UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to ss.240.14a-12 Old Mutual Advisor Funds ------------------------------------------------ (Name of Registrant as Specified In Its Charter) ------------------------------------------------------------------------ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1. Title of each class of securities to which transaction applies: 2. Aggregate number of securities to which transaction applies: 3. Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): 4. Proposed maximum aggregate value of transaction: 5. Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1. Amount Previously Paid: 2. Form, Schedule or Registration Statement No.: 3. Filing Party: 4. Date Filed: 2 [Old Mutual Advisor Funds letterhead] April 10, 2006 Dear Shareholder: As an Old Mutual Advisor Funds Pure PortfoliosSM investor, you may be aware that Ibbotson Associates Advisors, LLC plays an integral role in the management of your fund. This premier provider of investment management services is with you every step of the way, helping you meet your asset allocation goals. We are pleased to report that Ibbotson Associates will continue to provide these services as a wholly owned subsidiary of Morningstar, Inc., a leading provider of independent investment research. Currently, Old Mutual Capital, Inc., your fund's investment advisor, and Ibbotson Associates are working under an interim sub-advisory agreement approved by the Board of Trustees. A new agreement reflecting our ongoing relationship will become effective pending shareholder approval. More information regarding this new arrangement is contained in proxy materials that were sent to you on or about March 27, 2006. The Board of Trustees, including all of the independent Trustees, has approved the new sub-advisory agreement and encourages you do the same. In the meantime, you can be assured that there have been no changes in the day-to-day management of your fund and that each of the Pure PortfoliosSM remains focused on providing complete asset allocation solutions across their respective investment profiles. For more information, we encourage you to read the enclosed prospectus supplement. Should you have any questions, please contact your financial advisor or feel free to call a Shareholder Services representative at 1-888-744-5050 between 8:00 A.M. and 7:00 P.M. ET. As always, we thank you for your continued support of the Old Mutual Advisor Funds. Sincerely, /s/ David J. Bullock David J. Bullock President Old Mutual Advisor Funds Past performance does not guarantee future results. Investment return and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. There are risks involved with mutual fund investing, including the risk of loss of principal. Distributor: Old Mutual Investment Partners, Member NASD. D-06-159 04/2006