Old Mutual Smoothed

Performance Fund
A smooth start to someone great
www.smartmax.co.za
To nd out more about Old Mutual Smoothed Funds or about SmartMAX from Max Investments,
speak to your Old Mutual nancial adviser, your broker or call 0860 60 60 60.
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Old Mutual Smoothed Performance Fund
offers great benets:
Peace of mind due to smoothing of extreme market movements
Guarantees which protect against long-term weaker growth
Ination-beating solution
Youre less affected by the markets short-term ups and downs
Keeps you focused on your long-term investment objectives
Offers a balanced investment portfolio
Reduces the risk of entering or leaving the market at a bad time
How does smoothing work?
During periods of relatively strong growth, a portion of that investment growth is held
back, so that in times of relatively weaker growth, there are funds available to declare
better returns than would otherwise have been the case. The result? Rough market
movements are smoothed out, giving you consistently impressive growth.
This means you should get ination-beating growth, while your money is still
protected. This makes it ideally suited for
education investments.
1984
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1 000
1 500
2 000
2 500
3 000
3 500
4 000
2008 1988 1991 1995 1998 2001 2005
The Benefit Of Smoothing Market Fluctuations
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tSmoothed Bonus
Balanced fund
Inflation
500
What does
your child
dream of
becoming one
day? A sailor,
a doctor, a reman or even an astronaut?
When it comes to dreams, the skys the
limit. And when it comes to fullling
those dreams, its important to plan
ahead... so start saving as soon as
possible to ensure that your child gets
the solid education needed to achieve
his or her goals.
Thats why its important to choose an
investment that you can trust to help
you achieve more growth over the long
term, without the sharp short-term ups
and downs.
Old Mutual Smoothed Funds
track record shows consistently
impressive growth of over 5%
above ination per year since
it started 27 years ago! Plus, youre
guaranteed to get out at least what you
put in, with signicantly less exposure
to market movements.
Essentially Old Mutual
Smoothed Funds offer you the
best of all worlds which is
precisely why its the perfect
choice for investing for your
childs education.