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<p align="right" style="margin: 0in 0in 0pt; text-align: right;"><font style="font-family: times new roman,times;" size="2">February 21, 2013 </font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>TOUCHSTONE FUNDS GROUP TRUST </b></font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>Touchstone Global Real Estate Fund </b></font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>Supplement To the Prospectus and Summary Prospectus Dated January 30, 2013 </b></font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>Change in Sub-Advisor </b></font></p>
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<p style="margin: 0in 0in 0pt;"><font style="font-family: times new roman,times;" size="2">On February 21, 2013, the Board of Trustees (the “Board”) of Touchstone Funds Group Trust approved the selection of Russell Implementation Services, Inc. (“Russell”) as interim sub-advisor to the Touchstone Global Real Estate Fund (the “Fund”). The change of sub-advisor from Cornerstone Real Estate Advisers, LLC (“Cornerstone”), the current sub-advisor to the Fund, to Russell will be effective on or about February 22, 2013. In selecting Russell as interim sub-advisor, the Board considered, among other factors, Russell’s experience and record in transition management and the benefits of a longer period of time to choose a permanent sub-advisor to the Fund. All references to Cornerstone as sub-advisor of the Fund in the summary prospectus and prospectus are deleted and replaced with Russell. Additionally, the following changes have been made. </font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>The Fund’s Principal Investment Strategies </b></font></p>
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<p style="margin: 0in 0in 0pt;"><font style="font-family: times new roman,times;" size="2">The second and third paragraphs of the section of the prospectus entitled, “The Fund’s Principal Investment Strategies”, are replaced with the following: </font></p>
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<p style="margin: 0in 0in 0pt;"><font style="font-family: times new roman,times;" size="2">The Fund’s sub-advisor, Russell Implementation Services, Inc. (“Russell”), will seek to achieve returns similar to the Fund’s benchmark index, the FTSE EPRA/NAREIT Developed Index (the “Index”), based on estimated tracking error while controlling transaction-related expenses through reduced trading. In seeking to achieve returns similar to the Index, Russell purchases a representative sample of the securities within the Index. Russell will seek to manage the Fund’s risk, as measured by the annualized estimated tracking error relative to the benchmark index, by targeting a 1.00% tracking error and rebalancing the Fund if the tracking error exceeds 1.25%. The Fund’s portfolio will be determined through various risk optimization models to target a 1.00% tracking error and will also be designed to mitigate and reduce other risk. If the Fund’s tracking error exceeds 1.25%, as measured at least weekly, Russell will re-optimize the Fund’s portfolio back to the 1.00% annualized target, under the limitation that any securities purchased are within the Index. </font></p>
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<p align="center" style="margin: 0in 0in 0pt; text-align: center;"><font style="font-family: times new roman,times;" size="2"><b>The Principal Risks and Investment Strategies and Risks </b></font></p>
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<p style="margin: 0in 0in 0pt;"><font style="font-family: times new roman,times;" size="2">The following risk is added to the sections of the prospectus, “The Principal Risks” and “Investment Strategies and Risks”: <br /><br style="mso-special-character: line-break;" /> </font></p>
<div><font style="font-family: times new roman,times;" size="2"> <b>Tracking Error Risk:</b> There is no assurance that Russell will achieve returns similar to that of the Index. The sub-advisor does not attempt to manage market volatility or reduce the effects of poor stock performance. In addition, factors such as Fund expenses, changes in the composition of the Index, or the timing of purchases or redemptions of Fund shares may affect the correlation between the performance of the index and the Fund’s performance.</font></div>
<p style="margin: 0in; margin-bottom: .0001pt;"><font size="2" style="font-family:times new roman,times"><b>Touchstone Global Real Estate Fund</b></font></p>
<p style="margin: 0in; margin-bottom: .0001pt;"><font size="2" style="font-family:times new roman,times"><b>The Fund’s Principal Investment Strategies</b></font></p>
<p style="margin: 0in 0in 0pt;"><font style="font-size: 10pt;; font-family:times new roman,times" size="2">The Fund’s sub-advisor, Russell Implementation Services, Inc. (“Russell”), will seek to achieve returns similar to the Fund’s benchmark index, the FTSE EPRA/NAREIT Developed Index (the “Index”), based on estimated tracking error while controlling transaction-related expenses through reduced trading.  In seeking to achieve returns similar to the Index, Russell purchases a representative sample of the securities within the Index.  Russell will seek to manage the Fund’s risk, as measured by the annualized estimated tracking error relative to the benchmark index, by targeting a 1.00% tracking error and rebalancing the Fund if the tracking error exceeds 1.25%.  The Fund’s portfolio will be determined through various risk optimization models to target a 1.00% tracking error and will also be designed to mitigate and reduce other risk.  If the Fund’s tracking error exceeds 1.25%, as measured at least weekly, Russell will re-optimize the Fund’s portfolio back to the 1.00% annualized target, under the limitation that any securities purchased are within the Index.</font></p>
<p style="margin: 0in; margin-bottom: .0001pt;"><font size="2" style="font-family:times new roman,times"><b>The Principal Risks and Investment Strategies and Risks</b></font></p>
<div style="margin: 0in 0in 0pt;"><font size="2" style="font-family:times new roman,times"><b><font style="font-size: 10pt; font-weight: bold;">Tracking Error Risk:</font></b><font size="2" style="font-family:times new roman,times">  There is no assurance that Russell will achieve returns similar to that of the Index.  The sub-advisor does not attempt to manage market volatility or reduce the effects of poor stock performance.  In addition, factors such as Fund expenses, changes in the composition of the Index, or the timing of purchases or redemptions of Fund shares may affect the correlation between the performance of the index and the Fund’s performance.</font></font></div>
<p align="center" style="text-align: center; margin: 0in 0in 0pt;"><font style="font-size: 10pt;; font-family:times new roman,times" size="2">Please retain this Supplement for future reference.</font></p>