POLICYHOLDER NOTICE
Thank you for purchasing insurance from a member company of American International Group, Inc. (AIG). The AIG member companies generally pay compensation to brokers and independent agents, and may have paid compensation in connection with your policy. You can review and obtain information about the nature and range of compensation paid by AIG member companies to brokers and independent agents in the United States by visiting our website at www.aig.com/producercompensation or by calling 1-800-706-3102.
91222 (4/13)
National Union Fire Insurance Company of Pittsburgh, Pa.
A capital stock company
POLICY NUMBER: 02-840-18-45 | REPLACEMENT OF POLICY NUMBER: 01-904-53-54 |
INVESTMENT COMPANY BLANKET BOND
DECLARATIONS
ITEM 1. | Name of Insured (herein called Insured): |
NATIXIS FUNDS. LOOMIS SAYLES FUNDS
Principal Address:
399 BOYLSTON STREET
BOSTON, MA 02116
ITEM 2. | Bond Period: from 12:01 a.m. 12/15/2015 to 12:01 a.m. 12/15/2016 |
the effective date of the termination or cancellation of this bond, standard time at the Principal Address as to each of said dates. |
ITEM 3. | Limit of Liability - Subject to Sections 9, 10 and 12 hereof, |
Amount applicable to | ||||
Limit of Liability | Deductible | |||
Insuring Agreement (A)-FIDELITY | $15,000,000 | NIL | ||
Insuring Agreement (B)-AUDIT EXPENSE | $250,000 | $25,000 | ||
Insuring Agreement (C)-ON PREMISES | $15,000,000 | $25,000 | ||
Insuring Agreement (D)-IN TRANSIT | $15,000,000 | $25,000 | ||
Insuring Agreement (E)-FORGERY OR ALTERATION | $15,000,000 | $25,000 | ||
Insuring Agreement (F)-SECURITIES | $15,000,000 | $25,000 | ||
Insuring Agreement (G)-COUNTERFEIT CURRENCY | $15,000,000 | $25,000 |
MNSCPT | 1 | |||
© All rights reserved. |
Insuring Agreement (H)-STOP PAYMENT | $500,000 | $25,000 | ||
Insuring Agreement (I)-UNCOLLECTIBLE ITEMS OF DEPOSIT | $15,000,000 | $25,000 | ||
Optional Insuring Agreements and Coverages: | $15,000,000 | $25,000 | ||
Insuring Agreement (J)-COMPUTER SYSTEMS FRAUD | $15,000,000 | $25,000 | ||
Insuring Agreement (K)-(DATA PROCESSING SERVICE OPERATIONS) | $15,000,000 | $25,000 | ||
Insuring Agreement (L)-(VOICE INITIATED TRANSFER FRAUD) | $15,000,000 | $25,000 |
If Not Covered is inserted above opposite any specified Insuring Agreement or Coverage, such Insuring Agreement or Coverage and any other reference thereto in this bond shall be deemed to be deleted therefrom.
ITEM 4. | Offices or Premises Covered-Offices acquired or established subsequent to the effective date of this bond are covered according to the terms of General Agreement A. All the Insureds offices or premises in existence at the time this bond becomes effective are covered under this bond except the offices or premises located as follows: No Exceptions |
ITEM 5. | The liability of the Underwriter is subject to the terms of the following riders attached thereto: Endorsement #1,#2,#3,#4,#5,#6,#7,#8,#9,#10,#11 & #12 |
ITEM 6. | The Insured by the acceptance of this bond gives to the Underwriter terminating or canceling prior bond(s) or policy(ies) No.(s) 01-904-53-54 such termination or cancellation to be effective as of the time this bond becomes effective. |
PREMIUM: $69,399
MNSCPT | 2 | |||
© All rights reserved. |
IN WITNESS WHEREOF, the Insurer has caused this Policy to be signed by its President, Secretary and Authorized Representative. This Policy shall not be valid unless signed below at the time of issuance by an authorized representative of the insurer.
| ||||
PRESIDENT |
SECRETARY | |||
National Union Fire Insurance | National Union Fire Insurance | |||
Company of Pittsburgh, Pa. | Company of Pittsburgh, Pa. |
AUTHORIZED REPRESENTATIVE |
||||
|
| |||
COUNTERSIGNED AT | DATE | COUNTERSIGNATURE |
MARSH USA INC.
99 HIGH STREET
BOSTON, MA 02110
1202783
MNSCPT | 3 | |||
© All rights reserved. |
National Union Fire Insurance Company of Pittsburgh, Pa. ®
A capital stock company
INVESTMENT COMPANY BLANKET BOND
The Underwriter, in consideration of an agreed premium , and subject to the Declarations made a part hereof, the General Agreements, Conditions and Limitations and other terms of this bond, agrees with the Insured, in accordance with the Insuring Agreements hereof to which an amount of insurance is applicable as set forth in Item 3 of the Declarations and with respect to loss sustained by the Insured at any time but discovered during the Bond Period, to indemnify and hold harm less the Insured for:
INSURING AGREEMENTS
41206 (9/ 84) |
1 | © All rights reserved. |
41206 (9/ 84) |
2 | © All rights reserved. |
41206 (9/ 84) |
3 | © All rights reserved. |
GENERAL AGREEMENTS
41206 (9/ 84) |
4 | © All rights reserved. |
THE FOREGOING INSURING AGREEMENTS AND
GENERAL AGREEMENTS ARE SUBJECT TO
THE FOLLOWING CONDITIONS
AND LIMITATIONS:
41206 (9/ 84) |
5 | © All rights reserved. |
41206 (9/ 84) |
6 | © All rights reserved. |
41206 (9/ 84) |
7 | © All rights reserved. |
41206 (9/ 84) |
8 | © All rights reserved. |
41206 (9/ 84) |
9 | © All rights reserved. |
41206 (9/ 84) |
10 | © All rights reserved. |
41206 (9/ 84) |
11 | © All rights reserved. |
41206 (9/ 84) |
12 | © All rights reserved. |
41206 (9/ 84) |
13 | © All rights reserved. |
ENDORSEMENT# 1
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
AMENDED FIDELITY AGREEMENT
In consideration of the premium charged, it is hereby understood and agreed that:
1. | Insuring Agreement (A) FIDELITY is hereby deleted in its entirety and replaced with the following: |
(A) | Loss resulting directly from dishonest or fraudulent act(s), including Larceny or Embezzlement committed by an Employee, committed anywhere and whether committed alone or in collusion with others including loss of Property resulting from such acts of an Employee, which Property is held by the Insured for any purpose or in any capacity and whether or not the Insured is liable thereof. |
Dishonest or fraudulent act(s) as used in this Insuring Agreement shall mean only dishonest or fraudulent act(s) committed by such Employee with the intent:
(a) | to cause the Insured to sustain such loss; or |
(b) | to obtain financial benefit for the Employee, or for any other person or organization intended by the Employee to receive such benefit, other than salaries, commissions, fees, bonuses, promotions, awards, profit sharing, pensions or other employee benefits earned in the normal course of employment. |
Notwithstanding the foregoing, however, it is agreed that with regard to Loans and/or Trading this bond covers only loss resulting directly from dishonest or fraudulent acts committed by an Employee with the intent to cause the Insured to sustain such loss and which results in a financial benefit for the Employee; or results in an improper financial benefit for another person or entity with whom the Employee committing the dishonest or fraudulent act was in collusion, provided that the Insured establishes that the Employee intended to participate in the financial benefit.
The word Loan as used in this Insuring Agreement means all extension of credit by the insured and all transactions creating a creditor relationship in favor of the Insured and all transactions by which the Insured assumes an existing creditor relationship.
MNSCPT | END 1 |
ENDORSEMENT# 1 (Continued)
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
The word Trading as used in this Insuring Agreement means trading or other dealings in securities, commodities, futures, options, foreign or Federal Funds, currencies, foreign exchange and the like.
As used in this Insuring Agreement, financial benefit does not include any salaries, commissions, fees, bonuses, promotions, awards, profit sharing, pensions, or other employee benefits earned in the normal course of business.
2. | Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations conditions or agreements of the attached policy other than as above stated. |
AUTHORIZED REPRESENTATIVE |
MNSCPT | © All rights reserved. | |||
END 1 |
ENDORSEMENT# 2
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
PROTECTED INFORMATION EXCLUSION
This rider modifies insurance provided under the following:
BROKER-DEALER GUARD BOND
CREDIT UNION FINANCIAL INSTITUTION FIDELITY BOND
FINANCIAL INSTITUTIONS BOND, STANDARD FORM 14
FINANCIAL INSTITUTIONS BOND, STANDARD FORM 15
FINANCIAL INSTITUTIONS BOND, STANDARD FORM 24
FINANCIAL INSTITUTIONS BOND, STANDARD FORM 25
FOLLOW FORM BOND (EXCESS OVER A FIDELITY BOND)
INVESTMENT COMPANY BLANKET BOND
It is agreed that:
1. | Coverage shall not apply to any loss resulting directly or indirectly from the: (a) theft, disappearance or destruction of; (b) unauthorized use or disclosure of; (c) unauthorized access to; or (d) failure to protect any: |
(i) confidential or non-public; or
(ii) personal or personally identifiable;
information that any person or entity has a duty to protect under any law, rule or regulation, any agreement or any industry guideline or standard.
This exclusion shall not apply to the extent that any unauthorized use or disclosure of a password enables a theft by an Employee of the Insured of money, securities or tangible property of the Insured or that the Insured is holding for a third party; provided, however, this exception shall not apply to the extent that such unauthorized use or disclosure of a password enables a theft of or disclosure of information.
2. | Nothing contained here shall be held to vary, alter, waive or extend any of the terms, limitations, conditions, or agreements of the attached bond other than as above stated. |
AUTHORIZED REPRESENTATIVE |
MNSCPT | © All rights reserved. | |||
END 2 |
ENDORSEMENT# 3
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
AMEND DISCOVERY
It is agreed that:
1. | Section 4, Loss -Notice- Proof- Legal Proceedings, the last paragraph is hereby deleted in its entirety and replaced with the following: |
Discovery Occurs when:
This policy applies only to loss first discovered by the Chief Financial Officer, Compliance Officer, Treasurer or General Counsel of the Insured during the Policy Period. Discovery occurs at the earlier of such individuals being aware of:
(a) | the Chief Financial Officer, Compliance Officer, Treasurer or General Counsel of the Insured during the Policy Period. |
(b) | facts which may subsequently result in a loss of a type covered by this Policy, or an actual or potential claim in which it is alleged that the Insured is liable to a third party, regardless of when the act or acts causing or contributing to such loss occurred, even though the amount of loss does not exceed the applicable DEDUCTIBLE, or the exact amount or details of loss may not then be known. |
2. | Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations, conditions or agreements of the attached policy other than as above stated. |
AUTHORIZED REPRESENTATIVE |
MNSCPT | © All rights reserved. | |||
END 3 |
ENDORSEMENT# 4
This endorsement, effective at 12:01 AM December 15, 2015 forms a part of
Policy No. 02-840-18-45
Issued to: NATIXIS FUNDS, LOOMIS SAYLES FUNDS
By: National Union Fire Insurance Company of Pittsburgh, Pa.
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
ECONOMIC SANCTIONS ENDORSEMENT
This endorsement modifies insurance provided under the following:
The Insurer shall not be deemed to provide cover and the Insurer shall not be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose the Insurer, its parent company or its ultimate controlling entity to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or the United States of America.
AUTHORIZED REPRESENTATIVE |
89644 (6/13) | © All rights reserved. | |||
END 004 Page 1 of 1 |
ENDORSEMENT# 5
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
EMPLOYEE DISHONESTY
In consideration of the premium charged, it is hereby understood and agreed that, notwithstanding anything in the policy to the contrary, if any member of the Risk Management Department, Internal Audit Department, or General Counsel not acting in collusion with an Employee learns of any dishonest act committed by such Employee at any time, whether in the employment of the Insured or otherwise, whether or not such act is of the type covered under this Bond, and whether against the Insured or any other person or entity, the Insured shall immediately remove such Employee from a position that would enable such Employee to cause the Insured to suffer a loss covered by this Bond;
ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED
AUTHORIZED REPRESENTATIVE |
MNSCPT | © All rights reserved. | |||
END 5 |
ENDORSEMENT# 6
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
INDIRECT OR CONSEQUENTIAL LOSS EXCLUSION
This rider modifies insurance provided under the following:
BROKER-DEALER GUARD BOND
FOLLOW FORM BOND (EXCESS OVER A FIDELITY BOND)
INVESTMENT COMPANY BLANKET BOND
It is agreed that:
1. | This bond shall not cover any indirect or any consequential loss of any nature including, but not limited to fines, penalties, multiple or punitive damages. |
2. | Nothing contained here shall be held to vary, alter, waive or extend any of the terms, limitations, conditions, or agreements of the attached bond other than as above stated. |
AUTHORIZED REPRESENTATIVE |
MNSCPT | © All rights reserved. | |||
END 6 |
ENDORSEMENT# 7
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
NOTICE OF CLAIM
(REPORTING BY E-MAIL)
In consideration of the premium charged, it is hereby understood and agreed as follows:
1. | Email Reporting of Claims: In addition to the postal address set forth for any Notice of Claim Reporting under this policy, such notice may also be given in writing pursuant to the policys other terms and conditions to the Insurer by email at the following email address: |
c- claim@AIG.com
Your email must reference the policy number for this policy. The date of the Insurers receipt of the emailed notice shall constitute the date of notice.
In addition to Notice of Claim Reporting via email, notice may also be given to the Insurer by mailing such notice to: AIG, Financial Lines Claims, P.O. Box 25947, Shawnee Mission, KS 66225 or faxing such notice to (866) 227- 1750.
2. | Definitions: For this endorsement only, the following definitions shall apply: |
(a) | Insurer means the Insurer, Underwriter or Company or other name specifically ascribed in this policy as the insurance company or underwriter for this policy. |
(b) | Notice of Claim Reporting means notice of claim / circumstance, notice of loss or other reference in the policy designated for reporting of claims, loss or occurrences or situations that may give rise or result in loss under this policy. |
(c) | Policy means the policy, bond or other insurance product to which this endorsement is attached. |
3. | This endorsement does not apply to any Kidnap & Ransom / Extortion Coverage Section, if any, provided by this policy. |
ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
END 007
|
||||
99758 (8/ 08) | Page 1 of 1 |
ENDORSEMENT# 8
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
VALUATION OF PROPERTY AMENDED
It is agreed that:
1. | VALUATION OF PROPERTY, Section 5. The first paragraph is hereby amended by deleting the words at the time of payment of such loss and replacing with on the business day next preceding the discovery of such loss. |
2. | Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations, conditions, or agreements of the attached policy other than as above stated. |
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
MNSCPT | END 8 |
ENDORSEMENT# 9
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
AMENDED CONSOLIDATION, MERGER, OR PURCHASE OF ASSETS OR
VALUATION OF PROPERTY AMENDED
It is agreed that this Bond is amended as follows:
1. | General Agreements, Section A. AMENDED CONSOLIDATION, MERGER, OR PURCHASE OF ASSETS OR COMPUTER SYSTEMS OR ANOTHER INSTITUTION, is hereby deleted and replaced with the following: |
If an Insured creates, other than by acquisition, a new registered management investment company for which an increase in the bonding limit of liability for the coverage provided hereunder is required by Rule 17G - l of the Investment Company Act of 1940, that registered management investment company will be automatically insured hereunder, to the extent that the required total combined Limit of Liability shall be increased to the minimum required limit of liability for all Insureds (including the newly created registered management investment company) covered hereunder, as required by Rule 17 G - l of the Investment Company Act of 1940, provided that the Limit of Liability does not then exceed $15,000,000. If the Limit of Liability required for all Insureds covered hereunder including the newly created registered management investment company will exceed $15,000,000, no coverage will be provided for the newly created registered management investment company without the advance written consent of the Underwriter.
If an increase in bonding limits is required according to Rule 17 G - l of the Investment Company Act of 1940 due to an increase in managed asset size, whether by growth of registered management investment companies insured under this Bond or by the addition of new registered management investment companies, the minimum required increase in limits shall take place automatically and will be covered until the next Quarterly Period without payment of additional premium, provided that the total combined Limit of Liability for all Insureds under this Bond, as required by with Rule 17G - l of the Investment Company Act of 1940, does not exceed $15,000,000 after including the increase in limits needed due to the increase in managed assets. If the increased limit needed as a result of the increase in managed assets will exceed $15,000,000, then the increase in limits will not occur unless advance written consent of the Underwriter is obtained.
MNSCPT | END 9 |
ENDORSEMENT# 9 (Continued)
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
2. | Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations, conditions or agreements of the attached policy other than as above stated. |
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
MNSCPT | END 9 |
ENDORSEMENT# 10
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
COMPUTER SYSTEMS INSURING AGREEMENT (J)
In consideration of the premium charged the bond is amended as follows:
I.
The bond is hereby amended by adding Insuring Agreement (J) to the bond as follows:
(J) | COMPUTER SYSTEMS |
Loss resulting directly from a fraudulent
(1) | entry of Electronic Data or Computer Program into, or |
(2) | change of Electronic Data or Computer Program within |
any Computer Systems operated by the Insured, whether owned or leased; or any Computer System identified in the application for this bond; or a Computer System first used by the Insured during the Bond Period, as provided by General Agreement A of this bond;
provided that the entry or change causes
(i) | property to be transferred, paid or delivered, |
(ii) | an account of the Insured, or of its customer, to be added, deleted, debited or credited, or |
(iii) | an unauthorized account or a fictitious account to be debited or credited. |
II.
For the purpose of the coverage afforded by this Insuring Agreement, the following definitions shall be added to the policy:
Fraudulent Entry or Fraudulent Change shall include such entry or change made by an Employee of the Insured acting in good faith:
(a) | on an instruction from a software contractor who has a written agreement with the Insured to design, implement or service programs for a Computer System covered by this Insuring Agreement, or |
MNSCPT | END 10 |
ENDORSEMENT# 10 (Continued)
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
(b) | on an instruction transmitted by Tested telex or similar means of Tested communication (except a Telefacsimile Device) identified in the application for this bond purportedly sent by a customer, financial institution or automated clearinghouse; |
Computer Program means a set of related electronic instructions which direct the operations and functions of a computer or devices connected to it which enable the computer or devices to receive, process, store or send Electronic Data;
Computer Systems means:
1) | computers with related peripheral components, including storage components wherever located, |
2) | systems and applications software, |
3) | terminal devices, and |
4) | related communication networks, including the Internet, |
by which Electronic Data are electronically collected, transmitted, processed, stored and retrieved;
Electronic Data means facts or information converted to a form usable in a Computer System by Computer Programs, and which is stored on magnetic tapes or disks, or optical storage disks or other bulk media;
Telefacsimile Device means a machine capable of sending or receiving a duplicate image of a document by means of electronic impulses transmitted through a telephone line and which reproduces the duplicate image on paper;
Tested means a method of authenticating the contents of a communication by placing a valid test key on it which has been agreed upon between the Insured and a customer, automated clearing house, or another financial institution for the purpose of protecting the integrity of the communication in the ordinary course of business;
Internet means worldwide public network of computers, which are commonly referred to as the internet.
MNSCPT | END 10 |
ENDORSEMENT# 10 (Continued)
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
III.
For the purpose of the coverage afforded by this Insuring Agreement, the following exclusions shall be added to the policy:
A. | loss resulting directly or indirectly from the assumption of liability by the Insured by contract unless the liability arises from a loss covered by the Computer Systems Insuring Agreement and would be imposed on the Insured regardless of the existence of the contract; |
B. | loss resulting directly or indirectly from negotiable instruments, securities, documents or other written instruments which bear a forged signature, or are counterfeit, altered or otherwise fraudulent and which are used as source documentation in the preparation of Electronic Data or manually keyed into a data terminal; |
C. | loss resulting directly or indirectly from |
1) | mechanical failure, faulty construction, error in design, latent defect, fire, wear or tear, gradual deterioration, electrical disturbance or electrical surge which affects a Computer System, or |
2) | failure or breakdown of electronic data processing media, or |
3) | error or omission in programming or processing; |
D. | loss resulting directly or indirectly from the input of Electronic Data into a Computer System terminal device either on the premises of a customer of the Insured or under the control of such a customer by a person who had authorized access to the customers authentication mechanism; |
E. | loss resulting directly from the theft of confidential information |
IV.
Solely with respect to the coverage afforded by this endorsement, all loss or series of losses involving the fraudulent acts of one individual, or involving fraudulent acts in which one individual is implicated, whether or not that individual is specifically identified, shall be
deemed to be one loss and shall be limited to the applicable Limit of Liability stated in Item 3 of the Declarations of this bond irrespective of the total amount of such loss or losses and shall not be cumulative in amounts from year to year or from period to period. A series of losses involving unidentified individuals but arising from the same method of operation shall be deemed to involve the same individual and in that event shall be treated as a one loss and shall be limited to the applicable Limit of Liability as described above.
MNSCPT | END 10 |
ENDORSEMENT# 10 (Continued)
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
V.
Solely with respect to the coverage afforded by this endorsement, Section 2. EXCLUSIONS (y) is deleted in its entirety.
ALL OTHER TERMS, CONDITIONS, AND EXCLUSIONS OF THE BOND REMAIN UNCHANGED
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
MNSCPT | END 10 |
ENDORSEMENT# 11
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
AMEND NAMED INSURED RIDER
In consideration of the premium charged, it is hereby understood and agreed the Named of Insured listed in Item 1. of the DECLARATIONS (Named Insured) shall also include any of the Series and/or Trusts set forth below (including any Funds that are managed or advised within said Series or Trust):
SERIES/TRUST
1. | NATIXIS FUNDS TRUST I |
2. | NATIXIS FUNDS TRUST II |
3. | NATIXIS FUNDS TRUST IV |
4. | NATIXIS CASH MANAGEMENT TRUST |
5. | GATEWAY TRUST |
6. | LOOMIS SAYLES FUNDS I |
7. | LOOMIS SAYLES FUNDS II |
ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
MNSCPT | END 11 |
ENDORSEMENT# 12
This endorsement, effective 12:01 AM December 15, 2015 forms a part of
policy number 02-840-18-45
issued to NATIXIS FUNDS, LOOMIS SAYLES FUNDS
by National Union Fire Insurance Company of Pittsburgh, Pa.
FORMS INDEX ENDORSEMENT
The contents of the Policy is comprised of the following forms:
EDITION | ||||
FORM NUMBER | DATE | FORM TITLE | ||
MNSCPT |
INVESTMENT COMPANY BLANKET BOND (DECLARATIONS) | |||
41206 09/84 |
INVESTMENT COMPANY BLANKET BOND
(GUTS) AMENDED FIDELITY AGREEMENT | |||
MNSCPT |
PROTECTED INFORMATION EXCLUSION | |||
MNSCPT |
AMEND DISCOVERY | |||
MNSCPT |
ECONOMIC SANCTIONS ENDORSEMENT | |||
89644 |
EMPLOYEE DISHONESTY | |||
06/13 |
||||
MNSCPT |
INDIRECT OR CONSEQUENTIAL LOSS EXCLUSION | |||
MNSCPT |
NOTICE OF CLAIM (REPORTING BY | |||
99758 08/08 |
E-MAIL) VALUATION OF PROPERTY
AMENDED | |||
MNSCPT |
AMENDED CONSOLIDATION, MERGER, OR PURCHASE OF ASSETS OR | |||
MNSCPT |
||||
MNSCPT |
COMPUTER SYSTEMS INSURING AGREEMENT | |||
MNSCPT |
(J) AMEND NAMED INSURED RIDER | |||
78859 |
FORMS INDEX ENDORSEMENT | |||
10/01 |
ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.
AUTHORIZED REPRESENTATIVE |
© All rights reserved. | ||||
END 012 | ||||
78859 (10/ 01) |
Page 1 of 1 |
|
DECLARATIONS EXCESS INSURANCE POLICY | |
ACCOUNT NUMBER
|
234664 | |
COVERAGE PROVIDED BY (hereafter Insurer) |
Continental Casualty Company | |
POLICY NUMBER
|
287195521 |
Item 1: NAMED ENTITY AND PRINCIPAL ADDRESS
|
PRODUCER | |||
Natixis Funds, Loomis Sayles Funds 399 Boylston Street Boston, MA 02116
|
Marsh USA Inc 99 High St Boston, MA 02110 | |||
Attn:
|
Jill Berube |
Item 2. |
Policy |
12/15/2015 To 12/15/2016
12:01 a.m. Standard Time at the Principal Address stated in Item 1. |
Item 3. Limit of Liability
$15,000,000 maximum aggregate Limit of Liability under the Policy | |||||||
Item 4. |
Schedule of Underlying Insurance: | |||||||||
A. Followed Policy |
Name of Carrier |
Policy No |
Limits |
Ded/Ret Amount | |||||||
National Union Fire Insurance Company of Pitts PA |
02-840-18-45 |
$15,000,000 |
$25,000 | |||||||
B. Underlying Excess Policies: | ||||||||||
Item 5. |
Policy Premium $35,540 |
Item 6. |
Notices of Claims: |
All other Notices: | ||||||||
CNA Claims Reporting P.O Box 8317 Chicago, IL 60680-8317 Email address: SpecialtyNewLoss@cna.com Fax Number: 866-773-7504 |
Open Brokerage Global Specialty Lines CNA Insurance Company 125 Broad Street 8th Floor New York, NY 10004 | |||||||||
Item 7. |
Endorsements forming a part of this Policy at inception: GSL22784XX Ed. 12/2010 Add Definition Of Single Loss (For Use With Excess Fidelity Bonds Only |
These Declarations, along with the completed and signed Application, the Policy, and any written endorsements attached thereto shall constitute the contract between the Insureds and the Insurer.
Authorized Representative: |
|
Date: January 21, 2016 |
G-22076-B(c) (ED. 06-10) |
1 | |||
© CNA All Rights Reserved. |
UNDERLYING EXCESS POLICY SCHEDULE
Name of Carrier | Policy No. | Limits | Excess of |
N/A
G-22076-B(c) (ED. 06-10) |
2 | |||
© CNA All Rights Reserved. |
EXCESS INSURANCE POLICY |
Words defined in the Followed Policy have the same meaning in this Policy even if not defined herein. In consideration of the payment of the premium and in reliance upon the applications submitted to the Insurer or any insurer of the Underlying Insurance, and any other material submitted in connection with such applications (all of which are deemed attached hereto and made a part hereof) the Insurer and the Insureds agree as follows:
I. FOLLOW FORM EXCESS COVERAGE
| ||
The Insurer shall provide coverage in accordance with all of the terms, conditions and limitations (including, but not limited to the exclusions and notice requirements) of the policy scheduled in Item 4.A. of the Declarations (hereafter Followed Policy) except as otherwise set forth herein. Coverage hereunder shall attach only after all of the aggregate Limits of Liability, as set forth in Item 4. of the Declarations have been exhausted through payment of covered loss under all policies scheduled in Item 4. of the Declarations (hereafter Underlying Insurance) by or on behalf of the insurers of such Underlying Insurance, or by or on behalf of the Insureds. The risk of uncollectibility of any Underlying Insurance (in whole or in part), whether because of financial impairment or insolvency of an underlying insurer or for any other reason, is expressly retained by the Insureds and is not insured by or assumed by the Insurer. |
II. LIMIT OF LIABILITY
| ||
The amount set forth in Item 3. of the Declarations shall be the maximum aggregate Limit of Liability of the Insurer for all loss under this Policy, regardless of the number of claims made against the Insureds or the time of payment and regardless of whether or not an extended reporting period applies. If the Limit of Liability under this Policy is exhausted by payment of loss, the Insurers obligations under this Policy shall be deemed completely fulfilled and extinguished. |
III. CHANGES TO UNDERLYING INSURANCE/DEPLETION OF SUB-LIMITS
| ||
If, subsequent to the inception date of this Policy, there is a change to any Underlying Insurance which expands coverage, then this Policy shall become subject to such change only if the Insurer agrees thereto by written endorsement to this Policy. If any loss under any Underlying Insurance is subject to a sub-limit, then this Policy provides no coverage excess of such Underlying Insurance sub-limit, but the Underlying Insurance shall be deemed depleted by payment of any such sub-limit. |
IV. INSURER RIGHTS/COOPERATION CLAUSE
| ||
The Insurer has the same rights and protections as has the insurer of the Followed Policy and has the right, but not the obligation, at its sole discretion, to elect to participate in the investigation, settlement, prosecution or defense of any claim reasonably likely to attach to and be covered under this Policy or any Underlying Insurance, even if the Underlying Insurance has not been exhausted. The Insureds shall cooperate with the Insurer in such investigation, settlement, prosecution or defense and shall do nothing that prejudices the Insurers position or rights of recovery. |
V. |
NOTICES
| |
Where notice is permitted or required by the Followed Policy, the Insureds have the same rights and obligations to notify the Insurer under this Policy, except that such notice shall be given to the Insurer at the applicable address specified in Item 6. of the Declarations. |
IN WITNESS WHEREOF, the Insurer has caused this Policy to be executed by its Chairman and Secretary, but this Policy shall not be binding upon us unless completed by the attachment of the Declarations:
Chairman |
Secretary | |
|
|
G-22075-B (Ed. 06-10) |
-1- | |||
© CNA All Rights Reserved. |
ADD DEFINITION OF SINGLE LOSS
(FOR USE WITH EXCESS FIDELITY BONDS ONLY)
In consideration of the premium paid for this Policy, it is hereby understood and agreed that the Policy is amended as follows:
1. | The Policy is amended to add the following new sections: |
| DEFENSE COSTS WITHIN LIMITS |
The Insurer, at its sole option and without any duty to do so, may elect to conduct the defense of any legal proceeding in whole or in part, brought to determine the Named Entitys liability for any loss, claim or damage, which, if established, would constitute covered loss under this Policy. The defense by the Insurer shall be in the Named Entitys name through attorneys selected by the Insurer. The Named Entity shall provide all reasonable information and assistance required by the Insurer for such defense.
If the Insurer elects to defend the Named Entity, in whole or in part, any judgment against the Named Entity on those counts or causes of action which the Insurer defended on behalf of the Named Entity or any settlement in which the Insurer participates and all attorneys fees, costs and expenses incurred by the Insurer in the defense of the litigation shall be a loss under this Policy.
| DEFINITIONS |
Single Loss shall have the same meaning as set forth in the Followed Policy; provided, however, if the Followed Policy does not define Single Loss, Single Loss shall mean all covered loss, including attorneys fees, costs and expenses incurred by the Insurer, as described in the section titled DEFENSE COSTS WITHIN LIMITS of this Endorsement, resulting from:
(a) | any one act or series of related acts of burglary, robbery or attempt thereat, in which no employee is implicated, or |
(b) | any one act or series of related unintentional or negligent acts or omissions on the part of any person whether an employee or not) resulting in damage to or destruction or misplacement of Property, or |
(c) | all acts or omissions other than those specified in (a) and (b) preceding, caused by any person (whether an employee or not) or in which such person is implicated, or |
(d) | any one casualty or event not specified in (a), (b) or (c) preceding. |
2. | Item 3. of the Declarations is deleted in its entirety and replaced with the following: |
Item 3. Limit of Liability:
a. | $15,000,000 Single Loss Limit of Liability |
b. | $30,000,000 maximum aggregate Limit of Liability under the Policy. |
3. | Section II. LIMIT OF LIABILITY is amended to add the following new paragraph: |
The amount set forth in Item 3b. of the Declarations shall be the maximum aggregate Limit of Liability of the Insurer for all loss under this Policy, regardless of the number of Claims made against the Named Entity or the time of payment. Subject always to the Insurers maximum Limit of Liability set forth in Item 3b. of the Declarations, the Insurers liability for each Single Loss shall not exceed the Single Loss Limit of Liability set
GSL22784XX (12-10) |
Policy No: | 287195521 | ||||||||
Page 1 |
Endorsement No: | 1 | ||||||||
Continental Casualty Company |
Effective Date: | 12/15/2015 | ||||||||
Insured Name: Natixis Funds, Loomis Sayles Funds |
© CNA All Rights Reserved.
forth in Item 3a. of the Declarations. The maximum aggregate Limit of Liability shall be reduced by any payment of loss under this Policy.
All other terms and conditions of the Policy remain unchanged.
This endorsement, which forms a part of and is for attachment to the Policy issued by the designated Insurers, takes effect on the effective date of said Policy at the hour stated in said Policy, unless another effective date is shown below, and expires concurrently with said Policy.
GSL22784XX (12-10) |
Policy No: | 287195521 |
||||||
Page 2 |
Endorsement No: | 1 |
||||||
Continental Casualty Company |
Effective Date: | 12/15/2015 |
||||||
Insured Name: Natixis Funds, Loomis Sayles Funds |
© CNA All Rights Reserved.
EFI 03 00 06 09
EXCESS FOLLOW-FORM BOND DECLARATIONS
THE POLICYS LIMIT OF LIABILITY WILL BE REDUCED BY CLAIM EXPENSES.
EVEREST REINSURANCE COMPANY
477 Martinsville Road
P.O. Box 830 Liberty Corner, NJ 07938-0830
BOND NUMBER: FL5FD00058-151 |
RENEWAL OF: FL5FD00058-141 | |||
PRODUCER NAME: |
Marsh USA Inc. | |||
ADDRESS: |
99 High Street Boston, MA 02110 |
IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL THE TERMS OF THIS BOND, THE INSURER AGREES TO PROVIDE THIS COVERAGE AS STATED IN THIS BOND.
ITEM 1. | NAMED INSURED: Natixis Funds, Loomis Sayles Funds | |||||
ADDRESS: | 399 Boylston Street | |||||
Boston, MA 02116 | ||||||
ITEM 2: | BOND PERIOD: FROM December 15, 2015 TO December 15, 2016 | |||||
12:01 A.M. LOCAL TIME AT THE ADDRESS OF THE NAMED INSURED SHOWN ABOVE. | ||||||
ITEM 3. | AGGREGATE LIMIT OF LIABILITY: | $10,000,000 | ||||
EXCESS OF: | $30,000,000 | |||||
ITEM 4. | SINGLE LOSS LIMIT OF LIABILITY: | $10,000,000 |
EFI 03 00 06 09 | Copyright Everest Reinsurance Company, 2009 | Page 1 of 4 | ¨ |
EFI 03 00 06 09
ITEM 5. |
UNDERLYING BOND (Includes all bonds listed under Paragraphs A. and B. below) |
A. PRIMARY BOND
Bond Issuer | Bond No. | Bond Period | Single Loss Limit | Aggregate Limit | ||||
National Union Fire Insurance Company of Pittsburg, Pa. |
02-840-18-45 | 12/15/15-12/15/16 | $15,000,000 | $15,000,000 |
B. UNDERLYING BOND
Bond Issuer | Bond No. | Bond Period | Single Loss Limit | Aggregate Limit | ||||
Continental Casualty Company |
287195521 | 12/15/15-12/15/16 | $15,000,000 | $15,000,000 |
C. TOTAL LIMITS OF ALL UNDERLYING BOND(S) (INCLUDING PRIMARY BOND):
ITEM 6. |
BOND PREMIUM: $22,655 | |||
ITEM 7. |
ENDORSMENTS APPLICABLE TO THIS BOND ON THE ORIGINAL DATE OF ISSUE: | |||
Endorsement |
Endorsement Number | |||
Reliance Upon other Bond Insurers Application | EFI 03 14 06 09 |
THESE DECLARATIONS, TOGETHER WITH THE EXCESS FOLLOW-FORM DECLARATIONS PAGE AND ANY ENDORSEMENT(S) AND THE APPLICATION, CONSTITUTE THE ABOVE NUMBERED BOND.
COUNTERSIGNED |
January 15, 2016 |
BY |
| |||
DATE |
AUTHORIZED REPRESENTATIVE |
EFI 03 00 06 09 | Copyright Everest Reinsurance Company, 2009 | Page 2 of 4 | ¨ |
EFI 03 00 06 09
EXCESS FOLLOW-FORM BOND
THE POLICYS LIMIT OF LIABILITY WILL BE REDUCED BY CLAIM EXPENSES.
PLEASE READ THE ENTIRE POLICY CAREFULLY.
Various provisions in this bond restrict coverage. Read the entire bond carefully to determine rights, duties and what is and is not covered.
Throughout this bond the words you and your refer to the Insureds. The words we, us and our refer to the Insurer providing this bond.
It is represented by the Insureds and it is agreed by and among the Insureds and us that the particulars and statements contained in the information furnished to us or to the issuers of any Underlying Bond in connection with underwriting this bond or any Underlying Bond, including statements made in the application and its attachments submitted herewith, are true and are the basis of this bond and are considered as incorporated into and constituting a part of this bond.
In consideration of the payment of premium and subject to all terms, definitions, conditions, exclusions, and limitations of this bond (including any endorsements hereto), the Insurer and the Insureds agree as follows:
SECTION I INSURING AGREEMENT
We will provide the Insured with coverage in excess of the Underlying Bond for loss covered during the Bond Period. It is expressly agreed that liability for any covered loss shall attach to us only after the issuers of the Underlying Bond have paid the full amounts of the applicable limits of insurance of the Underlying Bond, and any applicable retention under the Primary Bond has been satisfied. Except as otherwise provided in this bond, coverage under this bond shall apply in conformity with and subject to the warranties, limitations, conditions, provisions, and other terms of the Primary Bond.
SECTION II LIMIT OF LIABILITY
A. | Aggregate Limit of Liability |
The amount stated in Item 3. of the Declarations is our maximum Aggregate Limit of Liability under this bond for all covered loss, including all covered costs and expenses . The Aggregate Limit of Liability shall be reduced by the amount of any payment made by us under the terms of this bond. |
B. | Single Loss Limit of Liability |
Subject to the Aggregate Limit of Liability under Paragraph A. of this Section, our liability under this bond for each single loss shall not exceed the Single Loss Limit of Liability shown under Item 4. of the Declarations. |
SECTION III DEFINITIONS
A. Bond Period means the period of time identified under Item 2. of the Declarations.
B. Insured means the Named Insured and other entities and persons insured under the Primary Bond.
C. Named Insured means the entity or person designated under Item 1. of the Declarations.
D. Primary Bond means the bond designated under Item 5.A. of the Declarations.
E. Underlying Bond means all those bonds scheduled under Item 5.A. and Item 5.B. of the Declarations.
SECTION IV CONDITIONS
A. | Maintenance of Limit of Liability of Underlying Bond |
The Underlying Bond shall be maintained during the Bond Period in full force and effect, except for any reduction of the limits of liability of the Underlying Bond due to payment of loss. Failure to comply with this requirement will not invalidate this bond, but we will only be liable to the same extent that we would have been had you fully complied with this requirement. |
EFI 03 00 06 09 | Copyright Everest Reinsurance Company, 2009 | Page 3 of 4 | ¨ |
EFI 03 00 06 09
B. | Exhaustion of Limit of Liability of Underlying Bond |
This bond shall drop down only in the event of reduction or exhaustion of the limit(s) of liability of the Underlying Bond by reason of payment of covered loss under the Underlying Bond, and shall not drop down for any other reason including, but not limited to, uncollectibility (in whole or in part) of any Underlying Bond. The risk of uncollectibility of the Underlying Bond (in whole or in part) whether because of financial impairment or insolvency of an underlying insurer or for any other reason, is expressly retained by the Insureds and is not in any way or under any circumstances insured or assumed by us. |
Upon the exhaustion of all the limit(s) of liability of such Underlying Bond solely as a result of payment of loss thereunder, the remaining limits available under this bond shall, subject to the other terms, conditions and limitations of this bond, continue for subsequent losses as a primary bond and any single loss deductible amount specified in the Primary Bond shall be imposed under this bond as to each single loss; otherwise no single loss deductible amount shall be imposed under this bond. |
C. | Changes to Underlying Bond |
You must promptly notify us of any changes to the Underlying Bond which are made after its inception date. Any changes made to the Underlying Bond after its inception shall not affect the terms and conditions of this bond, which shall continue to apply as though no change had been made to the Underlying Bond. |
D. | Bond Cancellation |
1. | You may cancel this bond. You must mail or deliver advance written notice to us stating when the cancellation is to take effect. |
2. | We may cancel this bond. If we cancel because of non-payment of premium, we must mail or deliver to you not less than ten (10) days advance written notice stating when cancellation is to take effect. If we cancel for any other reason, we must mail or deliver to you not less than ninety (90) days advance written notice, stating when the cancellation is to take effect. Mailing that notice to you at your mailing address shown in the Declarations will be sufficient to prove notice. |
3. | The bond period will end on the day and hour stated in the cancellation notice. |
4. | If we cancel, earned premium will be calculated pro rata based on the time this bond was in force. |
5. | If you cancel, earned premium will be calculated based on short rate tables. |
6. | The first Named Insured in Item 1. of the Declarations shall act on behalf of all other Insureds with respect to the giving and receiving of notice of cancellation and the receipt of any refund that may become payable under this bond. |
7. | Any of the provisions that conflict with a law that controls the cancellation of this bond is changed by this statement to comply with that law. |
E. | Underlying Bond Cancellation |
This bond is canceled immediately upon the termination of any Underlying Bond scheduled in Item 5.A. and Item 5.B. of the Declarations, whether by you or the applicable issuers of any Underlying Bond. You must promptly notify us of the cancellation of the Underlying Bond. Such notice must be made when you send a notice of cancellation of the Underlying Bond to, or when you receive such notice from, the issuer of the Underlying Bond. |
F. | Notice of Loss |
As a condition precedent to coverage under this bond, you shall provide us with written notice of a loss under this bond or any Underlying Bond in the same manner required by the terms and conditions of the Primary Bond. |
You shall provide written notice as soon as practicable to the following address: |
Everest Reinsurance Company
477 Martinsville Road, P.O. Box 830
Liberty Corner, NJ 07938
G. | Claim Participation |
We shall have the right, but not the duty, and shall be given the opportunity to effectively associate with the Insureds in the investigation, settlement or defense of any claim or loss, even if the Underlying Bond has not been exhausted. The Insureds shall fully cooperate with us in connection with the investigation of any covered loss and the assertion of any claim for recovery of such loss, and shall provide to us all information and assistance reasonably requested by us. |
We shall maintain full and complete claims control as respects coverage under this bond for any loss, and no action by any other bond issuer shall bind us under this bond. |
EFI 03 00 06 09 | Copyright Everest Reinsurance Company, 2009 | Page 4 of 4 | ¨ |
This policy is signed by officers of the Company shown on the Declarations page of this policy.
For: Everest Reinsurance Company
EIL 00 522 03 11 |
© Everest Reinsurance Company, 2008 |
RELIANCE UPON OTHER BOND INSURERS APPLICATION RIDER
Parent Company: Natixis Funds, Loomis Sayles Funds, and Hansberger International Funds |
Endorsement No.: 1 | |
Policy No.: FL5FD00058-151 | Effective date of Endorsement: 12/15/15 |
Issuing Company: Everest Reinsurance Company
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
SCHEDULE
BOND APPLICATION: Investment Company Blanket Bond Application
COMPANY: National Union Fire Insurance Company of Pittsburgh, Pa.
DATE SIGNED:
The issuer of this Bond has relied upon the statements, representations and warranties contained in the above referenced Application as being accurate and complete. For purposes of this Bond, such Application includes all materials and information attached to, incorporated into or submitted to us in connection with such Application or our underwriting of this Bond or any other Bond of which this Bond is a direct or indirect renewal or replacement. All such statements, representations, warranties, materials and information shall be considered as incorporated into and constituting part of this Bond.
ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.
EFI 03 14 06 09 | © Everest Reinsurance Company, 2009 | Page 1 of 1 |
IL P 001 01 04
U.S. TREASURY DEPARTMENTS OFFICE OF FOREIGN
ASSETS CONTROL (OFAC)
ADVISORY NOTICE TO POLICYHOLDERS
No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided.
This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC. Please read this Notice carefully.
The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of national emergency. OFAC has identified and listed numerous:
● | Foreign agents; |
● | Front organizations; |
● | Terrorists; |
● | Terrorist organizations; and |
● | Narcotics traffickers; |
as Specially Designated Nationals and Blocked Persons. This list can be located on the United States Treasurys web site http//www.treas.gov/ofac.
In accordance with OFAC regulations, if it is determined that you or any other insured, or any person or entity claiming the benefits of this insurance has violated U.S. sanctions law or is a Specially Designated National and Blocked Person, as identified by OFAC, this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC. When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC. Other limitations on the premiums and payments also apply.
IL P 001 01 04 |
© ISO Properties, Inc., 2004 | Page 1 of 1 |
Everest National Insurance Company Everest Indemnity Insurance Company Everest Security Insurance Company Everest Reinsurance Company |
Claim Reporting Guidelines |
The Everest Claim Department is dedicated to providing prompt, thorough and professional claims service. Timely submission of Loss Notices complies with the terms and conditions of your policy and assists us in providing quality service to our policyholders.
The preferred method for notifying Everest of a claim would be via e-mail. However, Loss Notices may be submitted via mail, facsimile or e-mail. If immediate attention is needed, e-mail notification is strongly recommended.
By E-mail:
Claims E-mail: everestnationalnjclaim@everestre.com
By Mail:
Casualty Claims Department
Everest National Insurance Company
P.O. Box 830
477 Martinsville Road
Liberty Corner, NJ 07938
By Facsimile:
Fax Claims: (866) 283-4856
Consult Your Policy for Loss Reporting Requirements
Your policy identifies the information to be submitted with a First Notice of Loss. Additionally, the following information/documentation will always be helpful and often necessary in assisting us with our evaluation:
● | Citing Everests policy, or claim number, in all correspondence |
● | Providing a copy of any lawsuit, demand for arbitration or mediation, a governmental agency notice, claim letter or any similar notice |
● | Sending a copy of any internal reports related to the claim |
● | Copies of status reports prepared by your defense counsel and/or your claim handler |
Everest will acknowledge each First Notice of Loss, initiate contact with you, and will request any additional information that may be needed. Everest will identify the claim professional responsible for handling your reported loss and forward their specific contact information to you. If you become aware of any subsequent information that may impact your claim, you should immediately send it to your assigned claim professional.
If you have questions or would like to discuss a specific loss with one of our claim professionals, please feel free to contact us. Thank you.
This guideline is merely for illustrative purposes and does not purport to address every situation or circumstance that may arise. Notwithstanding any statements made herein, nothing contained in this guideline is intended to replace, modify or waive any terms, conditions or warranties contained in the policy. Everest expressly reserves and does not waive any of its rights and protections afforded under the policy.
Members of the Everest Re Group
PRODUCER Jill Berube Marsh USA, Inc. 99 High Street, 14th Floor Boston, MA 02110 | ||
Underwritten By BERKLEY REGIONAL INSURANCE COMPANY |
Administrative Office: |
Issuing Office: |
|||
475 Steamboat Road |
29 South Main Street, Suite 308 |
|||
Greenwich, CT 06830 |
West Hartford, CT 06107 |
BROKER DEALERS (FORM 14) EXCESS FOLLOW FORM CERTIFICATE
BOND NUMBER | BFBD-45002127-20 | PRIOR BOND NUMBER | BFI-71001598-14 | |||
NAMED INSURED | Natixis Funds, Loomis Sayles Funds | |||||
MAILING ADDRESS | 399 Boylston St | |||||
Boston, MA 02116 | ||||||
POLICY PERIOD | 12/15/2015 to 12/15/2016 | |||||
(12:01 A.M. at your Mailing Address shown above) |
TERMS AND CONDITIONS:
In consideration of the premium charged and in reliance upon the statements and information furnished to the COMPANY by the Insured and subject to the terms and conditions of the UNDERLYING COVERAGE scheduled below, the COMPANY agrees to pay the Insured, as excess and not contributing insurance, for loss which:
a) | would have been paid by the underlying Carrier(s) in the UNDERLYING COVERAGE scheduled below but for the fact that such loss exceeds the Limit of Liability of the underlying Carrier(s), and |
b) | for which the underlying Carrier(s) has made monetary payment and the Insured has collected the full monetary amount of the underlying Carriers expressed Limit of Liability. |
This bond does not provide coverage in excess of any sub-limited coverage in the underlying bond(s) which is below the underlying Carriers expressed Single Loss Limit of Liability in the UNDERLYING COVERAGE scheduled below.
LEAD CARRIER FOR LAYER: Berkley Regional Insurance Company | ||
SINGLE LOSS LIMIT OF LIABILITY: $11,000,000 excess of $40,000,000 plus deductible | ||
AGGREGATE LIMIT: |
$11,000,000 | |
|
||
UNDERLYING COVERAGE: |
||
Carrier: | National Union Fire Insurance Company of Pittsburgh, PA | |
Single Loss Limit of Liability: | $15,000,000 | |
Single Loss Deductible: | $25,000 | |
Aggregate Limit: | $15,000,000 | |
Bond Number: | ||
Bond Period: | 12/15/2015 to 12/15/2016 | |
Carrier: | Continental Casualty Company | |
Single Loss Limit of Liability: | $15,000,000 excess of $15,000,000 plus deductible | |
Aggregate Limit: | $15,000,000 | |
Bond Number: | ||
Bond Period: | 12/15/2015 to 12/15/2016 | |
Carrier: | Everest Reinsurance Company | |
Single Loss Limit of Liability: | $10,000,000 excess of $30,000,000 plus deductible | |
Aggregate Limit: | $10,000,000 | |
Bond Number: | ||
Bond Period:
|
12/15/2015 to 12/15/2016
|
BCR FIB XS 01 15 | Page 1 of 2 |
Forms and Riders Forming Part of this Bond When Issued: | ||
Form Number and Edition Date |
Description of Form or Rider: | |
BCR WDC 01 01 15 | Berkley Crime We Deliver Cover Page | |
BCR COV 01 01 15 | Berkley Crime Cover Letter | |
BCR FIB XS 01 15 | Financial Institution Excess Follow Form Certificate | |
BCR WDB 01 01 15 | Berkley Crime We Deliver Back Page |
Cancellation of Prior Insurance Issued by Us:
By acceptance of this Bond you give us notice canceling prior bond Numbers: BFI-71001598-14
the cancellation to be effective at the time this Bond becomes effective.
IN WITNESS WHEREOF, Berkley Regional Insurance Company designated herein has executed and attested these presents.
/s/ Ira S. Lederman |
/s/ W. Robert Berkley, Jr. |
| ||||
Ira S. Lederman | W. Robert Berkley, Jr. | |||||
Director, Senior Vice President and Secretary | Director and President |
BCR FIB XS 01 15 |
Page 2 of 2 |
CERTIFICATE
Natixis Funds Trust I
Natixis Funds Trust II
Natixis Funds Trust IV
Loomis Sayles Funds I
Loomis Sayles Funds II
Gateway Trust
(the Trusts)
I, Paula Gilligan, Assistant Secretary of the Trust, hereby certify that the following is a true copy of the resolution adopted by the Trustees of the Trust at a meeting held on November 20, 2015:
VOTED: | That, after considering all relevant factors, including, but not limited to, the value of the aggregate assets of the Fund to which any covered person may have access, the type and terms of the arrangements made for the custody and safekeeping of such assets, the number of other parties named as insureds and the sizes and nature of the businesses of such parties, the blanket bond issued by National Union Insurance Company providing fidelity bond protection of $51,000,000 for the series of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust (the Trusts) is hereby approved as being reasonable in form and amount, and that the Trusts participation in the bond with the other named insureds is hereby approved for the period December 15, 2015 to December 15, 2016. |
/s/ Paula Gilligan |
||||||
Paula Gilligan | ||||||
Assistant Secretary |
FIDELITY BOND ALLOCATION AGREEMENT
This Agreement is dated as of December 15, 2015 and is entered into by and among Natixis Funds Trust I (Trust I), Natixis Funds Trust II (Trust II), Natixis Funds Trust IV (Trust IV), Loomis Sayles Funds I (LSF I), Loomis Sayles Funds II (LSF II), and Gateway Trust (Gateway) each on behalf of its investment portfolios. Trust I, Trust II, Trust IV, LSF I, LSF II, and Gateway are referred to collectively as the Parties.
In order to obtain joint-insureds fidelity bond under one or more asset protection bonds (the Bond), and in consideration of the mutual agreements set forth below, the Parties agree as follows:
1. | The Bond. The parties agree to secure and maintain the Bond, which will ensure each Partys respective portfolios, directors/trustees, partners and officers, and may insure such Partys agents and employees (with each of such insureds being referred to as an Insured and any Party and such of its Insureds being referred to as a Party and its Insureds). |
2. | Definitions. As used in this Agreement, the following terms have the following meanings: |
(a) | Agent means Natixis Global Asset Management, L.P. or its successor, acting as agent for the Parties. |
(b) | Gross Coverage means the limit of liability under the Bond plus all deductibles applied to Insured Losses relating to the particular Bond Period. |
(c) | Insured Loss means a loss (including all related expenses) of an Insured that is covered under the Bond (including any endorsement thereof) or that would be so covered but for the exhaustion of the applicable limit of liability and any applicable deductible). |
(d) | Bond Period means the period from the initial effective date of the Bond through the next succeeding anniversary date or the period from any anniversary date subsequent to the initial effective date through the next succeeding anniversary date (or any modification of such period as may be agreed to by the parties and the Insurer). |
(e) | Proceeds means the insurance proceeds for all Insured Losses under the Bond relating to a particular Bond Period. |
3. | Allocation of Premiums. Except as otherwise provided below, the Bond premium for any period shall be allocated among the Parties insured during that period in proportion to their respective net assets. However, in the event that one or more Insureds claim Insured Losses, any increase in |
premium in subsequent Bond Periods due to such claims, as determined by the broker, shall be allocated among the Parties that made such claims in proportion to their respective net assets. |
4. | Allocation of Coverage. |
(a) | Coverage Sufficient for Insured Losses. If an Insured Loss is no greater than the Gross Coverage, the Proceeds for such Insured Loss shall be allocated among the Insureds according to their respective Insured Losses. |
(b) | Allocation of Limited Coverage. If an Insured Loss exceeds the Gross Coverage, the Proceeds for such Insured Loss shall be allocated among the respective Insureds who sustained such losses in proportion to the respective amounts of the Insured Losses of such Insureds. Each Party shall receive a share of the recovery at least equal to the amount of recovery it would have received under a single insured bond with the minimum amount coverage required for such bond under the Investment Company Act of 1940 and the regulations thereunder. |
5. | Notices. Each Insured agrees to promptly give the Insurer all notices required under the Bond. |
6. | Agent. The Agent is hereby appointed as the agent for the Insureds for the purposes of (a) seeking, negotiating and obtaining the Bond, (b) making, adjusting, receiving and enforcing payment of all claims under the bond and (c) otherwise dealing with the Insurer with respect to the Bond. All reasonable expenses incurred by the Agent in its capacity as agent for claims shall be shared by the Parties and their respective Insureds on whose behalf the expenses were incurred in proportion to their Insured Losses. |
7. | Notification of Agent. Each Party shall promptly notify the Agent in writing of any circumstance that may give rise to a claim by such Party or its Insureds under the Bond. |
8. | Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among the Parties. It shall terminate with respect to any Insured as of the date such Insured ceases to be an insured under the Bond; provided that such termination shall not affect the Insureds rights and obligations hereunder with respect to any claims or Insured Losses relating to a period when the Insured was insured under the Bond. |
9. | Further Assurances. Each party agrees to perform such further acts and execute such further documents as are necessary to effect the purposes hereof. |
IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date first written above.
Natixis Funds Trust I | ||
Natixis Funds Trust II | ||
Natixis Funds Trust IV | ||
Loomis Sayles Funds I | ||
Loomis Sayles Funds II | ||
Gateway Trust | ||
By: | /s/ Michael Kardok | |
Name: | Michael Kardok | |
Title: | Treasurer |
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end
?\ X%_]
MS%>2Z;>2_P#DBW;Z]^T"+MDNOA[\.VLA'\DMOX\U1+AI?(CQNCD\,LJ1BX\X
M<%CLV=#DTK0T][;??_Y'0KY6[+3_ #[_ ($[^*/C196+7FI_#_P%;1VMI-
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end