-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FKh7sm57kYGypwMcpqEL1I2E941RzU1J9vT06cqI31+3N/vgaUwLiR8kjKpjue0H bzKGzI3aw8uzW3THT49ykw== 0001144204-07-039479.txt : 20091223 0001144204-07-039479.hdr.sgml : 20091223 20070801102509 ACCESSION NUMBER: 0001144204-07-039479 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070801 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: CORRESP 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 CORRESP 1 filename1.txt August 1, 2007 Mr. John Ganley Division of Investment Management Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: Touchstone Strategic Trust-Diversified Small Cap Growth Fund Class C Filing File Nos. 333-134486, 811-03651 and 002-80859 Dear Mr. Ganley: This will confirm our telephone conversation on Tuesday July 17, 2007 regarding the 485(a) filing made by the Touchstone Strategic Trust ("Registrant") on June 1, 2007. Your comments and the Registrant's responses are set forth below: PROSPECTUS Comment You requested that the Securities and Exchange Commission disclaimer be added to the prospectus cover. Response The requested change has been made. Comment You requested an explanation of the term "secular" as used under Principal Investment Strategies, or other terminology. Response The term secular has been removed and the phrase has been rewritten accordingly. Comment You asked if there was any acquired fund fee expense "AFFE" which should be reflected in the Fund Fees and Expenses table since the Fund can invest in "Other investment Companies" as referenced on page 5 of the prospectus. Response We are confirming to the Commission that the AFFE for this Fund is below one basis point. 1 Comment You requested the word "contractually" be added to the 4th footnote under Fund's Fees and Expenses table as follows: Under the Expense Limitation Agreement between Touchstone Advisors and the Trust, Touchstone Advisors has contractually agreed to waive a portion of its advisory fee and/or reimburse certain Fund expenses in order to limit "Net Expenses" to...... Response The requested change has been made. Comment On page 6, you requested 1) clarification of the definitions for Large Cap and Mid Cap Companies in which the market capitalization between these two overlapped, and 2) you requested an explanation as to why the Fund defines a small cap company with a market capitalization higher than that of the definition provided. Response 1) We reduced the mid cap company to reflect a market capitalization of between $1.5 billion and $10 billion. 2) This particular Fund's portfolio managers define the small cap company with an increased market capitalization in comparison to the other Funds within this Trust. Comment You requested additional information on the Sub-Advisor's management style, referencing page 12 of the prospectus. Response We are confirming that the Sub-Advisor does not manage any other accounts with this investment style. Comment On page 13, you requested the performance be updated with more current data. Response The performance information was updated to be for the 12-month period ended March 31, 2007. Comment On page 13, you requested the performance information table be revised to reflect performance numbers "including" and "excluding" sales loads. Response The requested change has been made. 2 Comment On page 13, you asked that we review rule 5(a)(1)(iii) and reconsider our placement of, or explain our decision to place the Board approval language at the end of this section. Response Since the discussion of both the Investment Advisor and Sub-Advisors must be present to meet the requirement of section 5(a)(1), we believe the requirement for section 5(a)(1)(iii) should follow after the discussion of both the Investment Advisor and Sub-Advisors. STATEMENT OF ADDITIONAL INFORMATION Comment On page 35 of the SAI, you requested the Trustee Ownership be broken out by each Trustee's securities held within each registration. Response The requested change has been made. In connection with this filing, the Trust acknowledges that: (1) the Trust is responsible for the adequacy and accuracy of the disclosure in the filing; (2) staff comments or changes to disclosure in connection with this filing, reviewed by the staff do not foreclose the Commission from taking any action with respect to the filing; and (3) the Trust may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please contact the undersigned at 513-362-8217 if you have any questions or need any additional information. Very truly yours, /s/ Jay S. Fitton - ----------------- Jay S. Fitton Secretary 3 -----END PRIVACY-ENHANCED MESSAGE-----