Touchstone Devidend Equity Fund Q2 2026 Comments

Touchstone Dividend Equity Fund (A class, free of charge) did not perform as benchmark - the Russell 1,000 value index - in the quarter to 30 June 2026. The Fund ' s cash-oriented investment strategy has also been affected by the fact that above-average dividends have not performed as well as low-center earnings during this period. The strong performance of the United States stock market in the second quarter of 2026 was facilitated by strong economic growth, higher-than-anticipated corporate profitability and improved investor sentiment, which reduced geopolitical risks。