0001193125-20-178680.txt : 20200625 0001193125-20-178680.hdr.sgml : 20200625 20200625130414 ACCESSION NUMBER: 0001193125-20-178680 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20200625 DATE AS OF CHANGE: 20200625 EFFECTIVENESS DATE: 20200625 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: 20988320 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 S000023548 AlphaSimplex Global Alternatives Fund C000069269 Class A GAFAX C000069270 Class C GAFCX C000069271 Class Y GAFYX C000128763 Class N GAFNX C000188565 Class T GAFTX 497 1 d936936d497.htm NATIXIS FUNDS TRUST II Natixis Funds Trust II

Natixis Funds Trust II

Exhibit Index

 

Exhibit   

Exhibit Description

EX-101.INS   

XBRL Instance Document

EX-101.SCH   

XBRL Taxonomy Extension Schema Document

EX-101.CAL   

XBRL Taxonomy Extension Calculation Linkbase

EX-101.DEF   

XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB   

XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE   

XBRL Taxonomy Extension Presentation Linkbase

EX-101.INS 2 nftii-20200605.xml XBRL INSTANCE DOCUMENT 0000052136 2020-05-01 2020-05-01 0000052136 nftii:S000023548Member 2020-05-01 2020-05-01 2020-05-01 497 2019-12-31 Natixis Funds Trust II 0000052136 false 2020-06-05 2020-06-05 <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>NATIXIS FUNDS </b></p> <p style="margin-top:12pt; margin-bottom:0pt; " align="center">Supplement dated June&nbsp;5, 2020 to the Natixis Funds Prospectus and Summary Prospectus, each dated May&nbsp;1, 2020, as may be revised or supplemented from time to time </p> <p style="margin-top:12pt; margin-bottom:0pt; " align="center"><b>ALPHASIMPLEX GLOBAL ALTERNATIVES FUND </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>(the &#8220;Fund&#8221;) </b></p> <p style="margin-top:12pt; margin-bottom:0pt; ">Effective July&nbsp;1, 2020, the Fund&#8217;s Board of Trustees approved a proposal to reduce the management fee rate on assets below the first breakpoint ($2 billion) from 1.15% to 1.10% and on assets above the first breakpoint (over $2 billion) from 1.10% to 1.05%. AlphaSimplex Group, LLC has given a binding contractual undertaking to the Fund to limit the amount of the Fund&#8217;s total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund&#8217;s average daily net assets for Class&nbsp;A, C, N, T and Y shares, respectively, exclusive of acquired fund fees and expenses, brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, and organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April&nbsp;30, 2022. </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Accordingly, the Annual Fund Operating Expenses table and the Example table within the section &#8220;Fund Fees&nbsp;&amp; Expenses&#8221; are amended and restated as follows with respect to the Fund: </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Annual Fund Operating Expenses </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">(expenses that you pay each year as a percentage of the value of your investment) </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="100%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="76%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;A</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;C</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;N</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;T</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;Y</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management fees<sup>1</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Distribution and/or service (12b-1) fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.11</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%<sup>2</sup>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Acquired fund fees and expenses<sup>3</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total annual fund operating expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.62</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.37</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.31</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.62</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.37</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee waiver and/or expense reimbursement<sup>4,5</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.02</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total annual fund operating expenses after fee waiver and/or expense reimbursement</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.59</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.34</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.29</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.59</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.34</td> <td valign="bottom">%&nbsp;</td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>1</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">The Fund&#8217;s operating expenses have been restated to reflect a reduction in management fees, effective as of July&nbsp;1, 2020, as if such reduction had been in effect during the fiscal year ended December&nbsp;31, 2019. The information has been restated to better reflect anticipated expenses of the Fund. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>2</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">Other expenses are estimated for the current fiscal year. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>3</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">The expense information shown in the table above differs from the expense information disclosed in the Fund&#8217;s financial highlights table because the financial highlights table reflects the operating expenses of the Fund and does not include acquired fund fees and expenses. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>4</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left"> AlphaSimplex Group, LLC ("AlphaSimplex" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, Class C, Class N, Class T and Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>5</sup>&nbsp;</td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">Natixis Advisors, L.P. (&#8220;Natixis Advisors&#8221;) has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class&nbsp;N shares. This undertaking is in effect through April&nbsp;30, 2021 and may be terminated before then only with the consent of the Fund&#8217;s Board of Trustees. </div></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; "><b>Example </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waivers and/or reimbursements will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" > <div style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:0.00pt solid #000000; display:table-cell; "><b>If shares are redeemed:</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">727</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,052</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,401</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,382</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">337</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">734</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,260</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,702</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;N</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">131</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">412</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">715</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,576</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">408</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">743</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,104</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,119</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;Y</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">136</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">428</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">745</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,641</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="74%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" > <div style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:0.00pt solid #000000; display:table-cell; "><b>If shares are not redeemed:</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">237</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">734</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,260</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,702</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>NATIXIS FUNDS </b></p> <p style="margin-top:12pt; margin-bottom:0pt; " align="center">Supplement dated June&nbsp;5, 2020 to the Natixis Funds Prospectus and Summary Prospectus, each dated May&nbsp;1, 2020, as may be revised or supplemented from time to time </p> <p style="margin-top:12pt; margin-bottom:0pt; " align="center"><b>ALPHASIMPLEX GLOBAL ALTERNATIVES FUND </b></p> <p style="margin-top:0pt; margin-bottom:0pt; " align="center"><b>(the &#8220;Fund&#8221;) </b></p> <p style="margin-top:12pt; margin-bottom:0pt; ">Effective July&nbsp;1, 2020, the Fund&#8217;s Board of Trustees approved a proposal to reduce the management fee rate on assets below the first breakpoint ($2 billion) from 1.15% to 1.10% and on assets above the first breakpoint (over $2 billion) from 1.10% to 1.05%. AlphaSimplex Group, LLC has given a binding contractual undertaking to the Fund to limit the amount of the Fund&#8217;s total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund&#8217;s average daily net assets for Class&nbsp;A, C, N, T and Y shares, respectively, exclusive of acquired fund fees and expenses, brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, and organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April&nbsp;30, 2022. </p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Accordingly, the Annual Fund Operating Expenses table and the Example table within the section &#8220;Fund Fees&nbsp;&amp; Expenses&#8221; are amended and restated as follows with respect to the Fund: </b></p> <p style="margin-top:12pt; margin-bottom:0pt; "><b>Annual Fund Operating Expenses </b></p> <p style="margin-top:0pt; margin-bottom:0pt; ">(expenses that you pay each year as a percentage of the value of your investment) </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="100%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="76%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;A</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;C</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;N</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;T</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>Class&nbsp;Y</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Management fees<sup>1</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.10</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Distribution and/or service (12b-1) fees</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.25</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.00</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Other expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.11</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%<sup>2</sup>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.17</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Acquired fund fees and expenses<sup>3</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.10</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total annual fund operating expenses</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.62</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.37</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.31</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.62</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.37</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Fee waiver and/or expense reimbursement<sup>4,5</sup></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.02</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">0.03</td> <td valign="bottom">%&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Total annual fund operating expenses after fee waiver and/or expense reimbursement</div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.59</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">2.34</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.29</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.59</td> <td valign="bottom">%&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom" align="right">1.34</td> <td valign="bottom">%&nbsp;</td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>1</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">The Fund&#8217;s operating expenses have been restated to reflect a reduction in management fees, effective as of July&nbsp;1, 2020, as if such reduction had been in effect during the fiscal year ended December&nbsp;31, 2019. The information has been restated to better reflect anticipated expenses of the Fund. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>2</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">Other expenses are estimated for the current fiscal year. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>3</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">The expense information shown in the table above differs from the expense information disclosed in the Fund&#8217;s financial highlights table because the financial highlights table reflects the operating expenses of the Fund and does not include acquired fund fees and expenses. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>4</sup></td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left"> AlphaSimplex Group, LLC ("AlphaSimplex" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, Class C, Class N, Class T and Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed. </div></td></tr></table> <table style="border-collapse:collapse; " border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="2%" valign="top" align="left"><sup>5</sup>&nbsp;</td> <td align="left" valign="top"> <div style=" margin-top:0pt ; margin-bottom:0pt; " align="left">Natixis Advisors, L.P. (&#8220;Natixis Advisors&#8221;) has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class&nbsp;N shares. This undertaking is in effect through April&nbsp;30, 2021 and may be terminated before then only with the consent of the Fund&#8217;s Board of Trustees. </div></td></tr></table> <p style="margin-top:18pt; margin-bottom:0pt; "><b>Example </b></p> <p style="margin-top:6pt; margin-bottom:0pt; ">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waivers and/or reimbursements will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </p> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; " align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom" > <div style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:0.00pt solid #000000; display:table-cell; "><b>If shares are redeemed:</b></div></td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td colspan="2" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;A</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">727</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,052</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,401</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,382</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">337</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">734</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,260</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,702</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;N</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">131</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">412</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">715</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,576</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;T</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">408</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">743</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,104</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,119</td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;Y</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">136</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">428</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">745</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,641</td> <td valign="bottom">&nbsp;</td></tr> </table> <p style="margin-top:0pt;margin-bottom:0pt">&nbsp;</p> <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; 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"> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>1&nbsp;year</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>3&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>5&nbsp;years</b></td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1.00pt solid #000000"><b>10&nbsp;years</b></td> <td valign="bottom">&nbsp;</td></tr> <tr style="page-break-inside:avoid ; "> <td valign="top"> <p style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; ">Class&nbsp;C</p> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">237</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">734</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,260</td> <td valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,702</td> <td valign="bottom">&nbsp;</td></tr> </table> N-1A EX-101.SCH 3 nftii-20200605.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Supplement {Unlabeled} - AlphaSimplex Global Alternatives Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - AlphaSimplex Global Alternatives Fund link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 nftii-20200605_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 nftii-20200605_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 6 nftii-20200605_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; 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May 01, 2020

NATIXIS FUNDS

Supplement dated June 5, 2020 to the Natixis Funds Prospectus and Summary Prospectus, each dated May 1, 2020, as may be revised or supplemented from time to time

ALPHASIMPLEX GLOBAL ALTERNATIVES FUND

(the “Fund”)

Effective July 1, 2020, the Fund’s Board of Trustees approved a proposal to reduce the management fee rate on assets below the first breakpoint ($2 billion) from 1.15% to 1.10% and on assets above the first breakpoint (over $2 billion) from 1.10% to 1.05%. AlphaSimplex Group, LLC has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund’s average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of acquired fund fees and expenses, brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, and organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022.

Accordingly, the Annual Fund Operating Expenses table and the Example table within the section “Fund Fees & Expenses” are amended and restated as follows with respect to the Fund:

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

 

     Class A     Class C     Class N     Class T     Class Y  
Management fees1
     1.10     1.10     1.10     1.10     1.10
Distribution and/or service (12b-1) fees
     0.25     1.00     0.00     0.25     0.00
Other expenses
     0.17     0.17     0.11     0.17 %2      0.17
Acquired fund fees and expenses3
     0.10     0.10     0.10     0.10     0.10
Total annual fund operating expenses
     1.62     2.37     1.31     1.62     1.37
Fee waiver and/or expense reimbursement4,5
     0.03     0.03     0.02     0.03     0.03
Total annual fund operating expenses after fee waiver and/or expense reimbursement
     1.59     2.34     1.29     1.59     1.34

 

1
The Fund’s operating expenses have been restated to reflect a reduction in management fees, effective as of July 1, 2020, as if such reduction had been in effect during the fiscal year ended December 31, 2019. The information has been restated to better reflect anticipated expenses of the Fund.
2
Other expenses are estimated for the current fiscal year.
3
The expense information shown in the table above differs from the expense information disclosed in the Fund’s financial highlights table because the financial highlights table reflects the operating expenses of the Fund and does not include acquired fund fees and expenses.
4
AlphaSimplex Group, LLC ("AlphaSimplex" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, Class C, Class N, Class T and Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed.
5 
Natixis Advisors, L.P. (“Natixis Advisors”) has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through April 30, 2021 and may be terminated before then only with the consent of the Fund’s Board of Trustees.

Example

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waivers and/or reimbursements will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

If shares are redeemed:
                           
     1 year      3 years      5 years      10 years  

Class A

   $ 727      $ 1,052      $ 1,401      $ 2,382  

Class C

   $ 337      $ 734      $ 1,260      $ 2,702  

Class N

   $ 131      $ 412      $ 715      $ 1,576  

Class T

   $ 408      $ 743      $ 1,104      $ 2,119  

Class Y

   $ 136      $ 428      $ 745      $ 1,641  

 

If shares are not redeemed:
                           
     1 year      3 years      5 years      10 years  

Class C

   $ 237      $ 734      $ 1,260      $ 2,702  
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName Natixis Funds Trust II
Prospectus Date rr_ProspectusDate May 01, 2020
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

NATIXIS FUNDS

Supplement dated June 5, 2020 to the Natixis Funds Prospectus and Summary Prospectus, each dated May 1, 2020, as may be revised or supplemented from time to time

ALPHASIMPLEX GLOBAL ALTERNATIVES FUND

(the “Fund”)

Effective July 1, 2020, the Fund’s Board of Trustees approved a proposal to reduce the management fee rate on assets below the first breakpoint ($2 billion) from 1.15% to 1.10% and on assets above the first breakpoint (over $2 billion) from 1.10% to 1.05%. AlphaSimplex Group, LLC has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund’s average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of acquired fund fees and expenses, brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, and organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022.

Accordingly, the Annual Fund Operating Expenses table and the Example table within the section “Fund Fees & Expenses” are amended and restated as follows with respect to the Fund:

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

 

     Class A     Class C     Class N     Class T     Class Y  
Management fees1
     1.10     1.10     1.10     1.10     1.10
Distribution and/or service (12b-1) fees
     0.25     1.00     0.00     0.25     0.00
Other expenses
     0.17     0.17     0.11     0.17 %2      0.17
Acquired fund fees and expenses3
     0.10     0.10     0.10     0.10     0.10
Total annual fund operating expenses
     1.62     2.37     1.31     1.62     1.37
Fee waiver and/or expense reimbursement4,5
     0.03     0.03     0.02     0.03     0.03
Total annual fund operating expenses after fee waiver and/or expense reimbursement
     1.59     2.34     1.29     1.59     1.34

 

1
The Fund’s operating expenses have been restated to reflect a reduction in management fees, effective as of July 1, 2020, as if such reduction had been in effect during the fiscal year ended December 31, 2019. The information has been restated to better reflect anticipated expenses of the Fund.
2
Other expenses are estimated for the current fiscal year.
3
The expense information shown in the table above differs from the expense information disclosed in the Fund’s financial highlights table because the financial highlights table reflects the operating expenses of the Fund and does not include acquired fund fees and expenses.
4
AlphaSimplex Group, LLC ("AlphaSimplex" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, Class C, Class N, Class T and Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed.
5 
Natixis Advisors, L.P. (“Natixis Advisors”) has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through April 30, 2021 and may be terminated before then only with the consent of the Fund’s Board of Trustees.

Example

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waivers and/or reimbursements will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

If shares are redeemed:
                           
     1 year      3 years      5 years      10 years  

Class A

   $ 727      $ 1,052      $ 1,401      $ 2,382  

Class C

   $ 337      $ 734      $ 1,260      $ 2,702  

Class N

   $ 131      $ 412      $ 715      $ 1,576  

Class T

   $ 408      $ 743      $ 1,104      $ 2,119  

Class Y

   $ 136      $ 428      $ 745      $ 1,641  

 

If shares are not redeemed:
                           
     1 year      3 years      5 years      10 years  

Class C

   $ 237      $ 734      $ 1,260      $ 2,702  
AlphaSimplex Global Alternatives Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

NATIXIS FUNDS

Supplement dated June 5, 2020 to the Natixis Funds Prospectus and Summary Prospectus, each dated May 1, 2020, as may be revised or supplemented from time to time

ALPHASIMPLEX GLOBAL ALTERNATIVES FUND

(the “Fund”)

Effective July 1, 2020, the Fund’s Board of Trustees approved a proposal to reduce the management fee rate on assets below the first breakpoint ($2 billion) from 1.15% to 1.10% and on assets above the first breakpoint (over $2 billion) from 1.10% to 1.05%. AlphaSimplex Group, LLC has given a binding contractual undertaking to the Fund to limit the amount of the Fund’s total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund’s average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of acquired fund fees and expenses, brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, and organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022.

Accordingly, the Annual Fund Operating Expenses table and the Example table within the section “Fund Fees & Expenses” are amended and restated as follows with respect to the Fund:

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

 

     Class A     Class C     Class N     Class T     Class Y  
Management fees1
     1.10     1.10     1.10     1.10     1.10
Distribution and/or service (12b-1) fees
     0.25     1.00     0.00     0.25     0.00
Other expenses
     0.17     0.17     0.11     0.17 %2      0.17
Acquired fund fees and expenses3
     0.10     0.10     0.10     0.10     0.10
Total annual fund operating expenses
     1.62     2.37     1.31     1.62     1.37
Fee waiver and/or expense reimbursement4,5
     0.03     0.03     0.02     0.03     0.03
Total annual fund operating expenses after fee waiver and/or expense reimbursement
     1.59     2.34     1.29     1.59     1.34

 

1
The Fund’s operating expenses have been restated to reflect a reduction in management fees, effective as of July 1, 2020, as if such reduction had been in effect during the fiscal year ended December 31, 2019. The information has been restated to better reflect anticipated expenses of the Fund.
2
Other expenses are estimated for the current fiscal year.
3
The expense information shown in the table above differs from the expense information disclosed in the Fund’s financial highlights table because the financial highlights table reflects the operating expenses of the Fund and does not include acquired fund fees and expenses.
4
AlphaSimplex Group, LLC ("AlphaSimplex" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.49%, 2.24%, 1.19%, 1.49% and 1.24% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, substitute dividend expenses on securities sold short, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through April 30, 2022 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, Class C, Class N, Class T and Class Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fee/expense was waived/reimbursed.
5 
Natixis Advisors, L.P. (“Natixis Advisors”) has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through April 30, 2021 and may be terminated before then only with the consent of the Fund’s Board of Trustees.

Example

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waivers and/or reimbursements will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

If shares are redeemed:
                           
     1 year      3 years      5 years      10 years  

Class A

   $ 727      $ 1,052      $ 1,401      $ 2,382  

Class C

   $ 337      $ 734      $ 1,260      $ 2,702  

Class N

   $ 131      $ 412      $ 715      $ 1,576  

Class T

   $ 408      $ 743      $ 1,104      $ 2,119  

Class Y

   $ 136      $ 428      $ 745      $ 1,641  

 

If shares are not redeemed:
                           
     1 year      3 years      5 years      10 years  

Class C

   $ 237      $ 734      $ 1,260      $ 2,702