NATIXIS FUNDS
Supplement dated July 18, 2011 to the Natixis Statement of Additional Information (the SAI) dated May 1, 2011, as may be revised or supplemented from time to time, for the following funds:
ASG Diversifying Strategies Fund | ASG Global Alternatives Fund | |
ASG Managed Futures Strategy Fund | Loomis Sayles Absolute Strategies Fund | |
Loomis Sayles Multi-Asset Real Return Fund | Gateway Fund |
Effective immediately, the Class A and Class C portion of the Sales Charges and Commissions Schedule under the sub-section Distribution Agreements and Rule 12b-1 Plans within the section Investment Advisory and Other Services is replaced with the following:
Class A
Diversifying Strategies Fund, Global Alternatives Fund, Managed Futures Strategy Fund and Gateway Fund
Cumulative Investment |
Maximum by Investors |
Maximum Reallowance or Commission (% of offering price) |
Maximum First Year Service Fee (% of net investment) |
Maximum First Year Compensation (% of offering price) |
||||||||||||
Less than $50,000 |
5.75 | % | 5.00 | % | 0.25 | % | 5.25 | % | ||||||||
$50,000 $99,999 |
4.50 | % | 4.00 | % | 0.25 | % | 4.25 | % | ||||||||
$100,000 $249,999 |
3.50 | % | 3.00 | % | 0.25 | % | 3.25 | % | ||||||||
$250,000 $499,999 |
2.50 | % | 2.15 | % | 0.25 | % | 2.40 | % | ||||||||
$500,000 $999,999 |
2.00 | % | 1.70 | % | 0.25 | % | 1.95 | % | ||||||||
Investments of $1 Million or More(1) |
||||||||||||||||
First $3 million |
None | 1.00 | % | 0.25 | % | 1.25 | % | |||||||||
Excess over $3 million |
None | 0.50 | % | 0.25 | % | 0.75 | % | |||||||||
Investments with No Sales Charge (2) |
None | 0.00 | % | 0.25 | % | 0.25 | % |
(1) | Commissions are based on cumulative investments over the life of the account with no adjustment for redemptions, transfers or market declines. For example, if a shareholder has accumulated investments in excess of $3 million and subsequently redeems all or a portion of the account(s), purchases following the redemption will generate a dealer commission of 0.50%. |
(2) | Refers to any investments made by investors not subject to a sales charge as described in the Prospectuses for Class A and Class C shares in the section How Sales Charges Are Calculated. |
Absolute Strategies Fund and Multi-Asset Real Return Fund
Cumulative Investment |
Maximum (% of offering |
Maximum Reallowance or Commission (% of offering price) |
Maximum First Year Service Fee (% of net investment) |
Maximum First Year Compensation (% of offering price) |
||||||||||||
Less than $100,000 |
4.50 | % | 4.00 | % | 0.25 | % | 4.25 | % | ||||||||
$100,000 - $249,999 |
3.50 | % | 3.00 | % | 0.25 | % | 3.25 | % | ||||||||
$250,000 - $499,999 |
2.50 | % | 2.15 | % | 0.25 | % | 2.40 | % | ||||||||
$500,000 - $999,999 |
2.00 | % | 1.70 | % | 0.25 | % | 1.95 | % | ||||||||
Investments of $1 million or more(1) |
| |||||||||||||||
First $3 million |
None | 1.00 | % | 0.25 | % | 1.25 | % | |||||||||
Excess over $3 million |
None | 0.50 | % | 0.25 | % | 0.75 | % | |||||||||
Investments with no Sales Charge (2) |
None | 0.00 | % | 0.25 | % | 0.25 | % |
(1) | Commissions are based on cumulative investments over the life of the account with no adjustment for redemptions, transfers or market declines. For example, if a shareholder has accumulated investments in excess of $3 million and subsequently redeems all or a portion of the account(s), purchases following the redemption will generate a dealer commission of 0.50%. |
(2) | Refers to any investments made by investors not subject to a sales charge as described in the Prospectuses for Classes A, B and C shares of the Funds in the section How Sales Charges Are Calculated. |
Class C
All Funds
Class C service fees are payable regardless of the amount of the Distributors related expenses. The portion of the various fees and expenses for Class C shares of the Fund that are paid to securities dealers are shown below:
Investment | Maximum Front-End Sales (% of
offering |
Maximum Reallowance or Commission (% of offering price) |
Maximum First Year Service Fee (% of net investment) |
Maximum First Year Compensation (% of offering price) |
||||||||||
All amounts for Class C |
none | 1.00 | % | 0.00 | % | 1.00 | % |