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Trending ETFs

Name

As of 03/30/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.97

$10.4 M

3.53%

$0.28

0.69%

Vitals

YTD Return

0.4%

1 yr return

-13.2%

3 Yr Avg Return

-3.5%

5 Yr Avg Return

N/A

Net Assets

$10.4 M

Holdings in Top 10

15.2%

52 WEEK LOW AND HIGH

$8.0
$7.08
$9.22

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/30/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.97

$10.4 M

3.53%

$0.28

0.69%

TYBAX - Profile

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return -3.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Touchstone Anti-Benchmark® International Core Equity Fund
  • Fund Family Name
    Touchstone
  • Inception Date
    Nov 19, 2018
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ayaaz Allymun

Fund Description

The Fund invests, under normal market conditions, at least 80% of its assets in equity securities of non-U.S. issuers. The Fund’s 80% policy is a non-fundamental investment policy that can be changed by the Fund upon 60 days’ prior notice to shareholders. The Fund pursues its objective by seeking to track the net total return, before fees and expenses, of the TOBAM Anti–Benchmark® International Core Equity Index (the "Index"). The Index is a proprietary rules–based index created by the Fund's sub–advisor, TOBAM S.A.S. ("TOBAM"), which is designed to create a more diversified portfolio of equity securities of non-U.S. issuers relative to traditional market capitalization weighted benchmarks. The Fund intends to fully replicate the Index to achieve its investment objective, meaning the Fund will generally invest in all of the component securities of the Index in the same approximate proportions as the Index.
The equity securities that comprise the Index primarily include common and preferred stock of non-U.S. companies that trade on foreign exchanges. TOBAM may replace the common or preferred stock of a foreign issuer with a depositary receipt when it deems the depositary receipt to be more liquid than the corresponding stock. In determining whether a company is foreign, TOBAM primarily looks to both the country of incorporation and the main listing country. If both of these countries are non-U.S., the company is considered non-U.S. for purposes of inclusion in the Index. The Index is comprised of securities of issuers located in developed markets. TOBAM considers the following countries to be developed markets for these purposes: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.
The Index is based on TOBAM's proprietary quantitative model, which selects and weights companies to maximize diversification. TOBAM quantitatively selects securities, subject to certain constraints, that maximize the portfolio's patented Diversification Ratio®, a proprietary mathematical metric based on the volatility of each Index constituent and its correlation to the other Index constituents. Such constraints include a minimum and maximum weight for any given stock, as well as geographic and country constraints. TOBAM's Anti-Benchmark® strategy seeks to avoid the concentration risk that exists in traditional market capitalization-weighted indices through its quantitative approach to diversification.
The Index typically is reconstituted (i.e., Index constituents are added or deleted and weights are reset) monthly. The Fund is rebalanced following the same schedule as the Index. The Fund may engage in frequent and active trading as part of its principal investment strategies.
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TYBAX - Performance

Return Ranking - Trailing

Period TYBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -28.5% 12.2% 92.63%
1 Yr -13.2% -31.2% 121.5% 89.93%
3 Yr -3.5%* -52.6% 123.6% 97.99%
5 Yr N/A* -11.3% 58.0% N/A
10 Yr N/A* -5.9% 10.0% N/A

* Annualized

Return Ranking - Calendar

Period TYBAX Return Category Return Low Category Return High Rank in Category (%)
2023 -20.0% -45.5% 71.3% 75.62%
2022 -8.3% -15.4% 11.9% 96.62%
2021 3.4% -10.4% 121.9% 40.52%
2020 3.0% -33.7% 8.5% 91.12%
2019 N/A -13.0% 27.5% N/A

Total Return Ranking - Trailing

Period TYBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -28.5% 12.2% 92.63%
1 Yr -13.2% -31.2% 121.5% 89.93%
3 Yr -3.5%* -52.6% 123.6% 97.99%
5 Yr N/A* -11.3% 58.0% N/A
10 Yr N/A* -3.1% 10.0% N/A

* Annualized

Total Return Ranking - Calendar

Period TYBAX Return Category Return Low Category Return High Rank in Category (%)
2023 -20.0% -45.5% 71.3% 75.62%
2022 -8.3% -15.4% 11.9% 96.62%
2021 3.4% -10.4% 121.9% 40.52%
2020 3.0% -18.0% 8.5% 91.12%
2019 N/A -13.0% 29.4% N/A

NAV & Total Return History


TYBAX - Holdings

Concentration Analysis

TYBAX Category Low Category High TYBAX % Rank
Net Assets 10.4 M 1.02 M 369 B 95.54%
Number of Holdings 147 1 10801 49.41%
Net Assets in Top 10 1.91 M 0 34.5 B 97.23%
Weighting of Top 10 15.22% 1.6% 100.0% 77.54%

Top 10 Holdings

  1. NTT DOCOMO Inc 2.00%
  2. NTT DOCOMO Inc 2.00%
  3. NTT DOCOMO Inc 2.00%
  4. NTT DOCOMO Inc 2.00%
  5. NTT DOCOMO Inc 2.00%
  6. NTT DOCOMO Inc 2.00%
  7. NTT DOCOMO Inc 2.00%
  8. NTT DOCOMO Inc 2.00%
  9. NTT DOCOMO Inc 2.00%
  10. NTT DOCOMO Inc 2.00%

Asset Allocation

Weighting Return Low Return High TYBAX % Rank
Stocks
99.28% 0.00% 122.60% 27.04%
Cash
0.73% -65.15% 100.00% 69.75%
Preferred Stocks
0.00% 0.00% 1.87% 86.13%
Other
0.00% -16.47% 17.36% 90.09%
Convertible Bonds
0.00% 0.00% 4.18% 85.07%
Bonds
0.00% -10.79% 71.30% 86.68%

Stock Sector Breakdown

Weighting Return Low Return High TYBAX % Rank
Consumer Defense
21.85% 0.00% 32.29% 2.02%
Healthcare
18.91% 0.00% 21.35% 3.10%
Financial Services
11.45% 0.00% 47.75% 91.66%
Industrials
11.26% 5.17% 99.49% 87.35%
Consumer Cyclical
10.16% 0.00% 36.36% 52.36%
Communication Services
8.35% 0.00% 21.69% 20.19%
Real Estate
7.88% 0.00% 14.59% 0.94%
Basic Materials
3.39% 0.00% 23.86% 91.66%
Technology
3.16% 0.00% 36.32% 98.12%
Utilities
2.06% 0.00% 13.68% 65.14%
Energy
1.53% 0.00% 16.89% 88.96%

Stock Geographic Breakdown

Weighting Return Low Return High TYBAX % Rank
Non US
96.34% 0.00% 125.24% 43.73%
US
2.94% -7.78% 68.98% 33.16%

TYBAX - Expenses

Operational Fees

TYBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.01% 3.96% 70.95%
Management Fee 0.45% 0.00% 1.60% 26.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.00% 71.93%

Sales Fees

TYBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TYBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TYBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 247.00% 75.73%

TYBAX - Distributions

Dividend Yield Analysis

TYBAX Category Low Category High TYBAX % Rank
Dividend Yield 3.53% 0.00% 13.65% 94.51%

Dividend Distribution Analysis

TYBAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

TYBAX Category Low Category High TYBAX % Rank
Net Income Ratio 1.34% -0.93% 6.38% 57.44%

Capital Gain Distribution Analysis

TYBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

TYBAX - Fund Manager Analysis

Managers

Ayaaz Allymun


Start Date

Tenure

Tenure Rank

Nov 19, 2018

3.53

3.5%

Ayaaz Allymun is Portfolio Manager at TOBAM, which he joined in 2008 as a portfolio manager and researcher. Prior to his TOBAM appointment, Ayaaz was a portfolio manager at Credit Agricole Asset Management in Paris from 2004-08. He also has experience as a quantitative analyst in the Financial Engineering team at Credit Lyonnais Asset Management. In that role he had responsibility for developing systems solutions for equity portfolio managers.

Guillaume Toison


Start Date

Tenure

Tenure Rank

Nov 19, 2018

3.53

3.5%

Guillaume Toison is a Portfolio Manager for TOBAM, which he joined in 2006 as an equity portfolio manager. Previously, Guillaume was a quantitative analyst for Credit Agricole Asset Management in Paris and part of the team that pioneered the development of the company’s statistical arbitrage strategies. In 2004, Guillaume graduated from Télécom ParisTech (ENST Paris) in Mathematics, Computer Science and Telecommunications.

Mara Maccagnan


Start Date

Tenure

Tenure Rank

Nov 19, 2018

3.53

3.5%

Mara Maccagnan, Portfolio Manager. Ms. Maccagnan is a portfolio manager with more than 7 years’ experience in the investment industry. She started her career in 2011 in the structuring department of Banca IMI. She moved in the structured fund team of ANIMA Asset Management Ltd in Dublin in 2012. From 2014 to 2018 she was a portfolio.

Tarik Allouache


Start Date

Tenure

Tenure Rank

Oct 18, 2019

2.62

2.6%

Tarik Allouache, Associate, Equity Portfolio Manager. Mr. Allouache joined TOBAM S.A.S. in December 2016 as Risk Manager. Mr. Allouache transitioned to the Portfolio Management team at TOBAM in January 2019. Prior to TOBAM, Mr. Allouache was a quantitative analyst at Société Générale where he was responsible for valuations and risk analysis of structured products and derivatives. He worked with the trading desk and portfolio managers to build models to optimize and manage risk of their portfolios. He holds an Engineering degree from ESILV Paris in Mathematics and Computer science and Master of Quantitative Finance from UTS Sydney.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.13 2.92