Dynamic International ETF

Overview

Fully Transparent and Sub-Advised by Los Angeles Capital Management LLC

Objective

The Fund seeks capital appreciation.

Investment Style

Invests primarily in equity securities of non-U.S. companies domiciled in both developed and emerging markets.
Employs an adaptive quantitative investment process, the Dynamic Alpha* Stock Selection Model_®, to build equity portfolios that adapt to market conditions.
Believes that investor attitudes towards key investment risk change over the course of a market cycle and are a key determinant in explaining security returns.
Primarily invests in a fully transparent portfolio that will generally hold between 100 - 140 names.

Fund Facts

Fund Facts for Touchstone Dynamic International ETF
Symbol
CUSIP
Inception Date
Primary Listing Exchange
Total Fund Net Assets as of 09/30/2024	$54,862,193
Asset Class	International Equity
Benchmark	MSCI All Country World Ex-U.S. Index
Distribution Frequency	Annually
Fiscal Year End
Prospectus Date	04/29/2024

Performance

Daily

as of
NAV
NAV $ Change

as of
Market Price
30 Day Median Bid/Ask Spread
Bid/Ask Midpoint

as of
Premium/Discount

HISTORICAL DAILY NAV

Historical Daily NAV on
NAV
Market Price

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times.

Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Returns are not annualized for periods of less than one year.

as of 10/31/2024
	1 Month	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception
NAV
Market Price
MSCI All Country World Ex-U.S. Index	-4.91%	0.44%	8.61%	24.33%	1.60%	5.78%	4.79%	--

Before the listing date, the ETF operated as a mutual fund. The NAVs of the predecessor mutual fund are used for both NAV and market price performance from inception to listing. For ETFs, the market price return is calculated from the closing price as determined by the funds’ listing exchange.

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times. Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends.

as of 09/30/2024
	3 Month	1 Year	3 Year	5 Year	10 Year	Since Inception
NAV
Market Price
MSCI All Country World Ex-U.S. Index	0.44%	25.35%	4.14%	7.59%	5.22%	--

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Touchstone ETFs are new and have limited operating history to judge. Market price returns are based upon the consolidated market price and do not represent the returns you would receive if you traded shares at other times. Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. From time to time, the investment advisor may waive some fees and/or reimburse expenses, which if not waived or reimbursed, will lower performance. Returns are not annualized for periods of less than one year. Assumes reinvestment of all dividends.

	Calendar Year	Q1	Q2	Q3	Q4
Days Traded at Premium
Days Traded at Discount

The above chart presents information about the difference between the daily market price for shares of the ETF and the ETF’s net asset value. The market price is determined using the midpoint of the bid/ask spread at market close (typically, 4 p.m. ET). The vertical axis of the chart shows the premium or discount expressed as a percentage of NAV. If the fund’s market price exceeds its NAV, it is trading at a premium and is represented by a positive value. If the fund’s market price is below the NAV, the ETF is trading at a discount and is represented by a negative value. This value is recorded daily over the time period displayed along the horizontal axis.

Consider Touchstone Dynamic International ETF for Your Portfolio

Touchstone Dynamic International ETF Seeks Capital Appreciation.

Portfolio

Active Share

81%

Full Holdings (CSV)

Portfolio Composition

as of 09/30/2024
Composition	% of Portfolio
Equities Non-U.S. Developed Markets	69.9
Equities Emerging Markets	28.4
Cash Equivalents	1.7
Equities U.S.	0.0

as of 09/30/2024
Sector	% of Portfolio
Financials	26.9
Information Technology	17.1
Consumer Discretionary	13.3
Industrials	11.5
Health Care	9.9
Communication Services	7.0
Materials	5.8
Energy	3.9
Consumer Staples	1.8
Utilities	0.7
Real Estate	0.2

as of 11/21/2024
Security Description	Ticker	CUSIP	Country	Shares Par Value	Current Price ($)	Market Value ($)	% of Portfolio
{securityDescription}	{tickerSymbol}	{cusip}	{country}	{sharesParValue}	{currentPrice}	{marketValue}	{portfolioPercent}

Management

Fully Transparent and Sub-Advised by Los Angeles Capital Management LLC

Hal Reynolds, CFA

Investment Experience Since 1982

Career Summary
Los Angeles Capital
Wilshire Asset Management
Wilshire Associates
Mellon Bank

Education
MBA University of Pittsburgh
BA University of Virginia

Edward Rackham, Ph.D.

Investment Experience Since 2005

Career Summary
Los Angeles Capital
Wilshire Associates

Education
PhD University of Oxford
MChem University of Oxford

Daniel Arche, CFA

Investment Experience Since 2006

Career Summary
Los Angeles Capital
City National Bank

Education
BA University of Southern California

Fees

Expense Fees for Touchstone Dynamic International ETF
Total Annual Fund Operating Expense Ratio
Net Annual Fund Operating Expense Ratio

Touchstone Advisors has contractually agreed to waive a portion of its fees and/or reimburse certain Fund expenses in order to limit certain annual fund operating expenses (excluding Acquired Fund Fees and Expenses “AFFE,” and other expenses, if any) to 0.65%. These expense limitations will remain in effect until at least 04/29/2025.

Distributions

Capital Gain and Income Distribution as of
Pay Date	Income Distribution	Short Term Capital Gains Per Share	Long Term Capital Gains Per Share	Total Capital Gains Per Share

Resources

Statutory Prospectus

Summary Prospectus

Statement of Additional Information (SAI)

A WORD ABOUT RISK

The Fund invests in equities which are subject to market volatility and loss. The Fund invests in preferred stocks which are relegated below bonds for payment should the issuer be liquidated. If interest rates rise, the fixed dividend on preferred stocks may be less attractive, causing their price to decline. The Fund invests in foreign securities, including depositary receipts, such as American Depositary Receipts, Global Depositary Receipts, and European Depositary Receipts, which carry the associated risks of economic and political instability, market liquidity, currency volatility and accounting standards that differ from those of U.S. markets and may offer less protection to investors. Touchstone exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETFs are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.

The Adviser engages a sub-adviser to make investment decisions for the Fund’s portfolio; it may be unable to identify and retain a sub-adviser who achieves superior investment returns relative to other similar sub-advisers. Events in the U.S. and global financial markets, including actions taken to stimulate or stabilize economic growth may at times result in unusually high market volatility, which could negatively impact Fund performance and cause it to experience illiquidity, shareholder redemptions, or other potentially adverse effects. Financial institutions could suffer losses if interest rates rise or economic conditions deteriorate. The Fund uses proprietary statistical analyses and models to construct the portfolio, models can perform differently than the market as a whole. The Fund may be more or less exposed to a risk factor than its individual holdings. Quantitative models are subject to technical issues which could adversely affect their effectiveness or predictive value.

The Fund’s investments in other investment companies will be subject to substantially the same risks as those associated with the direct ownership of the securities comprising the portfolios of such investment companies, and the value of the Fund's investment will fluctuate in response to the performance of such portfolios. In addition, if the Fund acquires shares of investment companies, shareholders of the Fund will bear their proportionate share of the fees and expenses of the Fund and, indirectly, the fees and expenses of the investment companies or ETFs. Current and future portfolio holdings are subject to change.

Consider Touchstone Dynamic International ETF for Your Portfolio

Touchstone Dynamic International ETF Seeks Capital Appreciation.

Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus and the summary prospectus contain this and other information about the Fund. To obtain a prospectus or a summary prospectus, contact your financial professional or download and/or request one on the resources section or call Touchstone at 833-368-7383. Please read the prospectus and/or summary prospectus carefully before investing.

Touchstone ETFs are distributed by Foreside Fund Services LLC
A registered broker-dealer and member of FINRA.

Not FDIC Insured | No Bank Guarantee | May Lose Value

All Russell® Indices are trademarks/service marks of the Frank Russell Company. Russell is a trademark of the Frank Russell Company. The Frank Russell Company (FRC) is the source and owner of the data contained or reflected in this material and all trademarks and copyrights related thereto. The material may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. This is a Touchstone Investments presentation of the data, and FRC is not responsible for the formatting or configuration of this material or for any inaccuracy in the presentation thereof.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

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CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

Touchstone exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETFs are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.

Active		Closet Index		Passive
100%-80%	80%-60%	60%-40%	40%-20%	20%-0%

Touchstone Dynamic International ETF

Overview

Overview

Objective

Investment Style

Fund Facts

Fund Facts

Performance

Performance

Premium / Discount to NAV

Premium / Discount Table

Consider Touchstone Dynamic International ETF for Your Portfolio

Portfolio

Active Share

Active

Closet Index

Passive

Management

Management

Hal Reynolds, CFA

Edward Rackham, Ph.D.

Daniel Arche, CFA

Fees

Fees

Distributions

Distributions

Resources

Resources

Consider Touchstone Dynamic International ETF for Your Portfolio

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