Touchstone Securitized Income ETF (TSEC)

Overview

Actively Managed and Sub-Advised by Fort Washington Investment Advisors, Inc.

Objective

The Fund seeks total return through income appreciation.

Investment Style

Fund will invest in securitized fixed income securities including residential mortgage backed securities, commercial mortgage-backed securities, asset backed securities and collateralized loan obligations
Relative value focus emphasizing moderate to high risk/return opportunities within securitized products

Portfolio may include U.S. Treasury securities, U.S. government agency securities, securities of government-sponsored enterprises, municipal bonds, and cash equivalents including repurchase agreements, commercial paper and variable rate demand notes
Portfolio invests at least 50% in investment grade debt securities and may invest up to 15% in securities that are non-rated
Fund may engage in active trading of securities as part of its invest strategy

Fund Facts

Fund Facts for Touchstone Securitized Income ETF
Symbol
CUSIP
Inception Date
Primary Listing Exchange
Total Fund Net Assets as of 09/30/2025	$112,674,573
Asset Class	Income
Benchmark	Bloomberg U.S. Aggregate Bond Index
Distribution Frequency	Monthly
Fiscal Year End
Prospectus Date	04/30/2025

Performance

Daily

as of
NAV
NAV $ Change

as of
Market Price
30 Day Median Bid/Ask Spread
Bid/Ask Midpoint

as of
Premium/Discount

HISTORICAL DAILY NAV

Historical Daily NAV on
NAV
Market Price

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times.

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 Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Returns are not annualized for periods of less than one year.

as of 10/31/2025
	1 Month	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception
NAV
Market Price
Bloomberg U.S. Aggregate Bond Index	0.62%	2.94%	6.80%	6.16%	5.60%	-0.24%	1.90%	--

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times. 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 Fund 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, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends.

as of 09/30/2025
	3 Month	1 Year	3 Year	5 Year	10 Year	Since Inception
NAV
Market Price
Bloomberg U.S. Aggregate Bond Index	2.03%	2.88%	4.93%	-0.45%	1.84%	--

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times. 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 Fund 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, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends.

as of 10/31/2025
	30 Day SEC Yield	30 Day Unsubsidized Yield	Distribution Yield
Touchstone Securitized Income ETF

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times. 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 Fund 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, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends.

Monthly distributing funds are using this Distribution Yield Calculation = Per share distribution dollars during the month divided by the number of days in the month divided by the month end NAV and multiplied by 365. Quarterly distributing funds are using an Annual Distribution Yield calculation = Per share distribution dollars during the 12 months divided by the number of days in the 12 month period divided by the 12 month period end NAV and multiplied by 365.

	Calendar Year	Q1	Q2	Q3	Q4
Days Traded at Premium
Days Traded at Discount

The amount (states in dollars or percent) by which the selling or purchase market price of an ETF is greater than (Premium) or less than (Discount) its net asset value (NAV).

Consider Touchstone Securitized Income ETF for Your Portfolio

Touchstone Securitized Income ETF invests primarily in a portfolio of securitized fixed income securities.

Portfolio

Full Holdings (CSV)

Credit Quality

as of 09/30/2025
Credit Quality	% of Portfolio
AAA/Aaa	24.6
AA/Aa	16.2
A/A	17.5
BBB/Baa	33.8
BB/Ba	5.1
B/B	0.1
CCC or Lower	0.6
Not Rated	1.9
Cash Equivalents	0.2

as of 09/30/2025
Sector	% of Portfolio
Asset Backed Securities	27.3
CMBS	25.7
U.S. Agency RMBS	23.2
Collateralized Loan Obligation	21.8
Cash Equivalents	1.9
High Yield Corporate Credit	0.3
U.S. Treasury	0.0
Investment Grade Corp. Credit	0.0
Emerging Market Debt	0.0
Municipal	0.0

as of 11/10/2025
Security Description	Ticker	CUSIP	Country	Shares Par Value	Current Price ($)	Market Value ($)	% of Portfolio
{securityDescription}	{tickerSymbol}	{cusip}	{country}	{sharesParValue}	{currentPrice}	{marketValue}	{portfolioPercent}

Management

Actively Managed and Sub-Advised by Fort Washington Investment Advisors, Inc.

Scott D. Weston

Investment Experience since 1992

Career Summary
Fort Washington Investment Advisors, Inc.
Countrywide Investments
Leshner Financial Services
Adex International

Education
MBA - Finance, University of Cincinnati
BS - Finance, University of Utah

Brent A. Miller, CFA

Investment Experience since 1999

Career Summary
Fort Washington Investment Advisors, Inc. The Integrity Companies

Education
BS - Mathematics, University of Evansville

Laura Mayfield

Investment Experience since 2005

Career Summary
Fort Washington Investment Advisors, Inc.
Western and Southern Life Assurance Co.

Education
MBA – Xavier University
BA – Marketing and Spanish, Olivet Nazarene University

Richard V. Schneider

Investment Experience since 1998

Career Summary
Fort Washington Investment Advisors, Inc.
Mesirow Financial
Loop Capital Markets
Lehman Brothers Asset Management
Lincoln Capital Management

Education
MBA - University of Notre Dame
BS - University of Notre Dame

Fees

Expense Fees for Touchstone Securitized Income ETF
Total Annual Fund Operating Expense Ratio
Net Annual Fund Operating Expense Ratio

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 0.39%. These expense limitations will remain in effect until at least 04/29/2026.

Distributions

Capital Gain and Income Distribution as of
Pay Date	Income Distribution	Short Term Capital Gains Per Share	Long Term Capital Gains Per Share	Total Capital Gains Per Share

Resources

Statutory Prospectus

Summary Prospectus

Statement of Additional Information (SAI)

A WORD ABOUT RISK

The Fund invests in fixed-income securities which can experience reduced liquidity during certain market events, lose their value as interest rates rise and are subject to credit risk which is the risk of deterioration in the financial condition of an issuer and/or general economic conditions that can cause the issuer to not make timely payments of principal and interest also causing the securities to decline in value and an investor can lose principal. When interest rates rise, the price of debt securities generally falls. Longer term securities are generally more volatile. The Fund invests in mortgage-backed securities and asset-backed securities which are subject to the risks of prepayment, defaults, changing interest rates and at times, the financial condition of the issuer. The Fund invests in investment grade debt securities which may be downgraded by an NRSRO to below investment grade status. The Fund invests in non-investment grade debt securities which are considered speculative with respect to the issuers’ ability to make timely payments of interest and principal, may lack liquidity and has had more frequent and larger price changes than other debt securities. The Fund invests in U.S. government securities which are neither issued nor guaranteed by the U.S. Treasury and are not guaranteed against price movements due to changing interest rates.

Touchstone exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETFs are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.

The Advisor engages a sub-advisor to make investment decisions for the Fund’s portfolio; it may be unable to identify and retain a sub-advisor who achieves superior investment returns relative to other similar sub-advisors. Events in the U.S. and global financial markets, including actions taken to stimulate or stabilize economic growth may at times result in unusually high market volatility, which could negatively impact Fund performance and cause it to experience illiquidity, shareholder redemptions, or other potentially adverse effects. Financial institutions could suffer losses if interest rates rise or economic conditions deteriorate. The Fund invests in foreign securities which carry the associated risks of economic and political instability, market liquidity, currency volatility and accounting standards that differ from those of U.S. markets and may offer less protection to investors. The Fund invests in municipal securities which may be affected by uncertainties in the municipal market related to legislation or litigation involving the taxation of municipal securities or the rights of municipal security holders in the event of bankruptcy and may not be able to meet their obligations. 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 invests in repurchase agreements which are considered loans by the Fund and may suffer a loss of principal and interest in the event of counterparty defaults. The Fund invests in Collateralized Loan Obligations (CLOs) that have risks that largely depend on the type of underlying collateral and risks may include illiquidity, limited active market, the possibility that distributions from collateral securities will be insufficient to make interest or other payments, the potential for a decline in the quality of the collateral, and can bear the risk of default by the loans. Current and future portfolio holdings are subject to change.

Please consider the investment objectives, risks, charges and expenses of the ETF 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 professional or download and/or request one at TouchstoneInvestments.com/resources or call Touchstone at 833.368.7383. Please read the prospectus and/or summary prospectus carefully before investing.

Consider Touchstone Securitized Income ETF for Your Portfolio

Touchstone Securitized Income ETF invests primarily in a portfolio of securitized fixed income securities.

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 professional or download and/or request one on the resources section or call Touchstone at 833-368-7383. Please read the prospectus and/or summary prospectus carefully before investing.

Touchstone ETFs are distributed by Foreside Fund Services LLC
A registered broker-dealer and member of FINRA.

Not FDIC Insured | No Bank Guarantee | May Lose Value

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CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

Touchstone exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETFs are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.

Touchstone Securitized Income ETF

Overview

Overview

Objective

Investment Style

Fund Facts

Performance

Premium / Discount to NAV

Premium/Discount Table

Consider Touchstone Securitized Income ETF for Your Portfolio

Portfolio

Management

Management

Scott D. Weston

Brent A. Miller, CFA

Laura Mayfield

Richard V. Schneider

Fees

Fees

Distributions

Distributions

Resources

Resources

Consider Touchstone Securitized Income ETF for Your Portfolio

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