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Touchstone Investments Expands Mutual Fund Lineup by Finalizing the Integration of the Constellation Funds Group.


Offers Institutional Expertise Through Expanded Distribution Channels

CINCINNATI -- Touchstone touchstone

Black, silica-containing stone used in assaying to determine the purity of gold and silver. The metal to be assayed is rubbed on the touchstone, and then a sample of metal of known purity is rubbed on the stone right next to it.
 Investments([R]) today announced that it has expanded its fund lineup by integrating and re-branding the Constellation Constellation, ship
Constellation (kŏnstĭlā`shən), U.S. frigate, launched in 1797. It was named by President Washington for the constellation of 15 stars in the U.S. flag of that time.
 Funds with the Touchstone name. Now offering 39 funds with more than $8.1 billion in assets, Touchstone provides a broad selection of investment solutions across styles and asset classes for both retail and institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
. Touchstone acquired the Constellation Funds Group in March 2006.

Shareholder servicing, transfer agent, fund accounting, and sub-administration services have been consolidated with a single provider, Integrated Investment Services, an affiliate of Touchstone Investments.

"Touchstone Investments has strengthened its offerings to the retail and institutional markets by adding to our roster of proven institutional money managers and enhanced our service operations," said James H. Grifo, president of Touchstone Investments. "We're benefiting from an increased presence in the marketplace through additional distribution channels, including registered investment advisors Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in , consultants, private banks, and 401(k) alliances that can continue to purchase the Funds without a front-end sales charge Sales Charge

A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select
. Additionally, many Constellation Funds have adopted a pricing structure that closely mirrors Touchstone's existing funds for the 14,000 national, regional and independent broker-dealers that we have serviced for many years."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Grifo, Touchstone is dedicated to a sub-advisor model, by offering investors access to premier institutional money managers whose strategies are typically not available or affordable for the average investor. "Our expanded offerings are being embraced by financial professionals who are searching for more investment options and greater diversification to manage risk," said Grifo. "We believe Touchstone has taken the steps to design a mutual fund product line that will continue to provide innovative solutions for financial intermediaries Financial intermediaries

institution that provide the market function of matching borrowers and lenders or traders.
 as they help their clients achieve their financial goals."

Sub-advisors managing Touchstone Funds include AXA AXA Anguilla, Anguilla (Airport Code)
AXA Alpha Chi Alpha
AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing)
AXA Auxiliary Artery
 Rosenberg; Bjurman, Barry & Associates; Chartwell Investment Partners; Clover clover, any plant of the genus Trifolium, leguminous hay and forage plants of the family Leguminosae (pulse family). Most of the species are native to north temperate or subtropical regions, and all the American cultivated forms have been introduced from  Capital Management; Diamond Hill Capital Management; Fort Washington Fort Washington, military post during the American Revolution, situated on the highest point of Manhattan island, New York City, overlooking the Hudson River opposite Fort Lee, N.J.  Investment Advisors Investment Advisor

1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission.

2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and
; JS (John Schneider John Schneider is the name of the following unrelated people:
  • John Schneider (television actor), an actor best known for his television roles, particularly The Dukes of Hazzard and Smallville
) Asset Management; Longwood Investment Advisors; Navellier & Associates; Pitcairn Investment Management; Sands Capital Management; TCW TCW Total Carat Weight
TCW Temporal Cold War (Star Trek Enterprise)
TCW Troop Carrier Wing
TCW Turnbuckle Championship Wrestling
TCW Tasty Coma Wife (Scrubs episode) 
 Investment Management Company; Todd Investment Advisors; Turner Investment Partners; and Westfield Capital Westfield Capital, formerly known as Capital Mall, is a shopping mall owned by The Westfield Group, and is located in Olympia, Washington. Its major anchor stores include Macy's, JCPenney, and Best Buy.  Management. The Funds they sub-advise as well as name changes to the Constellation Funds are listed on the following pages.

About Touchstone Investments

With more than $8.1 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , Touchstone provides a variety of mutual fund solutions across the investment spectrum. The company is adept at identifying investment professional needs, designing innovative products and delivering a selection of proven money managers who act in a sub-advisory capacity. Touchstone offers a disciplined approach with proven results focused on consistent performance. The Touchstone Funds are distributed nationally through broker-dealers, financial planners Financial Planner

A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals.
, registered investment advisors, consultants, private banks, and 401(k) alliances by Touchstone Securities, Inc.1 and advised by Touchstone Advisors, Inc.2 Both Touchstone Securities, Inc. and Touchstone Advisors, Inc. are members of Western & Southern Financial Group([R]), whose heritage dates back to 1888 and whose assets owned or under management now exceed $40 billion. Touchstone, Touchstone Funds and Touchstone Investments are federal service mark registrations and applications owned by IFS Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, Inc., a member of Western & Southern Financial Group. For more information, please visit www.touchstoneinvestments.com.

An investor should carefully consider the investment objectives, risks, charges and expenses found in the prospectus. For a prospectus containing complete information about a Fund, contact your financial professional, call Touchstone at 1.800.638.8194 or visit our website at www.touchstoneinvestments.com. Please read the prospectus carefully before investing or sending money.

(1) A registered broker-dealer and member NASD/SIPC

(2)A registered investment advisor
[TABLE OMITTED]
TOUCHSTONE FUNDS





As of 11/20/2006











EQUITY FUNDS





Touchstone Diversified Growth Fund





Touchstone Diversified Small Cap Growth Fund





Touchstone Diversified Small Cap Value Fund





Touchstone Diversified Value Fund





Touchstone Family Heritage Fund





Touchstone Growth Opportunities Fund





Touchstone Healthcare and Biotechnology Fund





Touchstone Large Cap Core Equity Fund





Touchstone Large Cap Growth Fund





Touchstone Large Cap Value Fund





Touchstone Micro Cap Growth Fund





Touchstone Mid Cap Fund





Touchstone Mid Cap Growth Fund





Touchstone Sands Capital Select Growth Fund





Touchstone Small Cap Fund





Touchstone Small Cap Growth Fund





Touchstone Small Cap Value Opportunities Fund





Touchstone Value Opportunities Fund





Touchstone International Equity Fund





Touchstone HLAM Large Cap Quality Stock Fund





Touchstone Pitcairn Select Value Fund











BALANCED FUNDS





Touchstone Strategic Value and High Income Fund











FIXED INCOME FUNDS





Touchstone Core Bond Fund





Touchstone High Yield Fund





Touchstone Ohio Insured Tax-Free Fund





Touchstone Short Duration Fixed Income Fund





Touchstone Tax Exempt Bond Fund





Touchstone Ultra Short Duration Fixed Income Fund





Touchstone Pitcairn Taxable Bond Fund





Touchstone Clover Core Fixed Income Fund











MONEY MARKET FUNDS





Touchstone Florida Tax Free Money Market Fund





Touchstone Institutional Money Market Fund





Touchstone Money Market Fund





Touchstone Ohio Tax-Free Money Market Fund





Touchstone Tax-Free Money Market Fund





Touchstone U.S. Government Money Market Fund











CONSTELLATION INSTITUTIONAL PORTFOLIOS (No changes)





CIP Sands Capital Institutional Growth Portfolio





CIP JSAM Large Cap Value Portfolio





CIP JSAM Value Portfolio
303 Broadway - Suite 1100 - Cincinnati, OH 45202-4203





PH: 513.362.8000 - 866.610.6673 - FAX: 513.362.8315 -





www.touchstoneinvestments.com





Touchstone Funds are distributed by Touchstone Securities, Inc.*





* A registered broker-dealer and member NASD and SIPC





A Member of Western & Southern Financial Group(R)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 21, 2006
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