Amalgamation approval received30 May 2019

      Amalgamation of the Old Mutual Financial Services Fund, Old Mutual Industrial Fund, Old Mutual Growth Fund, Old Mutual Top Companies Fund and the Old Mutual Top 20 Fund into the continuing fund, the Old Mutual Equity Fund.

      We are pleased to advise that the Financial Sector Conduct Authority (FSCA) has today given approval for the amalgamation of the above 5 Old Mutual Unit Trusts Funds into the Old Mutual Equity Fund, following the positive client response to the amalgamation ballot.

      These funds will merge on 31 May 2019 and the Old Mutual Equity Fund will be the continuing fund.