-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N9fann3aojn6CFn97Olfc2iLp8l2ipOYIPCYfdS6alWHkSoOa2tBDelZqhVE+j5D tiNOtXBwLDP8bxnr9XcwjQ== 0001127563-04-000075.txt : 20040503 0001127563-04-000075.hdr.sgml : 20040503 20040503150755 ACCESSION NUMBER: 0001127563-04-000075 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040503 EFFECTIVENESS DATE: 20040503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOOMIS SAYLES FUNDS II CENTRAL INDEX KEY: 0000872649 IRS NUMBER: 043113285 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-39133 FILM NUMBER: 04773271 BUSINESS ADDRESS: STREET 1: 399 BOYLSTON STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 8003997788 MAIL ADDRESS: STREET 1: 399 BOYLSTON STREET CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: LOOMIS SAYLES FUNDS I DATE OF NAME CHANGE: 20031119 FORMER COMPANY: FORMER CONFORMED NAME: LOOMIS SAYLES FUNDS DATE OF NAME CHANGE: 20031015 FORMER COMPANY: FORMER CONFORMED NAME: LOOMIS SAYLES FUNDS II DATE OF NAME CHANGE: 20030718 497 1 loomiscombfiles.txt REDFEEINC,REDFEEEQTY,SP223,SP224,SAIII CDC NVEST INCOME FUNDS Supplement dated May 1, 2004 to CDC Nvest Income Funds Classes A, B and C Prospectus and CDC Nvest Income Funds Class Y Prospectus, each dated February 1, 2004, each as may be supplemented from time to time (the "Prospectuses") EFFECTIVE MAY 1, 2004, THE TABLE IN THE SECTION ENTITLED "SHAREHOLDER FEES" WITHIN THE SECTION ENTITLED "FUND FEES & EXPENSES" IS REVISED TO REFLECT THE ADDITION OF A REDEMPTION FEE FOR CERTAIN FUNDS. (fees paid directly from your investment)
- ------------------------------------------------ -------------------- ------------------- ------------------- ALL FUNDS EXCEPT LIMITED TERM ALL FUNDS LIMITED TERM GOVERNMENT AND GOVERNMENT AND AGENCY FUND AGENCY FUND - ------------------------------------------------ -------------------- ------------------- ------------------- - ------------------------------------------------ -------------------- ------------------- ------------------- CLASS A CLASS A CLASS Y - ------------------------------------------------ -------------------- ------------------- ------------------- - ------------------------------------------------ -------------------- ------------------- ------------------- Maximum sales charge (load) imposed on 4.50% purchases (as a percentage of offering price)(1)(2) 3.00% None - ------------------------------------------------ -------------------- ------------------- ------------------- - ------------------------------------------------ -------------------- ------------------- ------------------- Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable)(2) (3) (3) None - ------------------------------------------------ -------------------- ------------------- ------------------- - ------------------------------------------------ -------------------- ------------------- ------------------- Redemption fees (Loomis Sayles Strategic 2% of redemption 2% of redemption Income Fund, Loomis Sayles High Income proceeds on shares N/A proceeds on Fund and Loomis Sayles Core Plus Bond held for 60 days shares held for Fund) or less+ 60 days or less+ - ------------------------------------------------ -------------------- ------------------- ------------------- - ------------------------------------------------ -------------------- ------------------- ------------------- Redemption fees (All other Funds in the None* None* None* Prospectuses) - ------------------------------------------------ -------------------- ------------------- -------------------
+ Will be charged on redemptions and exchanges of shares held for 60 days or less. (1) A reduced sales charge on Class A shares applies in some cases. See the section entitled "Ways to Reduce or Eliminate Sales Charges" within the section entitled "Fund Services." (2) Does not apply to reinvested distributions. (3) A 1.00% contingent deferred sales charge ("CDSC") applies with respect to certain purchases of Class A shares greater than $1,000,000 redeemed within 1 year after purchase, but not to any other purchases or redemptions of Class A shares. See the section entitled "How Sales Charges Are Calculated" within the section entitled "Fund Services." *Generally, a transaction fee will be charged for expedited payment of redemption proceeds such as by wire or overnight delivery. CDC NVEST EQUITY FUNDS Supplement dated May 1, 2004 to CDC Nvest Equity Funds Classes A, B and C Prospectus and CDC Nvest Equity Funds Class Y Prospectus, each dated February 1, 2004, each as may be supplemented from time to time (the "Prospectuses") EFFECTIVE MAY 1, 2004, THE TABLE IN THE SECTION ENTITLED "SHAREHOLDER FEES" WITHIN THE SECTION ENTITLED "FUND FEES & EXPENSES" IS REVISED TO REFLECT THE ADDITION OF A REDEMPTION FEE FOR LOOMIS SAYLES INTERNATIONAL EQUITY FUND. (fees paid directly from your investment)
- ---------------------------------------------------------- ----------------------- ----------------------- CLASS A CLASS Y - ---------------------------------------------------------- ----------------------- ----------------------- - ---------------------------------------------------------- ----------------------- ----------------------- Maximum sales charge (load) imposed on purchases (as a 5.75% percentage of offering price)(1)(2) None - ---------------------------------------------------------- ----------------------- ----------------------- - ---------------------------------------------------------- ----------------------- ----------------------- Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable)(2) (3) None - ---------------------------------------------------------- ----------------------- ----------------------- - ---------------------------------------------------------- ----------------------- ----------------------- Redemption fees (Loomis Sayles International Equity Fund) 2% of redemption 2% of redemption proceeds on shares proceeds on shares held for 60 days or held for 60 days or less+ less+ - ---------------------------------------------------------- ----------------------- ----------------------- - ---------------------------------------------------------- ----------------------- ----------------------- Redemption fees (All other Funds in the Prospectuses) None* None* - ---------------------------------------------------------- ----------------------- -----------------------
+ Will be charged on redemptions and exchanges of shares held for 60 days or less. (1) A reduced sales charge on Class A shares applies in some cases. See the section entitled "Ways to Reduce or Eliminate Sales Charges" within the section entitled "Fund Services." (2) Does not apply to reinvested distributions. (3) A 1.00% contingent deferred sales charge ("CDSC") applies with respect to certain purchases of Class A shares greater than $1,000,000 redeemed within 1 year after purchase, but not to any other purchases or redemptions of Class A shares. See the section entitled "How Sales Charges Are Calculated" within the section entitled "Fund Services." *Generally, a transaction fee will be charged for expedited payment of redemption proceeds such as by wire or overnight delivery. CDC NVEST EQUITY FUNDS CDC NVEST INCOME FUNDS Supplement dated May 1, 2004 to CDC Nvest Equity Funds Classes A, B and C Prospectus, CDC Nvest Equity Funds Class Y Prospectus, CDC Nvest Income Funds Classes A, B and C Prospectus and CDC Nvest Income Funds Class Y Prospectus all dated February 1, 2004, each as may be supplemented from time to time (the "Prospectuses") EFFECTIVE MAY 1, 2004, CLASS A SHARES AND CLASS Y SHARES OF LOOMIS SAYLES INTERNATIONAL EQUITY FUND, LOOMIS SAYLES STRATEGIC INCOME FUND, LOOMIS SAYLES HIGH INCOME FUND AND LOOMIS SAYLES CORE PLUS BOND FUND (THE "FUNDS") IMPLEMENTED THE FOLLOWING REDEMPTION FEE POLICY: Shareholders will be charged a 2% redemption fee if they redeem, including redeeming by exchange, Class A shares or Class Y shares of these Funds within 60 days of their acquisition (including acquisition by exchange). The redemption fee is intended to offset the costs to the Funds of short-term trading, such as portfolio transaction and market impact costs associated with redemption activity and administrative costs associated with processing redemptions. The redemption fee is deducted from the shareholder's redemption or exchange proceeds and is paid to the Fund. The "first-in, first-out" (FIFO) method is used to determine the holding period of redeemed or exchange shares, which means that if you acquired shares on different days, the shares acquired first will be redeemed or exchanged first for purposes of determining whether the redemption fee applies. A new holding period begins with each purchase or exchange. The Funds currently do not impose a redemption fee on a redemption of: |X| shares acquired by reinvestment of dividends or distributions of a Fund; or |X| shares held in an account of certain retirement plans or profit sharing plans or purchased through certain intermediaries; or |X| shares redeemed as part of a systematic withdrawal plan. The Funds may modify or eliminate these waivers at any time. The ability of a Fund to assess a redemption fee on transactions by underlying shareholders of omnibus and other accounts maintained by brokers, retirement plan accounts and fee-based program accounts may be limited. THE TABLE IN THE SECTION ENTITLED "SHAREHOLDER FEES" WITHIN THE SECTION ENTITLED "FUND FEES & EXPENSES" IS REVISED TO REFLECT THE ADDITION OF A REDEMPTION FEE FOR THE FUNDS. (fees paid directly from your investment)
- -------------------------------------------- --------------------- --------------------- --------------------- --------------------- INCOME FUNDS (EXCEPT CDC NVEST LIMITED TERM CDC NVEST LIMITED GOVERNMENT AND TERM GOVERNMENT AND EQUITY AND EQUITY FUNDS AGENCY FUND) AGENCY FUND INCOME FUNDS CLASS A CLASS A CLASS A CLASS Y - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- Maximum sales charge (load) imposed on 5.75% purchases (as a percentage of offering price)(1)(2) 4.50% 3.00% None - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- Maximum deferred sales charge (load) (as a (3) (3) percentage of original purchase price or redemption proceeds, as applicable)(2) (3) None - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- Redemption fees (Loomis Sayles International Equity Fund, Loomis 2% of redemption 2% of redemption N/A 2% of redemption Sayles Strategic Income Fund, proceeds on shares proceeds on shares proceeds on shares Loomis Sayles High Income Fund and held for 60 days or held for 60 days or held for 60 days or Loomis Sayles Core Plus Bond Fund) less+ less+ less+ - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- - -------------------------------------------- --------------------- --------------------- --------------------- --------------------- Redemption fees (All other Funds in the Prospectuses) None* None* None* None* - -------------------------------------------- --------------------- --------------------- --------------------- ---------------------
+ Will be charged on redemptions and exchanges of shares held for 60 days or less. (1) A reduced sales charge on Class A shares applies in some cases. See the section entitled "Ways to Reduce or Eliminate Sales Charges" within the section entitled "Fund Services." (2) Does not apply to reinvested distributions. (3) A 1.00% contingent deferred sales charge ("CDSC") applies with respect to certain purchases of Class A shares greater than $1,000,000 redeemed within 1 year after purchase, but not to any other purchases or redemptions of Class A shares. See the section entitled "How Sales Charges Are Calculated" within the section entitled "Fund Services." *Generally, a transaction fee will be charged for expedited payment of redemption proceeds such as by wire or overnight delivery. SP223-0504 LOOMIS SAYLES GOVERNMENT SECURITIES FUND Supplement dated May 1, 2004 to CDC Nvest Income Funds Classes A, B and C Prospectus and CDC Nvest Income Funds Class Y Prospectus, each dated February 1, 2004, each as may be supplemented from time to time (the "Prospectuses") WITHIN THE SECTION ENTITLED "EVALUATING THE FUND'S PAST PERFORMANCE", THE FOLLOWING TEXT REPLACES THE INTRODUCTORY TEXT AND AVERAGE ANNUAL TOTAL RETURNS TABLE FOR THE LOOMIS SAYLES GOVERNMENT SECURITIES FUND. The table below shows how the average annual total returns for each class of the Fund (before and after taxes for Class A) for the one-year, five-year and ten-year periods (or since inception if shorter) compare to those of the Lehman Brothers Long Term Government Bond Index ("Lehman Long Term Gov't Bond Index"), an unmanaged index which is made up of the securities in the Lehman Brothers Government Bond Index ("Lehman Gov't Bond Index") that have a maturity of 10 years or more. They are also compared to the Lehman Gov't Bond Index, an unmanaged index of public debt of the U.S. Treasury, government agencies and their obligations. You may not invest directly in an index. The Fund's total returns reflect, on a class by class basis, its expenses and the maximum sales charges that you may be required to pay when you buy or redeem the Fund's shares. Class A total returns have also been calculated to reflect return after taxes on distributions only and also return after taxes on distributions and sales of Fund shares. The Lehman Long Term Gov't Bond Index and Lehman Gov't Bond Index returns have not been adjusted for ongoing management, distribution and operating expenses and sales charges applicable to mutual fund investments.
- ----------------------------------------------------------------------------------------------------------- AVERAGE ANNUAL TOTAL RETURNS SINCE CLASS Y (for the periods ended December 31, 2003) PAST 1 YEAR PAST 5 YEARS PAST 10 YEARS INCEPTION (3/31/94) - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Class A - Return Before Taxes -3.08% 4.02% 5.30% - - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Return After Taxes on Distributions* -4.39% 2.04% 3.04% - - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Return After Taxes on Distributions & -2.00% 2.16% 3.06% - Sales of Fund Shares* - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Class B - Return Before Taxes -4.08% 3.88% 5.00% - - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Class Y - Return Before Taxes 1.64% 5.30% - 6.60% - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Return After Taxes on Distributions* 0.18% 3.18% - 4.19% - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Return After Taxes on Distributions & 1.07% 3.17% - 4.11% Sales of Fund Shares* - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Lehman Long Term Gov't Bond Index** 2.61% 6.58% 7.96% 8.87% - ----------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------- Lehman Gov't Bond Index**+ 2.36% 6.26% 6.72% 7.24% - -----------------------------------------------------------------------------------------------------------
*After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans, qualified plans, education savings accounts such as 529 plans or individual retirement accounts. The returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. In some cases the after-tax returns may exceed the return before taxes due to an assumed tax benefit from any losses on a sale of fund shares at the end of the measurement period. **The returns of the Index do not reflect the effect of taxes. + The Lehman Long Term Gov't Bond Index replaced the Lehman Gov't Bond Index as the Fund's comparative index because Loomis Sayles believes that the new index is more representative of the types of securities in which the Fund may invest. SP224-0504 SUPPLEMENT DATED MAY 1, 2004 TO THE STATEMENT OF ADDITIONAL INFORMATION - PART II FOR CDC NVEST FUNDS TRUST I, CDC NVEST FUNDS TRUST II AND LOOMIS SAYLES FUND II DATED FEBRUARY 1, 2004, AS SUPPLEMENTED FROM TIME TO TIME THE FOLLOWING TEXT REPLACES THE SUB-SECTION ENTITLED "SMALL ACCOUNT POLICY" WITHIN THE SECTION ENTITLED "SHAREHOLDER SERVICES". SMALL ACCOUNT POLICY When your account falls below a set minimum as determined by the Board of Trustees from time to time, the Fund may charge you a fee in the amount of $20. This does not apply to certain qualified retirement plans. The Fund will impose this fee by selling the number of shares from your account necessary to pay the fee. The Funds also reserve the right to close your account and send you the proceeds if the balance in your account below a set minimum as determined by the Board of Trustees. SP226-0504 -----END PRIVACY-ENHANCED MESSAGE-----