NATIXIS FUNDS
Supplement dated July 1, 2014 to the Natixis Funds Statement of Additional Information dated May 1, 2014, as may be revised and supplemented from time to time, for the following funds:
ASG Diversifying Strategies Fund | Gateway Fund | |
ASG Global Alternatives Fund | Loomis Sayles Strategic Alpha Fund | |
ASG Managed Futures Strategy Fund | McDonnell Intermediate Municipal Bond Fund | |
ASG Tactical U.S. Market Fund |
GATEWAY FUND
Effective July 1, 2014, Gateway Investment Advisers, LLC (Gateway) revised the breakpoint schedule to the advisory fee of the Gateway Fund. Accordingly, the table in the sub-section Advisory Fees within the section Fund Charges and Expenses is revised as follows with regard to the Gateway Fund:
Fund |
Advisory fee payable by Fund to Gateway (as a % of average daily net assets of the Fund) | |
Gateway Fund |
0.65% of the first $5 billion 0.60% of the next $5 billion 0.58% of amounts in excess of $10 billion |
ALL FUNDS
Effective July 1, 2014, the below paragraph should be added to the section Fund Charges and Expenses after the sub-section of Sales Charges and Distribution and Service (12b-1) Fees:
TRANSFER AGENCY EXPENSES
NGAM Advisors has given a binding contractual undertaking to the ASG Global Alternatives Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through April 30, 2016 and may be terminated before then only with the consent of the Funds Board of Trustees.