0001193125-17-381500.txt : 20171228 0001193125-17-381500.hdr.sgml : 20171228 20171228154955 ACCESSION NUMBER: 0001193125-17-381500 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171228 DATE AS OF CHANGE: 20171228 EFFECTIVENESS DATE: 20171228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Natixis Funds Trust II CENTRAL INDEX KEY: 0000052136 IRS NUMBER: 041990692 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11101 FILM NUMBER: 171278384 BUSINESS ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 800-283-1155 MAIL ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: IXIS Advisor Funds Trust II DATE OF NAME CHANGE: 20050502 FORMER COMPANY: FORMER CONFORMED NAME: CDC NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20000202 0000052136 S000008033 Natixis Oakmark Fund C000021802 Class A NEFOX C000021804 Class C NECOX C000021805 Class Y NEOYX C000188564 Class T NOKTX C000190720 Class N NOANX 0000052136 S000023548 ASG Global Alternatives Fund C000069269 Class A GAFAX C000069270 Class C GAFCX C000069271 Class Y GAFYX C000128763 Class N GAFNX C000188565 Class T GAFTX 0000052136 S000023783 Vaughan Nelson Value Opportunity Fund C000069913 Class A VNVAX C000069914 Class C VNVCX C000069915 Class Y VNVYX C000128764 Class N VNVNX C000188566 Class T VNVTX 0000052136 S000029564 ASG Managed Futures Strategy Fund C000090725 Class A AMFAX C000090726 Class C ASFCX C000090727 Class Y ASFYX C000188567 Class T MFSTX C000190721 Class N AMFNX 0000052136 S000030600 Loomis Sayles Strategic Alpha Fund C000094853 Class A LABAX C000094854 Class C LABCX C000094855 Class Y LASYX C000188568 Class T LSATX C000190722 Class N LASNX 0000052136 S000034097 Loomis Sayles Senior Floating Rate and Fixed Income Fund C000105118 Class A LSFAX C000105119 Class C LSFCX C000105120 Class Y LSFYX C000188118 Class N LSFNX C000188119 Class T LSFTX 0000052136 S000036453 Loomis Sayles Dividend Income Fund C000111612 Class A LSCAX C000111613 Class C LSCCX C000111614 Class Y LSCYX C000181966 Class N LDINX C000181967 Class T LSCTX 0000052136 S000037523 Vaughan Nelson Select Fund C000115831 Class A VNSAX C000115832 Class C VNSCX C000115833 Class Y VNSYX C000188120 Class N VNSNX C000188121 Class T VNSTX 0000052136 S000039535 McDonnell Intermediate Municipal Bond Fund C000121922 Class A MIMAX C000121923 Class C MIMCX C000121924 Class Y MIMYX C000188569 Class T MIMTX 0000052136 S000042166 ASG Tactical U.S. Market Fund C000130927 Class A USMAX C000130928 Class C USMCX C000130929 Class Y USMYX C000188570 Class T USTMX 0000052136 S000051707 ASG Dynamic Allocation Fund C000162711 Class A DAAFX C000162712 Class C DACFX C000162713 Class Y DAYFX C000188571 Class T DAATX 0000052136 S000053353 Loomis Sayles Global Growth Fund C000167848 Class A LSAGX C000167849 Class C LSCGX C000167850 Class Y LSGGX C000188122 Class N LSNGX C000188123 Class T LGGTX 497 1 d508871d497.htm NATIXIS FUNDS TRUST II Natixis Funds Trust II

NATIXIS FUNDS

LOOMIS SAYLES FUNDS

NATIXIS ETFs

Supplement dated December 28, 2017 to the Loomis Sayles Funds Statements of Additional Information, dated February 1, 2017, the Natixis Funds Statements of Additional Information, dated February 28, 2017, March 31, 2017 and May 1, 2017, and the Natixis ETFs Statements of Additional Information, dated May 1, 2017 and December 26, 2017, as may be revised or supplemented from time to time, for the following funds:

 

AEW Real Estate Fund    Loomis Sayles Small Cap Growth Fund
ASG Dynamic Allocation Fund    Loomis Sayles Small/Mid Cap Growth Fund
ASG Global Alternatives Fund    Loomis Sayles Small Cap Value Fund
ASG Managed Futures Strategy Fund    Loomis Sayles Strategic Alpha Fund
ASG Tactical U.S. Market Fund    Loomis Sayles Strategic Income Fund
Gateway Fund    Loomis Sayles Value Fund
Gateway Equity Call Premium Fund    McDonnell Intermediate Municipal Bond Fund
Loomis Sayles Bond Fund    Mirova Global Green Bond Fund
Loomis Sayles Core Disciplined Alpha Bond Fund    Mirova Global Sustainable Equity Fund
Loomis Sayles Core Plus Bond Fund    Natixis Loomis Sayles Short Duration Income ETF
Loomis Sayles Dividend Income Fund    Natixis Oakmark Fund
Loomis Sayles Fixed Income Fund    Natixis Oakmark International Fund
Loomis Sayles Global Bond Fund    Natixis Seeyond International Minimum Volatility ETF
Loomis Sayles Global Allocation Fund    Natixis Sustainable Future 2015 Fund
Loomis Sayles Global Growth Fund    Natixis Sustainable Future 2020 Fund
Loomis Sayles Growth Fund    Natixis Sustainable Future 2025 Fund
Loomis Sayles High Income Fund    Natixis Sustainable Future 2030 Fund
Loomis Sayles High Income Opportunities Fund    Natixis Sustainable Future 2035 Fund
Loomis Sayles Inflation Protected Securities Fund    Natixis Sustainable Future 2040 Fund
Loomis Sayles Institutional High Income Fund    Natixis Sustainable Future 2045 Fund
Loomis Sayles Intermediate Duration Bond Fund    Natixis Sustainable Future 2050 Fund
Loomis Sayles Investment Grade Bond Fund    Natixis Sustainable Future 2055 Fund
Loomis Sayles Investment Grade Fixed Income Fund    Natixis Sustainable Future 2060 Fund
Loomis Sayles Limited Term Government and Agency Fund    Natixis U.S. Equity Opportunities Fund
Loomis Sayles Multi-Asset Income Fund    Vaughan Nelson Select Fund
Loomis Sayles Securitized Asset Fund    Vaughan Nelson Small Cap Value Fund
Loomis Sayles Senior Floating Rate and Fixed Income Fund    Vaughan Nelson Value Opportunity Fund

Effective January 1, 2018, Sandra O. Moose has retired from the Board of Trustees. Accordingly, effective January 1, 2018, all references to Ms. Moose and corresponding disclosure related to Ms. Moose are hereby removed from the Statements of Additional Information.

Effective January 1, 2018, Martin T. Meehan has resigned from the Contract Review Committee and has been appointed to the Audit Committee and Edmond J. English has been appointed to the Governance Committee.

Accordingly, effective January 1, 2018, the list of the members of the Audit Committee, Contract Review Committee and Governance Committee in the sub-section “Leadership and Structure of the Board” within the section “Management of the Trust(s)” in the Statements of Additional Information is hereby replaced with the following:

 

Audit Committee    Contract Review Committee    Governance Committee

Erik R. Sirri – Chairperson

   

Peter J. Smail – Chairperson

   

Cynthia L. Walker – Chairperson

Edmond J. English

   

Wendell J. Knox

   

Edmond J. English

Richard A. Goglia

   

Maureen B. Mitchell

   

Wendell J. Knox

Martin T. Meehan

   

James P. Palermo

   

Peter J. Smail

Cynthia L. Walker

      

As Chairperson of the Board, Mr. Drucker is an ex officio member of each Committee.

Effective January 1, 2018, the second paragraph in the sub-section “Trustee Fees” within the section “Management of the Trust(s)” in the Statements of Additional Information is hereby replaced with the following:

The Chairperson of the Board receives a retainer fee at the annual rate of $340,000. The Chairperson does not receive any meeting attendance fees for Board meetings or committee meetings that he attends. Each Trustee who is not an employee, officer or director of Natixis Advisors, the Distributor or their affiliates (other than the Chairperson) receives, in the aggregate, a retainer fee at the annual rate of $170,000. Each Trustee who is not an employee, officer or director of Natixis Advisors, the Distributor or their affiliates also receives a meeting attendance fee of $10,000 for each meeting of the Board that he or she attends in person and $5,000 for each meeting of the Board that he or she attends telephonically. In addition, the Chairperson of the Audit Committee and the Chairperson of the Contract Review Committee each receive an additional retainer fee at an annual rate of $20,000. The Chairperson of the Governance Committee receives an additional retainer fee at an annual rate of $12,000. Each Contract Review Committee and Audit Committee member is compensated $6,000 for each committee meeting that he or she attends in person and $3,000 for each committee meeting that he or she attends telephonically. These fees are allocated among the funds in the Natixis Funds Trusts, Loomis Sayles Funds Trusts, Gateway Trust and Natixis ETF Trust based on a formula that takes into account, among other factors, the relative net assets of each mutual fund portfolio. Trustees are reimbursed for travel expenses in connection with attendance at meetings.

AEW Real Estate Fund    Loomis Sayles Senior Floating Rate and Fixed Income Fund
ASG Dynamic Allocation Fund    Loomis Sayles Small Cap Growth Fund
ASG Global Alternatives Fund    Loomis Sayles Small/Mid Cap Growth Fund
ASG Managed Futures Strategy Fund    Loomis Sayles Small Cap Value Fund
ASG Tactical U.S. Market Fund    Loomis Sayles Strategic Alpha Fund
Gateway Fund    Loomis Sayles Strategic Income Fund
Gateway Equity Call Premium Fund    Loomis Sayles Value Fund
Loomis Sayles Bond Fund    McDonnell Intermediate Municipal Bond Fund
Loomis Sayles Core Disciplined Alpha Bond Fund    Mirova Global Green Bond Fund
Loomis Sayles Core Plus Bond Fund    Mirova Global Sustainable Equity Fund
Loomis Sayles Dividend Income Fund    Natixis Oakmark Fund
Loomis Sayles Fixed Income Fund    Natixis Oakmark International Fund
Loomis Sayles Global Bond Fund    Natixis Sustainable Future 2015 Fund
Loomis Sayles Global Allocation Fund    Natixis Sustainable Future 2020 Fund
Loomis Sayles Global Growth Fund    Natixis Sustainable Future 2025 Fund
Loomis Sayles Growth Fund    Natixis Sustainable Future 2030 Fund
Loomis Sayles High Income Fund    Natixis Sustainable Future 2035 Fund
Loomis Sayles High Income Opportunities Fund    Natixis Sustainable Future 2040 Fund
Loomis Sayles Inflation Protected Securities Fund    Natixis Sustainable Future 2045 Fund
Loomis Sayles Institutional High Income Fund    Natixis Sustainable Future 2050 Fund
Loomis Sayles Intermediate Duration Bond Fund    Natixis Sustainable Future 2055 Fund
Loomis Sayles Investment Grade Bond Fund    Natixis Sustainable Future 2060 Fund
Loomis Sayles Investment Grade Fixed Income Fund    Natixis U.S. Equity Opportunities Fund
Loomis Sayles Limited Term Government and Agency Fund    Vaughan Nelson Select Fund
Loomis Sayles Multi-Asset Income Fund    Vaughan Nelson Small Cap Value Fund
Loomis Sayles Securitized Asset Fund    Vaughan Nelson Value Opportunity Fund

Effective January 1, 2018, Boston Financial Data Services, Inc. is changing its name to DST Asset Manager Solutions, Inc. Accordingly, effective January 1, 2018, all references to Boston Financial Data Services, Inc. in the Statements of Additional Information are hereby replaced with DST Asset Manager Solutions, Inc.

LOOMIS SAYLES GLOBAL BOND FUND

Effective January 1, 2018, the following paragraphs are added to the end of the sub-section “Foreign Securities,” within the section “Type of Securities” in the Statement of Additional Information:

Investing through Bond Connect

In addition to the risks described under “Emerging Markets”, there are risks associated with a Fund’s investment in Chinese government bonds and other mainland China-based debt instruments traded on the China Interbank Bond Market through the Bond Connect program, or on such other trading platforms in China which participate in Bond Connect from time to time or in the future. Trading through Bond Connect is subject to a number of restrictions that may affect a Fund’s investments and returns. Investments made through Bond Connect are subject to order, clearance and settlement procedures that are relatively untested in China, which could pose risks to a Fund. Furthermore, securities purchased via Bond Connect will be held via a book entry omnibus account in the name of the Hong Kong Monetary Authority Central Money Markets Unit (“CMU”) maintained with a China-based custodian (either the China Central Depository & Clearing Co. (“CDCC”) or the Shanghai Clearing House (“SCH”)). A Fund’s ownership interest in Bond Connect securities will not be reflected directly in book entry with CSDCC or

SCH and will instead only be reflected on the books of its Hong Kong sub-custodian. Therefore, a Fund’s ability to enforce rights as a bondholder may depend on CMU’s ability or willingness as record-holder of Bond Connect securities to enforce a Fund’s rights as a bondholder. Additionally, the omnibus manner in which the securities are held could expose a Fund to the credit risk of its Hong Kong sub-custodian. While the ultimate investors hold a beneficial interest in Bond Connect securities, the mechanisms that beneficial owners may use to enforce their rights are untested. In addition, courts in China have limited experience in applying the concept of beneficial ownership. Moreover, securities purchased through Bond Connect generally may not be sold, purchased or otherwise transferred other than through Bond Connect in accordance with applicable rules.

A primary feature of Bond Connect is the application of the home market’s laws and rules applicable to investors in Chinese fixed-income instruments. Therefore, a Fund’s investments via Bond Connect are generally subject to Chinese securities regulations and listing rules, among other restrictions. A Fund will not benefit from access to Hong Kong investor compensation funds, which are set up to protect against defaults of trades, when investing through Bond Connect. Bond Connect is only available on days when markets in both China and Hong Kong are open, which may limit a Fund’s ability to trade when it would be otherwise attractive to do so. Finally, uncertainties in China tax rules governing taxation of income and gains from investments via Bond Connect could result in unexpected tax liabilities for a Fund. The withholding tax treatment of dividends and capital gains payable to overseas investors currently is unsettled.

The Bond Connect program is a new program and may be subject to further interpretation and guidance. There can be no assurance as to the program’s continued existence or whether future developments regarding the program may restrict or adversely affect a Fund’s investments or returns. In addition, the application and interpretation of the laws and regulations of Hong Kong and China, and the rules, policies or guidelines published or applied by relevant regulators and exchanges in respect of the Bond Connect program are uncertain, and they may have a detrimental effect on a Fund’s investments and returns.