Report 
 
      
Registrant:   Touchstone Strategic Trust — List all N-SARs

Annual Report for the 2nd-half period ended at fiscal year end:  3/31/15

Were there any Answer File errors in the Filing?  None FoundNone Found by SEC InfoNot Checked by the FilerOne or more Found by SEC Info
Was the Answer File completed by the Registrant?  Yes

Is this an Amendment to a previous Report?  No
Is this a change to a previous Report?      No
 
Registrant 
 
 1.
SEC CIK:      711080
SEC File #:   811-03651

Telephone #:  513-362-8080
 
 2.
Address:      303 Broadway, Suite 1100
              Cincinnati, OH  45202
 
 3.
Is this the first Form N-SAR filed by the Registrant?  No
 
 4.
Is this the final Form N-SAR filed by the Registrant?  No
 
 
Funds/Series 
↑Top of Form N-SAR 
     
                                                                               
 7.
Is the Registrant a Funds/Series (multiple portfolios) company?  Yes

The number of separate Funds/Series (portfolios) at period end:  8
The number of separate Funds/Series (portfolios) reported here:  8...

N-SAR S#      Fund/Series — Filings for F/S#… ⇒ Symbols 
 
↓Information Common to All 
↓
Series 23:    Touchstone Flexible Income Fund — S#38009 ⇒ FFSAX & 3 more
↓
Series 19:    Touchstone Focused Fund — S#35683 ⇒ TFOAX & 3 more
↓
Series 8:     Touchstone Growth Opportunities Fund [ now
              Growth Opportunities Fund ] — S#3125 ⇒ TGVFX & 3 more
↓
Series 20:    Touchstone International Value Fund — S#38008 ⇒ FSIEX & 3 more
↓
Series 15:    Touchstone Large Cap Growth Fund [ now
              Touchstone Non-US ESG Equity Fund ] — S#3123 ⇒ TEQAX & 3 more
↓
Series 10:    Touchstone Mid Cap Growth Fund [ now
              Mid Cap Growth Fund ] — S#3124 ⇒ TEGAX & 4 more
↓
Series 24:    Touchstone Sands Cap Emg Mkts Growth Fund [ now
              Touchstone Sands Capital Emerging Markets Growth Fund ] — S#45166 ⇒ TSEMX & TSEGX
↓
Series 21:    Touchstone Small Cap Growth Fund — S#38006 ⇒ MXCAX & 3 more
 
Family of Investment Companies 
 
19.
Is the Registrant/Series part of a “family” of investment companies?  Yes

Total number of registered management investment companies, Series
and portfolios (excluding any Unit Investment Trusts) in the family:  49

The Identification Code of the family for Form N-SAR Filings:  TOUCHSTONE
 
Investment Company Type 
 
27.
Is the Registrant an “open-end” investment company?  Yes, Open-End
 
Additional Disclosures 
 
77.
Did the Registrant file any additional Exhibits with the filing of this
Report (listed here and filed either herewith — as one of the ‘EX-99.*’
↑Exhibits in this Filing — or separately and incorporated by reference)?  Yes

EX-99.77B:  Accountant’s Report re: Internal Controls?  Yes
 
Subsidiaries 
 
78.
Does the Registrant have any wholly-owned investment company
subsidiaries whose operating and financial data are consolidated with
that of the Registrant in this Report?  No
 
 All Series
↑List of 8 Funds/Series Reported Here 

Information Common to All Funds/Series
 
 All: 
Administrator 
 
10.1
Name:         Touchstone Advisors, Inc.
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 All: 
Principal Underwriter 
 
11.1
Name:         Touchstone Securities, Inc.
SEC File #:   008-14052
Location:     Cincinnati, OH
 
 All: 
Shareholder Servicing/Transfer Agent 
 
12.1
Name:         Bny Mellon Investment Servicing (US) Inc.
SEC File #:   084-01761
Location:     Westborough, MA
 
 All: 
Independent Public Accountant 
 
13.1
Name:         Ernst & Young LLP
Location:     Cincinnati, OH
 
 All: 
Affiliated Broker/Dealer 
 
14.1
Name:         Fifth Third Bank
SEC File #:   008-02428
 
14.2
Name:         Merrill Lynch, Pierce, Fenner & Smith Inc.
SEC File #:   008-07221
 
14.3
Name:         Pershing LLC
SEC File #:   008-17574
 
14.4
Name:         Touchstone Securities, Inc.
SEC File #:   008-14052
 
14.5
Name:         W&S Brokerage Services, Inc.
SEC File #:   008-24674
 
 All: 
Custodian 
 
15.1
Name:         Brown Brothers Harriman & Co.
Role:         Custodian
Location:     Boston, MA

Type of custody:  Section 17(f)(1) — Bank
 
18.
Does the Registrant’s/Series’ Custodian(s) maintain some or all of the
Registrant’s/Series’ securities in a central depository or book-entry
system pursuant to Rule 17f-4?  Yes
 
 All: 
Brokerage Commissions Paid on Portfolio Transactions 
 
20.
The brokers who received the largest amount of gross brokerage
commissions during the period:
 
20.1
Broker:       Credit Suisse Group AG
IRS #:        05-0546650
Commissions paid ($000s):  267
 
20.2
Broker:       Knight Capital Group, Inc.
IRS #:        22-3660471
Commissions paid ($000s):  261
 
20.3
Broker:       JP Morgan Chase & Co.
IRS #:        13-3224016
Commissions paid ($000s):  253
 
20.4
Broker:       Bank of New York Mellon Corp.
IRS #:        13-5160382
Commissions paid ($000s):  217
 
20.5
Broker:       Maxim Group LLC
IRS #:        04-3640096
Commissions paid ($000s):  138
 
20.6
Broker:       Executioin Ltd.
Commissions paid ($000s):  125
 
20.7
Broker:       Bernstein, Sanford C. & Co., Inc.
IRS #:        13-2625874
Commissions paid ($000s):  119
 
20.8
Broker:       Bank of America
IRS #:        56-2058405
Commissions paid ($000s):  119
 
20.9
Broker:       Morgan Stanley & Co., LLC
IRS #:        13-2655998
Commissions paid ($000s):  115
 
20.10
Broker:       Benchmark Securities
Commissions paid ($000s):  102
 
21.
Total brokerage commissions paid by the Registrant during the period:
  Aggregate paid ($000s):  2,846
 
 All: 
Portfolio Transactions with Entities Acting as Principals 
 
22.
The entities acting as principals with whom the Registrant did the
largest amount of portfolio transactions, based on total value of
principal, during the period:
 
22.1
Entity:       WFC Holdings Corp.
IRS #:        41-1921346
Registrant’s purchases ($000s):  23,449
Registrant’s sales ($000s):  17,931
 
22.2
Entity:       Barclays plc
IRS #:        05-0346412
Registrant’s purchases ($000s):  14,276
Registrant’s sales ($000s):  18,568
 
22.3
Entity:       JPMorgan Chase & Co.
IRS #:        13-3379014
Registrant’s purchases ($000s):  27,019
Registrant’s sales ($000s):  5,034
 
22.4
Entity:       Bank of America
IRS #:        56-2058405
Registrant’s purchases ($000s):  29,158
Registrant’s sales ($000s):  2,563
 
22.5
Entity:       Morgan Stanley & Co., LLC
IRS #:        13-2655998
Registrant’s purchases ($000s):  17,967
Registrant’s sales ($000s):  4,177
 
22.6
Entity:       Royal Bank of Scotland
Registrant’s purchases ($000s):  9,530
Registrant’s sales ($000s):  11,984
 
22.7
Entity:       Credit Suisse Group AG
IRS #:        05-0546650
Registrant’s purchases ($000s):  16,714
Registrant’s sales ($000s):  3,786
 
22.8
Entity:       Anz Capital Markets
Registrant’s purchases ($000s):  12,893
Registrant’s sales ($000s):  7,331
 
22.9
Entity:       Citigroup Inc.
IRS #:        52-1568099
Registrant’s purchases ($000s):  11,324
Registrant’s sales ($000s):  6,174
 
22.10
Entity:       ING Group
IRS #:        04-2455153
Registrant’s purchases ($000s):  7,980
Registrant’s sales ($000s):  4,308
 
23.
Total purchase/sale transactions by the Registrant during the period:
   Aggregate purchases ($000s):  2,018,936
   Aggregate sales ($000s):  2,094,625
 
 All: 
Considerations which Affected the Participation of Brokers or Dealers 
 
26.
Considerations which affected the participation of brokers or dealers or
other entities in commissions or other compensation paid on portfolio
transactions of the Registrant:

Consideration?
Sales of the Registrant’s/Series’ shares ...............................  Yes
Receipt of investment research and statistical info ....................  Yes
Receipt of quotations for portfolio valuations .........................  No
Ability to execute portfolio transactions to obtain the best price
  and execution ........................................................  Yes
Receipt of telephone line and wire services ............................  No
Broker or Dealer which is an affiliated person .........................  No
An arrangement to return or credit part or all of commissions or
  profits thereon...
    To an Investment Adviser or Principal Underwriter, or to an
      affiliated person of either ......................................  No
    To the Registrant ..................................................  Yes
Other ..................................................................  No
 
 All: 
Advisory Fee 
 
49.
Was the Registrant’s/Series’ advisory fee during the period based solely
on a percentage of its income?  No
 
50.
Was the Registrant’s/Series’ advisory fee during the period based on
some combined percentage of its income and assets?  No
 
51.
Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on its investment performance?  No
 
52.
Was the Registrant’s/Series’ advisory fee during the period based in
whole or in part on the assets, income or performance of other
Registrants?  No
 
53.
Were the expenses of the Registrant/Series limited or reduced at any
time during the period by some agreement or understanding other than by
Blue Sky Laws?  Yes

Was the limitation that applied during the period based on...
    Assets?   Yes
    Income?   No
 
54.
Indicated below are whether services were supplied or paid for wholly or
in substantial part by Investment Adviser(s) or Administrator(s) in
connection with the advisory or administrative contract(s) but for which
the Adviser(s) or Administrator(s) are not reimbursed by the Registrant:

Provided to the Registrant?
Occupancy and office rental ............................................  Yes
Clerical and bookkeeping services ......................................  No
Accounting services ....................................................  No
Services of independent auditors .......................................  No
Services of outside counsel ............................................  No
Registration and filing fees ...........................................  No
Stationery, supplies and printing ......................................  No
Salaries & compensation of Registrant’s interested Directors ...........  Yes
Salaries & compensation of Registrant’s disinterested Directors ........  No
Salaries & compensation of Registrant’s Officers who aren’t Directors ..  Yes
Reports to current shareholders ........................................  No
Determination of offering and redemption prices ........................  No
Trading department .....................................................  No
Prospectus preparation and printing for current shareholders ...........  No
Other ..................................................................  Yes
 
 All: 
Fidelity Bond in Effect at Fiscal Year End 
 
80.
Insurer:      ST. Paul Fire & Marine Insurance Co.
2nd Insurer:  N/A

Aggregate face amount of coverage for the Registrant/Series on all bonds
on which it is named as an insured ($000s):  11,000
 
81.
Is the bond part of a joint fidelity bond(s) shared with other
investment companies or other entities?  Yes

How many other investment companies or other entities are covered by the
bond (counting each Fund/Series as a separate investment company):  41
 
82.
Does the mandatory coverage of the fidelity bond have a deductible?  No
 
83.
Were any claims with respect to this Registrant/Series filed under the
bond during the period?  No
 
84.
Were any losses incurred with respect to this Registrant/Series that
could have been filed as a claim under the fidelity bond but were not?  No
 
85.
Are the Registrant’s/Series’ Officers and Directors covered as Officers
and Directors of the Registrant/Series under any errors and omissions
insurance policy owned by the Registrant/Series or anyone else?  Yes

Were any claims filed under such policy during the period with respect
to the Registrant/Series?  No
 
 Series 8
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Growth Opportunities Fund [ now
              Growth Opportunities Fund ] — S#3125 ⇒ TGVFX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S 8: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Westfield Capital Management Co., L.P.
Role:         Sub-Adviser
SEC File #:   801-34350
Location:     Boston, MA
 
 S 8: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1
Name:         Citigroup Inc.
IRS #:        52-1568099
Type of security owned:  Equity
Value of securities owned at period end ($000s):  4,171
 
 S 8: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 3,943
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 3,403
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 2,527
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 8,213
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 5,366
      Reinvestment of dividends and distributions ................
 31,092
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 6,894
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 2,175
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 5,718
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 7,758
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 2,220
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 2,801
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 3,317

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 24,570
      Reinvestment of dividends and distributions ................
 31,092
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 29,765

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  921
 
 S 8: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  63

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  9

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  54
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  0
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S 8: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 71
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 29
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  245
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  127
 
 S 8: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  500,000
        Annual rate:  0.75%
      Of next $000s:  500,000
        Annual rate:  0.7%
      & Above $000s:  1,000,000
        Annual rate:  0.65%
 
 S 8: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S 8: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  No
    Growth?                           Yes
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S 8: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      No        –
Writing or investing in options on stock indices?        No        –
Writing or investing in interest rate futures?           No        –
Writing or investing in stock index futures?             No        –
Writing or investing in options on futures?              No        –
Writing or investing in options on stock index futures?  No        –
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S 8: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  241,236
Sales ($000s):      250,709

Monthly average Value of portfolio ($000s):  277,996

Percent turnover (lesser of Purchases or Sales, divided by Value):  87%
 
 S 8: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 2,156
Account maintenance fees .........................................
 –
Net other income .................................................
 7

Expenses  ($000s)
Advisory fees ....................................................
 2,106
Administrator fees ...............................................
 439
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 141
Custodian fees ...................................................
 15
Postage ..........................................................
 –
Printing expenses ................................................
 40
Directors’ fees ..................................................
 12
Registration fees ................................................
 46
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 18
Legal fees .......................................................
 8
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 245
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 52
Total expenses ...................................................
 3,122

Expense reimbursements ($000s):   284

Net investment income ($000s):    -675

Realized capital gains ($000s):   34,721
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  6,533
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  0
Dividends for a second class of shares ($000s):  134

Total capital gains distributions for which the record date passed
during the period ($000s):  32,238
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $3.9917
Other distributions:            $0.0000
 
 S 8: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 1
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 295,253
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 19,046
Receivables from portfolio instruments sold ......................
 –
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 834
All other assets .................................................
 14
Total assets .....................................................
 315,148

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 920
Amounts owed to affiliated persons ...............................
 236
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 8,928

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 305,064

Number of shares outstanding (000s):   1,949
Number of shares outstanding of a second class of shares (000s):  7,132

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  3,732

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  280,853
 
 Series 10
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Mid Cap Growth Fund [ now
              Mid Cap Growth Fund ] — S#3124 ⇒ TEGAX & 4 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S10: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Westfield Capital Management Co., L.P.
Role:         Sub-Adviser
SEC File #:   801-34350
Location:     Boston, MA
 
 S10: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S10: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 25,418
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 31,754
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 13,509
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17,852
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 22,802
      Reinvestment of dividends and distributions ................
 88,762
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 27,649
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 18,082
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 16,453
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 74,067
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 68,581
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 19,942
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 19,144

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 173,820
      Reinvestment of dividends and distributions ................
 88,762
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 181,433

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  2,664
 
 S10: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  260

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  38

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  222
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  1
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S10: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 76
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 24
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  2,147
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  534
 
 S10: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  500,000
        Annual rate:  0.75%
      Of next $000s:  500,000
        Annual rate:  0.7%
      & Above $000s:  1,000,000
        Annual rate:  0.65%
 
 S10: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S10: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  No
    Growth?                           No
    Growth and income?                Yes
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S10: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      No        –
Writing or investing in options on stock indices?        No        –
Writing or investing in interest rate futures?           No        –
Writing or investing in stock index futures?             No        –
Writing or investing in options on futures?              No        –
Writing or investing in options on stock index futures?  No        –
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S10: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  539,807
Sales ($000s):      597,366

Monthly average Value of portfolio ($000s):  743,834

Percent turnover (lesser of Purchases or Sales, divided by Value):  73%
 
 S10: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 5,940
Account maintenance fees .........................................
 –
Net other income .................................................
 11

Expenses  ($000s)
Advisory fees ....................................................
 5,570
Administrator fees ...............................................
 1,187
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 1,005
Custodian fees ...................................................
 24
Postage ..........................................................
 –
Printing expenses ................................................
 121
Directors’ fees ..................................................
 12
Registration fees ................................................
 71
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 19
Legal fees .......................................................
 22
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 2,147
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 117
Total expenses ...................................................
 10,295

Expense reimbursements ($000s):   0

Net investment income ($000s):    -4,344

Realized capital gains ($000s):   80,962
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  39,285
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  0

Total capital gains distributions for which the record date passed
during the period ($000s):  99,533
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $3.4886
Other distributions:            $0.0000
 
 S10: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 –
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 818,644
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 17,272
Receivables from portfolio instruments sold ......................
 –
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 17,296
All other assets .................................................
 20
Total assets .....................................................
 853,232

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 10,752
Amounts owed to affiliated persons ...............................
 809
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 12,474

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 829,197

Number of shares outstanding (000s):   17,837
Number of shares outstanding of a second class of shares (000s):  14,615

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  9,644

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  760,002
 
 Series 15
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Large Cap Growth Fund [ now
              Touchstone Non-US ESG Equity Fund ] — S#3123 ⇒ TEQAX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S15: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Navellier & Associates, Inc.
Role:         Sub-Adviser
Location:     Reno, NV
 
 S15: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S15: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 6,512
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 12,035
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 3,802
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 16,688
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 16,875
      Reinvestment of dividends and distributions ................
 115,370
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 39,759
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 10,565
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17,116
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 21,425
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17,335
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 13,956
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 52,898

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 73,135
      Reinvestment of dividends and distributions ................
 115,370
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 155,831

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  1,905
 
 S15: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  196

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  29

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  167
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  1
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S15: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 72
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 28
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  1,797
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  684
 
 S15: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  200,000
        Annual rate:  0.75%
      Of next $000s:  800,000
        Annual rate:  0.7%
      & Above $000s:  1,000,000
        Annual rate:  0.65%
 
 S15: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S15: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  No
    Growth?                           Yes
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S15: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes      No
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S15: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  850,187
Sales ($000s):      1,192,081

Monthly average Value of portfolio ($000s):  867,856

Percent turnover (lesser of Purchases or Sales, divided by Value):  98%
 
 S15: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 13,889
Account maintenance fees .........................................
 –
Net other income .................................................
 70

Expenses  ($000s)
Advisory fees ....................................................
 6,222
Administrator fees ...............................................
 1,371
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 896
Custodian fees ...................................................
 25
Postage ..........................................................
 –
Printing expenses ................................................
 106
Directors’ fees ..................................................
 12
Registration fees ................................................
 68
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 18
Legal fees .......................................................
 25
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 1,797
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 148
Total expenses ...................................................
 10,688

Expense reimbursements ($000s):   178

Net investment income ($000s):    3,449

Realized capital gains ($000s):   138,414
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  0
Net unrealized depreciation during the period ($000s):  6,842

Total income dividends for which the record date passed during the
period ($000s):  481
Dividends for a second class of shares ($000s):  1,346

Total capital gains distributions for which the record date passed
during the period ($000s):  130,720
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $5.7786
Other distributions:            $0.0000
 
 S15: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 –
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 759,920
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 3,693
Receivables from portfolio instruments sold ......................
 49,280
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 1,669
All other assets .................................................
 25
Total assets .....................................................
 814,587

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 31,590
Amounts owed to affiliated persons ...............................
 793
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 2,606

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 779,598

Number of shares outstanding (000s):   8,369
Number of shares outstanding of a second class of shares (000s):  16,902

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  11,633

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  874,705
 
 Series 19
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Focused Fund — S#35683 ⇒ TFOAX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S19: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Fort Washington Investment Advisors, Inc.
Role:         Sub-Adviser
SEC File #:   801-37235
Location:     Cincinnati, OH
 
 S19: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1
Name:         Bank of America
IRS #:        56-2058405
Type of security owned:  Equity
Value of securities owned at period end ($000s):  48,493
 
25.2
Name:         Bank of New York Mellon Corp.
IRS #:        13-5160382
Type of security owned:  Equity
Value of securities owned at period end ($000s):  64,061
 
 S19: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 9,093
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 23,692
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 8,184
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 12,491
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 11,633
      Reinvestment of dividends and distributions ................
 4,139
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 14,165
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 9,202
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 10,896
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 6,902
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 11,420
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 7,880
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 27,579

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 52,894
      Reinvestment of dividends and distributions ................
 4,139
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 100,243

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  1,488
 
 S19: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  203

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  32

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  171
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  1
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S19: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 68
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 32
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  789
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  644
 
 S19: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  100,000
        Annual rate:  0.7%
      Of next $000s:  400,000
        Annual rate:  0.65%
      & Above $000s:  500,000
        Annual rate:  0.6%
 
 S19: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  No
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S19: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S19: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S19: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  398,581
Sales ($000s):      344,188

Monthly average Value of portfolio ($000s):  1,038,297

Percent turnover (lesser of Purchases or Sales, divided by Value):  33%
 
 S19: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 19,152
Account maintenance fees .........................................
 –
Net other income .................................................
 115

Expenses  ($000s)
Advisory fees ....................................................
 6,817
Administrator fees ...............................................
 1,697
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 1,553
Custodian fees ...................................................
 23
Postage ..........................................................
 –
Printing expenses ................................................
 95
Directors’ fees ..................................................
 12
Registration fees ................................................
 80
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 17
Legal fees .......................................................
 32
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 789
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 575
Total expenses ...................................................
 11,690

Expense reimbursements ($000s):   858

Net investment income ($000s):    8,435

Realized capital gains ($000s):   91,239
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  0
Net unrealized depreciation during the period ($000s):  25,278

Total income dividends for which the record date passed during the
period ($000s):  967
Dividends for a second class of shares ($000s):  3,417

Total capital gains distributions for which the record date passed
during the period ($000s):  0
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S19: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 9
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 1,088,092
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 81,222
Receivables from portfolio instruments sold ......................
 7,184
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 2,623
All other assets .................................................
 23
Total assets .....................................................
 1,179,153

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 2,718
Amounts owed to affiliated persons ...............................
 732
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 60,670

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 1,115,033

Number of shares outstanding (000s):   8,252
Number of shares outstanding of a second class of shares (000s):  21,400

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  59,533

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  1,086,230
 
 Series 20
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone International Value Fund — S#38008 ⇒ FSIEX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S20: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Barrow, Hanley, Mewhinney & Strauss, LLC
Role:         Sub-Adviser
SEC File #:   801-31237
Location:     Dallas, TX
 
 S20: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1
Name:         Barclays Bank
IRS #:        05-0346412
Type of security owned:  Equity
Value of securities owned at period end ($000s):  1,153
 
25.2
Name:         Credit Suisse
IRS #:        13-5659485
Type of security owned:  Equity
Value of securities owned at period end ($000s):  2,369
 
25.3
Name:         ING Group
IRS #:        04-2455153
Type of security owned:  Equity
Value of securities owned at period end ($000s):  3,582
 
 S20: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 887
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 1,347
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 1,753
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 2,028
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 596
      Reinvestment of dividends and distributions ................
 3,574
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 983
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 938
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 1,028
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 1,632
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 595
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 1,239
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 1,801

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 7,045
      Reinvestment of dividends and distributions ................
 3,574
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 7,782

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  50
 
 S20: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  6

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  1

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  5
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  0
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S20: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 60
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 40
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  18
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  29
 
 S20: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  1.0%
    Step-fee rates:
      For 1st $000s:  0
        Annual rate:  0.0%
 
 S20: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S20: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  Yes
 
69.
Is the Registrant/Series an index Fund?  No
 
 S20: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      No        –
Purchases/sales by certain exempted affiliated persons?  No        –
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S20: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  30,223
Sales ($000s):      43,872

Monthly average Value of portfolio ($000s):  118,167

Percent turnover (lesser of Purchases or Sales, divided by Value):  26%
 
 S20: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 3,828
Account maintenance fees .........................................
 –
Net other income .................................................
 121

Expenses  ($000s)
Advisory fees ....................................................
 1,206
Administrator fees ...............................................
 189
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 39
Custodian fees ...................................................
 40
Postage ..........................................................
 –
Printing expenses ................................................
 38
Directors’ fees ..................................................
 12
Registration fees ................................................
 20
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 19
Auditing fees ....................................................
 31
Legal fees .......................................................
 4
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 18
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 19
Total expenses ...................................................
 1,635

Expense reimbursements ($000s):   376

Net investment income ($000s):    2,690

Realized capital gains ($000s):   5,216
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  0
Net unrealized depreciation during the period ($000s):  13,187

Total income dividends for which the record date passed during the
period ($000s):  187
Dividends for a second class of shares ($000s):  3,600

Total capital gains distributions for which the record date passed
during the period ($000s):  0
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S20: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 72
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 110,713
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 9,094
Receivables from portfolio instruments sold ......................
 –
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 489
All other assets .................................................
 6
Total assets .....................................................
 120,374

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 665
Amounts owed to affiliated persons ...............................
 86
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 6,395

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 113,228

Number of shares outstanding (000s):   628
Number of shares outstanding of a second class of shares (000s):  12,832

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  1,035

Total value of assets in segregated accounts ($000s):  2,842
 
75.
Monthly average net assets during the period ($000s):  120,554
 
 Series 21
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Small Cap Growth Fund — S#38006 ⇒ MXCAX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S21: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Apex Capital Management, Inc.
Role:         Sub-Adviser
SEC File #:   801-42460
Location:     Dayton, OH
 
 S21: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S21: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 12,441
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 2,595
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 52,039
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 2,313
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 46,806
      Reinvestment of dividends and distributions ................
 3,646
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 6,306
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 41,205
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 4,316
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 29,341
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 5,599
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 44,927
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 7,627

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 226,759
      Reinvestment of dividends and distributions ................
 3,646
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 28,756

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  1,459
 
 S21: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  99

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  15

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  84
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  0
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S21: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 44
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 56
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  161
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  166
 
 S21: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  300,000
        Annual rate:  1.0%
      & Above $000s:  300,000
        Annual rate:  0.95%
 
 S21: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S21: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S21: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes      No
Writing or investing in options on debt securities?      Yes      No
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes      No
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes      No
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        No        –
Short selling?                                           No        –
 
 S21: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  322,213
Sales ($000s):      81,670

Monthly average Value of portfolio ($000s):  177,659

Percent turnover (lesser of Purchases or Sales, divided by Value):  46%
 
 S21: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 1,035
Account maintenance fees .........................................
 –
Net other income .................................................
 290

Expenses  ($000s)
Advisory fees ....................................................
 1,821
Administrator fees ...............................................
 280
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 185
Custodian fees ...................................................
 25
Postage ..........................................................
 –
Printing expenses ................................................
 38
Directors’ fees ..................................................
 12
Registration fees ................................................
 100
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 18
Legal fees .......................................................
 5
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 161
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 30
Total expenses ...................................................
 2,675

Expense reimbursements ($000s):   359

Net investment income ($000s):    -991

Realized capital gains ($000s):   9,264
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  24,012
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  0

Total capital gains distributions for which the record date passed
during the period ($000s):  5,357
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.1306
Other distributions:            $0.0000
 
 S21: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 186
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 360,788
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 65,922
Receivables from portfolio instruments sold ......................
 –
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 4,671
All other assets .................................................
 40
Total assets .....................................................
 431,607

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 –
Amounts owed to affiliated persons ...............................
 300
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 58,292

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 373,015

Number of shares outstanding (000s):   8,613
Number of shares outstanding of a second class of shares (000s):  51,576

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  1,756

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  182,371
 
 Series 23
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Flexible Income Fund — S#38009 ⇒ FFSAX & 3 more

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S23: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Cleararc Capital, Inc.
Role:         Sub-Adviser
SEC File #:   801-11184
Location:     Cincinnati, OH
 
 S23: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  Yes

25.

The brokers or dealers, or their parents (issuers):
 
25.1
Name:         JP Morgan Chase & Co.
IRS #:        13-3224016
Type of security owned:  Debt
Value of securities owned at period end ($000s):  12,948
 
25.2
Name:         WFC Holdings Corp.
IRS #:        41-1921346
Type of security owned:  Debt
Value of securities owned at period end ($000s):  8,553
 
25.3
Name:         Bank of America
IRS #:        56-2058405
Type of security owned:  Debt
Value of securities owned at period end ($000s):  6,553
 
25.4
Name:         Citigroup Inc.
IRS #:        52-1568099
Type of security owned:  Equity
Value of securities owned at period end ($000s):  4,914
 
25.5
Name:         Morgan Stanley & Co., Inc.
IRS #:        13-2655998
Type of security owned:  Debt
Value of securities owned at period end ($000s):  4,509
 
25.6
Name:         Citigroup Inc.
IRS #:        52-1568099
Type of security owned:  Debt
Value of securities owned at period end ($000s):  2,728
 
25.7
Name:         Morgan Stanley & Co., Inc.
IRS #:        13-2655998
Type of security owned:  Debt
Value of securities owned at period end ($000s):  2,089
 
 S23: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 19,647
      Reinvestment of dividends and distributions ................
 370
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 4,368
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 25,679
      Reinvestment of dividends and distributions ................
 468
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 3,659
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 11,927
      Reinvestment of dividends and distributions ................
 1,030
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 15,965
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 26,248
      Reinvestment of dividends and distributions ................
 225
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 14,893
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 12,832
      Reinvestment of dividends and distributions ................
 324
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 17,450
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 25,332
      Reinvestment of dividends and distributions ................
 636
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 5,363

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 121,665
      Reinvestment of dividends and distributions ................
 3,053
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 61,698

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  1,104
 
 S23: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  Yes
 
30.
Total front-end sales loads collected from sales (including exchanges)
by Principal Underwriter or by any underwriter which is an affiliated
person of the Principal Underwriter, of the Registrant’s/Series’ shares
during the period ($000s):  75

The maximum sales load rate in effect at period end as a percentage of
the offering price:  5.75%
The minimum sales load rate in effect at period end as a percentage of
the offering price:  0.0%
 
31.
Net amount retained by the Registrant’s/Series’ Principal Underwriter or
by any underwriter or dealer which is an affiliated person of the
Principal Underwriter thereof from front-end sales loads collected from
sales of the Registrant’s/Series’ shares during the period ($000s):  12

Amount by which payout by the Registrant’s/Series’ Principal Underwriter
or by any underwriter which is an affiliated person of the Principal
Underwriter thereof to persons or entities selling the
Registrant’s/Series’ shares exceeded that reported in Item 30 ($000s):  0
 
32.
Amount the Registrant’s/Series’ Principal Underwriter and any
underwriters or dealers which are affiliated persons of the Principal
Underwriter paid to dealers which are not affiliated persons of the
Principal Underwriter for selling the Registrant’s/Series’ shares that
were sold with a front-end sales load during the period ($000s):  63
 
33.
Amount paid to a captive retail sales force of the Registrant’s/Series’
Principal Underwriter or of any underwriter or dealer which is an
affiliated person of the Principal Underwriter for selling the
Registrant’s shares that were sold with a front-end sales load during
the period ($000s):  0
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  Yes
 
35.
Total deferred or contingent deferred sales loads collected during the
period from redemptions and repurchases of the Registrant’s/Series’
shares ($000s):  2
 
36.
Did the Registrant/Series retain all monies collected from the deferred
or contingent deferred sales loads during the period?  No

The net amount the Registrant/Series retained from deferred or
contingent deferred sales loads ($000s):  0
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S23: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 53
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 47
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  293
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  189
 
 S23: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  0.0%
    Step-fee rates:
      For 1st $000s:  500,000
        Annual rate:  0.7%
      & Above $000s:  500,000
        Annual rate:  0.6%
 
 S23: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S23: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  Yes

Was the Registrant/Series a diversified investment company at the end of
the period?  Yes
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  No
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     Yes
 
67.
Is the Registrant/Series a “balanced” Fund?  Yes
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S23: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             No        –
Writing or investing in options on debt securities?      No        –
Writing or investing in options on stock indices?        No        –
Writing or investing in interest rate futures?           Yes      No
Writing or investing in stock index futures?             Yes to both
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes to both
Writing or investing in other commodity futures?         No        Yes!
Investments in restricted securities?                    Yes to both
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes to both
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  No        –
Margin purchases?                                        Yes to both
Short selling?                                           No        –
 
 S23: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  278,615
Sales ($000s):      362,449

Monthly average Value of portfolio ($000s):  272,092

Percent turnover (lesser of Purchases or Sales, divided by Value):  102%
 
 S23: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  12

Income  ($000s)
Net interest income ..............................................
 8,488
Net dividend income ..............................................
 5,770
Account maintenance fees .........................................
 –
Net other income .................................................
 25

Expenses  ($000s)
Advisory fees ....................................................
 1,983
Administrator fees ...............................................
 441
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 209
Custodian fees ...................................................
 30
Postage ..........................................................
 –
Printing expenses ................................................
 33
Directors’ fees ..................................................
 12
Registration fees ................................................
 49
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 22
Legal fees .......................................................
 36
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 293
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 66
Total expenses ...................................................
 3,174

Expense reimbursements ($000s):   549

Net investment income ($000s):    11,658

Realized capital gains ($000s):   2,518
Realized capital losses ($000s):  0

Net unrealized appreciation during the period ($000s):  847
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  2,039
Dividends for a second class of shares ($000s):  10,977

Total capital gains distributions for which the record date passed
during the period ($000s):  0
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S23: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 825
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 213,648
Preferred, conv. preferred and adjustable-rate preferred stock ...
 82,521
Common stock .....................................................
 21,517
Options on equities ..............................................
 358
Options on all futures ...........................................
 –
Other investments ................................................
 33,687
Receivables from portfolio instruments sold ......................
 2,058
Receivables from affiliated persons ..............................
 –
Other receivables ................................................
 3,608
All other assets .................................................
 276
Total assets .....................................................
 358,498

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 4,627
Amounts owed to affiliated persons ...............................
 203
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 12,308

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 341,360

Number of shares outstanding (000s):   5,518
Number of shares outstanding of a second class of shares (000s):  26,443

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  3,874

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  283,280
 
 Series 24
↑Information Common to All Funds/Series  ↑List of 8 Funds/Series 
 
 7.
Name:         Touchstone Sands Cap Emg Mkts Growth Fund [ now
              Touchstone Sands Capital Emerging Markets Growth Fund ] — S#45166 ⇒ TSEMX & TSEGX

Is this the final Form N-SAR filed for this Fund/Series?  No
 
 S24: 
Investment Adviser 
 
 8.1
Name:         Touchstone Advisors, Inc.
Role:         Adviser
SEC File #:   801-45963
Location:     Cincinnati, OH
 
 8.2
Name:         Sands Capital Management LLC
Role:         Sub-Adviser
SEC File #:   801-64820
Location:     Arlington, VA
 
 S24: 
Holdings of Securities Issued by Registrant’s/Series’ Brokers or Dealers 
 
24.
At period end, did the Registrant/Series hold any securities of the
Registrant’s/Series’ regular brokers or dealers, or of the parents of
such brokers or dealers, that derive more than 15% of gross revenue from
securities-related activities?  No
 
 S24: 
Sales and Repurchases 
 
28.
Monthly total Net Asset Value (NAV) of sales and repurchases of the
Registrant’s/Series’ shares:
 
1st Month of period:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 11,415
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 4,009
2nd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 10,354
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 8,473
3rd Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 5,117
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 38,509
4th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 2,164
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 283
5th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 2,594
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 144
6th Month:
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 6,389
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 586

Total of all months:  ($000s)
    Total NAV of shares sold:
      New sales (including exchanges) ............................
 38,033
      Reinvestment of dividends and distributions ................
 –
      Other ......................................................
 –
    Total NAV of shares redeemed & repurchased (inc. exchanges) ..
 52,004

Total NAV of the Registrant’s/Series’ share sales during the period
subject to a sales load ($000s):  0
 
 S24: 
Sales Load (Front-End or Deferred) and Fees (Redemption or Maintenance) 
 
29.
Was a front-end sales load deducted from any share sales during the
period?  No
 
34.
Did the Registrant/Series impose a deferred or contingent deferred sales
load during the period?  No
 
37.
Did the Registrant/Series impose a redemption fee other than a deferred
or contingent sales load during the period?  No
 
39.
Were any account maintenance fees or other administrative fees imposed
directly on shareholders during the period?  No
 
 S24: 
Payment Plan for the Distribution of Fund Shares 
 
40.
During the period, did the Registrant/Series have a plan of distribution
adopted pursuant to Rule 12b-1?  Yes
 
41.
During the period, did the Registrant/Series use its assets directly to
make payments under the 12b-1 plan?  Yes
 
42.
For the period, the percentage of total dollars paid directly by the
Registrant/Series under the 12b-1 plan for each of the following:

Percentage of Total Amount Paid  (%)
Advertising ............................................................
 –
Printing & mailing of prospectuses to other than current shareholders ..
 –
Payments to underwriters ...............................................
 –
Payments to brokers or dealers .........................................
 –
Direct payments to sales personnel .....................................
 –
Payments to banks and savings & loans ..................................
 –
Other uses, including payments to its Investment Adviser separate
  from the advisory fee ................................................
 –
Unallocated payments made for a combination of such services ...........
 –
 
43.
Total amount paid directly by the Registrant/Series pursuant to its
12b-1 plan ($000s):  0
 
44.
If an Investment Adviser or other affiliated person of the
Registrant/Series made unreimbursed payments pursuant to the 12b-1 plan,
the total amount of such payments ($000s):  0
 
 S24: 
Advisory Fee 
 
45.
Did the Registrant/Series have an advisory contract during the period?  Yes
 
46.
Did the Registrant/Series pay more than one Investment Adviser directly
for investment advice during the period?  No
 
47.
Was the Registrant’s/Series’ advisory fee based solely on a percentage
of its assets?  Yes
 
48.
Fee (single rate or step rates) applied to the Registrant’s/Series’
assets based on the advisory contract:
    Single-fee rate:  1.15%
    Step-fee rates:
      For 1st $000s:  0
        Annual rate:  0.0%
 
 S24: 
Miscellaneous Info 
 
55.
Did the Registrant/Series have any of the following outstanding at any
time during the period which exceeded 1% of aggregate net assets:
    Overdrafts?  Yes
    Bank loans?  No
 
56.
During the period, did the Registrant’s/Series’ Investment Adviser(s)
have advisory clients other than investment companies?  No
 
57.
Did the Registrant/Series adjust the number of its shares outstanding by
means of a stock split or stock dividend?  No
 
 S24: 
Classification and Asset Allocation 
 
58.
Is the Registrant/Series a Separate Account of an insurance company?  No
 
59.
Is the Registrant/Series a management investment company?  Yes
 
60.
Was the Registrant/Series a diversified investment company at any time
during the period?  No

Was the Registrant/Series a diversified investment company at the end of
the period?  No
 
61.
The lowest minimum initial investment required by the Registrant/Series
from an investor that is not an employee or otherwise affiliated with
the Registrant/Series, its Investment Adviser, Principal Underwriter or
other affiliated entity:  $2,500
 
62.
Does the Registrant/Series invest primarily in debt securities,
including convertible debt securities, options & futures on debt
securities or indices of debt securities?  No
 
66.
Is the Registrant/Series a Fund that usually invests in equity
securities, options & futures on equity securities, indices of equity
securities or securities convertible into equity securities?  Yes

Which best describes its primary investment objective:

    Aggressive capital appreciation?  No
               Capital appreciation?  Yes
    Growth?                           No
    Growth and income?                No
               Income?                No
    Total return?                     No
 
67.
Is the Registrant/Series a “balanced” Fund?  No
 
68.
Does the Registrant/Series have more than 50% of its net assets at
period end invested in the securities of issuers...
    Engaged primarily in production or distribution of precious metals?  No
    Located primarily in countries other than the United States?  No
 
69.
Is the Registrant/Series an index Fund?  No
 
 S24: 
Investment Practices 
 
70.
Activities that are permitted by the Registrant’s/Series’ investment
policies, and which were engaged in during the period:

Activity                                            Permitted Engaged In
Writing or investing in repurchase agreements?           Yes      No
Writing or investing in options on equities?             Yes to both
Writing or investing in options on debt securities?      No        –
Writing or investing in options on stock indices?        Yes      No
Writing or investing in interest rate futures?           No        –
Writing or investing in stock index futures?             Yes      No
Writing or investing in options on futures?              Yes      No
Writing or investing in options on stock index futures?  Yes      No
Writing or investing in other commodity futures?         No        –
Investments in restricted securities?                    Yes      No
Investments in shares of other investment companies?     Yes to both
Investments in securities of foreign issuers?            Yes to both
Currency exchange transactions?                          Yes to both
Loaning portfolio securities?                            Yes      No
Borrowing of money?                                      Yes      No
Purchases/sales by certain exempted affiliated persons?  Yes      No
Margin purchases?                                        Yes      No
Short selling?                                           No        –
 
 S24: 
Portfolio Turnover 
 
71.
Portfolio turnover rate for the period:
 
Purchases ($000s):  129,231
Sales ($000s):      58,900

Monthly average Value of portfolio ($000s):  65,403

Percent turnover (lesser of Purchases or Sales, divided by Value):  90%
 
 S24: 
Financial Info — Income and Expenses 
 
72.
The number of months covered by the values in Items 72 and 73:  11

Income  ($000s)
Net interest income ..............................................
 –
Net dividend income ..............................................
 622
Account maintenance fees .........................................
 –
Net other income .................................................
 5

Expenses  ($000s)
Advisory fees ....................................................
 698
Administrator fees ...............................................
 95
Salaries and other compensation ..................................
 –
Shareholder Servicing Agent fees .................................
 10
Custodian fees ...................................................
 68
Postage ..........................................................
 –
Printing expenses ................................................
 25
Directors’ fees ..................................................
 12
Registration fees ................................................
 13
Taxes ............................................................
 –
Interest .........................................................
 –
Bookkeeping fees paid to anyone performing this service ..........
 –
Auditing fees ....................................................
 31
Legal fees .......................................................
 15
Marketing/distribution payments, incl. Rule 12b-1 plan payments ..
 –
Amortization of organization expenses ............................
 –
Shareholder meeting expenses .....................................
 –
Other expenses ...................................................
 18
Total expenses ...................................................
 985

Expense reimbursements ($000s):   119

Net investment income ($000s):    -239

Realized capital gains ($000s):   0
Realized capital losses ($000s):  6,997

Net unrealized appreciation during the period ($000s):  4,908
Net unrealized depreciation during the period ($000s):  0

Total income dividends for which the record date passed during the
period ($000s):  0

Total capital gains distributions for which the record date passed
during the period ($000s):  0
 
73.
Distributions per share for which the record date passed during the
period, shown in fractions of a cent, if so declared:

Dividends from net investment income:    $0.0000

Distribution of capital gains:  $0.0000
Other distributions:            $0.0000
 
 S24: 
Financial Info — Condensed Balance Sheet Data 
 
74.
Assets  ($000s)
Cash .............................................................
 122
Repurchase agreements ............................................
 –
Short-term debt securities, other than repurchase agreements .....
 –
Long-term debt securities, including convertible debt ............
 –
Preferred, conv. preferred and adjustable-rate preferred stock ...
 –
Common stock .....................................................
 48,696
Options on equities ..............................................
 –
Options on all futures ...........................................
 –
Other investments ................................................
 29,021
Receivables from portfolio instruments sold ......................
 116
Receivables from affiliated persons ..............................
 990
Other receivables ................................................
 –
All other assets .................................................
 16
Total assets .....................................................
 78,961

Liabilities  ($000s)
Payables for portfolio instruments purchased .....................
 3,184
Amounts owed to affiliated persons ...............................
 119
Senior long-term debt ............................................
 –
Other liabilities:
  Reverse repurchase agreements ..................................
 –
  Short sales ....................................................
 –
  Written options ................................................
 –
  All other liabilities ..........................................
 3,374

Equity  ($000s)
Senior equity ....................................................
 –
Net assets of common shareholders ................................
 72,284

Number of shares outstanding (000s):   0
Number of shares outstanding of a second class of shares (000s):  6,969

Net Asset Value (NAV) per share (to nearest cent):  $0.00

Total number of shareholder accounts:  1,660

Total value of assets in segregated accounts ($000s):  0
 
75.
Monthly average net assets during the period ($000s):  68,627
 
 Signature 
 
↑Top of Form N-SAR 
     
                                                                               
/s/      Terrie Weidenheft      
Name:   Terrie Weidenheft
Title:  Treasurer