Barrow, Hanley, Mewhinney & Strauss

August 28, 2008


	We are pleased to provide our clients with online access to account information.

Stability of investment team, strict adherence to style and uniformity of process are hallmarks of Barrow Hanley. Through an investment in a Barrow Hanley sub-advised mutual fund, individual investors are able to access the research-driven, bottom-up approach to active security selection that is utilized by major pension plans, foundations and endowments, and other institutional investors worldwide.

Introducing the Old Mutual Barrow Hanley Value Fund

Barrow Hanley is now the sole sub-advisor to a mutual fund that provides individual investors with access to the same Barrow Hanley large cap value strategy that has been employed by institutional investors for decades.


	Old Mutual Barrow Hanley Value Fund		View Fund

Investment Objective
The Old Mutual Barrow Hanley Value Fund seeks long-term growth of capital.



Ticker	Family	Market Cap	Style


OBFOX	Old Mutual Advisor Funds II	Large	Value

Main Investment Strategies
The Fund, a non-diversified fund, seeks to provide investors with long-term capital growth. To pursue this goal, the Fund normally invests in equity securities of large and mid-cap companies with value characteristics. Undervalued stocks are generally those stocks that are out of favor with investors and, in the opinion of Barrow Hanley, the Fund’s Sub-Advisor, are trading at prices that are below average at the time of purchase in relation to such measures as earnings and book value. These stocks often have above average dividend yields. Equity securities in which the Fund may invest include common and preferred stock.

View Fund

This mutual fund information must be preceded or accompanied by a current prospectus. The prospectus contains important information, including information about a Fund's investment objectives, risks, charges and expenses and should be read carefully and considered before investing or sending money. The mutual funds referred to on this web site are offered and sold only to persons residing in the United States and are offered by prospectus only.

Any performance data quoted represents past performance, which is not a guarantee of future results. Investment return and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. Performance current to the most recent day can be obtained here or by calling 1-888-744-5050 (Investors) or 1-888-772-2888 (Financial Advisors).

Mutual fund investing involves risk including possible loss of principal. Although this Fund strives to achieve its goal, it cannot guarantee that the goal will be achieved. Please see the prospectus for more information on the Fund's investment strategies and risks.

"Old Mutual" is the marketing name for the affiliated companies of Old Mutual plc, a global financial services organization. Old Mutual Investment Partners is the distributor for Old Mutual Advisor Funds and Old Mutual Advisor Funds II and is an indirect, wholly owned subsidiary of Old Mutual plc.

Distributor: Old Mutual Investment Partners, Member NASD, SIPC. W-06-040, 5/2006


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