0001144204-12-068378.txt : 20121218 0001144204-12-068378.hdr.sgml : 20121218 20121218114222 ACCESSION NUMBER: 0001144204-12-068378 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121218 DATE AS OF CHANGE: 20121218 EFFECTIVENESS DATE: 20121218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOUCHSTONE STRATEGIC TRUST CENTRAL INDEX KEY: 0000711080 IRS NUMBER: 311276717 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-80859 FILM NUMBER: 121270481 BUSINESS ADDRESS: STREET 1: 303 BROADWAY STREET 2: SUITE 1100 CITY: CINCINNATI STATE: OH ZIP: 45202-4203 BUSINESS PHONE: 5133628000 MAIL ADDRESS: STREET 1: 303 BROADWAY STREET 2: SUITE 1100 CITY: CINCINNATI STATE: OH ZIP: 45202-4203 FORMER COMPANY: FORMER CONFORMED NAME: COUNTRYWIDE STRATEGIC TRUST DATE OF NAME CHANGE: 19970303 FORMER COMPANY: FORMER CONFORMED NAME: MIDWEST STRATEGIC TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL INDEPENDENCE TRUST DATE OF NAME CHANGE: 19900604 0000711080 S000035678 Touchstone Dynamic Equity Fund C000109234 A TDEAX C000109235 C TDECX C000109236 Institutional TDELX C000109237 Y TDEYX 0000711080 S000035684 Touchstone Emerging Growth Fund C000109258 A TGFAX C000109259 C TGFCX C000109260 Institutional TGFLX C000109261 Y TGFYX 0000711080 S000035685 Touchstone International Equity Fund C000109262 C TIECX C000109263 Institutional TIELX C000109264 Y TIEYX C000109265 A YIEAX 0000711080 S000035686 Touchstone Conservative Allocation Fund C000109266 A TSAAX C000109267 C TSACX C000109268 Institutional TVAIX C000109269 Y TSAYX 0000711080 S000035687 Touchstone Balanced Allocation Fund C000109270 A TBAAX C000109271 C TBACX C000109272 Institutional TBAIX C000109273 Y TBAYX 0000711080 S000035688 Touchstone Moderate Growth Allocation Fund C000109274 A TSMAX C000109275 C TSMCX C000109276 Institutional TSMIX C000109277 Y TSMYX 0000711080 S000035689 Touchstone Growth Allocation Fund C000109278 A TGQAX C000109279 C TGQCX C000109280 Institutional TGQIX C000109281 Y TGQYX 497 1 v791591_497.htm 497

VIA EDGAR

 

December 18, 2012

 

Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549

 

Re: Touchstone Strategic Trust
  File Nos. 002-80859 and 811-03651

 

Ladies and Gentlemen:

 

On behalf of Touchstone Strategic Trust (the “Registrant”), and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirror the risk/return summary information as supplemented, dated December 7, 2012, to the Prospectuses dated October 30, 2012 for several of the Funds of the Trust (the “Funds”). The purpose of the filing is to submit the 497(e) filing dated December 7, 2012 (SEC Accession No. 0001104659-12-082679) in XBRL for the Funds.

 

If you have any questions about this matter please contact the undersigned at 513-362-8144.

 

Very truly yours,

 

TOUCHSTONE STRATEGIC TRUST

 

/s/Jill McGruder

 

Jill McGruder

President

 

EX-101.INS 2 ck0000711080-20120731.xml XBRL INSTANCE DOCUMENT Other 2012-07-31 0000711080 2012-12-07 TOUCHSTONE STRATEGIC TRUST false 2012-12-07 2012-11-30 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's <br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 76.54% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035689Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035689Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with capital appreciation.</tt> <tt>This example is intended to help you compare the cost of investing in the <br />Fund with the cost of investing in other mutual funds. The example assumes <br />that you invest $10,000 in the Fund for the time periods indicated and then,<br />except as indicated, redeem all of your shares at the end of those periods. <br />The example also assumes that your investment has a 5% return each year and <br />that the Fund's operating expenses remain the same (reflecting the contractual <br />fee waiver). Although your actual costs may be higher or lower, based on these <br />assumptions your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund is a "fund-of-funds," which seeks to achieve its investment goal by<br />primarily investing in a diversified portfolio of affiliated underlying equity<br />and fixed-income funds (although a portion of its assets may be invested in<br />cash, cash equivalents, or in money market funds). These affiliated underlying<br />funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income<br />securities.<br /><br />The following table details, under normal circumstances, how the Fund expects to<br />allocate its assets among equity and fixed-income funds.<br /><br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Equity Fund Allocation&#xA0;&#xA0;&#xA0;Fixed-Income Fund Allocation<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;90-100%&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;0-10% <br /><br />The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop<br />an optimal model allocation among underlying funds using an analysis that looks<br />at forecasted returns, standard deviations in historical returns, and the<br />correlation of the performance of different market sectors. The Fund may invest<br />0-45% of its assets in any individual underlying fund.<br /><br />Ibbotson and the Fund's investment advisor agree from time to time upon the<br />universe of underlying funds that Ibbotson may consider when making allocation<br />decisions. Ibbotson's analysis in selecting and weighting the underlying funds<br />from that universe includes historical returns-based style analysis, <br />holdings-based style analysis, manager interviews, relative and absolute<br />performance, including correlations with other underlying funds as well as<br />corresponding benchmarks, and historical volatility (the variability of returns<br />from one period to the next). When considering equity funds, Ibbotson focuses<br />on the underlying funds' foreign and domestic exposure, market capitalization<br />ranges, use of derivative strategies, and investment style (growth vs. value). <br />When considering fixed-income funds, Ibbotson's primary focus is the overall<br />level of risk in the type of fixed income securities in which the underlying<br />funds invest and on maximizing current income and long-term capital growth.<br /><br />Ibbotson, subject to approval by the Fund's investment advisor, may change the<br />Fund's target allocation to each asset class, the underlying funds in each asset<br />class (including adding or deleting underlying funds), or target allocations to<br />each underlying fund without prior approval from or notice to shareholders.<br /><br />Decisions to sell shares of the underlying funds are made to adjust an underlying <br />fund's target allocation based on Ibbotson's view of the Fund's characteristics <br />and other allocation criteria, for cash flow resulting from redemptions, or as a <br />result of periodic rebalancing of the Fund's holdings. For information on the <br />underlying funds, please see the section entitled "Additional Information <br />Regarding the Underlying Funds" under "Investment Strategies and Risks" in the <br />Fund's Prospectus.</tt> TOUCHSTONE GROWTH ALLOCATION FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees(fees paid directly from your investment) Assuming Redemption at End of Period 0.7654 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Growth Allocation Fund - Institutional shares Total Return as of December 31 The bar chart does not reflect any sales charges, which would reduce your return. The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Standard & Poor's Composite 1500 Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter:<br />Second Quarter 2009 +20.62%&#xA0;&#xA0;&#xA0;Fourth Quarter 2008 -23.79% <br /><br />The year-to-date return for the Fund's Institutional shares as <br />of October 31, 2012 is 11.43%.</tt> 1.800.543.0407 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Risks of Fund of Funds Structure: The value of an investment in the Fund is<br />based on the performance of the underlying funds in which it invests and the<br />allocation of its assets among those funds. The underlying funds may change<br />their investment goals, policies or practices and there can be no assurance that<br />the underlying funds will achieve their respective investment goals. Because the<br />Fund invests in mutual funds, it bears a proportionate share of the expenses<br />charged by the underlying funds in which it invests. The principal risks of an<br />investment in the Fund include the principal risks of investing in the<br />underlying funds.<br /><br />The Fund is exposed to the risks of the underlying funds in which it invests in<br />direct proportion to the amount of assets the Fund allocates to each underlying<br />fund. To the extent that the Fund invests more of its assets in one underlying<br />fund than another, the Fund will have greater exposure to the risks of that<br />underlying fund. One underlying fund may buy the same security that another<br />underlying fund is selling. You would indirectly bear the costs of both trades.<br />In addition, you may receive taxable gains from portfolio transactions by the<br />underlying funds, as well as taxable gains from the Fund's transactions in<br />shares of the underlying funds. The Fund's ability to achieve its investment<br />goal depends upon Ibbotson's skill in selecting the best mix of underlying<br />funds. There is the risk that Ibbotson's evaluations and assumptions regarding<br />the underlying funds may be incorrect in view of actual market conditions.<br /><br />The underlying funds are expected to be subject to the following principal<br />risks.<br /><br />o Underlying Equity Fund Risks: These underlying funds are subject to the <br />risk that stock prices will fall (or rise with respect to short positions) <br />over short or extended periods of time. Individual companies may report poor <br />results or be negatively affected by industry and/or economic trends and <br />developments. Conversely, the risk of price increases with respect to <br />securities sold short will also cause a decline in the value of the underlying<br />fund's shares. The prices of securities issued by these companies may decline in<br />response to such developments, which could result in a decline in the value of<br />the underlying fund's shares. The risks of investing in underlying equity funds<br />include risks specific to their investment strategies, such as investment style<br />risk and capitalization risk.<br /><br />o Underlying Fixed Income Funds Risks: The prices of an underlying fund's fixed <br />income securities respond to economic developments, particularly interest rate <br />changes, as well as to perceptions about the creditworthiness of individual <br />issuers, including governments. Other principal risks include call risk and <br />high-yield debt ("junk bond") risk. Call risk refers to situations when an <br />issuer prepays (or "calls") a debt obligation prior to maturity and an <br />underlying fund holding that debt&#xA0;&#xA0;must invest the resulting proceeds at lower <br />interest rates. High-yield debt risk refers to non-investment grade debt <br />obligations ("junk bonds") that carry a higher risk of default by the issuer, <br />resulting in losses to the underlying fund, and are generally considered <br />speculative and less liquid than investment-grade debt obligations.<br /><br />o Derivatives Risk: Certain of the underlying funds may invest in derivatives, <br />such as futures, options or swap contracts, to pursue their investment goals. <br />The use of such derivatives may expose an underlying fund to additional risks <br />that it would not be subject to if it invested directly in the securities <br />underlying those derivatives, including the risk of counterparty default. <br />These additional risks could cause an underlying fund to experience losses to <br />which it would otherwise not be subject. An underlying fund may use derivatives <br />to gain exposure to (or hedge exposure against) a particular market, currency <br />or instrument, to adjust the underlying fund's duration or attempt to manage <br />interest rate risk, and for certain other purposes consistent with its <br />investment strategy. An underlying fund may not fully benefit from or may <br />lose money on derivative investments.<br /><br />o Foreign Securities Risk: Certain underlying funds may invest in foreign <br />securities, which pose risks in addition to those posed by domestic securities <br />because political and economic events unique in a country or region will affect <br />those markets and their issuers. These events will not necessarily affect the <br />U.S. economy or similar issuers located in the United States. In addition, <br />investments in foreign securities are generally denominated in foreign currency. <br />Foreign markets may be less liquid and more volatile than U.S. markets and offer <br />less protection to investors. Emerging markets may be more likely to experience <br />political turmoil or rapid changes in market or economic conditions than more <br />developed countries. In addition, the financial stability of issuers (including<br />governments) in emerging market countries may be more precarious than in other<br />countries.<br /><br />o Management Risk:&#xA0;&#xA0;The value of your investment may decrease if the sub-advisor's <br />judgment about the attractiveness, value or market trends affecting a particular <br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />o Merger Arbitrage Risk:&#xA0;&#xA0;Investments in companies that are expected to be, or <br />already are, the subject of a publicly announced transaction carry the risk that <br />the proposed or expected transaction may not be completed or may be completed on <br />less favorable terms than originally expected, which may lower performance.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and volatility <br />of an investment in the Fund by showing changes in the Fund's performance from <br />calendar year to calendar year and by showing how the Fund's average annual total <br />returns for 1 year, 5 years, and since inception compare with the Standard &amp; Poor's <br />Composite 1500 Index. The bar chart does not reflect any sales charges, which would <br />reduce your return. The returns achieved prior to November 19, 2007 were under a <br />fund-of-managers structure. For more information on the prior history of the Fund, <br />please see the section entitled "The Trust" in the Fund's SAI. Past performance <br />(before and after taxes) does not necessarily indicate how the Fund will perform <br />in the future. Updated performance is available at no cost by visiting <br />www.TouchstoneInvestments.com or by calling 1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund.&#xA0;&#xA0;You may qualify for sales charge discounts for Class A shares <br />if you and your family invest, or agree to invest in the future, at least $50,000 <br />or more in the Touchstone Funds.&#xA0;&#xA0;More information about these and other discounts <br />is available from your financial professional and in the section entitled "Choosing <br />a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled <br />"Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035689Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035689Member column dei_LegalEntityAxis compact * column rr_PerformanceMeasureAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax situation.<br /><br />The after-tax returns do not apply to shares held in an IRA, 401(k), or other<br />tax-deferred account.&#xA0;&#xA0;After-tax returns are only shown for Institutional shares<br />and after-tax returns for other Classes will vary. <br /><br />Institutional shares, Class A shares and Class C shares began operations on<br />September 30, 2004 and Class Y shares began operations on December 9, 2005. <br />Class Y shares performance was calculated using the historical performance of<br />Institutional shares for the periods prior to December 9, 2005.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035689Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035689Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes) 0.0175 0.0011 0.0416 2004-09-30 Institutional Return After Taxes on Distributions and Sale of Fund Shares -0.0141 -0.0227 0.0275 2004-09-30 Institutional Return After Taxes on Distributions -0.0497 -0.0327 0.0271 2004-09-30 TGQYX -15 0.0000 Class Y Return Before Taxes 116 581 -0.0146 2758 1166 -0.0206 0.0137 0.0025 2014-04-16 -0.0181 0.0000 0.0114 0.0260 0.0388 2004-09-30 0.0098 0.0000 TGQIX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 116 2009-06-30 1441 -0.2379 -0.0752 0.1400 6825 3125 0.0788 0.2062 -0.0214 0.0743 -0.4204 0.0025 2014-04-16 2008-12-31 0.3055 -0.0185 0.1031 The year-to-date return -0.0214 0.0000 0.0114 0.0866 0.1789 0.0385 2004-09-30 0.1143 0.0098 0.0000 TGQCX -15 0.0000 Class C Return Before Taxes 317 217 774 -0.0071 3093 1402 -0.0398 0.0062 0.0025 2014-04-16 3093 -0.0280 774 1402 0.0100 0.0214 0.0285 0.0284 2004-09-30 0.0098 0.0100 TGQAX -15 0.0575 Class A Return Before Taxes 708 1102 -0.0080 2857 1569 -0.0785 0.0071 0.0025 2014-04-16 -0.0321 0.0025 0.0139 0.0219 0.0278 2004-09-30 0.0098 0.0000 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in <br />annual fund operating expenses or in the example, affect the Fund's performance. <br />During the most recent fiscal year, the portfolio turnover rate of the Fund was <br />77.44% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035688Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035688Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with capital appreciation.</tt> <tt>This example is intended to help you compare the cost of investing in the Fund <br />with the cost of investing in other mutual funds. The example assumes that you <br />invest $10,000 in the Fund for the time periods indicated and then, except as <br />indicated, redeem all of your shares at the end of those periods. The example <br />also assumes that your investment has a 5% return each year and that the <br />Fund's operating expenses remain the same (reflecting the contractual fee <br />waiver). Although your actual costs may be higher or lower, based on these <br />assumptions your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund is a "fund-of-funds," which seeks to achieve its investment goal by<br />primarily investing in a diversified portfolio of affiliated underlying equity<br />and fixed-income funds (although a portion of its assets may be invested in<br />cash, cash equivalents, or in money market funds). These affiliated underlying<br />funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income<br />securities. <br /><br />The following table details, under normal circumstances, how the Fund expects to<br />allocate its assets among equity and fixed-income funds. <br /><br />Equity Fund Allocation&#xA0;&#xA0;&#xA0;Fixed-Income Fund Allocation<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;70-90%&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;10-30% <br /><br />The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop<br />an optimal model allocation among underlying funds using an analysis that looks<br />at forecasted returns, standard deviations in historical returns, and the<br />correlation of the performance of different market sectors.&#xA0;&#xA0;The Fund may invest<br />0-45% of its assets in any individual underlying fund.<br /><br />Ibbotson and the Fund's investment advisor agree from time to time upon the universe <br />of underlying funds that Ibbotson may consider when making allocation decisions. <br />Ibbotson's analysis in selecting and weighting the underlying funds from that <br />universe includes historical returns-based style analysis, holdings-based style <br />analysis, manager interviews, relative and absolute performance, including <br />correlations with other underlying funds as well as corresponding benchmarks, <br />and historical volatility (the variability of returns from one period to the next). <br />When considering equity funds, Ibbotson focuses on the underlying funds' foreign <br />and domestic exposure, market capitalization ranges, use of derivative strategies, <br />and investment style (growth vs. value). When considering fixed-income funds, <br />Ibbotson's primary focus is the overall level of risk in the type of fixed income <br />securities in which the underlying funds invest and on maximizing current income <br />and long-term capital growth.<br /><br />Ibbotson, subject to approval by the Fund's investment advisor, may change the<br />Fund's target allocation to each asset class, the underlying funds in each asset<br />class (including adding or deleting underlying funds), or target allocations to<br />each underlying fund without prior approval from or notice to shareholders.<br /><br />Decisions to sell shares of the underlying funds are made to adjust an underlying <br />fund's target allocation based on Ibbotson's view of the Fund's characteristics <br />and other allocation criteria, for cash flow resulting from redemptions, or as a <br />result of periodic rebalancing of the Fund's holdings. For information on the <br />underlying funds, please see the section entitled "Additional Information Regarding <br />the Underlying Funds" under "Investment Strategies and Risks" in the Fund's Prospectus.</tt> TOUCHSTONE MODERATE GROWTH ALLOCATION FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 0.7744 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Moderate Growth Allocation Fund - Institutional shares Total Return as of December 31 The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Barclays U.S. Aggregate Bond Index and Standard & Poor's Composite 1500 Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter: <br />Second Quarter 2009 +17.75%&#xA0;&#xA0;&#xA0;Fourth Quarter 2008 -18.10% <br /><br />The year-to-date return for the Fund's Institutional shares as <br />of October 31, 2012 is 10.77%.</tt> 1.800.543.0407 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Risks of Fund of Funds Structure: The value of an investment in the Fund is<br />based on the performance of the underlying funds in which it invests and the<br />allocation of its assets among those funds. The underlying funds may change<br />their investment goals, policies or practices and there can be no assurance that<br />the underlying funds will achieve their respective investment goals. Because the<br />Fund invests in mutual funds, it bears a proportionate share of the expenses<br />charged by the underlying funds in which it invests. The principal risks of an<br />investment in the Fund include the principal risks of investing in the<br />underlying funds.<br /><br />The Fund is exposed to the risks of the underlying funds in which it invests in<br />direct proportion to the amount of assets the Fund allocates to each underlying<br />fund. To the extent that the Fund invests more of its assets in one underlying<br />fund than another, the Fund will have greater exposure to the risks of that<br />underlying fund. One underlying fund may buy the same security that another<br />underlying fund is selling. You would indirectly bear the costs of both trades.<br />In addition, you may receive taxable gains from portfolio transactions by the<br />underlying funds, as well as taxable gains from the Fund's transactions in<br />shares of the underlying funds. The Fund's ability to achieve its investment<br />goal depends upon Ibbotson's skill in selecting the best mix of underlying<br />funds. There is the risk that Ibbotson's evaluations and assumptions regarding<br />the underlying funds may be incorrect in view of actual market conditions.<br /><br />The underlying funds are expected to be subject to the following principal<br />risks.<br /><br />o Underlying Equity Fund Risks: These underlying funds are subject to the risk <br />that stock prices will fall (or rise with respect to short positions) over short <br />or extended periods of time.&#xA0;&#xA0;Individual companies may report poor results or <br />be negatively affected by industry and/or economic trends and developments. <br />Conversely, the risk of price increases with respect to securities sold short <br />will also cause a decline in the value of the underlying fund's shares. The <br />prices of securities issued by these companies may decline in response to such <br />developments, which could result in a decline in the value of the underlying <br />fund's shares. The risks of investing in underlying equity funds include risks <br />specific to their investment strategies, such as investment style risk and <br />capitalization risk.<br /><br />o Underlying Fixed Income Funds Risks: The prices of an underlying fund's <br />fixed income securities respond to economic developments, particularly interest <br />rate changes, as well as to perceptions about the creditworthiness of individual <br />issuers, including governments. Other principal risks include call risk and <br />high-yield debt ("junk bond") risk. Call risk refers to situations when an issuer <br />prepays (or "calls") a debt obligation prior to maturity and an underlying fund <br />holding that debt&#xA0;&#xA0;must invest the resulting proceeds at lower interest rates. <br />High-yield debt risk refers to non-investment grade debt obligations ("junk bonds") <br />that carry a higher risk of default by the issuer, resulting in losses to the <br />underlying fund, and are generally considered speculative and less liquid than <br />investment-grade debt obligations.<br /><br />o Derivatives Risk: Certain of the underlying funds may invest in derivatives, <br />such as futures, options or swap contracts, to pursue their investment goals. <br />The use of such derivatives may expose an underlying fund to additional risks <br />that it would not be subject to if it invested directly in the securities <br />underlying those derivatives, including the risk of counterparty default. <br />These additional risks could cause an underlying fund to experience losses <br />to which it would otherwise not be subject. An underlying fund may use <br />derivatives to gain exposure to (or hedge exposure against) a particular market, <br />currency or instrument, to adjust the underlying fund's duration or attempt to <br />manage interest rate risk, and for certain other purposes consistent with its <br />investment strategy.&#xA0;&#xA0;An underlying fund may not fully benefit from or may <br />lose money on derivative investments.<br /><br />o Foreign Securities Risk: Certain underlying funds may invest in foreign <br />securities, which pose risks in addition to those posed by domestic securities <br />because political and economic events unique in a country or region will affect <br />those markets and their issuers. These events will not necessarily affect the <br />U.S. economy or similar issuers located in the United States. In addition, <br />investments in foreign securities are generally denominated in foreign currency. <br />Foreign markets may be less liquid and more volatile than U.S. markets and offer <br />less protection to investors. Emerging markets may be more likely to experience <br />political turmoil or rapid changes in market or economic conditions than more <br />developed countries. In addition, the financial stability of issuers (including<br />governments) in emerging market countries may be more precarious than in other<br />countries.<br /><br />o Management Risk: The value of your investment may decrease if the sub-advisor's <br />judgment about the attractiveness, value or market trends affecting a particular <br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />o Merger Arbitrage Risk: Investments in companies that are expected to be, or <br />already are, the subject of a publicly announced transaction carry the risk that <br />the proposed or expected transaction may not be completed or may be completed on <br />less favorable terms than originally expected, which may lower performance.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and volatility <br />of an investment in the Fund by showing changes in the Fund's performance from <br />calendar year to calendar year and by showing how the Fund's average annual total <br />returns for 1 year, 5 years, and since inception compare with the Barclays U.S. <br />Aggregate Bond Index and Standard &amp; Poor's Composite 1500 Index. The bar chart <br />does not reflect any sales charges, which would reduce your return. The returns <br />achieved prior to November 19, 2007 were under a fund of managers structure. For <br />more information on the prior history of the Fund, please see the section entitled <br />"The Trust" in the Fund's SAI. Past performance (before and after taxes) does not <br />necessarily indicate how the Fund will perform in the future. Updated performance <br />is available at no cost by visiting www.TouchstoneInvestments.com or by calling <br />1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund. You may qualify for sales charge discounts for Class A shares <br />if you and your family invest, or agree to invest in the future, at least $50,000 <br />or more in the Touchstone Funds. More information about these and other discounts <br />is available from your financial professional and in the section entitled "Choosing <br />a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled <br />"Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035688Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035688Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax <br />situation. <br /><br />The after-tax returns do not apply to shares held in an IRA, 401(k), or other <br />tax-deferred account. After-tax returns are only shown for Institutional shares <br />and after-tax returns for other Classes will vary.<br /><br />Institutional shares, Class A shares and Class C shares began operations on<br />September 30, 2004 and Class Y shares began operations on December 9, 2005. <br />Class Y shares performance was calculated using the historical performance of<br />Institutional shares for the periods prior to December 9, 2005.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035688Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035688Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) 0.0784 0.0650 0.0553 2004-09-30 Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes) 0.0175 0.0011 0.0416 2004-09-30 Institutional Return After Taxes on Distributions and Sale of Fund Shares -0.0012 -0.0052 0.0321 2004-09-30 Institutional Return After Taxes on Distributions -0.0077 -0.0111 0.0330 2004-09-30 TSMYX -15 0.0000 Class Y Return Before Taxes 110 603 -0.0173 2931 1232 -0.0016 0.0164 0.0025 2014-04-16 0.0013 0.0000 0.0108 0.0281 0.0433 2004-09-30 0.0092 0.0000 TSMIX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 110 2009-06-30 7352 -0.1810 -1.1118 0.1236 7352 7352 0.0869 0.1775 -0.0018 1.1109 -0.3467 0.0025 2014-04-16 2008-12-31 0.2660 0.0017 0.0798 The year-to-date return -0.0018 0.0000 0.0108 1.1226 0.1507 0.0434 2004-09-30 0.1077 0.0092 0.0000 TSMCX -15 0.0000 Class C Return Before Taxes 311 211 736 -0.0058 2923 1325 -0.0221 0.0049 0.0025 2014-04-16 2923 -0.0088 736 1325 0.0100 0.0208 0.0266 0.0327 2004-09-30 0.0092 0.0100 TSMAX -15 0.0575 Class A Return Before Taxes 703 1060 -0.0062 2642 1478 -0.0612 0.0053 0.0025 2014-04-16 -0.0128 0.0025 0.0133 0.0195 0.0321 2004-09-30 0.0092 0.0000 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's <br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 75.77% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035687Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035687Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with capital appreciation and current<br />income.</tt> <tt>This example is intended to help you compare the cost of investing in the Fund <br />with the cost of investing in other mutual funds. The example assumes that you <br />invest $10,000 in the Fund for the time periods indicated and then, except as <br />indicated, redeem all of your shares at the end of those periods. The example <br />also assumes that your investment has a 5% return each year and that the Fund's <br />operating expenses remain the same (reflecting the contractual fee waiver). <br />Although your actual costs may be higher or lower, based on these assumptions <br />your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund is a "fund-of-funds," which seeks to achieve its investment goal by<br />primarily investing in a diversified portfolio of affiliated underlying equity<br />and fixed-income funds (although a portion of its assets may be invested in<br />cash, cash equivalents, or in money market funds). These affiliated underlying<br />funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income<br />securities.<br /><br />The following table details, under normal circumstances, how the Fund expects to<br />allocate its assets among equity and fixed-income funds. <br /><br />Equity Fund Allocation&#xA0;&#xA0;&#xA0;Fixed-Income Fund Allocation<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;50-70%&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;30-50% <br /><br />The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop<br />an optimal model allocation among underlying funds using an analysis that looks<br />at forecasted returns, standard deviations in historical returns, and the<br />correlation of the performance of different market sectors. The Fund may invest<br />0-45% of its assets in any individual underlying fund.<br /><br />Ibbotson and the Fund's investment advisor agree from time to time upon the<br />universe of underlying funds that Ibbotson may consider when making allocation<br />decisions. Ibbotson's analysis in selecting and weighting the underlying funds<br />from that universe includes historical returns-based style analysis, holdings-based <br />style analysis, manager interviews, relative and absolute performance, including <br />correlations with other underlying funds as well as corresponding benchmarks, and <br />historical volatility (the variability of returns from one period to the next). <br />When considering equity funds, Ibbotson focuses on the underlying funds' foreign <br />and domestic exposure, market capitalization ranges, use of derivative strategies, <br />and investment style (growth vs. value). When considering fixed-income funds, <br />Ibbotson's primary focus is the overall level of risk in the type of fixed income <br />securities in which the underlying funds invest and on maximizing current income <br />and long-term capital growth.<br /><br />Ibbotson, subject to approval by the Fund's investment advisor, may change the<br />Fund's target allocation to each asset class, the underlying funds in each asset<br />class (including adding or deleting underlying funds), or target allocations to<br />each underlying fund without prior approval from or notice to shareholders.<br /><br />Decisions to sell shares of the underlying funds are made to adjust an underlying <br />fund's target allocation based on Ibbotson's view of the Fund's characteristics <br />and other allocation criteria, for cash flow resulting from redemptions, or as a <br />result of periodic rebalancing of the Fund's holdings. For information on the <br />underlying funds, please see the section entitled "Additional Information Regarding <br />the Underlying Funds" under "Investment Strategies and Risks" in the Fund's Prospectus.</tt> TOUCHSTONE BALANCED ALLOCATION FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 0.7577 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Balanced Allocation Fund - Institutional shares Total Return as of December 31 The bar chart does not reflect any sales charges, which would reduce your return. The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Barclays U.S. Aggregate Bond Index and Standard & Poor's Composite 1500 Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter: <br />Second Quarter 2009 +14.93% Fourth Quarter 2008 -12.37% <br /><br />The year-to-date return for the Fund's Institutional shares as <br />of October 31, 2012 is 8.88%.</tt> 1.800.543.0407 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Risks of Fund of Funds Structure: The value of an investment in the Fund is<br />based on the performance of the underlying funds in which it invests and the<br />allocation of its assets among those funds. The underlying funds may change<br />their investment goals, policies or practices and there can be no assurance that<br />the underlying funds will achieve their respective investment goals. Because the<br />Fund invests in mutual funds, it bears a proportionate share of the expenses<br />charged by the underlying funds in which it invests. The principal risks of an<br />investment in the Fund include the principal risks of investing in the underlying <br />funds.<br /><br />The Fund is exposed to the risks of the underlying funds in which it invests in<br />direct proportion to the amount of assets the Fund allocates to each underlying<br />fund. To the extent that the Fund invests more of its assets in one underlying<br />fund than another, the Fund will have greater exposure to the risks of that<br />underlying fund. One underlying fund may buy the same security that another<br />underlying fund is selling. You would indirectly bear the costs of both trades.<br />In addition, you may receive taxable gains from portfolio transactions by the<br />underlying funds, as well as taxable gains from the Fund's transactions in<br />shares of the underlying funds. The Fund's ability to achieve its investment<br />goal depends upon Ibbotson's skill in selecting the best mix of underlying<br />funds. There is the risk that Ibbotson's evaluations and assumptions regarding<br />the underlying funds may be incorrect in view of actual market conditions.<br /><br />The underlying funds are expected to be subject to the following principal risks.<br /> <br />o Underlying Equity Fund Risks: These underlying funds are subject to the risk <br />that stock prices will fall (or rise with respect to short positions) over short <br />or extended periods of time. Individual companies may report poor results or be <br />negatively affected by industry and/or economic trends and developments. <br />Conversely, the risk of price increases with respect to securities sold short <br />will also cause a decline in the value of the underlying fund's shares. The <br />prices of securities issued by these companies may decline in response to such <br />developments, which could result in a decline in the value of the underlying <br />fund's shares. The risks of investing in underlying equity funds include risks <br />specific to their investment strategies, such as investment style risk and <br />capitalization risk.<br /><br />o Underlying Fixed-Income Funds Risks: The prices of an underlying fund's fixed <br />income securities respond to economic developments, particularly interest rate <br />changes, as well as to perceptions about the creditworthiness of individual <br />issuers, including governments. Other principal risks include call risk and <br />high-yield debt ("junk bond") risk. Call risk refers to situations when an <br />issuer prepays (or "calls") a debt obligation prior to maturity and an <br />underlying fund holding that debt must invest the resulting proceeds at lower <br />interest rates. High-yield debt risk refers to non-investment grade debt <br />obligations ("junk bonds") that carry a higher risk of default by the issuer, <br />resulting in losses to the underlying fund, and are generally considered<br />speculative and less liquid than investment-grade debt obligations.<br /><br />o Derivatives Risk: Certain of the underlying funds may invest in derivatives, <br />such as futures, options or swap contracts, to pursue their investment goals. <br />The use of such derivatives may expose an underlying fund to additional risks <br />that it would not be subject to if it invested directly in the securities <br />underlying those derivatives, including the risk of counterparty default. <br />These additional risks could cause an underlying fund to experience losses to <br />which it would otherwise not be subject. An underlying fund may use derivatives <br />to gain exposure to (or hedge exposure against) a particular market, currency <br />or instrument, to adjust the underlying fund's duration or attempt to manage <br />interest rate risk, and for certain other purposes consistent with its <br />investment strategy. An underlying fund may not fully benefit from or may lose <br />money on derivative investments.<br /><br />o Foreign Securities Risk:&#xA0;&#xA0;Certain underlying funds may invest in foreign <br />securities, which pose risks in addition to those posed by domestic securities <br />because political and economic events unique in a country or region will affect <br />those markets and their issuers. These events will not necessarily affect the <br />U.S. economy or similar issuers located in the United States. In addition, <br />investments in foreign securities are generally denominated in foreign currency. <br />Foreign markets may be less liquid and more volatile than U.S. markets and offer <br />less protection to investors. Emerging markets may be more likely to experience <br />political turmoil or rapid changes in market or economic conditions than more <br />developed countries. In addition, the financial stability of issuers (including<br />governments) in emerging market countries may be more precarious than in other<br />countries.<br /><br />o Management Risk: The value of your investment may decrease if the sub-advisor's <br />judgment about the attractiveness, value or market trends affecting a particular <br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />o Merger Arbitrage Risk: Investments in companies that are expected to be, or <br />already are, the subject of a publicly announced transaction carry the risk that <br />the proposed or expected transaction may not be completed or may be completed on <br />less favorable terms than originally expected, which may lower performance.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and volatility <br />of an investment in the Fund by showing changes in the Fund's performance from <br />calendar year to calendar year and by showing how the Fund's average annual total <br />returns for 1 year, 5 years, and since inception compare with the Barclays U.S. <br />Aggregate Bond Index and Standard &amp; Poor's Composite 1500 Index. The bar chart <br />does not reflect any sales charges, which would reduce your return. The returns <br />achieved prior to November 19, 2007 were under a fund-of-managers structure. For <br />more information on the prior history of the Fund, please see the section entitled <br />"The Trust" in the Fund's SAI. Past performance (before and after taxes) does not <br />necessarily indicate how the Fund will perform in the future. Updated performance <br />is available at no cost by visiting www.TouchstoneInvestments.com or by calling <br />1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund. You may qualify for sales charge discounts for Class A shares <br />if you and your family invest, or agree to invest in the future, at least $50,000 <br />or more in the Touchstone Funds. More information about these and other discounts <br />is available from your financial professional and in the section entitled "Choosing <br />a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled <br />"Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035687Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035687Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax situation. <br /><br />The after-tax returns do not apply to shares held in an IRA, 401(k), or other <br />tax-deferred account. After-tax returns are only shown for Institutional shares <br />and after-tax returns for other Classes will vary. <br /><br />Institutional shares, Class A shares and Class C shares began operations on<br />September 30, 2004 and Class Y shares began operations on December 9, 2005. <br />Class Y shares performance was calculated using the historical performance of<br />Institutional shares for the periods prior to December 9, 2005.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035687Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035687Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) 0.0784 0.0650 0.0553 2004-09-30 Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes) 0.0175 0.0011 0.0416 2004-09-30 Institutional Return After Taxes on Distributions and Sale of Fund Shares 0.0094 0.0113 0.0367 2004-09-30 Institutional Return After Taxes on Distributions 0.0068 0.0077 0.0377 2004-09-30 TBAYX -15 0.0000 Class Y Return Before Taxes 102 505 -0.0124 2416 1014 0.0135 0.0120 0.0020 2014-04-16 0.0238 0.0000 0.0100 0.0224 0.0512 2004-09-30 0.0084 0.0000 TBAIX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 102 2009-06-30 3862 -0.1237 -0.2870 0.1067 10444 7165 0.0879 0.1493 0.0145 0.2866 -0.2620 0.0020 2014-04-16 2008-12-31 0.2444 0.0237 0.0680 The year-to-date return 0.0145 0.0000 0.0100 0.2970 0.1194 0.0512 2004-09-30 0.0888 0.0084 0.0000 TBACX -15 0.0000 Class C Return Before Taxes 303 203 700 -0.0049 2766 1254 -0.0057 0.0045 0.0020 2014-04-16 2766 0.0138 700 1254 0.0100 0.0200 0.0249 0.0411 2004-09-30 0.0084 0.0100 TBAAX -15 0.0575 Class A Return Before Taxes 695 1028 -0.0056 2509 1419 -0.0464 0.0052 0.0020 2014-04-16 0.0093 0.0025 0.0125 0.0181 0.0401 2004-09-30 0.0084 0.0000 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's <br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 88.66% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035686Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035686Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with current income and preservation of<br />capital.</tt> <tt>This example is intended to help you compare the cost of investing in the Fund <br />with the cost of investing in other mutual funds. The example assumes that you <br />invest $10,000 in the Fund for the time periods indicated and then, except as <br />indicated, redeem all of your shares at the end of those periods. The example <br />also assumes that your investment has a 5% return each year and that the<br />Fund's operating expenses remain the same (reflecting the contractual fee<br />waiver). Although your actual costs may be higher or lower, based on these<br />assumptions your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund is a "fund-of-funds," which seeks to achieve its investment goal by<br />primarily investing in a diversified portfolio of affiliated underlying equity<br />and fixed-income funds (although a portion of its assets may be invested in<br />cash, cash equivalents, or in money market funds). These affiliated underlying<br />funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income<br />securities.<br /><br />The following table details, under normal circumstances, how the Fund expects to<br />allocate its assets among equity and fixed-income funds.<br /> <br />Equity Fund Allocation&#xA0;&#xA0;&#xA0;Fixed-Income Fund Allocation<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;20-40%&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;60-80% <br /><br />The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop<br />an optimal model allocation among underlying funds using an analysis that looks<br />at forecasted returns, standard deviations in historical returns, and the<br />correlation of the performance of different market sectors. The Fund may invest<br />0-45% of its assets in any individual underlying fund.<br /><br />Ibbotson and the Fund's investment advisor agree from time to time upon the<br />universe of underlying funds that Ibbotson may consider when making allocation<br />decisions. Ibbotson's analysis in selecting and weighting the underlying funds<br />from that universe includes historical returns-based style analysis,<br />holdings-based style analysis, manager interviews, relative and absolute<br />performance, including correlations with other underlying funds as well as<br />corresponding benchmarks, and historical volatility (the variability of returns<br />from one period to the next). When considering equity funds, Ibbotson focuses<br />on the underlying funds' foreign and domestic exposure, market capitalization<br />ranges, use of derivative strategies, and investment style (growth vs. value). <br />When considering fixed-income funds, Ibbotson's primary focus is the overall<br />level of risk in the type of fixed-income securities in which the underlying<br />funds invest and on maximizing current income and long-term capital growth.<br /><br />Ibbotson, subject to approval by the Fund's investment advisor, may change the<br />Fund's target allocation to each asset class, the underlying funds in each <br />asset class (including adding or deleting underlying funds), or target allocations <br />to each underlying fund without prior approval from or notice to shareholders.<br /><br />Decisions to sell shares of the underlying funds are made to adjust an underlying <br />fund's target allocation based on Ibbotson's view of the Fund's characteristics <br />and other allocation criteria, for cash flow resulting from redemptions, or as a <br />result of periodic rebalancing of the Fund's holdings. For information on the <br />underlying funds, please see the section entitled "Additional Information <br />Regarding the Underlying Funds" under "Investment Strategies and Risks" in the <br />Fund's Prospectus.</tt> TOUCHSTONE CONSERVATIVE ALLOCATION FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 0.8866 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Conservative Allocation Fund - Institutional shares Total Return as of December 31 The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Barclays U.S. Aggregate Bond Index and Standard & Poor's Composite 1500 Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter:<br />Second Quarter 2009 +9.41% Third Quarter 2008 -7.11%<br /><br />The year-to-date return for the Fund's Institutional shares as <br />of October 31, 2012 is 6.15%.</tt> 1.800.543.0407 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /> <br />Risks of Fund of Funds Structure: The value of an investment in the Fund is<br />based on the performance of the underlying funds in which it invests and the<br />allocation of its assets among those funds. The underlying funds may change<br />their investment goals, policies or practices and there can be no assurance <br />that the underlying funds will achieve their respective investment goals. <br />Because the Fund invests in mutual funds, it bears a proportionate share of <br />the expenses charged by the underlying funds in which it invests. The <br />principal risks of an investment in the Fund include the principal risks of <br />investing in the underlying funds.<br /><br />The Fund is exposed to the risks of the underlying funds in which it invests in<br />direct proportion to the amount of assets the Fund allocates to each underlying<br />fund. To the extent that the Fund invests more of its assets in one underlying<br />fund than another, the Fund will have greater exposure to the risks of that<br />underlying fund. One underlying fund may buy the same security that another<br />underlying fund is selling. You would indirectly bear the costs of both trades.<br />In addition, you may receive taxable gains from portfolio transactions by the<br />underlying funds, as well as taxable gains from the Fund's transactions in<br />shares of the underlying funds. The Fund's ability to achieve its investment<br />goal depends upon Ibbotson's skill in selecting the best mix of underlying<br />funds. There is the risk that Ibbotson's evaluations and assumptions regarding<br />the underlying funds may be incorrect in view of actual market conditions.<br /><br />The underlying funds are expected to be subject to the following principal<br />risks.<br /><br />o Underlying Equity Fund Risks: These underlying funds are subject to the risk <br />that stock prices will fall (or rise with respect to short positions) over <br />short or extended periods of time.&#xA0;&#xA0;Individual companies may report poor results <br />or be negatively affected by industry and/or economic trends and developments. <br />Conversely, the risk of price increases with respect to securities sold short <br />will also cause a decline in the value of the underlying fund's shares. The <br />prices of securities issued by these companies may decline in response to such <br />developments, which could result in a decline in the value of the underlying <br />fund's shares. The risks of investing in underlying equity funds include risks <br />specific to their investment strategies, such as investment style risk and <br />capitalization risk..<br /><br />o Underlying Fixed Income Funds Risks: The prices of an underlying fund's fixed <br />income securities respond to economic developments, particularly interest rate <br />changes, as well as to perceptions about the creditworthiness of individual <br />issuers, including governments. Other principal risks include call risk and <br />high-yield debt ("junk bond") risk. Call risk refers to situations when an <br />issuer prepays (or "calls") a debt obligation prior to maturity and an <br />underlying fund holding that debt must invest the resulting proceeds at <br />lower interest rates. High-yield debt risk refers to non-investment grade <br />debt obligations ("junk bonds") that carry a higher risk of default by the <br />issuer, and are generally considered speculative and less liquid than<br />investment-grade debt obligations.<br /><br />o Derivatives Risk: Certain of the underlying funds may invest in derivatives, <br />such as futures, options or swap contracts, to pursue their investment goals. <br />The use of such derivatives may expose an underlying fund to additional risks <br />that it would not be subject to if it invested directly in the securities <br />underlying those derivatives, including the risk of counterparty default. <br />These additional risks could cause an underlying fund to experience losses <br />to which it would otherwise not be subject. An underlying fund may use <br />derivatives to gain exposure to (or hedge exposure against) a particular <br />market, currency or instrument, to adjust the underlying fund's duration or <br />attempt to manage interest rate risk, and for certain other purposes <br />consistent with its investment strategy. An underlying fund may not fully<br />benefit from or may lose money on derivative investments.<br /><br />o Foreign Securities Risk: Certain underlying funds may invest in foreign <br />securities, which pose risks in addition to those posed by domestic securities <br />because political and economic events unique in a country or region will affect <br />those markets and their issuers. These events will not necessarily affect the <br />U.S. economy or similar issuers located in the United States. In addition, <br />investments in foreign securities are generally denominated in foreign currency. <br />Foreign markets may be less liquid and more volatile than U.S. markets and offer <br />less protection to investors. Emerging markets may be more likely to experience <br />political turmoil or rapid changes in market or economic conditions than more <br />developed countries. In addition, the financial stability of issuers (including<br />governments) in emerging market countries may be more precarious than in other<br />countries.<br /><br />Management Risk: The value of your investment may decrease if the sub-advisor's<br />judgment about the attractiveness, value or market trends affecting a particular<br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />Merger Arbitrage Risk: Investments in companies that are expected to be, or<br />already are, the subject of a publicly announced transaction carry the risk that<br />the proposed or expected transaction may not be completed or may be completed on<br />less favorable terms than originally expected, which may lower performance.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal.&#xA0;&#xA0;You can find more information about the Fund's investments <br />and risks under the "Investment Strategies and Risks" section of the Fund's<br />Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and volatility <br />of an investment in the Fund by showing changes in the Fund's performance from <br />calendar year to calendar year and by showing how the Fund's average annual total <br />returns for 1 year, 5 years, and since inception compare with the Barclays U.S. <br />Aggregate Bond Index and Standard &amp; Poor's Composite 1500 Index. The bar chart <br />does not reflect any sales charges, which would reduce your return. The returns <br />achieved prior to November 19, 2007 were under a fund of managers structure. For <br />more information on the prior history of the Fund, please see the section entitled <br />"The Trust" in the Fund's SAI. Past performance (before and after taxes) does not <br />necessarily indicate how the Fund will perform in the future. Updated performance <br />is available at no cost by visiting www.TouchstoneInvestments.com or by calling <br />1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund. You may qualify for sales charge discounts for Class A shares <br />if you and your family invest, or agree to invest in the future, at least $50,000 <br />or more in the Touchstone Funds. More information about these and other discounts <br />is available from your financial professional and in the section entitled "Choosing <br />a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled <br />"Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035686Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035686Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax <br />situation. The after-tax returns do not apply to shares held in an IRA, 401(k), <br />or other tax-deferred account. After-tax returns are only shown for Institutional <br />shares and after-tax returns for other Classes will vary. <br /><br />Institutional shares, Class A shares and Class C shares began operations on<br />September 30, 2004, and Class Y shares began operations on December 9, 2005. <br />Class Y shares performance was calculated using the historical performance of<br />Institutional shares for the periods prior to December 9, 2005.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035686Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035686Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) 0.0784 0.0650 0.0553 2004-09-30 Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes) 0.0175 0.0011 0.0416 2004-09-30 Institutional Return After Taxes on Distributions and Sale of Fund Shares 0.0199 0.0280 0.0368 2004-09-30 Institutional Return After Taxes on Distributions 0.0202 0.0271 0.0379 2004-09-30 TSAYX -15 0.0000 Class Y Return Before Taxes 90 465 -0.0122 2272 945 0.0306 0.0118 0.0020 2014-04-16 0.0444 0.0000 0.0088 0.0210 0.0525 2004-09-30 0.0072 0.0000 TVAIX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 90 2009-06-30 356 -0.0711 -0.0050 0.0848 1586 677 0.0818 0.0941 0.0307 0.0046 -0.1356 0.0020 2014-04-16 2008-09-30 0.1886 0.0444 0.0430 The year-to-date return 0.0307 0.0000 0.0088 0.0138 0.0775 0.0525 2004-09-30 0.0615 0.0072 0.0000 TSACX -15 0.0000 Class C Return Before Taxes 291 191 671 -0.0054 2689 1211 0.0106 0.0050 0.0020 2014-04-16 2689 0.0339 671 1211 0.0100 0.0188 0.0242 0.0422 2004-09-30 0.0072 0.0100 TSAAX -15 0.0575 Class A Return Before Taxes 684 1000 -0.0061 2431 1377 -0.0318 0.0057 0.0020 2014-04-16 0.0295 0.0025 0.0113 0.0174 0.0413 2004-09-30 0.0072 0.0000 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's <br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 54.85% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035685Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035685Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with long-term capital appreciation.</tt> <tt>This example is intended to help you compare the cost of investing in the <br />Fund with the cost of investing in other mutual funds. The example assumes <br />that you invest $10,000 in the Fund for the time periods&#xA0;&#xA0;indicated and then,<br />except as indicated, redeem all of your shares at the end of those periods. <br />The example also assumes that your investment has a 5% return each year and <br />that the Fund's operating expenses remain the same (reflecting the contractual <br />fee waiver). Although your actual costs may be higher or lower, based on these<br />assumptions your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund normally invests at least 80% of its assets in equity of non-U.S.<br />issuers. This is a non-fundamental investment policy that can be changed by <br />the Fund upon 60 days' prior notice to shareholders.&#xA0;&#xA0;The Fund primarily <br />invests its assets in common stock of issuers located in developed markets. <br />Generally, the Fund limits its investments in any country to 25% or less of <br />its total assets, except that the Fund may invest more than 25% of its assets <br />in issuers organized in Japan or the United Kingdom or in securities quoted <br />or denominated in the Japanese yen, the British pound, or the euro.<br /><br />The Fund's sub-advisor, Acadian Asset Management LLC ("Acadian"), uses stock<br />factors in an effort to predict how well each security will perform relative <br />to its region/industry peer group and applies separate models to forecast peer<br />group returns. The two forecasts are then combined to determine a world-relative <br />return forecast for each stock in the allowable universe, and Acadian uses a <br />sophisticated portfolio optimization system to trade off the expected return <br />of the stocks with such considerations as the client's benchmark index, desired <br />level of risk, transaction cost estimates, available liquidity, and other <br />requirements. Acadian considers selling a security whose forecast has <br />deteriorated and may adjust its buy and sell decisions based on shifts in the <br />risk characteristics of a stock relative to other potential substitutes, the <br />overall portfolio and the benchmark.</tt> TOUCHSTONE INTERNATIONAL EQUITY FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 0.5485 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone International Equity Fund - Institutional shares Total Return as of December 31 The bar chart does not reflect any sales charges, which would reduce your return. The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the MSCI EAFE Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter: <br />Second Quarter 2009 +22.88%&#xA0;&#xA0;&#xA0;Third Quarter 2008 -23.46% <br /><br />The year-to-date return for the Fund's Institutional shares as <br />of October 31, 2012 is 11.83%.</tt> 1.800.543.0407 "Other expenses" for Class C shares have been restated to reflect estimated amounts for the current fiscal year. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Equity Securities Risk: The Fund is subject to the risk that stock prices will<br />fall over short or extended periods of time. Individual companies may report<br />poor results or be negatively affected by industry and/or economic trends and<br />developments. The prices of securities issued by these companies may decline in<br />response to such developments, which could result in a decline in the value of<br />the Fund's shares.<br /><br />Management Risk: The value of your investment may decrease if the sub-advisor's<br />judgment about the attractiveness, value or market trends affecting a particular<br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />Foreign Securities Risk: Investing in foreign securities poses additional risks<br />since political and economic events unique in a country or region will affect<br />those markets and their issuers. Because the Fund may invest a large portion of<br />its assets in securities of companies located in Japan and the United Kingdom,<br />the Fund's performance may be impacted by social, political, and economic<br />conditions within Japan and the United Kingdom. These events will not necessarily <br />affect the U.S. economy or similar issuers located in the United States. In <br />addition, investments in foreign securities are generally denominated in foreign <br />currency. As a result, changes in the value of those currencies compared to the <br />U.S. dollar may affect (positively or negatively) the value of the Fund's <br />investments. These currency movements may happen separately from, or in response <br />to, events that do not otherwise affect the value of the security in the issuer's <br />home country. There is a risk that foreign securities may not be subject to <br />accounting standards or governmental supervision comparable to U.S. companies and <br />that less public information about their operations may exist. There is risk <br />associated with the clearance and settlement procedures in non-U.S. markets, <br />which may be unable to keep pace with the volume of securities transactions and <br />may cause delays. Foreign markets may be less liquid and more volatile than U.S. <br />markets and offer less protection to investors. Over-the-counter securities may <br />also be less liquid than exchange-traded securities. <br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and volatility <br />of an investment in the Fund by showing changes in the Fund's performance from <br />calendar year to calendar year and by showing how the&#xA0;&#xA0;Fund's average annual total <br />returns for 1 year, 5 years, and since inception compare with the MSCI EAFE Index. <br />The bar chart does not reflect any sales charges, which would reduce your return. <br />For information on the prior history of the Fund, please see the section entitled <br />"The Trust" in the Fund's SAI. Past performance (before and after taxes) does not <br />necessarily indicate how the Fund will perform in the future. Updated performance <br />is available at no cost by visiting www.TouchstoneInvestments.com or by calling <br />1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund.&#xA0;&#xA0;You may qualify for sales charge discounts for Class A<br />shares if you and your family invest, or agree to invest in the future, at least<br />$50,000 or more in the Touchstone Funds.&#xA0;&#xA0;More information about these and other<br />discounts is available from your financial professional and in the section<br />entitled "Choosing a Class of Shares" in the Fund's Prospectus on page 56 and in<br />the section entitled "Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035685Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035685Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax <br />situation. The after-tax returns do not apply to shares held in an IRA, 401(k), <br />or other tax-deferred account. After-tax returns are only shown for Institutional <br />shares and after-tax returns for other Classes will vary.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035685Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035685Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> MSCI EAFE Index (reflects no deduction for fees, expenses or taxes) -0.1173 -0.0426 0.0018 2005-12-30 Institutional Return After Taxes on Distributions and Sale of Fund Shares -0.0718 -0.0569 -0.0197 2005-12-30 Institutional Return After Taxes on Distributions -0.1232 -0.0710 -0.0266 2005-12-30 TIEAX -15 0.0575 Class A Return Before Taxes 708 1905 -0.0736 7032 3512 -0.1652 0.0760 0.0090 2014-04-16 -0.0792 0.0025 0.0139 0.0875 -0.0324 2005-12-30 0.0000 TIEYX -15 0.0000 Class Y Return Before Taxes 116 1016 -0.0484 5278 2264 -0.1123 0.0508 0.0090 2014-04-16 -0.0659 0.0000 0.0114 0.0598 -0.0205 2005-12-30 0.0000 TIELX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 101 2009-06-30 443 -0.2346 -0.0092 0.1035 2100 881 0.1262 0.2288 -0.1101 0.0101 -0.4706 0.0090 2014-04-16 2008-09-30 0.2301 -0.0635 The year-to-date return -0.1101 0.0000 0.0099 0.0191 0.2455 -0.0179 2005-12-30 0.1183 0.0000 TIECX -15 0.0000 317 217 764 -0.0070 3077 1390 0.0094 0.0090 2014-04-16 3077 764 1390 0.0100 0.0214 0.0284 0.0100 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's <br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 172.76% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035684Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035684Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to provide investors with capital appreciation.</tt> <tt>This example is intended to help you compare the cost of investing in the Fund <br />with the cost of investing in other mutual funds. The example assumes that you <br />invest $10,000 in the Fund for the time periods indicated and then, except as <br />indicated, redeem all of your shares at the end of those periods. The example <br />also assumes that your investment has a 5% return each year and that the Fund's <br />operating expenses remain the same (reflecting the contractual fee waiver). <br />Although your actual costs may be higher or lower, based on these assumptions <br />your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>Under normal market conditions, the Fund invests primarily in equity securities<br />of "emerging growth companies", as defined below.&#xA0;&#xA0;Equity securities primarily<br />includes common stocks. Although the Fund may invest in emerging growth<br />companies of any size, the Fund emphasizes small- and mid-cap companies in its<br />portfolio. For purposes of this Fund, small- and mid-cap companies include<br />companies with market values generally within the range of market values of<br />issuers included in the Russell 2500&#x2122; Growth Index. The index measures the<br />performance of the small to mid-cap growth segment of the U.S. equity universe. <br />It includes those Russell 2500 companies with higher price-to-book ratios and<br />higher forecasted growth values.<br /><br />Copper Rock Capital Partners, LLC ("Copper Rock"), the Fund's sub-advisor,<br />considers an "emerging growth company" to be a company that exhibits high<br />quality, growth characteristics. Copper Rock employs a fundamental, bottom-up<br />investment approach that focuses on identifying emerging companies that Copper<br />Rock believes exhibit the potential for strong and sustainable revenue and<br />earnings growth, strong financial and competitive positions, and are led by<br />strong management teams. Copper Rock sells or reduces a position when the<br />target price for a stock is attained, there is a change in the company's<br />management team or business objectives, or when there is deterioration in a<br />company's fundamentals. Copper Rock seeks to construct a portfolio that is<br />diversified across sectors and industries.<br /><br />The Fund may engage in frequent and active trading of securities as part of its<br />principal investment strategy.</tt> TOUCHSTONE EMERGING GROWTH FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 1.7276 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Emerging Growth Fund - Institutional shares Total Return as of December 31 The bar chart does not reflect any sales charges, which would reduce your return. The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Russell 2500™ Growth Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter:<br />Fourth Quarter 2010 +19.83%&#xA0;&#xA0;&#xA0;Fourth Quarter 2008 -25.77% <br /><br />The year-to-date return for the Fund's Institutional shares as of <br />October 31, 2012 is 13.94%.</tt> 1.800.543.0407 "Other Expenses" for Class C shares have been restated to reflect estimated amounts for the current fiscal year. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Equity Securities Risk: The Fund is subject to the risk that stock prices will<br />fall over short or extended periods of time. Individual companies may report<br />poor results or be negatively affected by industry and/or economic trends and<br />developments. The prices of securities issued by these companies may decline in<br />response to such developments, which could result in a decline in the value of<br />the Fund's shares.<br /><br />Management Risk: The value of your investment may decrease if the sub-advisor's<br />judgment about the attractiveness, value or market trends affecting a particular<br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />Mid-Cap Risk: The Fund is subject to the risk that medium-capitalization stocks<br />may underperform other types of stocks or the equity markets as a whole. Stocks<br />of mid-sized companies may be subject to more abrupt or erratic market movements<br />than stocks of larger, more established companies. Mid-sized companies may have<br />limited product lines or financial resources, and may be dependent upon a<br />particular niche of the market.<br /><br />Small-Cap Risk: The Fund at times may be primarily invested in small-capitalization <br />companies. The Fund is subject to the risk that small-capitalization stocks may <br />underperform other types of stocks or the equity markets as a whole. Small-cap <br />stock risk is the risk that stocks of smaller companies may be subject to more <br />abrupt or erratic market movements than stocks of larger, more established <br />companies. Small companies may have limited product lines or financial resources, <br />or may be dependent upon a small or inexperienced management group. In addition, <br />small-cap stocks typically are traded in lower volume, and their issuers typically <br />are subject to greater degrees of changes in their earnings and prospects.<br /><br />Growth Investing Risk: Growth oriented funds may underperform when value investing <br />is in favor and growth stocks may be more volatile than other stocks because they <br />are more sensitive to investor perceptions of the issuing company's growth of <br />earnings potential.<br /><br />Portfolio Turnover Risk: The risk that high portfolio turnover is likely to<br />lead to increased Fund expenses that may result in lower investment returns. <br />High portfolio turnover is also likely to result in higher short-term capital<br />gains taxable to shareholders.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and<br />volatility of an investment in the Fund by showing changes in the Fund's<br />performance from calendar year to calendar year and by showing how the <br />Fund's average annual total returns for 1 year, 5 years, and since <br />inception compare with the Russell 2500&#x2122; Growth Index. The bar chart <br />does not reflect any sales charges, which would reduce your return. For <br />information on the prior history of the Fund, please see the section <br />entitled "The Trust" in the Fund's SAI. Past performance (before and <br />after taxes) does not necessarily indicate how the Fund will perform <br />in the future. Updated performance is available at no cost by visiting <br />www.TouchstoneInvestments.com or by calling 1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund. You may qualify for sales charge discounts for Class A shares <br />if you and your family invest, or agree to invest in the future, at least $50,000 <br />or more in the Touchstone Funds. More information about these and other discounts <br />is available from your financial professional and in the section entitled "Choosing <br />a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled <br />"Choosing a Share Class" in the Fund's SAI on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035684Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035684Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax <br />situation. The after-tax returns do not apply to shares held in an IRA, 401(k), <br />or other tax-deferred account. After-tax returns are only shown for Institutional <br />shares and after-tax returns for other Classes will vary. <br /><br />Institutional shares and Class A shares began operations on July 29, 2005, and<br />Class Y shares began operations on December 9, 2005. Class Y shares performance<br />was calculated using the historical performance of Class A shares for the periods <br />prior to December 9, 2005. The Class Y shares performance for this period has <br />been restated to exclude the maximum applicable sales charge for Class A shares.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035684Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035684Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Russell 2500™ Growth Index (reflects no deduction for fees, expenses or taxes) -0.0157 0.0289 0.0445 2005-07-29 Institutional Return After Taxes on Distributions and Sale of Fund Shares -0.0244 -0.0044 0.0181 2005-07-29 Institutional Return After Taxes on Distributions -0.0376 -0.0073 0.0195 2005-07-29 TGFYX -15 0.0000 Class Y Return Before Taxes 117 438 -0.0052 1900 822 -0.0398 0.0076 0.0090 2014-04-16 -0.0057 0.0000 0.0115 0.0167 0.0202 2005-07-29 0.0001 0.0000 TGFLX -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Institutional Return Before Taxes 102 2010-12-31 359 -0.2577 -0.0029 0.2719 1512 659 0.1879 0.1983 -0.0376 0.0038 -0.4823 0.0090 2014-04-16 2008-12-31 0.3042 -0.0037 The year-to-date return -0.0376 0.0000 0.0100 0.0129 0.1202 0.0223 2005-07-29 0.1394 0.0001 0.0000 TGFCX -15 0.0000 318 218 768 -0.0071 3095 1398 0.0095 0.0090 2014-04-16 3095 768 1398 0.0100 0.0215 0.0286 0.0001 0.0100 TGFAX -15 0.0575 Class A Return Before Taxes 709 1160 -0.0130 3273 1730 -0.0960 0.0154 0.0090 2014-04-16 -0.0198 0.0025 0.0140 0.0270 0.0085 2005-07-29 0.0001 0.0000 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes when Fund <br />shares are held in a taxable account. These costs, which are not reflected <br />in annual fund operating expenses or in the example, affect the Fund's<br />performance. During the most recent fiscal year, the portfolio turnover rate <br />of the Fund was 233.99% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExample_S000035678Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/BarChartData_S000035678Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Fund seeks to obtain long-term capital appreciation from hedged equity<br />investments with less risk than a fully invested, unhedged equity portfolio.</tt> <tt>This example is intended to help you compare the cost of investing in the Fund <br />with the cost of investing in other mutual funds. The example assumes that you <br />invest $10,000 in the Fund for the time periods indicated and then, except as <br />indicated, redeem all of your shares at the end of those periods. The example <br />also assumes that your investment has a 5% return each year and that the <br />Fund's operating expenses remain the same (reflecting the contractual fee<br />waiver). Although your actual costs may be higher or lower, based on these<br />assumptions your costs would be:</tt> reflects no deduction for fees, expenses or taxes <tt>The Fund's sub-advisor, Analytic Investors, LLC ("Analytic"), seeks to achieve<br />the Fund's investment goal by investing the Fund's assets in a combination of<br />equity securities, high quality short-term debt securities and derivative<br />instruments.<br /><br />Equity Strategy. The Fund normally invests at least 80% of its assets in equity<br />securities. This is a non-fundamental investment policy that can be changed by<br />the Fund upon 60 days' prior notice to shareholders.&#xA0;&#xA0;The Fund invests primarily<br />in long and short positions in U.S. large-cap stocks included in the Russell<br />1000&#xAE; Index, although the Fund may invest in small- and mid-cap equity securities. <br />The Fund buys securities "long" that Analytic believes will outperform and sells <br />securities "short" that Analytic believes will underperform. The Fund intends to <br />take long and short equity positions that may vary over time based on Analytic's <br />assessment of market conditions and other factors. The Fund's long equity exposure <br />is ordinarily expected to range from 80% to 130% and its short equity exposure <br />from 0% to 70% of the Fund's net assets, excluding cash. The Fund may take short <br />positions at the higher end of this range when it has reduced its written call <br />options positions under the options strategy (as described below) and may during <br />these periods hold a substantial portion of the Fund's total assets in high <br />quality short-term debt securities, cash, or cash equivalents.<br /> <br />Analytic selects common stocks and other equity securities for the Fund using a<br />proprietary system that ranks securities according to a quantitative model.&#xA0;&#xA0;The<br />model attempts to determine a security's intrinsic value by evaluating variables<br />such as relative valuation, price momentum, company fundamentals, liquidity and<br />risk.<br /> <br />Options Strategy. Analytic seeks to reduce the overall portfolio risk through<br />the use of options. The Fund's options strategy primarily focuses on the use of<br />writing (selling) call options on equity indexes or index exchange traded funds<br />("ETFs"). For these purposes, the Fund treats options on indexes and ETFs as<br />being written on securities having an aggregate value equal to the face or<br />notional amount of the index or ETF subject to the option. The Fund may sell<br />call options on broad-based domestic equity indexes or ETFs, such as the S&amp;P<br />100&#xAE; Index, as well as on narrower market indexes or ETFs or on indexes or ETFs<br />of companies in a particular industry or sector. The Fund may also sell call<br />options on foreign indexes or ETFs. The Fund seeks to write options on broad<br />and narrow-based indexes and ETFs that correlate with the price movements of <br />the Fund's equity securities.<br /> <br />The Fund may also buy index put options to help protect the Fund from market<br />declines that may occur in the future as the value of index put options increases <br />as the prices of the stocks constituting the index decrease. However, during <br />periods of market appreciation, the value of the index put option decreases <br />as these stocks increase in price.&#xA0;&#xA0;The Fund may also write (sell) covered <br />call options on individual equity securities. The Fund may also purchase put <br />options on individual equity securities which it owns.<br /><br />Other Derivative Strategies. In addition to the options strategy, the Fund may<br />use other derivatives for a variety of purposes, including: to hedge against<br />market and other risks in the portfolio; manage cash flows; and maintain market<br />exposure and adjust the characteristics of its investments to more closely<br />approximate those of its benchmark, with reduced transaction costs. Analytic<br />may also use futures contracts to seek to gain broad market exposure and/or to<br />hedge against market and other risks in the Fund's portfolio.<br />&#xA0;&#xA0;<br />The Fund may engage in frequent and active trading of securities as part of its<br />principal investment strategy. Analytic generally considers selling a security<br />when it reaches fair value estimate, when the company's fundamentals do not<br />appear to justify the current price, when there has been or there is an<br />expectation of an adverse change in the company's fundamentals, when the risks<br />of the security unexpectedly rise, or when other investment opportunities appear<br />more attractive.</tt> TOUCHSTONE DYNAMIC EQUITY FUND SUMMARY The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds. Example. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund's Investment Goal Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. You could lose money on your investment in the Fund and the Fund could return less than other investments. The Principal Risks Shareholder Fees (fees paid directly from your investment) Assuming Redemption at End of Period 2.3399 Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account. Touchstone Dynamic Equity Fund - Class Y shares Total Return as of December 31 The bar chart does not reflect any sales charges, which would reduce your return. The Fund's Performance 50000 The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and 10 years compare with the S&P 500 Index and the Citigroup 3-Month T-Bill Index. <tt>Best Quarter:&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;Worst Quarter:<br />Fourth Quarter 2011 +10.89%&#xA0;&#xA0;&#xA0;Fourth Quarter 2008 -16.78% <br /><br />The year-to-date return for the Fund's Class Y shares as of <br />October 31, 2012 is 8.0%.</tt> 1.800.543.0407 "Other Expenses" for Class C shares have been restated to reflect estimated amounts for the current fiscal year. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns For the periods ended December 31, 2011 Portfolio Turnover. <tt>The Fund's share price will fluctuate. You could lose money on your investment<br />in the Fund and the Fund could return less than other investments. The Fund is<br />subject to the principal risks summarized below.<br /><br />Covered Call Options Risk:&#xA0;&#xA0;Investments in covered calls involve certain risks. <br />These risks include:<br /><br />o Limited Gains. When the Fund writes a covered call option, the Fund makes <br />an obligation to deliver a security it already owns at an agreed-upon strike <br />price on or before a predetermined date in the future in return for a premium. <br />By selling a covered call option, the Fund may forego the opportunity to <br />benefit from an increase in the price of the underlying stock above the<br />exercise price, but continues to bear the risk of a decline in the value of the<br />underlying stock.&#xA0;&#xA0;While the Fund receives a premium for writing the call<br />option, the price the Fund realizes from the sale of stock upon exercise of the<br />option could be substantially below its prevailing market price.<br /> <br />o Lack of Liquidity for the Option. A liquid market may not exist for the option. <br />If the Fund is not able to close out the options transaction, the Fund will not <br />be able to sell the underlying security until the option expires or is exercised.<br /> <br />o Lack of Liquidity for the Security.&#xA0;&#xA0;The Fund's investment strategy may also <br />result in a lack of liquidity of the purchase and sale of portfolio securities. <br />Because the Fund will generally hold the stocks underlying the call option, the <br />Fund may be less likely to sell the stocks in its portfolio to take advantage <br />of new investment opportunities.<br /><br />Derivatives Risk: The Fund may invest in derivatives, such as futures and<br />options contracts, options related to futures contracts or swap contracts, to<br />pursue its investment goal. The use of such derivatives may expose the Fund to<br />additional risks to which it would otherwise not be subject. The lack of a<br />liquid secondary market for a particular derivative instrument may prevent the<br />Fund from closing its derivative positions and could adversely impact its<br />ability to achieve its goals and to realize profits or limit losses. Since<br />transactions in derivatives may involve leverage, a relatively small price<br />movement in a derivative may result in an immediate and substantial loss to the<br />Fund.<br /> <br />Equity Securities Risk: The Fund is subject to the risk that stock prices will<br />fall (or rise with respect to short positions) over short or extended periods of<br />time. Individual companies may report poor results or be negatively affected by<br />industry and/or economic trends and developments. The prices of securities<br />issued by these companies may decline in response to such developments, which<br />could result in a decline in the value of the Fund's shares. Conversely, the<br />risk of price increases with respect to securities sold short will also cause a<br />decline in the value of the Fund's shares.<br /><br />Management Risk: The value of your investment may decrease if the sub-advisor's<br />judgment about the attractiveness, value or market trends affecting a particular<br />security, issuer, industry or sector or about market movements is incorrect.<br /><br />Large-Cap Risk: Large-cap risk is the risk that stocks of larger companies may<br />underperform relative to those of small and mid-sized companies. Larger cap<br />companies may be unable to respond quickly to new competitive challenges, such<br />as changes in technology and consumer tastes, and also may not be able to attain<br />the high growth rate of successful smaller companies, especially during extended<br />periods of economic expansion.<br /><br />Futures Contracts Risk: A futures contract provides for the future sale by one<br />party and purchase by another party of a specified quantity of the security or<br />other financial instrument at a specified price and time. A futures contract on<br />an index is an agreement in which two parties agree to take or make delivery of<br />an amount of cash equal to the difference between the value of the index at the<br />close of the last trading day of the contract and the price at which the index<br />contract was originally written. The risks associated with futures include: the<br />potential inability to terminate or sell a position, the lack of a liquid <br />secondary market for the Fund's position and the risk that the counterparty to <br />the transaction will not meet its obligations.<br /><br />Foreign Securities Risk: Investing in foreign securities poses additional risks<br />since political and economic events unique in a country or region will affect<br />those markets and their issuers. These events will not necessarily affect the<br />U.S. economy or similar issuers located in the United States. Foreign markets<br />may be less liquid and more volatile than U.S. markets and offer less protection<br />to investors.<br /><br />Index and ETF Call Options Risk: Writing index and ETF call options is intended<br />to reduce the Fund's volatility and provide income, although it may also reduce<br />the Fund's ability to profit from increases in the value of its equity portfolio.<br /><br />Portfolio Turnover Risk: The risk that high portfolio turnover is likely to<br />lead to increased Fund expenses that may result in lower investment returns. <br />High portfolio turnover is also likely to result in higher short-term capital<br />gains taxable to shareholders.<br /> <br />Short Sales Risk: When selling a security short, the Fund will sell a security<br />it does not own at the then-current market price. The Fund borrows the security<br />to deliver to the buyer and is obligated to buy the security at a later date so<br />it can return the security to the lender. If a security sold short increases in<br />price, the Fund may have to cover its short position at a higher price than the<br />short sale price, resulting in a loss. To borrow the security, the Fund also<br />may be required to pay a premium, which would increase the cost of the security<br />sold short. The amount of any gain will be decreased, and the amount of any<br />loss increased, by the amount of the premium, dividends, interest or expenses<br />the Fund may be required to pay in connection with the short sale. In addition,<br />a lender may request, or market conditions may dictate, that securities sold<br />short be returned to the lender on short notice, and the Fund may have to buy<br />the securities sold short at an unfavorable price. If this occurs, any<br />anticipated gain to the Fund may be reduced or eliminated or the short sale may<br />result in a loss. In addition, because the Fund's loss on a short sale arises<br />from increases in the value of the security sold short, such loss is<br />theoretically unlimited. By contrast, the Fund's loss on a long position arises<br />from decreases in the value of the security and is limited by the fact that a<br />security's value cannot drop below zero.<br /> <br />Leverage Risk: By engaging in certain derivative strategies or investing the<br />proceeds received from selling securities short, the Fund is employing leverage,<br />which creates special risks. The use of leverage may increase the Fund's<br />exposure to long or short equity positions and make any change in the Fund's net<br />asset value greater than without the use of leverage. Leverage generally<br />results in increased volatility of returns.<br /><br />As with any mutual fund, there is no guarantee that the Fund will achieve its<br />investment goal. You can find more information about the Fund's investments and<br />risks under the "Investment Strategies and Risks" section of the Fund's<br />Prospectus.</tt> The Fund's Fees and Expenses After-tax returns are only shown for Class Y shares and after-tax returns for other Classes will vary. The Fund's Principal Investment Strategies www.TouchstoneInvestments.com <tt>The bar chart and the performance table below illustrate the risks and<br />volatility of an investment in the Fund by showing changes in the Fund's<br />performance from calendar year to calendar year and by showing how the <br />Fund's average annual total returns for 1 year, 5 years, and 10 years <br />compare with the S&amp;P 500 Index and the Citigroup 3-Month T-Bill Index. <br />The bar chart does not reflect any sales charges, which would reduce <br />your return. For information on the prior history of the Fund, please <br />see the section entitled "The Trust" in the Fund's SAI. Past performance <br />(before and after taxes) does not necessarily indicate how the Fund will <br />perform in the future. Updated performance is available at no cost by <br />visiting www.TouchstoneInvestments.com or by calling 1.800.543.0407.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the Fund.&#xA0;&#xA0;You may qualify for sales charge discounts for Class A<br />shares if you and your family invest, or agree to invest in the future, at least<br />$50,000 or more in the Touchstone Funds.&#xA0;&#xA0;More information about these and other<br />discounts is available from your financial professional and in the section<br />entitled "Choosing a Class of Shares" in the Fund's Prospectus on page 56 and in<br />the section entitled "Choosing a Share Class" in the Fund's Statement of<br />Additional Information ("SAI") on page 61.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/OperatingExpensesData_S000035678Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Assuming No Redemption <div style="display:none">~ http://www.TouchstoneInvestments.com/role/PerformanceTableData_S000035678Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local taxes. <br />Your after-tax returns may differ from those shown and depend on your tax <br />situation. The after-tax returns do not apply to shares held in an IRA, 401(k), <br />or other tax-deferred account. After-tax returns are only shown for Class Y <br />shares and after-tax returns for other Classes will vary.<br /><br />Class Y shares began operations on July 1, 1978, Class A shares, and Class C<br />shares began operations on March 31, 2005 and Institutional shares began<br />operations on December 9, 2005. Class A shares and Class C shares performance<br />was calculated using the historical performance of Class Y shares for the<br />periods prior to March 31, 2005 and Institutional shares performance was<br />calculated using the historical performance of Class Y shares for the periods<br />prior to December 9, 2005. The Class A shares performance for this period has<br />been restated to reflect the impact of Class A shares fees and expenses and the<br />Class C shares performance for this period has been restated to reflect the<br />impact of Class C shares fees and expenses.</tt> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ExpenseExampleNoRedemption_S000035678Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.TouchstoneInvestments.com/role/ShareholderFeesData_S000035678Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Citigroup 3-Month T-Bill Index (reflects no deduction for fees, expenses or taxes) 0.0008 0.0136 0.0185 S&P 500 Index (reflects no deduction for fees, expenses or taxes) 0.0211 -0.0025 0.0292 Class Y Return After Taxes on Distributions and Sale of Fund Shares 0.0531 -0.0363 0.0142 Class Y Return After Taxes on Distributions 0.0817 -0.0450 0.0141 TDEYX -0.1222 -15 Worst Quarter: Best Quarter: 0.0000 2012-10-31 Class Y Return Before Taxes 0.0125 259 2011-12-31 802 -0.1678 0.0987 -0.0004 0.0641 2929 1374 0.0169 0.1089 0.0817 0.0174 -0.3379 0.0085 2014-04-16 2008-12-31 0.0478 -0.0408 0.1536 The year-to-date return 0.0049 0.0817 0.2313 0.0000 0.0192 0.0256 0.0260 0.0869 0.080 0.0001 0.0000 TDELX -15 0.0000 Institutional Return Before Taxes 0.0125 254 841 -0.0044 3216 1485 0.0805 0.0209 0.0085 2014-04-16 -0.0406 0.0084 0.0000 0.0193 0.0251 0.0295 0.0001 0.0000 TDECX -15 0.0000 Class C Return Before Taxes 0.0125 459 359 1115 -0.0019 3971 1906 0.0612 0.0189 0.0085 2014-04-16 3971 -0.0503 1115 1906 0.0064 0.0100 0.0094 0.0356 0.0375 0.0001 0.0100 TDEAX -15 0.0575 Class A Return Before Taxes 0.0125 843 1430 -0.0027 3741 2059 0.0165 0.0197 0.0085 2014-04-16 -0.0543 0.0072 0.0025 0.0109 0.0281 0.0308 0.0001 0.0000 0000711080 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2012-11-30 2012-11-30 0000711080 ck0000711080:SummaryS000035689Memberck0000711080:S000035689Memberrr:AfterTaxesOnDistributionsAndSalesMemberck0000711080:C000109280Member 2012-11-30 2012-11-30 0000711080 ck0000711080:SummaryS000035689Memberck0000711080:S000035689Memberck0000711080:RRINDEX00005Member 2012-11-30 2012-11-30 0000711080 ck0000711080:SummaryS000035689Memberck0000711080:S000035689Member 2012-11-30 2012-11-30 0000711080 2012-11-30 2012-11-30 pure iso4217:USD "Other Expenses" for Class C shares have been restated to reflect estimated amounts for the current fiscal year. The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses. Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 1.55%, 2.30%, 1.30% and 1.25%, for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014, but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 1.39%, 2.14%, 1.14%, and 0.99%, for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014, but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. Class C shares commenced operations on April 16, 2012. Class C shares would have had substantially similar annual returns because the shares are invested in the same portfolio. Annual returns would differ only to the extent that the Classes have different expenses. Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 1.39%, 2.14%, 1.14%, and 0.99%, for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014, but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. Class C shares commenced operations on April 16, 2012. Class C shares would have had substantially similar annual returns because the shares are invested in the same portfolio. Annual returns would differ only to the extent that the Classes have different expenses. Expenses shown above have been restated to reflect a change in the Fund's contractual fee waiver, and will differ from the expenses shown in the Fund's Annual Report. Effective September 10, 2012, Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.33%, 1.08%, 0.08% and 0.08% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until September 10, 2013 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Following the expiration of the contractual fee waiver above, Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.41%, 1.16%, 0.16% and 0.16% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. The fee table reflects only expense limitations in effect until April 16, 2014. Effective September 10, 2012, Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.33%, 1.08%, 0.08%, and 0.08% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until September 10, 2013, but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Following the expiration of the contractual fee waiver above, Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.41%, 1.16%, 0.16%, and 0.16% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. The fee table reflects only expense limitations in effect until April 16, 2014. 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Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Nov. 30, 2012
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TOUCHSTONE CONSERVATIVE ALLOCATION FUND SUMMARY
Objective [Heading] rr_ObjectiveHeading The Fund's Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund seeks to provide investors with current income and preservation of
capital.
Expense [Heading] rr_ExpenseHeading The Fund's Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund. You may qualify for sales charge discounts for Class A shares
if you and your family invest, or agree to invest in the future, at least $50,000
or more in the Touchstone Funds. More information about these and other discounts
is available from your financial professional and in the section entitled "Choosing
a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled
"Choosing a Share Class" in the Fund's SAI on page 61.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected
in annual fund operating expenses or in the example, affect the Fund's
performance. During the most recent fiscal year, the portfolio turnover rate
of the Fund was 88.66% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 88.66%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The example assumes that you
invest $10,000 in the Fund for the time periods indicated and then, except as
indicated, redeem all of your shares at the end of those periods. The example
also assumes that your investment has a 5% return each year and that the
Fund's operating expenses remain the same (reflecting the contractual fee
waiver). Although your actual costs may be higher or lower, based on these
assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming Redemption at End of Period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming No Redemption
Strategy [Heading] rr_StrategyHeading The Fund's Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a "fund-of-funds," which seeks to achieve its investment goal by
primarily investing in a diversified portfolio of affiliated underlying equity
and fixed-income funds (although a portion of its assets may be invested in
cash, cash equivalents, or in money market funds). These affiliated underlying
funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income
securities.

The following table details, under normal circumstances, how the Fund expects to
allocate its assets among equity and fixed-income funds.

Equity Fund Allocation   Fixed-Income Fund Allocation
        20-40%                      60-80%

The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop
an optimal model allocation among underlying funds using an analysis that looks
at forecasted returns, standard deviations in historical returns, and the
correlation of the performance of different market sectors. The Fund may invest
0-45% of its assets in any individual underlying fund.

Ibbotson and the Fund's investment advisor agree from time to time upon the
universe of underlying funds that Ibbotson may consider when making allocation
decisions. Ibbotson's analysis in selecting and weighting the underlying funds
from that universe includes historical returns-based style analysis,
holdings-based style analysis, manager interviews, relative and absolute
performance, including correlations with other underlying funds as well as
corresponding benchmarks, and historical volatility (the variability of returns
from one period to the next). When considering equity funds, Ibbotson focuses
on the underlying funds' foreign and domestic exposure, market capitalization
ranges, use of derivative strategies, and investment style (growth vs. value).
When considering fixed-income funds, Ibbotson's primary focus is the overall
level of risk in the type of fixed-income securities in which the underlying
funds invest and on maximizing current income and long-term capital growth.

Ibbotson, subject to approval by the Fund's investment advisor, may change the
Fund's target allocation to each asset class, the underlying funds in each
asset class (including adding or deleting underlying funds), or target allocations
to each underlying fund without prior approval from or notice to shareholders.

Decisions to sell shares of the underlying funds are made to adjust an underlying
fund's target allocation based on Ibbotson's view of the Fund's characteristics
and other allocation criteria, for cash flow resulting from redemptions, or as a
result of periodic rebalancing of the Fund's holdings. For information on the
underlying funds, please see the section entitled "Additional Information
Regarding the Underlying Funds" under "Investment Strategies and Risks" in the
Fund's Prospectus.
Risk [Heading] rr_RiskHeading The Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock The Fund's share price will fluctuate. You could lose money on your investment
in the Fund and the Fund could return less than other investments. The Fund is
subject to the principal risks summarized below.

Risks of Fund of Funds Structure: The value of an investment in the Fund is
based on the performance of the underlying funds in which it invests and the
allocation of its assets among those funds. The underlying funds may change
their investment goals, policies or practices and there can be no assurance
that the underlying funds will achieve their respective investment goals.
Because the Fund invests in mutual funds, it bears a proportionate share of
the expenses charged by the underlying funds in which it invests. The
principal risks of an investment in the Fund include the principal risks of
investing in the underlying funds.

The Fund is exposed to the risks of the underlying funds in which it invests in
direct proportion to the amount of assets the Fund allocates to each underlying
fund. To the extent that the Fund invests more of its assets in one underlying
fund than another, the Fund will have greater exposure to the risks of that
underlying fund. One underlying fund may buy the same security that another
underlying fund is selling. You would indirectly bear the costs of both trades.
In addition, you may receive taxable gains from portfolio transactions by the
underlying funds, as well as taxable gains from the Fund's transactions in
shares of the underlying funds. The Fund's ability to achieve its investment
goal depends upon Ibbotson's skill in selecting the best mix of underlying
funds. There is the risk that Ibbotson's evaluations and assumptions regarding
the underlying funds may be incorrect in view of actual market conditions.

The underlying funds are expected to be subject to the following principal
risks.

o Underlying Equity Fund Risks: These underlying funds are subject to the risk
that stock prices will fall (or rise with respect to short positions) over
short or extended periods of time.  Individual companies may report poor results
or be negatively affected by industry and/or economic trends and developments.
Conversely, the risk of price increases with respect to securities sold short
will also cause a decline in the value of the underlying fund's shares. The
prices of securities issued by these companies may decline in response to such
developments, which could result in a decline in the value of the underlying
fund's shares. The risks of investing in underlying equity funds include risks
specific to their investment strategies, such as investment style risk and
capitalization risk..

o Underlying Fixed Income Funds Risks: The prices of an underlying fund's fixed
income securities respond to economic developments, particularly interest rate
changes, as well as to perceptions about the creditworthiness of individual
issuers, including governments. Other principal risks include call risk and
high-yield debt ("junk bond") risk. Call risk refers to situations when an
issuer prepays (or "calls") a debt obligation prior to maturity and an
underlying fund holding that debt must invest the resulting proceeds at
lower interest rates. High-yield debt risk refers to non-investment grade
debt obligations ("junk bonds") that carry a higher risk of default by the
issuer, and are generally considered speculative and less liquid than
investment-grade debt obligations.

o Derivatives Risk: Certain of the underlying funds may invest in derivatives,
such as futures, options or swap contracts, to pursue their investment goals.
The use of such derivatives may expose an underlying fund to additional risks
that it would not be subject to if it invested directly in the securities
underlying those derivatives, including the risk of counterparty default.
These additional risks could cause an underlying fund to experience losses
to which it would otherwise not be subject. An underlying fund may use
derivatives to gain exposure to (or hedge exposure against) a particular
market, currency or instrument, to adjust the underlying fund's duration or
attempt to manage interest rate risk, and for certain other purposes
consistent with its investment strategy. An underlying fund may not fully
benefit from or may lose money on derivative investments.

o Foreign Securities Risk: Certain underlying funds may invest in foreign
securities, which pose risks in addition to those posed by domestic securities
because political and economic events unique in a country or region will affect
those markets and their issuers. These events will not necessarily affect the
U.S. economy or similar issuers located in the United States. In addition,
investments in foreign securities are generally denominated in foreign currency.
Foreign markets may be less liquid and more volatile than U.S. markets and offer
less protection to investors. Emerging markets may be more likely to experience
political turmoil or rapid changes in market or economic conditions than more
developed countries. In addition, the financial stability of issuers (including
governments) in emerging market countries may be more precarious than in other
countries.

Management Risk: The value of your investment may decrease if the sub-advisor's
judgment about the attractiveness, value or market trends affecting a particular
security, issuer, industry or sector or about market movements is incorrect.

Merger Arbitrage Risk: Investments in companies that are expected to be, or
already are, the subject of a publicly announced transaction carry the risk that
the proposed or expected transaction may not be completed or may be completed on
less favorable terms than originally expected, which may lower performance.

As with any mutual fund, there is no guarantee that the Fund will achieve its
investment goal.  You can find more information about the Fund's investments
and risks under the "Investment Strategies and Risks" section of the Fund's
Prospectus.
Risk Lose Money [Text] rr_RiskLoseMoney You could lose money on your investment in the Fund and the Fund could return less than other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading The Fund's Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and the performance table below illustrate the risks and volatility
of an investment in the Fund by showing changes in the Fund's performance from
calendar year to calendar year and by showing how the Fund's average annual total
returns for 1 year, 5 years, and since inception compare with the Barclays U.S.
Aggregate Bond Index and Standard & Poor's Composite 1500 Index. The bar chart
does not reflect any sales charges, which would reduce your return. The returns
achieved prior to November 19, 2007 were under a fund of managers structure. For
more information on the prior history of the Fund, please see the section entitled
"The Trust" in the Fund's SAI. Past performance (before and after taxes) does not
necessarily indicate how the Fund will perform in the future. Updated performance
is available at no cost by visiting www.TouchstoneInvestments.com or by calling
1.800.543.0407.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Barclays U.S. Aggregate Bond Index and Standard & Poor's Composite 1500 Index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1.800.543.0407
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.TouchstoneInvestments.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Touchstone Conservative Allocation Fund - Institutional shares Total Return as of December 31
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter:              Worst Quarter:
Second Quarter 2009 +9.41% Third Quarter 2008 -7.11%

The year-to-date return for the Fund's Institutional shares as
of October 31, 2012 is 6.15%.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local taxes.
Your after-tax returns may differ from those shown and depend on your tax
situation. The after-tax returns do not apply to shares held in an IRA, 401(k),
or other tax-deferred account. After-tax returns are only shown for Institutional
shares and after-tax returns for other Classes will vary.

Institutional shares, Class A shares and Class C shares began operations on
September 30, 2004, and Class Y shares began operations on December 9, 2005.
Class Y shares performance was calculated using the historical performance of
Institutional shares for the periods prior to December 9, 2005.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns For the periods ended December 31, 2011
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Standard & Poor's Composite 1500 Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes)
1 Year rr_AverageAnnualReturnYear01 1.75%
5 Years rr_AverageAnnualReturnYear05 0.11%
Since Inception rr_AverageAnnualReturnSinceInception 4.16%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Barclays U.S. Aggregate Bond Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 6.50%
Since Inception rr_AverageAnnualReturnSinceInception 5.53%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.57%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.72%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.74% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.61%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 1.13%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 684
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,000
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,377
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,431
Label rr_AverageAnnualReturnLabel Class A Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (3.18%)
5 Years rr_AverageAnnualReturnYear05 2.95%
Since Inception rr_AverageAnnualReturnSinceInception 4.13%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.50%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.72%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.42% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.54%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 1.88%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 291
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 671
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,211
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,689
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 191
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 671
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,211
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,689
Label rr_AverageAnnualReturnLabel Class C Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 1.06%
5 Years rr_AverageAnnualReturnYear05 3.39%
Since Inception rr_AverageAnnualReturnSinceInception 4.22%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Class Y
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 1.18%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.72%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.10% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (1.22%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 0.88%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 90
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 465
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 945
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,272
Label rr_AverageAnnualReturnLabel Class Y Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 3.06%
5 Years rr_AverageAnnualReturnYear05 4.44%
Since Inception rr_AverageAnnualReturnSinceInception 5.25%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Institutional
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.46%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.72%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.38% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.50%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 0.88%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 90
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 356
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 677
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,586
Annual Return 2005 rr_AnnualReturn2005 4.30%
Annual Return 2006 rr_AnnualReturn2006 7.75%
Annual Return 2007 rr_AnnualReturn2007 8.18%
Annual Return 2008 rr_AnnualReturn2008 (13.56%)
Annual Return 2009 rr_AnnualReturn2009 18.86%
Annual Return 2010 rr_AnnualReturn2010 8.48%
Annual Return 2011 rr_AnnualReturn2011 3.07%
Year to Date Return, Label rr_YearToDateReturnLabel The year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Oct. 31, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 6.15%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.41%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (7.11%)
Label rr_AverageAnnualReturnLabel Institutional Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 3.07%
5 Years rr_AverageAnnualReturnYear05 4.44%
Since Inception rr_AverageAnnualReturnSinceInception 5.25%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Institutional | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Institutional Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 2.02%
5 Years rr_AverageAnnualReturnYear05 2.71%
Since Inception rr_AverageAnnualReturnSinceInception 3.79%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Conservative Allocation Fund (Prospectus Summary) | Touchstone Conservative Allocation Fund | Institutional | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Institutional Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 1.99%
5 Years rr_AverageAnnualReturnYear05 2.80%
Since Inception rr_AverageAnnualReturnSinceInception 3.68%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
[1] The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
[2] Expenses shown above have been restated to reflect a change in the Fund's contractual fee waiver, and will differ from the expenses shown in the Fund's Annual Report.
[3] Effective September 10, 2012, Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.33%, 1.08%, 0.08% and 0.08% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until September 10, 2013 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Following the expiration of the contractual fee waiver above, Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.41%, 1.16%, 0.16% and 0.16% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. The fee table reflects only expense limitations in effect until April 16, 2014.
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Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Nov. 30, 2012
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TOUCHSTONE GROWTH ALLOCATION FUND SUMMARY
Objective [Heading] rr_ObjectiveHeading The Fund's Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund seeks to provide investors with capital appreciation.
Expense [Heading] rr_ExpenseHeading The Fund's Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares of the Fund.  You may qualify for sales charge discounts for Class A shares
if you and your family invest, or agree to invest in the future, at least $50,000
or more in the Touchstone Funds.  More information about these and other discounts
is available from your financial professional and in the section entitled "Choosing
a Class of Shares" in the Fund's Prospectus on page 56 and in the section entitled
"Choosing a Share Class" in the Fund's SAI on page 61.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees(fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected
in annual fund operating expenses or in the example, affect the Fund's
performance. During the most recent fiscal year, the portfolio turnover rate
of the Fund was 76.54% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 76.54%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts for Class A shares if you and your family invest, or agree to invest in the future, at least $50,000 or more in the Touchstone Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the
Fund with the cost of investing in other mutual funds. The example assumes
that you invest $10,000 in the Fund for the time periods indicated and then,
except as indicated, redeem all of your shares at the end of those periods.
The example also assumes that your investment has a 5% return each year and
that the Fund's operating expenses remain the same (reflecting the contractual
fee waiver). Although your actual costs may be higher or lower, based on these
assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Assuming Redemption at End of Period
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Assuming No Redemption
Strategy [Heading] rr_StrategyHeading The Fund's Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a "fund-of-funds," which seeks to achieve its investment goal by
primarily investing in a diversified portfolio of affiliated underlying equity
and fixed-income funds (although a portion of its assets may be invested in
cash, cash equivalents, or in money market funds). These affiliated underlying
funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income
securities.

The following table details, under normal circumstances, how the Fund expects to
allocate its assets among equity and fixed-income funds.

              Equity Fund Allocation   Fixed-Income Fund Allocation
                     90-100%                      0-10%

The Fund's sub-advisor, Ibbotson Associates, Inc. ("Ibbotson"), seeks to develop
an optimal model allocation among underlying funds using an analysis that looks
at forecasted returns, standard deviations in historical returns, and the
correlation of the performance of different market sectors. The Fund may invest
0-45% of its assets in any individual underlying fund.

Ibbotson and the Fund's investment advisor agree from time to time upon the
universe of underlying funds that Ibbotson may consider when making allocation
decisions. Ibbotson's analysis in selecting and weighting the underlying funds
from that universe includes historical returns-based style analysis,
holdings-based style analysis, manager interviews, relative and absolute
performance, including correlations with other underlying funds as well as
corresponding benchmarks, and historical volatility (the variability of returns
from one period to the next). When considering equity funds, Ibbotson focuses
on the underlying funds' foreign and domestic exposure, market capitalization
ranges, use of derivative strategies, and investment style (growth vs. value).
When considering fixed-income funds, Ibbotson's primary focus is the overall
level of risk in the type of fixed income securities in which the underlying
funds invest and on maximizing current income and long-term capital growth.

Ibbotson, subject to approval by the Fund's investment advisor, may change the
Fund's target allocation to each asset class, the underlying funds in each asset
class (including adding or deleting underlying funds), or target allocations to
each underlying fund without prior approval from or notice to shareholders.

Decisions to sell shares of the underlying funds are made to adjust an underlying
fund's target allocation based on Ibbotson's view of the Fund's characteristics
and other allocation criteria, for cash flow resulting from redemptions, or as a
result of periodic rebalancing of the Fund's holdings. For information on the
underlying funds, please see the section entitled "Additional Information
Regarding the Underlying Funds" under "Investment Strategies and Risks" in the
Fund's Prospectus.
Risk [Heading] rr_RiskHeading The Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock The Fund's share price will fluctuate. You could lose money on your investment
in the Fund and the Fund could return less than other investments. The Fund is
subject to the principal risks summarized below.

Risks of Fund of Funds Structure: The value of an investment in the Fund is
based on the performance of the underlying funds in which it invests and the
allocation of its assets among those funds. The underlying funds may change
their investment goals, policies or practices and there can be no assurance that
the underlying funds will achieve their respective investment goals. Because the
Fund invests in mutual funds, it bears a proportionate share of the expenses
charged by the underlying funds in which it invests. The principal risks of an
investment in the Fund include the principal risks of investing in the
underlying funds.

The Fund is exposed to the risks of the underlying funds in which it invests in
direct proportion to the amount of assets the Fund allocates to each underlying
fund. To the extent that the Fund invests more of its assets in one underlying
fund than another, the Fund will have greater exposure to the risks of that
underlying fund. One underlying fund may buy the same security that another
underlying fund is selling. You would indirectly bear the costs of both trades.
In addition, you may receive taxable gains from portfolio transactions by the
underlying funds, as well as taxable gains from the Fund's transactions in
shares of the underlying funds. The Fund's ability to achieve its investment
goal depends upon Ibbotson's skill in selecting the best mix of underlying
funds. There is the risk that Ibbotson's evaluations and assumptions regarding
the underlying funds may be incorrect in view of actual market conditions.

The underlying funds are expected to be subject to the following principal
risks.

o Underlying Equity Fund Risks: These underlying funds are subject to the
risk that stock prices will fall (or rise with respect to short positions)
over short or extended periods of time. Individual companies may report poor
results or be negatively affected by industry and/or economic trends and
developments. Conversely, the risk of price increases with respect to
securities sold short will also cause a decline in the value of the underlying
fund's shares. The prices of securities issued by these companies may decline in
response to such developments, which could result in a decline in the value of
the underlying fund's shares. The risks of investing in underlying equity funds
include risks specific to their investment strategies, such as investment style
risk and capitalization risk.

o Underlying Fixed Income Funds Risks: The prices of an underlying fund's fixed
income securities respond to economic developments, particularly interest rate
changes, as well as to perceptions about the creditworthiness of individual
issuers, including governments. Other principal risks include call risk and
high-yield debt ("junk bond") risk. Call risk refers to situations when an
issuer prepays (or "calls") a debt obligation prior to maturity and an
underlying fund holding that debt  must invest the resulting proceeds at lower
interest rates. High-yield debt risk refers to non-investment grade debt
obligations ("junk bonds") that carry a higher risk of default by the issuer,
resulting in losses to the underlying fund, and are generally considered
speculative and less liquid than investment-grade debt obligations.

o Derivatives Risk: Certain of the underlying funds may invest in derivatives,
such as futures, options or swap contracts, to pursue their investment goals.
The use of such derivatives may expose an underlying fund to additional risks
that it would not be subject to if it invested directly in the securities
underlying those derivatives, including the risk of counterparty default.
These additional risks could cause an underlying fund to experience losses to
which it would otherwise not be subject. An underlying fund may use derivatives
to gain exposure to (or hedge exposure against) a particular market, currency
or instrument, to adjust the underlying fund's duration or attempt to manage
interest rate risk, and for certain other purposes consistent with its
investment strategy. An underlying fund may not fully benefit from or may
lose money on derivative investments.

o Foreign Securities Risk: Certain underlying funds may invest in foreign
securities, which pose risks in addition to those posed by domestic securities
because political and economic events unique in a country or region will affect
those markets and their issuers. These events will not necessarily affect the
U.S. economy or similar issuers located in the United States. In addition,
investments in foreign securities are generally denominated in foreign currency.
Foreign markets may be less liquid and more volatile than U.S. markets and offer
less protection to investors. Emerging markets may be more likely to experience
political turmoil or rapid changes in market or economic conditions than more
developed countries. In addition, the financial stability of issuers (including
governments) in emerging market countries may be more precarious than in other
countries.

o Management Risk:  The value of your investment may decrease if the sub-advisor's
judgment about the attractiveness, value or market trends affecting a particular
security, issuer, industry or sector or about market movements is incorrect.

o Merger Arbitrage Risk:  Investments in companies that are expected to be, or
already are, the subject of a publicly announced transaction carry the risk that
the proposed or expected transaction may not be completed or may be completed on
less favorable terms than originally expected, which may lower performance.

As with any mutual fund, there is no guarantee that the Fund will achieve its
investment goal. You can find more information about the Fund's investments and
risks under the "Investment Strategies and Risks" section of the Fund's Prospectus.
Risk Lose Money [Text] rr_RiskLoseMoney You could lose money on your investment in the Fund and the Fund could return less than other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading The Fund's Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and the performance table below illustrate the risks and volatility
of an investment in the Fund by showing changes in the Fund's performance from
calendar year to calendar year and by showing how the Fund's average annual total
returns for 1 year, 5 years, and since inception compare with the Standard & Poor's
Composite 1500 Index. The bar chart does not reflect any sales charges, which would
reduce your return. The returns achieved prior to November 19, 2007 were under a
fund-of-managers structure. For more information on the prior history of the Fund,
please see the section entitled "The Trust" in the Fund's SAI. Past performance
(before and after taxes) does not necessarily indicate how the Fund will perform
in the future. Updated performance is available at no cost by visiting
www.TouchstoneInvestments.com or by calling 1.800.543.0407.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and the performance table below illustrate the risks and volatility of an investment in the Fund by showing changes in the Fund's performance from calendar year to calendar year and by showing how the Fund's average annual total returns for 1 year, 5 years, and since inception compare with the Standard & Poor's Composite 1500 Index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1.800.543.0407
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.TouchstoneInvestments.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Touchstone Growth Allocation Fund - Institutional shares Total Return as of December 31
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect any sales charges, which would reduce your return.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter:                 Worst Quarter:
Second Quarter 2009 +20.62%   Fourth Quarter 2008 -23.79%

The year-to-date return for the Fund's Institutional shares as
of October 31, 2012 is 11.43%.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your after-tax returns may differ from those shown and depend on your tax situation. The after-tax returns do not apply to shares held in an IRA, 401(k), or other tax-deferred account.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are only shown for Institutional shares and after-tax returns for other Classes will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local taxes.
Your after-tax returns may differ from those shown and depend on your tax situation.

The after-tax returns do not apply to shares held in an IRA, 401(k), or other
tax-deferred account.  After-tax returns are only shown for Institutional shares
and after-tax returns for other Classes will vary.

Institutional shares, Class A shares and Class C shares began operations on
September 30, 2004 and Class Y shares began operations on December 9, 2005.
Class Y shares performance was calculated using the historical performance of
Institutional shares for the periods prior to December 9, 2005.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns For the periods ended December 31, 2011
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Standard & Poor's Composite 1500 Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Standard & Poor's Composite 1500 Index (reflects no deduction for fees, expenses or taxes)
1 Year rr_AverageAnnualReturnYear01 1.75%
5 Years rr_AverageAnnualReturnYear05 0.11%
Since Inception rr_AverageAnnualReturnSinceInception 4.16%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.71%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.98%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.19% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.80%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 1.39%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 708
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,102
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,569
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,857
Label rr_AverageAnnualReturnLabel Class A Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (7.85%)
5 Years rr_AverageAnnualReturnYear05 (3.21%)
Since Inception rr_AverageAnnualReturnSinceInception 2.78%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.62%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.98%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.85% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.71%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 2.14%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 317
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 774
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,402
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 3,093
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 217
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 774
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,402
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 3,093
Label rr_AverageAnnualReturnLabel Class C Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (3.98%)
5 Years rr_AverageAnnualReturnYear05 (2.80%)
Since Inception rr_AverageAnnualReturnSinceInception 2.84%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Class Y
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 1.37%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.98%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.60% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (1.46%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 1.14%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 116
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 581
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,166
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,758
Label rr_AverageAnnualReturnLabel Class Y Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (2.06%)
5 Years rr_AverageAnnualReturnYear05 (1.81%)
Since Inception rr_AverageAnnualReturnSinceInception 3.88%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Institutional
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or the amount redeemed, whichever is less) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Wire Redemption Fee rr_RedemptionFee (15)
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 7.43%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.98%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 8.66% [1]
Fee Waivers and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (7.52%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement rr_NetExpensesOverAssets 1.14%
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-04-16
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 116
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,441
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 3,125
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 6,825
Annual Return 2005 rr_AnnualReturn2005 10.31%
Annual Return 2006 rr_AnnualReturn2006 17.89%
Annual Return 2007 rr_AnnualReturn2007 7.88%
Annual Return 2008 rr_AnnualReturn2008 (42.04%)
Annual Return 2009 rr_AnnualReturn2009 30.55%
Annual Return 2010 rr_AnnualReturn2010 14.00%
Annual Return 2011 rr_AnnualReturn2011 (2.14%)
Year to Date Return, Label rr_YearToDateReturnLabel The year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Oct. 31, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.43%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.62%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.79%)
Label rr_AverageAnnualReturnLabel Institutional Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (2.14%)
5 Years rr_AverageAnnualReturnYear05 (1.85%)
Since Inception rr_AverageAnnualReturnSinceInception 3.85%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Institutional | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Institutional Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 (4.97%)
5 Years rr_AverageAnnualReturnYear05 (3.27%)
Since Inception rr_AverageAnnualReturnSinceInception 2.71%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
Touchstone Growth Allocation Fund (Prospectus Summary) | Touchstone Growth Allocation Fund | Institutional | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Institutional Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 (1.41%)
5 Years rr_AverageAnnualReturnYear05 (2.27%)
Since Inception rr_AverageAnnualReturnSinceInception 2.75%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2004
[1] The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets that are included in the Fund's Annual Report dated July 31, 2012, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
[2] Expenses shown above have been restated to reflect a change in the Fund's contractual fee waiver, and will differ from the expenses shown in the Fund's Annual Report.
[3] Effective September 10, 2012, Touchstone Advisors and the Trust have entered into an expense limitation agreement whereby Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.33%, 1.08%, 0.08%, and 0.08% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until September 10, 2013, but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Following the expiration of the contractual fee waiver above, Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit annual fund operating expenses to 0.41%, 1.16%, 0.16%, and 0.16% for Class A shares, Class C shares, Class Y shares, and Institutional shares, respectively. This expense limitation will remain in effect until at least April 16, 2014 but can be terminated by a vote of the Board of Trustees of the Fund if they deem the termination to be beneficial to the Fund shareholders. Touchstone Advisors is entitled to recoup, subject to approval by the Board of Trustees of the Fund, such amounts reduced or reimbursed for a period of up to three (3) years from the year in which Touchstone Advisors reduced its compensation and/or assumed expenses for the Fund. No recoupment will occur unless the Fund's expenses are below the expense limitation. See the discussion entitled "Contractual Fee Waiver Agreement" under the section entitled "The Funds' Management" in the Fund's Prospectus for more information. The fee table reflects only expense limitations in effect until April 16, 2014.
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