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Name | Symbol | Market | Type |
---|---|---|---|
Natixis Seeyond International Minimum Volatility ETF | AMEX:MVIN | AMEX | Exchange Traded Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 41.1616 | 0 | 01:00:00 |
NATIXIS FUNDS
LOOMIS SAYLES FUNDS
NATIXIS ETFs
Supplement dated December 23, 2019 to the Loomis Sayles Funds Statements of Additional Information, dated
February 1, 2019, the Natixis Funds Statements of Additional Information, dated February 1, 2019, April 1, 2019,
May 1, 2019, June 1, 2019, October 1,2019 and the Natixis ETFs Statements of Additional Information, dated
May 1, 2019, as may be revised or supplemented from time to time, for the following funds:
Effective January 1, 2020, Cynthia Walker has resigned as Chairperson of the Governance Committee and has been appointed as a member of the Governance Committee. Edmond J. English has been appointed as Chairperson of the Governance Committee.
Accordingly, the table of the sub-section Trustee and Officers within the section Management of the Trust(s) is being updated to reflect the above stated changes. In addition, the list of the members of the Governance Committee in the sub-section Leadership Structure of the Board within the section Management of the Trust(s) is hereby replaced with the following:
Audit Committee | Contract Review Committee | Governance Committee | ||
Erik R. Sirri Chairperson | Wendell J. Knox Chairperson | Edmond J. English Chairperson | ||
Edmond J. English | Richard A. Goglia | Richard A. Goglia | ||
Martin T. Meehan | Maureen B. Mitchell | Maureen B. Mitchell | ||
Peter J. Smail | James P. Palermo | Peter J. Smail | ||
Cynthia L. Walker | Kirk A. Sykes | Cynthia L. Walker |
As Chairperson of the Board, Mr. Drucker is an ex officio member of each Committee.
Effective January 1, 2020, the second paragraph in the sub-section Trustee Fees within the section Management of the Trust(s) in the Statements of Additional Information is hereby replaced with the following:
The Chairperson of the Board receives a retainer fee at the annual rate of $369,000. The Chairperson does not receive any meeting attendance fees for Board of Trustees meetings or committee meetings that he attends. Each Trustee who is not an employee, officer or director of Natixis Advisors, the Distributor or their affiliates (other than the Chairperson) receives, in the aggregate, a retainer fee at the annual rate of $199,000. Each Trustee who is not an employee, officer or director of Natixis Advisors, the Distributor or their affiliates also receives a meeting attendance fee of $10,000 for each meeting of the Board that he or she attends in person and $5,000 for each meeting of the Board that he or she attends telephonically. In addition, the Chairperson of the Audit Committee, the Chairperson of the Contract Review Committee, and the Chairperson of the Governance Committee, each receive an additional retainer fee at an annual rate of $20,000. Each Contract Review Committee and Audit Committee member is compensated $6,000 for each committee meeting that he or she attends in person and $3,000 for each committee meeting that he or she attends telephonically. These fees are allocated among the funds in the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trust based on a formula that takes into account, among other factors, the relative net assets of each mutual fund portfolio. Trustees are reimbursed for travel expenses in connection with attendance at meetings.
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