SUPPLEMENT TO MAY 1, 1999, PROSPECTUS
OF
TOUCHSTONE SERIES TRUST (THE "TRUST")
DATED MARCH 10, 2000
The following information supplements certain information contained in the
Prospectus of the Trust, dated May 1, 1999, and should be read in conjunction
with that Prospectus.
As of March 15, 2000, Touchstone Balanced Fund, Touchstone Income Opportunity
Fund and Touchstone Standby Income Fund (the "Funds") are closed to new accounts
and are not available for purchase by shareholders who had not established an
account with Touchstone Series Trust on or before March 15, 2000. Shareholders
who are currently invested in any of the series of Touchstone Series Trust may
make additional investments in the Funds and make exchanges to the Funds.
