About TSRMX
Touchstone Sands Capital Emerging Markets Growth Fund R6 is a diversified mutual fund focused on long-term capital appreciation through investments primarily in equity and equity-related securities issued by companies located in emerging and, to a lesser extent, frontier markets. The fund pursues a growth-oriented strategy, allocating at least 80% of its assets to emerging market equities, and follows a concentrated approach: as of the latest reporting period, it held approximately 40 positions, with nearly half its assets invested in its top 10 holdings. Key industry exposures include banks, semiconductors, broadline retail, consumer finance, and textiles/apparel, reflecting a bias toward large-cap, high-growth sectors. The fund's high active share indicates a portfolio that differs significantly from its benchmark, the MSCI Emerging Markets Index, which can potentially provide differentiated return opportunities. Designed primarily for retirement plans and institutional investors, the fund maintains a relatively low turnover rate and a higher minimum investment. Managed by Touchstone and sub-advised by Sands Capital, the fund plays a role in offering investors access to emerging market growth potential as part of diversified investment portfolios.
Fund Family Touchstone
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol TSRMX
Share Class Class R6
Index MSCI EM (Emerging Markets) NR USD
TSRMX had a total return of 11.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been -4.80%.