Touchstone Sands Capital Select Growth Fund Class C (TSNCX)

Overview

This company is an investment fund that targets the U.S. stock market, specifically focusing on large capitalization growth companies that exhibit above-average potential for revenue or earnings growth. Managed by Sands Capital Management, LLC, the fund dedicates at least 80% of its assets to common stocks of such companies. It adheres to a strategy of concentrating investments in a relatively small number of companies, typically owning between 25 and 35 stocks. The fund's approach is characterized by its preference for companies with a large market presence, as indicated by a weighted-average market capitalization usually above $25 billion. In keeping with its growth-oriented investment philosophy, it generally avoids companies with a market capitalization of less than $2 billion. It is categorized as non-diversified, meaning it focuses its investments more narrowly than diversified funds.

Products and Services

• Large Capitalization Growth Company Investments

This product focuses on investing in companies with a market capitalization generally in excess of $25 billion. The selection criteria are centered on identifying large companies that show promise for significant revenue or earnings growth, according to the evaluation by Sands Capital Management, LLC.

• Concentrated Investment Portfolio

The fund maintains a strategy of investing in a concentrated portfolio of 25 to 35 companies. This approach is grounded in the belief that a focused investment in a select number of high-growth companies has the potential to yield higher returns compared to diversifying across a broader spectrum of stocks.

• Non-Diversified Fund Structure

Unlike diversified funds, this investment fund adopts a non-diversified structure. This allows for a higher investment concentration in each portfolio company, which could lead to significant gains if these carefully chosen investments perform well. However, this strategy also comes with a higher level of risk, as the fund's performance is more closely tied to the fortunes of a smaller number of investments.