Fund Evaluator:
Touchstone International Value Y (SIIEX)
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Best Performing in Foreign Large Value Over the Last Year
| 45.8% | Touchstone International Value Y (SIIEX) |
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Fund Details
Touchstone International Value Y Overview
Touchstone International Value Y (SIIEX) is an actively managed International Equity Foreign Large Value fund. Touchstone launched the fund in 2007.
The investment seeks long-term growth of capital. The fund normally invests at least 80% of its assets in value securities. It invests primarily in equity securities of companies in non-U.S. developed and emerging market countries. The equity securities in which the fund invests are mainly common stocks, but may also include ADRs, GDRs, and, together with ADRs. Although the fund may invest in securities of companies of any size, the fund generally invests in companies with market capitalizations of $20million or more at the time of purchase.
About Touchstone International Value Y (SIIEX)
There are 6 members of the management team with an average tenure of 2.02 years: Puneet Mansharamani (2024), Greg Sleight (2024), Guy Lakonishok (2024), Gal Skarishevsky (2025), Josef Lakonishok (2024), Menno Vermeulen (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI Ex USA NR USD index with a weighting of 100%. Touchstone International Value Y has 101 securities in its portfolio. The top 10 holdings constitute 20.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Touchstone International Value Y is part of the Equity global asset class and is within the International Equity fund group. Touchstone International Value Y has 99.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 99.1% 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 International Value Y has 0.9% of the portfolio in cash.
Assets Under Management
The fund has $63 million in total assets, which is below the $951 million average for the Foreign Large Value 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.
SIIEX 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 International Value Y expense ratio is high compared to funds in the Foreign Large Value category. Touchstone International Value Y has an expense ratio of 0.89%, which is 15% 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 International Value Y has a portfolio turnover rate of 20%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Value category.
Recently, in the month of June 2026, Touchstone International Value Y returned 0.5%, which earned it a grade of B, as the Foreign Large Value category had an average return of -0.6%. 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 International Value Y has a trailing yield of 2.81%, which is below the 2.87% category average. The fund normally distributes its income annually and its capital gains 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 International Value Y Grades
Year to date, the fund has returned 21.7%, 11.0 percentage points better than the category, which translates into a grade of A. The fund has returned 45.8% over the past year (grade of A), 24.7% over the past three years (grade of A) and 13.2% per year over the past five years (grade of A) and 11.2% per year over the past 10 years (grade of A).
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SIIEX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SIIEX Return (NAV) | 0.5% | 15.8% | 45.8% | 24.7% | 13.2% | 11.2% |
| SIIEX Grade | B | A | A | A | A | A |
| +/- Category | 1.1% | 8.0% | 20.6% | 5.5% | 1.8% | 1.3% |
| Foreign Large Value Avg | -0.6% | 7.8% | 25.2% | 19.3% | 11.3% | 9.8% |
| SIIEX Tax Cost Ratio | na | na | 2.8% | 2.2% | 2.3% | 1.9% |
SIIEX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SIIEX Return (NAV) | 21.7% | 54.3% | -1.2% | 18.1% | -10.6% | 4.3% | 7.8% | 21.1% | -16.8% | 29.1% | -1.3% |
| SIIEX Grade | A | A | F | C | C | F | A | B | C | A | F |
| +/- Category | 11.0% | 15.6% | -5.6% | 0.3% | -1.2% | -8.1% | 5.2% | 2.0% | -0.4% | 6.1% | -4.3% |
| Foreign Large Value Avg | 10.7% | 38.6% | 4.4% | 17.8% | -9.5% | 12.4% | 2.6% | 19.0% | -16.4% | 23.0% | 3.0% |
| Risk Measures | |
| Standard Deviation: | 14.9% |
| Total Risk Index: | 1.23 - Above Average |
| Category Risk Index: | 1.15 - High |
| Category Risk Grade: | F (94% Rank) |
| Beta: | 0.99 |
| R-Squared: | 86% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 2.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $186 Mil |
| Fund Total Assets: | $ 64 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 20% |
Management Team
| Number of Managers: 6 | |||
| Longest Tenure: 2.2 years | |||
| Average Tenure: 2.0 years | |||
| Managers (Year): Mansharamani Puneet (2024), Sleight Greg (2024), Lakonishok Guy (2024), Lakonishok Josef (2024), Vermeulen Menno (2024), Skarishevsky Gal (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 101 |
| % in Top 10 Holdings: | 20.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 99.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 99.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.9% |
Purchase Information
| Fund Family: | Touchstone |
| Phone Number: | 800-543-0407 |
| Website: | www.touchstoneInvestments.com |
| Status: | Open |
| Inception Date: | August 27, 2007 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.89% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | Touchstone International Value A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
