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Touchstone International Equity Fund

Daily NAV
$
Overall Morningstar Rating™
Foreign Large Blend
Active Share
94 %

Overview

Overview

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

Objective

The fund seeks long-term capital growth.

International Equity Fund Commentary

Investment Style

  • Invests primarily in common stocks of established companies across the capitalization spectrum located in or that conduct their business mainly in one or more foreign countries
  • Focuses on quality at a reasonable price, beginning with a regular quantitative screening in order to narrow the investable universe
  • Analyzes companies based on the following five fundamental factors: business quality, valuation, growth, management and balance sheet strength
  • Manages risk through portfolio diversification, by individual issuer, sector, and country
  • Index-agnostic portfolio construction approach typically results in a concentrated, high-conviction portfolio
A WORD ABOUT RISK

The Fund invests in equities which are subject to market volatility and loss. The Fund invests in foreign and emerging market securities, and depositary receipts, such as American Depositary Receipts, Global Depositary Receipts, and European Depositary Receipts, 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 offer less protection to investors. The risks associated with investing in foreign markets are magnified in emerging markets due to their smaller economies. Current and future portfolio holdings are subject to risk. 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.

Fund Facts

Fund Facts for Share Class
Symbol
CUSIP
Share Class Inception Date
Total Share Class Net Assets as of 06/30/2019
Total Fund Net Assets as of 06/30/2019 $155,441,495
Asset Class International / Global Equity
Morningstar Category Foreign Large Blend
Benchmark MSCI EAFE® Index
Distribution Frequency Annually
Portfolio Turnover Rate
Fiscal Year End
Prospectus Date 10/30/2018

Performance 

Daily Returns as of
NAV NAV $ Change
Touchstone International Equity Fund -
HISTORICAL DAILY NAV
as of 08/31/2019
1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone International Equity Fund -
Including Sales Charge
Touchstone International Equity Fund -
Excluding Sales Charge
MSCI EAFE® Index -2.59% 1.88% 9.66% -3.26% 5.91% 1.89% 5.00% --
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 and capital gains. The maximum front-end sales charge for Class A Shares of Touchstone U.S. Equity, International/Global Equity and Multi-Asset Investment Funds excluding Touchstone Flexible Income Fund is 5.00%.
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 and capital gains. Performance for Class C Shares is adjusted for the contingent deferred sales charges (CDSC) in effect at the end of the specified period. The CDSC for Class C Shares is 1.00% the first year you hold the shares and declines to 0% after the first year.
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 and capital gains. Class Y Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
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 and capital gains. Class INST Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
The performance presented for Class C, Y, and INST Shares combines the performance of an older class of shares (A Shares) from the Fund's inception, 03/01/93, with the performance since the inception date of each share class.
Prior to October 30, 2017, the performance, rating and ranking history is that of the Sentinel International Equity Fund.
as of 06/30/2019
1 Year 3 Year 5 Year 10 Year Since Inception
Touchstone International Equity Fund -
Including Sales Charge
Touchstone International Equity Fund -
Excluding Sales Charge
MSCI EAFE® Index 1.08% 9.11% 2.25% 6.90% --
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 and capital gains. The maximum front-end sales charge for Class A Shares of Touchstone U.S. Equity, International/Global Equity and Multi-Asset Investment Funds excluding Touchstone Flexible Income Fund is 5.00%.
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 and capital gains. Performance for Class C Shares is adjusted for the contingent deferred sales charges (CDSC) in effect at the end of the specified period. The CDSC for Class C Shares is 1.00% the first year you hold the shares and declines to 0% after the first year.
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 and capital gains. Class Y Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
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 and capital gains. Class INST Shares are sold at net asset value (NAV), without an initial sales charge and are not subject to a 12b-1 fee or contingent deferred sales charges.
The performance presented for Class C, Y, and INST Shares combines the performance of an older class of shares (A Shares) from the Fund's inception, 03/01/93, with the performance since the inception date of each share class.
Prior to October 30, 2017, the performance, rating and ranking history is that of the Sentinel International Equity Fund.

Consider Touchstone International Equity Fund for Your Portfolio

Touchstone International Equity Fund invests primarily in common stock of established companies across the capitalization spectrum located in or that conduct business mainly in one or more foreign countries. It seeks to provide long-term capital growth.
Contact Us Now

Morningstar Rating™

Portfolio

as of 06/30/2019
Number of Holdings
42
Active Share
94%
Weighted Average Market Capitalization
$63.2 B
Median Market Capitalization
$5.6 B
Price To Earnings Ratio
(Weighted Harmonic Average)
17.0x
Price to Book Ratio
(Weighted Harmonic Average)
2.5x
as of 06/30/2019
Composition % of Portfolio
Equities Non-U.S. Developed Markets 72.6
Equities Emerging Markets 13.1
Equities U.S. 7.2
Cash Equivalents 7.1
Data may not total due to rounding.
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 06/30/2019
Country % of Portfolio
United Kingdom 20.1
Germany 14.4
Switzerland 8.4
United States 7.2
Canada 6.1
France 5.9
India 5.3
Japan 4.9
Hong Kong 3.9
Denmark 3.4
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 06/30/2019
Sector % of Portfolio
Consumer Discretionary 22.6
Industrials 17.4
Health Care 11.7
Information Technology 10.6
Communication Services 10.2
Consumer Staples 8.8
Materials 5.6
Energy 5.1
Financials 4.7
Real Estate 3.4
Utilities 0.0
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 08/31/2019
Security Description % of Portfolio
BRENNTAG AG 4.0
ISS A/S 3.7
JCDECAUX SA 3.3
MEDTRONIC PLC 3.3
RECKITT BENCKISER GROUP PLC 3.1
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.
as of 06/30/2019
Security Description
Country
Shares Par Value
Current Price ($)
Market Value ($)
% of Portfolio
ADECCO GROUP AG CH 77,000 60.10 4,627,499 2.99
ALIBABA GROUP HOLDING LTD KY 19,000 169.45 3,219,550 2.08
BARRICK GOLD CORP CA 205,288 15.78 3,240,276 2.10
BCA MARKETPLACE PLC GB 2,180,000 3.09 6,727,433 4.35
BEFESA SA LU 72,000 39.80 2,865,492 1.85
BLACKBERRY LTD CA 419,000 7.46 3,125,740 2.02
BRENNTAG AG DE 105,000 49.07 5,152,085 3.33
COMPASS GROUP PLC GB 117,000 23.96 2,803,783 1.81
CONTINENTAL AG DE 10,000 145.80 1,457,990 0.94
CONVATEC GROUP PLC GB 1,670,000 1.85 3,094,305 2.00
CORE LABORATORIES NV NL 68,000 52.28 3,555,040 2.30
DREYFUS GOVERNMENT CASH MANAGE 12/01/2099 US 10,824,802 1.00 10,824,802 7.01
EUTELSAT COMMUNICATIONS SA FR 235,000 18.69 4,393,072 2.84
EXPERIAN PLC JE 77,000 30.29 2,332,297 1.51
FANUC CORP JP 17,500 185.81 3,251,723 2.10
FOXTONS GROUP PLC GB 1,750,000 0.67 1,177,879 0.76
FRESENIUS SE & CO KGAA DE 85,000 54.22 4,608,439 2.98
GALAXY ENTERTAINMENT GROUP LTD HK 490,000 6.73 3,296,230 2.13
GRUMA SAB DE CV MX 410,000 9.41 3,856,750 2.50
INDIAN ENERGY EXCHANGE LTD IN 1,340,000 2.09 2,797,349 1.81
INTERCONTINENTAL HOTELS GROUP GB 62,000 65.77 4,077,736 2.64
ISS A/S DK 172,000 30.23 5,200,038 3.37
ITV PLC GB 2,030,000 1.37 2,784,040 1.80
JCDECAUX SA FR 155,000 30.29 4,695,313 3.04
MASTERCARD INC US 8,000 264.53 2,116,240 1.37
MEDTRONIC PLC IE 53,500 97.39 5,210,365 3.37
NESTLE SA CH 44,000 103.52 4,554,979 2.95
NORMA GROUP SE DE 37,000 41.44 1,533,129 0.99
NORTHERN STAR RESOURCES LTD AU 210,000 8.20 1,722,804 1.11
NOVARTIS AG CH 42,000 91.29 3,834,255 2.48
OPAP SA GR 448,000 11.20 5,017,795 3.25
PC JEWELLER LTD IN 2,200,000 0.66 1,442,612 0.93
PRETIUM RESOURCES INC CA 310,000 10.01 3,103,100 2.01
RECKITT BENCKISER GROUP PLC GB 54,000 78.91 4,261,393 2.76
SAMSUNG ELECTRONICS CO LTD KR 84,000 40.72 3,420,509 2.21
SAP SE DE 36,000 137.09 4,935,306 3.19
SAVILLS PLC GB 328,000 11.37 3,730,061 2.41
SHRIRAM TRANSPORT FINANCE CO L IN 255,000 15.65 3,991,312 2.58
SILTRONIC AG DE 22,000 73.05 1,607,041 1.04
TENCENT HOLDINGS LTD KY 60,000 45.24 2,714,365 1.76
TGS NOPEC GEOPHYSICAL CO ASA NO 134,000 28.14 3,770,786 2.44
USS CO LTD JP 222,000 19.76 4,385,615 2.84
There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change. Calculations for sectors and top holdings exclude cash equivalents. Data may not total due to rounding. 
For the data illustrated for Touchstone Domestic Equity Funds, Morningstar is the source. For the data illustrated for Touchstone Fixed Income Funds,  International/Global Equity Funds and Multi-Asset Funds, the fund’s sub-advisor is the source. All holdings data is sourced from BNY Mellon Asset Servicing.

Management

Management

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

Andrew Boczek

Investment Experience since 1987 

Career Summary 
Fort Washington Investment Advisors, Inc.
Sentinel Asset Management Inc.
Legend Capital Management LLC
Artisan Partners LP 

Education 
MBA - University of Chicago Booth School of Business, with honors
BA - Cornell University, Phi Beta Kappa

Fees

Expense Fees for Share Class
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 1.36% for Class A Shares, 2.49% for Class C Shares, 0.99% for Class Y Shares and 0.89% for Class INST Shares. These expense limitations will remain in effect until at least 10/29/2019.

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

Consider Touchstone International Equity Fund for Your Portfolio

Touchstone International Equity Fund invests primarily in common stock of established companies across the capitalization spectrum located in or that conduct business mainly in one or more foreign countries. It seeks to provide long-term capital growth.
Contact Us Now

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

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