select Growth ETF · TSEL | 89% | 0.67% |
| First Trust Multi-Manager Large Growth ETF · AFGR | 63% | 0.85% |
| Fidelity Advisor Growth Opportunities Fund · FAGAX, FACGX, FAGOX, FAGCX, FZAHX | 52% | 0.60% |
Footnotes
- Expense ratio as of January 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.