ASG Global Alternatives Fund
Supplement dated June 29, 2012 to the Natixis Alternative Funds Statement of Additional Information
(the SAI) dated May 1, 2012, as may be revised or supplemented from time to time.
Effective July 1, 2012, AlphaSimplex Group, LLC (AlphaSimplex) has added a breakpoint in the ASG Global Alternatives Funds (the Global Alternatives Fund) advisory fee at 1.10% for average daily net assets above $2 billion. Accordingly, the first table in the sub-section Advisory Fees within the section Fund Charges and Expenses is revised as follows with regard to the Global Alternatives Fund:
Fund |
Advisory fee payable by Fund to AlphaSimplex* (as a % of average daily net assets of the Fund) | |
Global Alternatives Fund |
1.15% of the first $2 billion 1.10% of amounts in excess of $2 billion |
* | Average daily net assets exclude the average daily net assets of each Funds wholly-owned subsidiary. |