-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, lBTr2CHPIISBdn3/94Lu3/MYlQz3LBXpHQYxGjPKmAK6XbYZaoog7Jn7CUgvwceF +IXoJD9JcRF9DCC/gBnLPg== 0000052136-95-000009.txt : 19950612 0000052136-95-000009.hdr.sgml : 19950612 ACCESSION NUMBER: 0000052136-95-000009 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950307 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW ENGLAND FUNDS TRUST II CENTRAL INDEX KEY: 0000052136 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 041990692 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-00242 FILM NUMBER: 95519081 BUSINESS ADDRESS: STREET 1: 399 BOYLSTON ST STREET 2: 4TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 8002831155 MAIL ADDRESS: STREET 1: 399 BOYLSTON STREET STREET 2: 4TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST OF BOSTON FUNDS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: WORLD INVESTMENT TRUST DATE OF NAME CHANGE: 19680529 DEFA14A 1 REMINDER/LETTER SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) 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 Section 240.14a-11(c) or Section 240.14a-12 New England Funds Trust II (Name of Registrant as Specified In Its Charter) New England Funds Trust II (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [___] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), 14a-6(i)(2) or Item 22(a)(2) of Schedule 14A. [___] $500 per each party to the controversy pursuant to Exchange Act Rule 14a-6(i)(3). [___] Fee computed on table below per Exchange Act Rules 14a- 6(i)(4) 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: [_X_] 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: Notes: A Reminder About the Special Proxy Recently, we sent you a special proxy that asked you to vote on two very important proposals -- the first to change the Fund's management, the second to approve a new advisory contract. Proposal to Change Fund Management Although the Fund has produced competitive returns over the past few years, it has not achieved its goal of bettering the S&P 500. This is the reason we are asking you to approve a change in the Fund's investment manager to Westpeak Investment Advisors, L.P. Currently managing $480 million in assets, Westpeak uses a flexible investment strategy focused on both value and growth stocks. Growth managers generally search for companies with a history of strong, growing profits and superior management, while value managers look for stocks with undervalued assets or earning potential. There can be no assurance that the Fund will achieve its goal of bettering the S&P 500. If you haven't already done so, please cast your vote, sign the form and return it by March 31, 1995. It's important that you respond quickly to avoid the expense of additional mailings. If you haven't received your proxy, please call us at 1-800-225-5478 and we'll send you a complete package. March 6, 1995 Dear Growth Opportunities Fund Shareholder: You're invited to attend a special meeting of Growth Opportunities Fund shareholders in April, to vote on two important proposals. The enclosed package explains the proposals and includes materials to use when voting by mail. Proposal to Change Fund Management In seeking its objective of long-term growth of capital and income, the Growth Opportunities Fund's goal has been to closely track, and slightly outperform, the Standard & Poor's Stock Index. While the Fund has rewarded shareholders with competitive returns over the years, it has generally not bettered the S&P 500. We are asking for your approval to change the Fund's management to enhance the Fund's ability to meet this goal. Westpeak Investment Advisors, L.P. ("Westpeak"), is proposed to assume management of the Growth Opportunities Fund, effective May 1, 1995. Gerald Scriver, President of Westpeak, has more than 30 years of investment experience and a strong performance record. Mr. Scriver founded Westpeak in 1991; in just over three years he has built assets to nearly $500 million. The Growth Opportunities Fund will continue to seek long-term growth of capital and income. In pursuing this objective, however, Westpeak will use a flexible investment strategy of investing in both growth and value stocks, rather than remaining committed exclusively to one investment approach. Growth managers usually look to companies with strong profit growth and superior management, while value managers look for stocks with undervalued assets or undervalued earning power. By using a flexible investment strategy, Westpeak aims to enhance the overall returns of the Fund. In recognition of Westpeak's more active portfolio management approach, the Growth Opportunities Fund seeks to increase its management fee from .50% to .70% on assets up to $200 million effective on May 1, 1995. At the same time, the Fund's 12b-1 fee for Class A shares will be reduced from .35% to .25%. This new fee structure will be well within industry standards. Furthermore, we expect that the Fund's new investment approach and return potential will be more attractive to investors, possibly leading to increased assets and decreased expenses in the future. Of course, there can be no assurance that the proposed changes will in fact result in better investment returns or eventual lower expenses. Return Your Proxy Vote Today The Board of Trustees has reviewed and approved the above proposals and recommends a vote FOR all proposals. Please cast your vote, sign the form and return it by March 31, 1995 in the postage-paid envelope provided. If you prefer to use our telephone voting service to immediately record your vote, simply call 1-800-359-6405 and follow the simple instructions. It's important that you respond to us by March 31 to avoid the expense to the Fund of additional mailings. For questions regarding the Fund's new management or fee structure, please call your financial representative or New England Funds today at 800-225-5478. We appreciate your continued trust and confidence and look forward to earning it well into the future. Sincerely, Peter S. Voss Henry L. P. Schmelzer Chairman of the Board and President Chief Executive Officer P.S. You may receive a call from D.F. King, a proxy solicitation firm, to remind you to return your ballot and answer your questions. -----END PRIVACY-ENHANCED MESSAGE-----