TOUCHSTONE FUNDS GROUP TRUST
Touchstone Sands Capital International Growth Equity Fund (the "Fund")
Supplement dated July 19, 2024, to the Fund's Summary Prospectus and Prospectus, each dated January 26, 2024, as may be amended or supplemented from time to time
Notice of Reduction in Expense Limitations
The Board of Trustees of the Touchstone Funds Group Trust (the "Trust"), including those Trustees who are not "interested persons" of the Trust as such term is defined in the Investment Company Act of 1940, as amended, has approved a reduction in the Fund's expense limitations.
Effective June 21, 2024, Touchstone Advisors, Inc. has agreed to reduce the contractual limit on the Fund's expenses and will waive a portion of its fees or reimburse certain Fund expenses (excluding expenses as discussed in the Fund's prospectus) in order to limit annual Fund operating expenses to 0.78% of average daily net assets for Class R6 shares. The Fund's previous contractual expense limitation was 0.82% for its Class R6 shares.
Accordingly, the Annual Fund Operating Expense table and the Expense Example in the Summary Prospectus and in the summary section of the Prospectus are hereby restated to reflect changes to "Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement" for Class R6 shares:
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
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Touchstone
Sands Capital
International Growth
Equity Fund
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Management Fees
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Distribution and/or Shareholder Service (12b-1) Fees
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Other Expenses
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Total Annual Fund Operating Expenses
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Fee Waiver and/or Expense Reimbursement
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Total Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(2)(3)
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(1)
Other Expenses for Class R6 shares are estimated based on fees and expenses incurred by Institutional Class shares of the Fund and expenses of similar Touchstone Funds. Class R6 shares commenced operations on August 31, 2023.