TOUCHSTONE SANDS CAPITAL INTERNATIONAL GROWTH EQUITY FUND
Fund
TPYIX
Price as of:
$8.51
+ $0.08
+ 0.95%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$8.51
$91.1 M
1.41%
$0.12
1.37%
Vitals
YTD Return
-1.6%
1 yr return
-6.7%
3 Yr Avg Return
8.9%
5 Yr Avg Return
2.6%
Net Assets
$91.1 M
Holdings in Top 10
52.4%
52 WEEK LOW AND HIGH
$8.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$8.51
$91.1 M
1.41%
$0.12
1.37%
TPYIX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return 8.9%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.34%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTOUCHSTONE SANDS CAPITAL INTERNATIONAL GROWTH EQUITY FUND
-
Fund Family NameTouchstone Funds
-
Inception DateAug 23, 2019
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Harris
Fund Description
The Fund invests, under normal market conditions, at least 80% of its assets (including borrowings for investment purposes) in equity and equity-related securities issued by companies in foreign countries. The Fund’s 80% policy is a non-fundamental investment policy that can be changed by the Fund upon 60 days’ prior notice to shareholders. The Fund invests primarily in a portfolio of equity securities such as common stock, preferred stock, and depositary receipts. The Fund will generally consider qualifying investments to be in companies of any size that are organized under the laws of, or maintain their principal place of business in a foreign country; have securities that are principally traded in such countries; or derive at least 50% of revenues or profits from, or have at least 50% of their productive assets, as determined by the Fund’s sub-adviser, Sands Capital Management, LLC (“Sands Capital”), in such countries. The Fund generally invests in a concentrated portfolio of 25 to 40 issuers, with position sizes weighted by the conviction Sands Capital has in the investment opportunity. Issuers are selected through fundamental research undertaken by Sands Capital. The Fund may also invest up to 30% of its assets in issuers in emerging market or frontier market countries. The Fund classifies emerging markets countries as those countries not included in the MSCI World Index, a developed market index. As of December 31, 2024, the countries in the MSCI World Index included: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.The country composition of the MSCI World Index can change over time. Frontier markets are those emerging market countries that have the smallest, least mature economies and least developed capital markets. In selecting securities for the Fund, Sands Capital utilizes proprietary, fundamental, business-focused research to identify companies for investment that it believes have the capacity to generate sustainable, above-average growth over a five-year time horizon. This “bottom-up” approach to investment selection focuses on a company’s long-term business fundamentals, as opposed to sector or regional allocations. Therefore, the Fund may overweight certain geographies or sectors and may underweight other geographies or sectors relative to the stated benchmark. Sands Capital seeks to identify leading growth businesses that meet the following criteria: ●Sustainable above-average earnings growth ●Leadership position in a promising business space ●Significant competitive advantage/unique business franchise ●Clear mission and value-added focus ●Financial strength ●Rational valuation relative to the market and business prospects As part of the evaluation of a company, Sands Capital may consider corporate governance, social, and environmental practices (collectively, “ESG”) when it believes such practices may be material to the long-term shareowner value-creation potential of the company. Sands Capital utilizes proprietary ESG-related research to enhance its evaluation of portfolio businesses. The relevance and materiality of ESG practices vary and are highly dependent on the region, country, industry, and company. Sands Capital’s analysis of these practices is integrated into the investment decision making process to the extent it believes they may affect a company’s value creation potential. Sands Capital generally intends for the Fund’s investments to be held for an average term of three to five years, although the Fund may hold any investment for any length of time. Sands Capital generally considers selling a security when it no longer meets the investment criteria outlined above, for risk management purposes, or if a more attractive investment opportunity presents itself.
Read More
TPYIX - Performance
Return Ranking - Trailing
| Period | TPYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -3.0% | 35.2% | 99.14% |
| 1 Yr | -6.7% | -7.6% | 66.4% | 99.66% |
| 3 Yr | 8.9%* | -0.8% | 30.8% | 97.58% |
| 5 Yr | 2.6%* | -34.2% | 34.0% | 97.69% |
| 10 Yr | N/A* | 2.5% | 41.2% | 16.85% |
* Annualized
Return Ranking - Calendar
| Period | TPYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.7% | -64.4% | 46.9% | 94.36% |
| 2024 | -1.2% | -30.9% | 19.1% | 76.24% |
| 2023 | 18.9% | -1.4% | 22.0% | 1.03% |
| 2022 | -22.5% | -90.1% | 71.3% | 91.23% |
| 2021 | 3.4% | -23.1% | 18.9% | 64.83% |
Total Return Ranking - Trailing
| Period | TPYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -3.0% | 35.2% | 99.14% |
| 1 Yr | -6.7% | -7.6% | 66.4% | 99.66% |
| 3 Yr | 8.9%* | -0.8% | 30.8% | 97.58% |
| 5 Yr | 2.6%* | -34.2% | 34.0% | 97.69% |
| 10 Yr | N/A* | 2.5% | 41.2% | 16.18% |
* Annualized
Total Return Ranking - Calendar
| Period | TPYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 10.2% | 6.6% | 54.4% | 98.46% |
| 2024 | 8.2% | -17.9% | 22.0% | 12.99% |
| 2023 | 23.8% | 3.2% | 23.8% | 0.17% |
| 2022 | -20.5% | -89.7% | 144.8% | 92.28% |
| 2021 | 11.1% | -22.6% | 56.0% | 41.39% |
NAV & Total Return History
TPYIX - Holdings
Concentration Analysis
| TPYIX | Category Low | Category High | TPYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 91.1 M | 3.54 M | 629 B | 93.33% |
| Number of Holdings | 32 | 1 | 10834 | 95.73% |
| Net Assets in Top 10 | 44.7 M | 1.03 M | 75.3 B | 86.15% |
| Weighting of Top 10 | 52.44% | 5.7% | 103.9% | 8.95% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 10.29%
- ASML Holding N.V. NY REGISTRY SHS 5.96%
- Shopify Inc COM NPV CL A 5.67%
- Galderma Group AG CHF0.01 5.29%
- Addtech AB SER'B'NPV 4.76%
- Spotify Technology S.A. COM EUR0.000625 4.38%
- Mercadolibre Inc COM USD0.001 4.20%
- VAT Group AG CHF0.10 (REGD) 4.17%
- Ajinomoto Co Inc. NPV 4.16%
- Keyence Corp. NPV 3.55%
Asset Allocation
| Weighting | Return Low | Return High | TPYIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.32% | 0.00% | 103.91% | 11.62% |
| Cash | 1.21% | -1.24% | 28.70% | 65.64% |
| Preferred Stocks | 0.00% | 0.00% | 3.20% | 96.58% |
| Other | 0.00% | -4.59% | 9.87% | 87.69% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 93.65% |
| Bonds | 0.00% | 0.00% | 146.29% | 94.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TPYIX % Rank | |
|---|---|---|---|---|
| Industrials | 23.89% | 5.17% | 99.49% | 2.46% |
| Financial Services | 23.86% | 0.18% | 45.44% | 3.51% |
| Communication Services | 14.09% | 0.00% | 21.69% | 1.93% |
| Technology | 12.78% | 0.30% | 22.37% | 37.89% |
| Healthcare | 7.04% | 0.00% | 20.35% | 93.51% |
| Consumer Cyclical | 5.70% | 0.00% | 21.37% | 97.02% |
| Basic Materials | 4.26% | 0.00% | 23.86% | 89.30% |
| Real Estate | 4.12% | 0.00% | 14.59% | 7.89% |
| Utilities | 2.83% | 0.00% | 13.68% | 44.74% |
| Consumer Defense | 1.43% | 0.00% | 32.29% | 98.95% |
| Energy | 0.00% | 0.00% | 16.89% | 99.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TPYIX % Rank | |
|---|---|---|---|---|
| Non US | 50.34% | 0.00% | 99.68% | 92.14% |
| US | 48.98% | 0.00% | 100.07% | 5.98% |
TPYIX - Expenses
Operational Fees
| TPYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.37% | 0.02% | 13.76% | 22.81% |
| Management Fee | 0.65% | 0.00% | 1.58% | 55.25% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 1.00% | 76.80% |
Sales Fees
| TPYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| TPYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TPYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 52.00% | 2.00% | 247.00% | 71.10% |
TPYIX - Distributions
Dividend Yield Analysis
| TPYIX | Category Low | Category High | TPYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.41% | 0.00% | 17.49% | 75.73% |
Dividend Distribution Analysis
| TPYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| TPYIX | Category Low | Category High | TPYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.34% | -0.77% | 3.63% | 59.58% |
Capital Gain Distribution Analysis
| TPYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.120 | OrdinaryDividend |
| Dec 11, 2024 | $0.810 | CapitalGainLongTerm |
| Dec 27, 2023 | $0.123 | OrdinaryDividend |
| Dec 13, 2023 | $0.207 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.176 | OrdinaryDividend |
| Dec 29, 2021 | $0.143 | OrdinaryDividend |
| Dec 09, 2021 | $0.500 | CapitalGainLongTerm |
| Dec 29, 2020 | $0.050 | OrdinaryDividend |
| Dec 27, 2019 | $0.031 | OrdinaryDividend |
| Dec 11, 2019 | $1.689 | CapitalGainLongTerm |
| Aug 29, 2019 | $0.014 | OrdinaryDividend |
TPYIX - Fund Manager Analysis
Managers
David Harris
Start Date
Tenure
Tenure Rank
Aug 23, 2019
2.77
2.8%
David Harris, CFA, is Chairman of Rockefeller Asset Management and a member of the Executive Team. He was previously Chief Investment Officer from 2005 through 2021, and prior to his CIO role he was the firm’s Director of Equity Management, where he led the global equity portfolio and the equity analyst team. Before joining Rockefeller, Mr. Harris worked at Stein Roe & Farnham, where he was a portfolio manager for non-U.S. and emerging market equity funds.
Michael Seo
Start Date
Tenure
Tenure Rank
Dec 07, 2020
1.48
1.5%
Michael Seo, CFA, is Managing Director and Portfolio Manager of Global Equity strategies for Rockefeller Asset Management. Mr. Seo first joined the firm in March 1999 as a Performance Analyst and subsequently assumed the role of Equity Analyst covering the global industrials sector and the role of Director of Equity Research. Mr. Seo received a B.S. in Finance and Information Systems from the Stern School of Business at New York University and is a Chartered Financial Analyst® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.45 | 3.25 |