We request that you participate in a ballot on a proposed change that affects one or more of the unit trust funds in which you are invested, as we intend to merge a number of our portfolios. Please read this letter to understand the proposed change, and then vote accordingly. Your ballot form must reach our auditors by 15 October 2019 at the latest for your vote to be counted.
If you do not vote, legislation states that you are considered to have voted in favour of the merger.
Proposed merger.
We propose to merge the following Old Mutual unit trust funds into the Old Mutual Equity Fund (the continuing unit trust fund):
- Old Mutual Mining and Resources Fund
- Old Mutual Gold Fund
If the ballot is successful, these unit trust funds will merge with effect 31 October 2019