0001683863-20-005208.txt : 20200424 0001683863-20-005208.hdr.sgml : 20200424 20200424113018 ACCESSION NUMBER: 0001683863-20-005208 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200424 DATE AS OF CHANGE: 20200424 EFFECTIVENESS DATE: 20200424 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: 20813358 BUSINESS ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 617-449-2810 MAIL ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 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 0000872649 S000006699 Loomis Sayles Growth Fund C000018227 Class A LGRRX C000018229 Class C LGRCX C000018230 Class Y LSGRX C000125484 Class N LGRNX C000188535 Class T LGRTX 497 1 f4568d1.htm LOOMIS SAYLES GROWTH FUND PDFtoHTML Conversion Output

LOOMIS SAYLES GROWTH FUND

Supplement dated April 24, 2020 to the Statement of Additional Information of the Loomis

Sayles Growth Fund (the "Fund"), dated February 1, 2020, as may be revised or supplemented

from time to time.

Effective immediately, the first paragraph in the sub-section entitled "Equity Funds' Portfolio Managers" within the section "Portfolio Managers' Compensation" is hereby amended and restated as follows:

Equity Funds' Portfolio Managers (except for Mr. Hamzaogullari)

While mutual fund performance and asset size do not directly contribute to the compensation calculation, investment performance for equity managers is measured by comparing the performance of Loomis Sayles' institutional composites to the performance of the applicable Morningstar peer group and/or the Lipper universe. Generally speaking, the performance of the respective product's fund is compared against the applicable Morningstar peer group and/or the Lipper universe. To the extent the majority of assets managed in the fund strategy are for institutional separate accounts, the eVestment Alliance institutional peer group will also be used as an additional comparison. In situations where substantially all of the assets for the strategy are institutional, the institutional peer group will be used as the primary method of comparison. A manager's performance relative to the peer group for the 1, 3 and 5 year periods (3, 5 and 10 years for large cap growth, all cap growth and global growth), or since the start of the manager's tenure, if shorter, is used to calculate the amount of variable compensation payable due to performance. Longer-term performance is typically weighted more than shorter-term performance. In addition, the performance measurement for equity compensation usually incorporates a consistency metric using longer term rolling return compared to peer group over a sustained measurement period, however, the exact method may be adjusted to a product's particular style. If a manager is responsible for more than one product, the rankings of each product are weighted based on relative revenue of accounts represented in each product. An external benchmark is used as a secondary comparison. The external benchmark used for the investment style utilized for the equity Fund is noted in the following table:

FUND

MANAGER BENCHMARK

Global Allocation Fund

MSCI All Country World Index (Net)

 

Blended Index (60% MSCI All Country

 

World Index (Net)/ 40% Bloomberg

 

Barclays Global Aggregate Bond Index)