Fund Evaluator:

Touchstone Sands Capital Select Gr Instl Overview

Touchstone Sands Capital Select Gr Instl (CISGX) is an actively managed U.S. Equity Large Growth fund. Touchstone launched the fund in 2020.

The investment seeks long-term capital appreciation. The fund invests, under normal market conditions, at least 80% of its assets in common stocks of U.S. companies that the sub-adviser, Sands Capital Management, LLC, believes have above-average potential for revenue or earnings growth. It emphasizes investments in large capitalization growth companies. The weighted-average market capitalization of these companies is generally in excess of $25 billion, and the fund generally does not invest in companies that have a market capitalization of less than $2 billion. The fund will typically own between 25 and 35 companies. It is non-diversified.

About Touchstone Sands Capital Select Gr Instl (CISGX)

There are 3 members of the management team with an average tenure of 6.62 years: Wesley Johnston (2016), Thomas Trentman (2017), Benjamin Betcher (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. Touchstone Sands Capital Select Gr Instl has 32 securities in its portfolio. The top 10 holdings constitute 54.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Touchstone Sands Capital Select Gr Instl is part of the Equity global asset class and is within the U.S. Equity fund group. Touchstone Sands Capital Select Gr Instl has 7.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.6%. There is 7.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Touchstone Sands Capital Select Gr Instl has 5.8% of the portfolio in cash.

Assets Under Management

The fund has $584 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CISGX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Touchstone Sands Capital Select Gr Instl expense ratio is above average compared to funds in the Large Growth category. Touchstone Sands Capital Select Gr Instl has an expense ratio of 0.79%, which is 18% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Touchstone Sands Capital Select Gr Instl has a portfolio turnover rate of 55%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 55% for the Large Growth category.

Recently, in the month of August 2026, Touchstone Sands Capital Select Gr Instl returned 3.7%, which earned it a grade of B, as the Large Growth category had an average return of 3.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Touchstone Sands Capital Select Gr Instl has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Touchstone Sands Capital Select Gr Instl Grades

Year to date, the fund has returned 2.9%, 4.3 percentage points worse than the category, which translates into a grade of F. The fund has returned 0.1% over the past year (grade of F), 18.9% over the past three years (grade of D) and 0.3% per year over the past five years (grade of F) and 13.3% per year over the past 10 years (grade of F).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Touchstone Sands Capital Select Gr Instl, including its riskiness, submit your email to unlock the rest of the article.