-----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, SrTAfQfPf8evpejyqdOjuDw1RjG2v0phLR7qJmOJU3WmeFClvjmLtDPWtCMkyuhL yv3UEeYcduovD0jbYqkK/g== 0001127563-05-000154.txt : 20050616 0001127563-05-000154.hdr.sgml : 20050615 20050616162423 ACCESSION NUMBER: 0001127563-05-000154 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050616 DATE AS OF CHANGE: 20050616 EFFECTIVENESS DATE: 20050616 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: 05900564 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 lsiicomb.txt LOOMIS SAYLES CORE PLUS BOND FUND LOOMIS SAYLES HIGH INCOME FUND LOOMIS SAYLES MASSACHUSETTS TAX FREE INCOME FUND (the "Funds") Supplement dated June 16, 2005 to the IXIS Advisor Income and Tax Free Income Funds Classes A, B and C Prospectus dated February 1, 2005 as revised May 1, 2005, as may be supplemented from time to time On May 20, 2005, the Board of Trustees the of IXIS Advisor Funds approved the agreement of Loomis, Sayles & Company, L.P. ("Loomis Sayles") to waive a portion of its advisory fee to limit the amount of total annual fund operating expenses to 1.05%, 1.80% and 1.80% of the Loomis Sayles Core Plus Bond Fund's average net assets for Classes A, B, and C shares, respectively; to 1.45%, 2.20% and 2.20% of the Loomis Sayles High Income Fund's average net assets for Classes A, B, and C shares, respectively; and to 1.15% and 1.90% of the Loomis Sayles Massachusetts Tax Free Income Fund's average net assets for Classes A and B shares, respectively, effective from July 1, 2005 through January 31, 2006. EFFECTIVE JULY 1, 2005, THE ANNUAL FUND OPERATING EXPENSES TABLE AND THE EXAMPLE TABLE WITHIN THE SECTION"FUND FEES & EXPENSES" OF THE PROSPECTUS ARE AMENDED AND RESTATED AS FOLLOWS WITH RESPECT TO THE LOOMIS SAYLES CORE PLUS BOND FUND, LOOMIS SAYLES HIGH INCOME FUND AND LOOMIS SAYLES MASSACHUSETTS TAX FREE INCOME FUND: ANNUAL FUND OPERATING EXPENSES (expenses that are deducted from Fund assets, as a percentage of average daily net assets)
- ----------------------- ------------------------------------ ------------------------------------------- ----------------------- CORE PLUS BOND FUND++1 HIGH INCOME FUND++5 MASSACHUSETTS TAX FREE INCOME FUND++3 - ----------------------- ------------------------------------ - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- CLASS A CLASS B CLASS C CLASS A CLASS B CLASS C CLASS A CLASS B - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Management fees 0.42% 0.42% 0.42% 0.60% 0.60% 0.60% 0.60% 0.60% - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Distribution and/or 0.25% 1.00%* 1.00%* 0.25% 1.00%* 1.00%* 0.25% 1.00%* service (12b-1) fees** - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Other expenses+ 0.55% 0.55% 0.55% 0.78% 0.78% 0.78% 0.34% 0.34% - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Total annual fund operating expenses 1.22% 1.97% 1.97% 1.63% 2.38% 2.38% 1.19% 1.94% - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Fee Waiver and/or Expense Reimbursement 0.17% 0.17% 0.17% 0.18% 0.18% 0.18% 0.04% 0.04% - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ---------- Net Expenses 1.05% 1.80% 1.80% 1.45% 2.20% 2.20% 1.15% 1.90% - ----------------------- ----------- ------------ ----------- ------------- ----------------- ----------- ------------ ----------
+ Other expenses have been restated to reflect contractual changes to transfer agency fees for the Funds effective January 1, 2005. ++ Expense information in the table has been restated to reflect current fees and expenses. * Because of the higher 12b-1 fees, long-term shareholders may pay more than the economic equivalent of the maximum front-end sales charge permitted by the rules of the National Association of Securities Dealers, Inc. ** Each class of Fund shares pays an annual service fee of 0.25% of its average daily net assets. 1 Loomis Sayles has given a binding undertaking to this Fund to limit the amount of the Fund's total annual fund operating expenses, exclusive of brokerage expenses, interest expenses, taxes and organizational and extraordinary expenses, to 1.05%, 1.80%, and 1.80% of the Fund's average daily net assets for Classes A, B and C shares, respectively. This undertaking is in effect through January 31, 2006 and is reevaluated on an annual basis. Without this undertaking, expenses would have been higher. 3 Loomis Sayles has given a binding undertaking to this Fund to limit the amount of the Fund's total annual fund operating expenses, exclusive of brokerage expenses, interest expense, taxes and organizational and extraordinary expenses, to 1.15% and 1.90% annually of the Fund's average daily net assets for Class A and Class B shares, respectively. This undertaking is in effect through January 31, 2006, and is reevaluated on an annual basis. Without this undertaking, expenses would have been higher. 5 Loomis Sayles has given a binding undertaking to this Fund to limit the amount of the Fund's total annual fund operating expenses, exclusive of brokerage expenses, interest expenses, taxes and organizational and extraordinary expenses, to 1.45%, 2.20%, and 2.20% of the Fund's average daily net assets for Classes A, B and C shares, respectively. This undertaking is in effect through January 31, 2006 and is reevaluated on an annual basis. Without this undertaking, expenses would have been higher. EXAMPLE*
- -------------- ------------------------------------------- ------------------------------------------------ ------------------------ CORE PLUS BOND FUND HIGH INCOME FUND MASSACHUSETTS TAX FREE INCOME FUND - -------------- ------------------------------------------- ------------------------------------------------ ------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CLASS CLASS CLASS CLASS CLASS CLASS CLASS CLASS A B C A B C A B - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (2) (1) (2) (1) (2) (1) (2) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 year $552 $683 $183 $283 $183 $591 $723 $223 $323 $223 $537 $693 $193 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 3 years $804 $902 $602 $602 $602 $924 $1,025 $725 $725 $725 $783 $905 $605 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 5 years $1,075 $1,247 $1,047 $1,047 $1,047 $1,280 $1,454 $1,254 $1,254 $1,254 $1,048 $1,243 $1,043 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 10 years** $1,846 $2,088 $2,088 $2,282 $2,282 $2,281 $2,516 $2,516 $2,703 $2,703 $1,803 $2,067 $2,067 - ------------------------------------------------------------------------------------------------------------------------------------
(1) Assumes redemption at end of period. (2) Assumes no redemption at end of period. * The example is based on the net expenses shown above for the Core Plus Bond Fund, High Income Fund and Massachusetts Tax Free Income Fund for the 1-year period illustrated in the Example and on the total annual operating expenses for the remaining years. ** Class B shares automatically convert to Class A shares after 8 years; therefore, in years 9 and 10 Class B amounts are calculated using Class A expenses. SP261-0605 LOOMIS SAYLES CORE PLUS BOND FUND (the "Fund") Supplement dated June 16, 2005 to the IXIS Advisor Income and Tax Free Income Funds Class Y Prospectus dated February 1, 2005, as may be revised and supplemented from time to time On May 20, 2005, the Board of Trustees of the IXIS Advisor Funds approved the agreement of Loomis, Sayles & Company, L.P. ("Loomis Sayles") to waive a portion of its advisory fee to limit the amount of the Loomis Sayles Core Plus Bond Fund's total annual fund operating expenses to 0.80% of the Fund's average net assets for Class Y, effective July 1, 2005 through January 31, 2006. EFFECTIVE JULY 1, 2005, THE ANNUAL FUND OPERATING EXPENSES TABLE AND THE EXAMPLE TABLE WITHIN THE SECTION"FUND FEES & EXPENSES" OF THE IXIS ADVISOR INCOME AND TAX FREE INCOME FUNDS CLASS Y PROSPECTUS ARE AMENDED AND RESTATED AS FOLLOWS WITH RESPECT TO THE LOOMIS SAYLES CORE PLUS BOND FUND: ANNUAL FUND OPERATING EXPENSES (expenses that are deducted from Fund assets, as a percentage of average daily net assets)
- -------------------------------- ------------------------------ CORE PLUS BOND FUND*1 - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ CLASS Y - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Management fees 0.42% - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Distribution and/or service (12b-1) fees 0.00% - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Other expenses+ 0.56% - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Total annual fund operating 0.98% expenses - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Fee Waiver and/or Expense 0.18% Reimbursement - -------------------------------- ------------------------------ - -------------------------------- ------------------------------ Net Expenses 0.80% - -------------------------------- ------------------------------
* Expense information in the table has been restated to reflect current fees and expenses. + Other expenses have been restated to reflect contractual changes to the transfer agency fees for the Fund effective January 1, 2005. 1 Loomis Sayles has given a binding undertaking to this Fund to limit the amount of the Fund's total annual fund operating expenses, exclusive of brokerage expenses, interest expenses, taxes and organizational and extraordinary expenses, to 0.80% of the Fund's average daily net assets for Class Y. This undertaking is in effect through January 31,, 2006 and is reevaluated on an annual basis. Without this undertaking, expenses would have been higher. EXAMPLE*
- ---------------- --------------------------------------------------- CORE PLUS BOND FUND - ---------------- --------------------------------------------------- - ---------------- --------------------------------------------------- CLASS Y+ - ---------------- --------------------------------------------------- - ---------------- --------------------------------------------------- 1 year $82 - ---------------- --------------------------------------------------- - ---------------- --------------------------------------------------- 3 years $294 - ---------------- --------------------------------------------------- - ---------------- --------------------------------------------------- 5 years $524 - ---------------- --------------------------------------------------- - ---------------- --------------------------------------------------- 10 years $1,185 - ---------------- ---------------------------------------------------
+ Reflects current fees and expenses. * The example is based on the net expense shown above for the Core Plus Bond Fund for the 1-year period illustrated in the Example and on the total annual fund operating expenses for the remaining years. SP262-0605 -----END PRIVACY-ENHANCED MESSAGE-----