Skip to Main Navigation Skip to Main Content

Mutual Fund Asset Classes

Touchstone’s commitment to being DISTINCTIVELY ACTIVE® encompasses a broad spectrum of mutual funds. Some funds pursue their respective objectives by investing in specified asset classes. An asset class is a category of securities that exhibit common characteristics, behave similarly in the marketplace and often operate under the same laws and regulations.

U.S. Equity Funds

A U.S. equity fund is a mutual fund that invests primarily in stocks issued by U.S. corporations. Equity funds aim to provide long-term growth and/or income. In exchange for growth, however, investors are likely to experience more ups and downs in the value of an investment.

These funds may focus on certain capitalization ranges or may have a specific investment style. Touchstone's U.S. equity funds tend to look dramatically different from their benchmarks and their portfolios each provides a differentiated perspective.
U.S. Equity Funds

International/Global Equity Funds

More than half of the world’s companies reside outside of the U.S. An international equity fund is a mutual fund that invests primarily in stocks issued by foreign corporations which allow investors to tap into the growth potential of foreign companies. A global equity fund is typically comprised of U.S. and foreign stocks. International/global equity funds strive to provide long-term growth and/or income. In exchange for growth, however, investors are likely to experience more ups and downs in the value of an investment as well as certain risks that may not be present in U.S. securities. These funds may focus on certain capitalization ranges, geographic regions or may have a specific investment style. Touchstone’s international/global equity funds tend to look dramatically different from their benchmarks and their portfolios each provide a differentiated perspective. 
International/Global Equity Funds

Income Funds

An income fund is a mutual fund that seeks to generate an income stream (typically monthly or quarterly) by investing primarily in securities that offer dividends or interest payments. The funds can hold bonds, preferred stock, common stock or even real estate investment trusts (REITs). By potentially holding hundreds of bonds in a single fund, investors get broader diversification than if they bought individual bonds. Some income funds only invest in securities with certain types of coupons, certain types of issuers, certain types of trading characteristics, certain types of credit ratings, etc. Others may invest in a variety of different income categories. Touchstone’s actively managed income funds may not be correlated with other traditional investments (stocks and cash equivalents). When included in a well-balanced portfolio, income funds may help balance the risks associated with other traditional asset classes.
Income Funds

Multi-Asset Funds

Multi-asset funds differ from “traditional” funds because they target a specific investment outcome. While there are many versions, multi-asset funds typically have a strategic asset allocation that focuses on specific investment outcomes with targeted exposures, crafted from a wide and deep spectrum of asset classes, factors, styles and investment managers. These characteristics may result in portfolios with broad access to a flexible range of investments that can be adept with market environment changes, while carefully managing risk. Touchstone’s multi-asset funds are dynamically managed in an effort to meet their risk/return objectives.
Multi-Asset Funds

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 advisor or download and/or request one on the resources section or call Touchstone at 800-638-8194. Please read the prospectus and/or summary prospectus carefully before investing.

Investment return and principal value of an investment in a Fund will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. All investing involves risk.

Touchstone Funds are distributed by Touchstone Securities, Inc.*
*A registered broker-dealer and member FINRA/SIPC.

Not FDIC Insured | No Bank Guarantee | May Lose Value

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

©2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 

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.