NATIXIS FUNDS
Supplement dated August 1, 2014 to the Natixis Oakmark Fund and Natixis U.S. Equity Opportunities Fund (the Funds) Statement of Additional Information (the SAI), dated May 1, 2014, as may be revised and supplemented from time to time.
Effective August 1, 2014, Michael J. Mangan has joined the portfolio management team of the Funds.
The following information supplements the sub-sections Portfolio Managers Management of Other Accounts and Portfolio Managers Ownership of Fund Shares within the section Portfolio Management Information.
Portfolio Managers Management of Other Accounts
As of August 1, 2014, Michael J. Mangan managed other accounts in addition to managing one or more of the Funds. The following table provides information on the other accounts managed by Mr. Mangan:
Registered Investment Companies |
Other Pooled Investment Vehicles |
Other Accounts | ||||||||||||||||||||||||||||||||||
Other Accounts Managed |
Advisory Fee is Based on Performance |
Other Accounts Managed |
Advisory Fee is Based on Performance |
Other Accounts Managed |
Advisory Fee is Based on Performance |
|||||||||||||||||||||||||||||||
Name of Portfolio Manager (Firm) |
# of Accts |
Total Assets |
# of Accts |
Total Assets |
# of Accts |
Total Assets |
# of Accts |
Total Assets |
# of Accts |
Total Assets |
# of Accts |
Total Assets |
||||||||||||||||||||||||
Michael J. Mangan (Harris Associates) |
1 | $
|
933.8 million |
|
0 | $ | 0 | 0 | $ | 0 | 0 | $ | 0 | 554 | $
|
5.7 billion |
|
0 | $ | 0 |
Portfolio Managers Ownership of Fund Shares
The following table sets forth the dollar range* of equity securities of the Funds beneficially owned by Michael J. Mangan as of August 1, 2014:
Name of Portfolio |
Fund(s) Managed | Dollar Range of Equity Securities Invested* | ||
Michael J. Mangan |
Natixis Oakmark Fund Natixis U.S. Equity Opportunities Fund |
A A |
NATIXIS U.S. EQUITY OPPORTUNITES FUND
Effective immediately, the third paragraph under the section Portfolio Holdings Information in the SAI is amended to include the following:
Subject to the policies adopted by the Funds Board of Trustees for the disclosure of portfolio holdings information, Barra Portfolio Manager receives portfolio holdings information (daily disclosure of full portfolio holdings) for the purpose of performing certain functions related to the research, reporting, strategy development, portfolio construction, and performance and risk attribution with respect to the Loomis Sayles - All Cap Growth segment of the U.S. Equity Opportunities Fund.