This document was produced by Futuregrowth Asset Management (Pty) Ltd (hereinafter “Futuregrowth”). The information contained in this document (hereinafter “information”) is based on sources considered to be reliable, but its accuracy and completeness is not guaranteed.

The information is subject to change at any time and without obligation to notify the investors. Unless otherwise indicated, all figures are unaudited and are not guaranteed. Any action derived from this information is always at the investors’ own risk. This document is for information purposes only, and is not an official confirmation of terms. The value of an investment and any income from it is not guaranteed. Changes in the assumptions may have a substantial impact on the return. Past performance is no indication of current or future performance. The performance data does not take account of commission charged on issue and redemption of the units. The information does not release the recipient from making his/her own assessment. In particular, the recipient is advised to assess the information, with the assistance of an advisor if necessary, with regard to its compatibility with his/her own circumstances in view of any legal, regulatory, tax, and other implications.

Investments held by the financial products described in this document are associated with a higher risk than investments in more developed markets or countries. Emerging markets exist in countries that display at least one of the following features: a degree of political instability; relatively unpredictable trends in growth and financial market development; a financial market that is still at a developing stage; a weak economy. As a rule, investments in emerging markets are exposed to greater risks. These include political and economic risks and risks relating, for example, to soundness, exchange rates, market liquidity, legal regulations, settlement, markets, shareholders, and creditors. Investors should be willing and financially able to accept the risk features of the investments described in this document.

Commodity investments are prone to wider fluctuations in value than conventional investments, and may entail additional investment risks. Futuregrowth and/or the members of its board of directors and employees may hold shares in the financial products (or any related investments) mentioned in this document and may add or sell these positions from time to time. Additionally, the members of the board of directors and employees of Futuregrowth and/or may serve as members of boards of directors of the investments in which the financial products are invested. This document is expressly not intended for persons who, due to their nationality or place of residence, are not  permitted access to such information under applicable law. Neither the present document nor copies thereof shall be sent or taken to the United States of America, or issued in the US or to a US person (in the terms of Regulation S of the United States Securities Act of 1933, in the respective current version). 

The financial products specified in this document are not licensed for distribution in the United States of America. As a result, it may not be offered, sold, or delivered there. The Old Mutual African Agricultural Fund is licensed as an investment fund under Luxemburg law

The prospectus, the management regulations and the annual and semi-annual reports may be obtained free of charge Futuregrowth, and from any distribution partner. The Old Mutual African Agricultural Fund is a contractual investment fund. It belongs to the asset class “other funds for alternative investments” associated with particular risk.

The risks associated with this investment fund are not comparable to those of securities funds. Investors’ attention is therefore expressly drawn to the risks explained in the fund prospectus and contract, and to the lower liquidity and greater difficulty of valuation of the fund  investments, which are not usually listed or traded. Investors must assume that up to 65% of the fund assets may be invested, directly or indirectly in permanent crops and permanent crop farmland, and up to 50% of this in South Africa. In particular, investors must be willing and able to bear partial or total loss of their capital. Investors should  therefore hold shares in the Old Mutual African Agricultural Fund only as a small proportion of a diversified portfolio.

The paying agent in Luxemburg is Credit Suisse AG, Luxemburg. Subscriptions are only valid on the basis of the current sales prospectus and  the most recent annual report (or semi-annual report, if this is more recent). 

The prospectus, the management regulations and the annual and semi-annual reports may be obtained free of charge from Futuregrowth or Credit Suisse Fund Services (Luxembourg) S.A. in Luxembourg, Credit Suisse Funds AG in Zurich and from any distribution partner. This document may not be reproduced, stored in a retrieval system, or transmitted, in part or in full, in any form or by any means, whether electronically, mechanically, photocopied, or otherwise, without the prior written consent of Futuregrowth. Additional information is available upon request.

© 2012 Futuregrowth Asset Management (Pty) Ltd. All rights reserved.