Natixis Funds Trust II

0001193125-11-173292.txt : 20110624 0001193125-11-173292.hdr.sgml : 20110624 20110624163226 ACCESSION NUMBER: 0001193125-11-173292 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110624 DATE AS OF CHANGE: 20110624 EFFECTIVENESS DATE: 20110624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Natixis Funds Trust II CENTRAL INDEX KEY: 0000052136 IRS NUMBER: 041990692 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11101 FILM NUMBER: 11930979 BUSINESS ADDRESS: STREET 1: 399 BOYLSTON STREET STREET 2: 12TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 800-283-1155 MAIL ADDRESS: STREET 1: 399 BOYLSTON STREET STREET 2: 12TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: IXIS Advisor Funds Trust II DATE OF NAME CHANGE: 20050502 FORMER COMPANY: FORMER CONFORMED NAME: CDC NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20000202

0000052136 S000026209 ASG Diversifying Strategies Fund

C000078682 Class A DSFAX

C000078683 Class C DSFCX

C000078684 Class Y DSFYX

497 1 d497.htm NATIXIS FUNDS TRUST II Natixis Funds Trust II

NATIXIS FUNDS

Supplement dated June 24, 2011 to the Class A, Class C and Class Y Prospectuses, each dated May 1, 2011, as may be revised or supplemented from time to time for the following funds:

Absolute Asia Dynamic Equity Fund

ASG Diversifying Strategies Fund

Effective immediately, the Annual Fund Operating Expenses table under the section “Fund Fees & Expenses” in the Absolute Asia Dynamic Equity Fund Class AC Fund Summary is amended as follows:


Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)	Class A			Class C
Management fees		1.00	%		1.00	%
Distribution and/or service (12b-1) fees		0.25	%		1.00	%
Other expenses (restated to reflect current expenses)		6.60	%		5.69	%
Total annual fund operating expenses		7.85	%		7.69	%
Fee waiver and/or expense reimbursement¹		6.10	%		5.19	%
Total annual fund operating expenses after fee waiver and/or expense reimbursement		1.75	%		2.50	%

1 The Fund’s investment adviser has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.75% and 2.50% of the Fund’s average daily net assets for Class A and C shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2012 and may be terminated before then only with the consent of the Fund’s Board of Trustees. The Fund’s investment adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below 1.75% and 2.50% of the Fund’s average daily net assets for Class A and Class C shares, respectively. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.

Effective immediately, the Example table under the section “Fund Fees & Expenses” in the Absolute Asia Dynamic Equity Fund Class AC Fund Summary is amended as follows:


	Class A		Class C
			If shares are redeemed		If shares are not redeemed
1 year	$	743	$	353	$	253
3 years	$	2,227	$	1,787	$	1,787
5 years	$	3,628	$	3,240	$	3,240
10 years	$	6,796	$	6,544	$	6,544

Effective immediately, the Annual Fund Operating Expenses table under the section “Fund Fees & Expenses” in the Absolute Asia Dynamic Equity Fund Class Y Fund Summary is amended as follows:


Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)	Class Y
Management fees		1.00	%
Other expenses (restated to reflect current expenses)		6.10	%
Total annual fund operating expenses		7.10	%
Fee waiver and/or expense reimbursement¹		5.60	%
Total annual fund operating expenses after fee waiver and/or expense reimbursement		1.50	%

1 The Fund’s investment adviser has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.50% of the Fund’s average daily net assets for Class Y shares, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2012 and may be terminated before then only with the consent of the Fund’s Board of Trustees. The Fund’s investment adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below 1.50% of the Fund’s average daily net assets for Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.

Effective immediately, the Example table under the section “Fund Fees & Expenses” in the Absolute Asia Dynamic Equity Fund Class Y Fund Summary is amended as follows:


	Class Y
1 year	$	153
3 years	$	1,592
5 years	$	2,971
10 years	$	6,173

***

Effective immediately, the Annual Fund Operating Expenses table under the section “Fund Fees & Expenses” in the ASG Diversifying Strategies Fund Class AC Fund Summary is amended as follows:


Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)	Class A			Class C
Management fees		1.25	%		1.25	%
Distribution and/or service (12b-1) fees		0.25	%		1.00	%
Other expenses (restated to reflect current expenses)		0.49	%		0.41	%
Total annual fund operating expenses		1.99	%		2.66	%
Fee waiver and/or expense reimbursement¹		0.25	%		0.17	%
Total annual fund operating expenses after fee waiver and/or expense reimbursement		1.74	%		2.49	%

1 AlphaSimplex Group, LLC (the “Adviser”) has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.70% and 2.45% of the Fund’s average daily net assets for Class A and C shares, respectively, exclusive of organizational expenses, brokerage expenses, interest expense, taxes and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2012 and may be terminated before then only with the consent of the Fund’s Board of Trustees. The Fund’s Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below 1.70% and 2.45% of the Fund’s average daily net assets for Class A and C shares, respectively. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed.

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Effective immediately, the Example table under the section “Fund Fees & Expenses” in the ASG Diversifying Strategies Fund Class AC Fund Summary is amended as follows:


	Class A		Class C
			If shares are redeemed		If shares are not redeemed
1 year	$	742	$	352	$	252
3 years	$	1,141	$	810	$	810
5 years	$	1,564	$	1,395	$	1,395
10 years	$	2,740	$	2,980	$	2,980

Effective immediately, the following sentence is added under the bar chart in the sub-section “Risk/Return Bar Chart and Table” within the section “Investments, Risks and Performance” with regard to the ASG Diversifying Strategies Fund Class AC Fund Summary:

The Fund’s Class A shares total return year to date as of March 31, 2011 was -0.86%.

Effective immediately, the Annual Fund Operating Expenses table under the section “Fund Fees & Expenses” in the ASG Diversifying Strategies Fund Class Y Fund Summary is amended as follows:


Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)	Class Y
Management fees		1.25	%
Other expenses (restated to reflect current expenses)		0.58	%
Total annual fund operating expenses		1.83	%
Fee waiver and/or expense reimbursement¹		0.34	%
Total annual fund operating expenses after fee waiver and/or expense reimbursement		1.49	%

1 AlphaSimplex Group, LLC (the “Adviser”) has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.45% of the Fund’s average daily net assets for Class Y shares, exclusive of organizational expenses, brokerage expenses, interest expense, taxes and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2012 and may be terminated before then only with the consent of the Fund’s Board of Trustees. The Fund’s Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below 1.45% of the Fund’s average daily net assets for Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed.

Effective immediately, the Example table under the section “Fund Fees & Expenses” in the ASG Diversifying Strategies Fund Class Y Fund Summary is amended as follows:


	Class Y
1 year	$	152
3 years	$	543
5 years	$	959
10 years	$	2,120

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The Fund’s Class Y shares total return year to date as of March 31, 2011 was -0.76%.

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