FORM OF AMENDMENT NO. 6 TO FEE WAIVER AGREEMENT
AGREEMENT by and between Touchstone Funds Group Trust, a Delaware business
trust (the "Trust") and Touchstone Advisors, Inc. (the "Advisor").
WHEREAS, the Trust and the Advisor entered into a Fee Waiver Agreement
dated March 1, 2006, as amended November 20, 2006, February 1, 2007, May 11,
2007, July 20, 2007 and December 3, 2007 whereby the Advisor agreed to limit
certain Funds expenses for the length of time and limits stated in the
Agreements; and
WHEREAS, the Trust and the Advisor wish to amend the Amended Agreement as
of February 1, 2008 to reflect an amendment to the expense limitations for the
Value Opportunities Fund.
NOW THEREFORE, the Advisor hereby agrees to limit the Funds' expenses for
the length of time and the limits stated in this Amended Agreement.
OTHER EXPENSES LIMITS
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FUND LENGTH/TYPE OF OTHER EXPENSES LIMIT
LIMITATION
----------------------------------------------------------------------------------------------------
Touchstone Mid Cap Fund Class A Contractual waiver 0.35%
through 3/1/2008
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Touchstone Mid Cap Fund Class C Contractual waiver 0.35%
through 3/1/2008
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Touchstone Mid Cap Fund Class Y Contractual waiver 0.10%
through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Strategic Value and High Contractual waiver 0.15%
Income Fund Class Y through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Sands Capital Select Growth Contractual waiver 0.25%
Fund Class Y through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Short Duration Fixed Income Contractual waiver 0.24%
Fund Class Z through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Ultra Short Duration Fixed Contractual waiver 0.19%
Income Fund Class Z through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Small Cap Value Contractual waiver 0.30%
Opportunities Fund Class A through 8/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Small Cap Value Contractual waiver 0.30%
Opportunities Fund Class C through 8/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Small Cap Value Contractual waiver 0.30%
Opportunities Fund Class Z through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Diversified Small Cap Value Contractual waiver 0.35%
Fund Class A through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Diversified Small Cap Value Contractual waiver 0.35%
Fund Class C through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Diversified Small Cap Value Contractual waiver 0.35%
Fund Class Z through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Healthcare and Biotechnology Contractual waiver 0.30%
Fund Class A through 3/1/2008
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
Touchstone Healthcare and Biotechnology Contractual waiver 0.30%
Fund Class C through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Clover Core Fixed Income Contractual waiver 0.40%
Fund Class I through 3/1/2008
----------------------------------------------------------------------------------------------------
OTHER EXPENSES AND SHAREHOLDER SERVICES FEES LIMITS
----------------------------------------------------------------------------------------------------
FUND LENGTH/TYPE OF OTHER EXPENSES AND
LIMITATION SHAREHOLDER SERVICES
FEES LIMIT
----------------------------------------------------------------------------------------------------
Touchstone Mid Cap Fund Class Z Contractual waiver 0.35%
through 3/1/2008
----------------------------------------------------------------------------------------------------
Touchstone Sands Capital Select Growth Contractual waiver 0.50%
Fund Class Z through 3/1/2008
----------------------------------------------------------------------------------------------------
OTHER EXPENSES AND DISTRIBUTION AND/OR SHAREHOLDER SERVICES FEES LIMITS
-----------------------------------------------------------------------------------------------------
FUND LENGTH/TYPE OF OTHER EXPENSES AND
LIMITATION DISTRIBUTION AND/OR
SHAREHOLDER SERVICES FEES
LIMIT
-----------------------------------------------------------------------------------------------------
Touchstone Strategic Value and High Contractual waiver 0.40%
Income Fund Class A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Strategic Value and High Contractual waiver 1.15%
Income Fund Class C through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Diversified Value Fund Class Contractual waiver 0.40%
A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Diversified Value Fund Class Contractual waiver 1.15%
C through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Diversified Growth Fund Class Contractual waiver 0.40%
A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Small Cap Fund Class A Contractual waiver 0.40%*
through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Small Cap Fund Class C Contractual waiver 1.15%*
through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Family Heritage Fund Class Contractual waiver 0.40%
A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Family Heritage Fund Class C Contractual waiver 1.15%
through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Tax-Exempt Bond Fund Class Contractual waiver 0.40%
A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone International Equity Fund Contractual waiver 0.50%*
Class A through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone International Equity Fund Contractual waiver 1.25%*
Class C through 3/1/2008
-----------------------------------------------------------------------------------------------------
Touchstone Pitcairn Taxable Bond Fund Contractual waiver 0.50%
Class II through 3/1/2008
-----------------------------------------------------------------------------------------------------
*The fee waiver obligation will be reduced by up to 0.01% to the extent that the
Fund earns revenues from securities lending activities.
MAXIMUM OPERATING EXPENSE LIMITS
-------------------------------------------------------------------------------------------------------------
FUND LENGTH/TYPE OF MAXIMUM OPERATING
LIMITATION EXPENSE LIMITS
-------------------------------------------------------------------------------------------------------------
Touchstone Premium Yield Equity Fund Contractual waiver 1.20%
Class A through 12/15/2008
-------------------------------------------------------------------------------------------------------------
Touchstone Premium Yield Equity Fund Contractual waiver 1.95%
Class C through 12/15/2008
-------------------------------------------------------------------------------------------------------------
Touchstone Value Opportunities Fund Contractual waiver 1.19%
Class Z through 3/1/2008
-------------------------------------------------------------------------------------------------------------
Touchstone Value Opportunities Fund Contractual waiver 1.19%
Class A through 3/1/2008
-------------------------------------------------------------------------------------------------------------
Touchstone Value Opportunities Fund Contractual waiver 1.94%
Class C through 3/1/2008
-------------------------------------------------------------------------------------------------------------
IN WITNESS WHEREOF, the parties hereto have caused the Amended Agreement
to become effective as of February 1, 2008.
TOUCHSTONE FUNDS GROUP TRUST
By: /s/ Xxxx Xxxxxx
-----------------------------
Name: Xxxx Xxxxxx
---------------------------
Title: Vice President
--------------------------
TOUCHSTONE ADVISORS, INC.
By: /s/ Xxxxxxx Xxxx
-----------------------------
Name: Xxxxxxx Xxxx
---------------------------
Title: Senior Vice President
--------------------------
