CINCINNATI, December 5, 2025 – Touchstone Investments (“Touchstone”), known for its Distinctively Active® mutual funds and exchange traded funds (ETFs), today announced the upcoming liquidation of the Touchstone Climate Transition ETF (HEAT) (the “Fund”). The Fund is expected to be closed and liquidated on or about December 23, 2025 (“Liquidation Date”).
December 19, 2025, is expected to be the last full day of trading for the Fund on Cboe BZX Exchange, Inc. (“Cboe”). During the period between market close on December 19, 2025, and the Liquidation Date, there is not expected to be any market for the purchase or sale of the Fund’s shares because the Fund will no longer trade on Cboe.
Shares of the Fund still outstanding on the Liquidation Date will be automatically redeemed at the Fund’s net asset value, without customary redemption fees, after the Fund pays or provides for all expenses, taxes, and liabilities, including operational costs of liquidation. Liquidation proceeds will be made to all Fund shareholders at the time of the liquidation. The Fund will also declare and distribute any realized capital gains and all net investment income no later than the final liquidation distribution. Shareholders may also sell their shares on Cboe prior to December 19, 2025.
“The decision to liquidate Touchstone’s Climate Transition ETF was driven by its limited growth potential, as demand for climate-related strategies remains tepid among U.S. financial professionals,” said Tim Paulin, Senior Vice President at Touchstone. “Touchstone, alongside our Board of Trustees and the Fund’s sub-advisor, mutually agreed that liquidating the strategy is the appropriate course of action and in the best interest of shareholders.”
To learn more about Touchstone’s actively managed mutual funds and ETFs, visit TouchstoneInvestments.com.
About Touchstone Investments
Touchstone's commitment to being Distinctively Active is what sets us apart. Recognizing that not all fund companies are created equal, we actively apply an integrated and rigorous approach for identifying and partnering with highly skilled asset managers who act in a sub-advisory capacity. Their expertise, disciplined investment processes and employment of active management provide the differentiation required for robust portfolio construction. Touchstone offers a full breadth of investment options across styles and asset classes, including U.S. equity, international equity, income and multi-asset funds. The Touchstone Funds are advised by Touchstone Advisors, Inc., a registered investment adviser, and are distributed nationally through intermediaries including broker-dealers, registered investment advisers, institutions and others by Touchstone Securities, Inc., a registered broker-dealer and member FINRA/SIPC. Touchstone, Touchstone Funds and Touchstone Investments are federal service mark registrations and applications owned by IFS Financial Services, Inc. Touchstone Securities, Inc., Touchstone Advisors, Inc., and IFS Financial Services, Inc., are members of Western & Southern Financial Group. For more information, please visit TouchstoneInvestments.com.
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.
Investments involve risk. Principal loss is possible.
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