NATIXIS FUNDS
ASG Global Alternatives Fund | Gateway Fund | |
ASG Managed Futures Strategy Fund | Loomis Sayles Strategic Alpha Fund | |
ASG Tactical U.S. Market Fund | McDonnell Intermediate Municipal Bond Fund |
Supplement dated December 16, 2014 to the Natixis Funds Statement of Additional
Information, dated May 1, 2014, as may be revised and supplemented from time to time.
Effective immediately, the following paragraph is added to the sub-section Asset-Backed Securities within the section Investment Strategies and Risks in the Statement of Additional Information:
Certain Funds may also invest in residual interests in asset-backed securities, which is the excess cash flow remaining after making required payments on the securities and paying related administrative expenses. The total amount of residual cash flow resulting from a particular issue of asset-backed securities depends in part on the characteristics of the underlying assets, the coupon rate on the securities, prevailing interest rates, the amount of the administrative expenses and the actual performance experience on the underlying assets (among them the amount and timing of losses, leasing and disposition activity).
1