Touchstone Sands Capital US Select Growth ETF (TSEL) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in common stocks of U.S. companies, particularly large- and mid-cap firms, exhibiting above-average potential for revenue or earnings growth. The fund employs a high-conviction strategy, typically holding a concentrated portfolio of 25 to 35 securities selected through rigorous quantitative screening, fundamental research, and disciplined risk management; it integrates ESG considerations and benchmarks performance against the Russell 1000 Growth Index. Distributed by Foreside Fund Services, LLC, TSEL features a net expense ratio of 0.67%, annual distributions, and trades on Nasdaq with total net assets exceeding $100 million as of late 2025.
Launched on January 2, 2025, by Touchstone Investments--a subsidiary of Western & Southern Financial Group headquartered in Cincinnati, Ohio--TSEL represents a strategic partnership with Sands Capital as sub-adviser, leveraging the firm's expertise in U.S. growth equities under lead portfolio managers Frank M. Sands, Jr., CFA, Wesley A. Johnston, CFA, and Thomas H. Trentman, CFA. This inaugural ETF expands Touchstone's Distinctively Active suite of mutual funds and ETFs, targeting financial professionals and investors seeking focused exposure to high-quality, innovative U.S. growth leaders across diversified sectors. The fund operates domestically with primary allocation to U.S. equities (approximately 92%), minor non-U.S. stock holdings (6%), and cash positions, available for sale in the United States. No subsequent major acquisitions, funding rounds, or reorganizations have been reported since inception.