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Touchstone Non-U.S. Equity Fund Q4 2025 Portfolio Review

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⚡ Quantum Brief
The fund underperformed its MSCI All Country World Ex-U.S. Index benchmark in Q4 2025, marking a quarterly setback for the non-U.S. equity portfolio. Positive contributions came from stock selection in IT and financial sectors, partially offsetting broader underperformance during the three-month period. Two major exits were executed: BNP Paribas S.A. and Sony Financial Group Inc., signaling a strategic shift in the fund’s financial services holdings. The fund employs a "Distinctively Active" approach, combining rigorous asset manager selection with hybrid active-passive portfolio construction strategies. Touchstone emphasizes institutional partnerships, offering access to specialized managers through intermediaries like broker-dealers and registered investment advisors.
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Touchstone Investments13 FollowersFollow5ShareSavePlay(4min)CommentsSummaryTouchstone Non-US Equity Fund (Class A Shares, Load Waived) underperformed MSCI All Country World Ex-U.S. Index, for the quarter ended December 31, 2025.Stock selection within IT and Financials contributed positively to performance during the quarter.The Fund exited its position in BNP Paribas S.A. and Sony Financial Group Inc. tongstock/iStock via Getty Images The following segment was excerpted from the Touchstone Non-U.S. Equity Fund Q4 2025 Commentary.

Portfolio Review The Touchstone Non-US Equity Fund (Class A Shares, Load Waived) underperformed its benchmark, the MSCI All Country World Ex-U.S. Index, for the quarter ended DecemberThis article was written byTouchstone Investments13 FollowersFollowAt Touchstone Investments, we recognize that not all mutual fund companies are created equal. Our commitment to being Distinctively Active means the employment of a fully integrated and rigorous process for identifying and partnering with asset managers who sub-advise our mutual funds and advocating a robust approach to portfolio construction that either uses standalone active strategies or serves as a complement to passive strategies. That is the power of Distinctively Active. Touchstone Funds are offered nationally through intermediaries including broker-dealers, financial planners, registered investment advisors and institutions by Touchstone Securities, Inc. For more information please call 800.638.8194 or visit www.touchstoneinvestments.com Specialties Touchstone Investments helps investors achieve their financial goals by providing access to a distinctive selection of institutional asset managers who are known and respected for proficiency in their specific area of expertise.

Touchstone Securities Inc. is a registered broker-dealer and member FINRA and SIPC Note: This account is not managed or monitored by Touchstone Investments, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Touchstone Investments's official channels.

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