Touchstone Sands Capital Select Growth Fund Class C (TSNCX)

Investment Objective The investment seeks long-term capital appreciation. The fund invests- under normal market conditions- at least 80% of its assets in common stocks of U.S. companies that the sub-advisor- Sands Capital Management- LLC- believes have above-average potential for revenue or earnings growth. It 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. It is non-diversified.