Two Old Mutual funds to reorganize into Touchstone-advised funds

By Toni Weeks

San Diego, March 9 - Shareholders of two Old Mutual Funds I approved on Friday a reorganization of the funds into mutual funds adviser by Touchstone Advisors, Inc., according to a 497 filing with the Securities and Exchange Commission.

The Old Mutual Asset Allocation Moderate Growth Portfolio will transfer its assets and liabilities to the Touchstone Moderate Growth Allocation Fund.

The Old Mutual Asset Allocation Growth Portfolio will transfer its assets and liabilities to the Touchstone Growth Allocation Fund.

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

Denver-based Old Mutual Capital, Inc. is the investment adviser to the fund.

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