Fund Evaluator:
Touchstone Sands Capital Intl Gr Eq C (TPYCX)
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Best Performing in Foreign Large Growth Over the Last Year
| 27.0% | WCM Focused International Equity Inv (WLIVX) |
| 25.4% | Saturna International Z (SIFZX) |
| 25.1% | Saturna International (SSIFX) |
| 24.2% | American Funds EUPAC F-3 (FEUPX) |
| 23.2% | Fidelity Diversified International (FDIVX) |
Fund Details
Touchstone Sands Capital Intl Gr Eq C Overview
Touchstone Sands Capital Intl Gr Eq C (TPYCX) is an actively managed International Equity Foreign Large Growth fund. Touchstone launched the fund in 2007.
The investment seeks long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its assets in equity and equity-related securities issued by companies in foreign countries. The fund invests primarily in a portfolio of equity securities such as common stock, preferred stock, and depositary receipts.
About Touchstone Sands Capital Intl Gr Eq C (TPYCX)
There are 2 members of the management team with an average tenure of 2.92 years: Danielle Menichella (2023), David Levanson (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg Gbl Wd ex US L-M TR USD index with a weighting of 100% and MSCI ACWI Ex USA NR USD index with a weighting of 100%. Touchstone Sands Capital Intl Gr Eq C has 43 securities in its portfolio. The top 10 holdings constitute 55.1% 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 Sands Capital Intl Gr Eq C is part of the Equity global asset class and is within the International Equity fund group. Touchstone Sands Capital Intl Gr Eq C has 82.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 14.4%. There is 82.4% 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 Intl Gr Eq C has 1.2% of the portfolio in cash.
Assets Under Management
The fund has $774 million in total assets, which is below the $1 billion average for the Foreign 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.
TPYCX 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 Intl Gr Eq C expense ratio is high compared to funds in the Foreign Large Growth category. Touchstone Sands Capital Intl Gr Eq C has an expense ratio of 1.92%, which is 86% higher than its category average, making the fund expense ratio grade a F. 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 Intl Gr Eq C has a portfolio turnover rate of 19%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 51% for the Foreign Large Growth category.
Recently, in the month of July 2026, Touchstone Sands Capital Intl Gr Eq C returned -4.6%, which earned it a grade of D, as the Foreign Large Growth category had an average return of -2.7%. 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 Intl Gr Eq C has a trailing yield of 0.22%, which is below the 0.95% 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 Sands Capital Intl Gr Eq C Grades
Year to date, the fund has returned -2.6%, 9.2 percentage points worse than the category, which translates into a grade of F. The fund has returned -6.1% over the past year (grade of F), 6.1% over the past three years (grade of F) and 1.6% per year over the past five years (grade of D) and 5.3% per year over the past 10 years (grade of F).
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TPYCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TPYCX Return (NAV) | -4.6% | 3.9% | -6.1% | 6.1% | 1.6% | 5.3% |
| TPYCX Grade | D | B | F | F | D | F |
| +/- Category | -1.9% | 1.3% | -19.2% | -4.6% | -1.6% | -2.8% |
| Foreign Large Growth Avg | -2.7% | 2.6% | 13.1% | 10.7% | 3.2% | 8.2% |
| TPYCX Tax Cost Ratio | na | na | 0.1% | 0.9% | 0.8% | 1.3% |
TPYCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TPYCX Return (NAV) | -2.6% | 8.9% | 7.1% | 22.7% | -21.4% | 10.0% | 11.9% | 22.3% | -10.1% | 11.6% | 16.6% |
| TPYCX Grade | F | F | B | A | B | B | F | F | A | F | A |
| +/- Category | -9.2% | -11.1% | 1.8% | 6.0% | 3.7% | 2.0% | -13.5% | -7.0% | 3.5% | -20.5% | 18.2% |
| Foreign Large Growth Avg | 6.5% | 20.0% | 5.3% | 16.7% | -25.2% | 8.1% | 25.5% | 29.3% | -13.6% | 32.1% | -1.6% |
| Risk Measures | |
| Standard Deviation: | 19.4% |
| Total Risk Index: | 1.58 - High |
| Category Risk Index: | 1.26 - High |
| Category Risk Grade: | F (97% Rank) |
| Beta: | 1.10 |
| R-Squared: | 62% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $91 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 19% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.9 years | |||
| Average Tenure: 2.9 years | |||
| Managers (Year): Menichella Danielle (2023), Levanson David (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 43 |
| % in Top 10 Holdings: | 55.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 82.4% |
Portfolio Allocation |
|
| Domestic Stock: | 14.4% |
| Foreign Stock: | 82.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.9% |
| Cash: | 1.2% |
Purchase Information
| Fund Family: | Touchstone |
| Phone Number: | 800-543-0407 |
| Website: | www.touchstoneinvestments.com |
| Status: | Open |
| Inception Date: | December 3, 2007 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.92% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | Touchstone Sands Capital Intl Gr Eq A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
