The Touchstone International ESG Equity Fund (formerly, the Touchstone Premium Yield Equity Fund) (the “Fund”) intends to implement a change to its dividend distribution schedule. Effective September 1, 2019, the Fund will begin declaring and paying dividends, if any, on an annual basis instead of monthly.
In addition, effective August 23, 2019, the following non-fundamental investment limitations have been removed from the Fund's Statement of Additional Information ("SAI"):
•
The
Fund may invest up to 10% of its net assets in business development companies.
•
The Fund may invest up to 10% of its net assets in Canadian Income Trusts.
•
The Fund may invest up to 10% of its net assets in royalty income trusts.
•
The Fund may invest up to 40% of its total assets in emerging market securities.
These
changes coincide with the Fund's change in name, sub-advisor and principal investment strategy, notice of which was previously provided to Fund shareholders. For additional information on the Fund, please see the Fund's prospectus and SAI, each dated August 23, 2019.
Please contact your financial advisor or Touchstone at 800.543.0407 if you have any questions.
