Old Mutual Funds plans to transfer 10 funds to Touchstone mutual funds

By Toni Weeks

San Diego, Oct. 18 - Old Mutual Funds II's board of trustees approved agreements and plans of reorganization on Oct. 17 on behalf of 10 of the company's funds, according to a 497 supplement filed with the Securities and Exchange Commission.

The agreement will transfer 10 Old Mutual II funds to mutual funds advised by Touchstone Advisors, Inc. Shareholders in each existing fund will become shareholders in the corresponding Touchstone mutual fund.

Shareholders of the Old Mutual funds as of the close of business on Nov. 14 will be asked to approve the reorganization at a shareholder meeting to be held on Feb. 10, 2012. If the plan is approved by shareholders, all of the assets and some liabilities of each fund will become the assets and liabilities of the corresponding Touchstone fund, and shareholders in each fund will become shareholders in the corresponding Touchstone fund.

The reorganizations are expected to be effective during the second quarter of 2012.

Affected are the following Old Mutual funds and the names of their corresponding Touchstone funds:

• Old Mutual Analytic U.S. Long/Short fund will transfer to Touchstone U.S. Long/Short fund;

• Old Mutual Barrow Hanley Value fund will transfer to Touchstone Value fund;

• Old Mutual Copper Rock International Small Cap fund will transfer to Touchstone International Small Cap fund;

• Old Mutual Focused fund will transfer to Touchstone Focused fund;

• Old Mutual Large Cap Growth fund will transfer to Touchstone Capital Growth fund;

• Old Mutual TS&W Small Cap Value fund will transfer to Touchstone Small Cap Value Opportunities fund;

• Old Mutual TS&W Mid-Cap Value fund will transfer to Touchstone Mid-Cap Value Opportunities fund;

• Old Mutual Barrow Hanley Core Bond fund will transfer to Touchstone Total Return Bond fund;

• Old Mutual Dwight Intermediate Fixed-Income fund will transfer to Touchstone Core Bond fund; and

• Old Mutual Dwight Short-Term Fixed-Income fund will transfer to Touchstone Ultrashort Duration Fixed-Income fund.

Questions can be directed to Old Mutual Funds (888 772-2888).

The investment company is located in Kansas City, Mo.

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