Working with your financial advisor to select the Funds and, within the Tax Managed Funds, the Tax Classes that meet your financial situation are the most important steps in choosing to invest with Natixis Global Asset Management. Once these decisions have been made, you should also consider the following administrative information. 

 

Account Types

The Natixis Funds are designed specifically for registered or taxable accounts. The Registered Funds are intended to be purchased only in registered accounts while the Tax Managed Funds are intended only for taxable accounts.

Purchase Options

Front End Load

If you purchase securities on a front end load basis, you will pay the applicable net asset value per security plus a sales charge between 0% and 5% of the purchase price. The sales charge is negotiated with your financial advisor and is payable at the time of purchase.

  • Regular Series (for investments greater than $5,000)
  • High Net Worth Series (for investments greater than $250,000) – see management fees
  • Ultra High Net Worth Series (for investments greater than $500,000) – see management fees

F Series Option (Regular F series and High Net Worth series)

The securities of these series are available to investors who participate in a fee-for-service or wrap account program offered through their dealer, which has entered into an F series agreement with Natixis. No commission is payable at the time of purchase and no trailer fee is payable by Natixis to your dealer in respect of the investment. As a result, a lower management fee is payable to the Fund by the investor.

  • Regular F Series (for investments greater than $5,000)
  • High Net Worth F Series (for investments greater than $250,000) – see management fees

Deferred Sales Charge (DSC)

If you purchase under the DSC option, no commission is paid by you at the time of purchase, but you will pay a redemption charge if the securities are redeemed within seven years from the time of purchase (please see table below). The redemption charge is calculated as a percentage of the higher of the book value or market value of the securities being sold at the time of the redemption. You may sell up to 10% of the value of your fund in each calendar year without paying a redemption charge. Unused amounts cannot be carried forward to future years. The management fees on a DSC fund are the same as the Regular Series noted above.

Period Sold After Purchase Redemption Charge
Year 1 5.5%
Year 2 5.5%
Year 3 5.0%
Year 4 4.5%
Year 5 3.5%
Year 6 2.5%
Year 7 1.5%
Thereafter 0%

 

Low Load (LL)

If you purchase under the LL option, no commission is paid by you at the time of purchase, but you will pay a redemption charge if the securities are redeemed within three years from the time of purchase (please see table below). The redemption charge is calculated as a percentage of the higher of the book value or market value of the securities being sold at the time of the redemption. The management fees on a LL fund are the same as the Regular Series noted above.

Period Sold After Purchase Redemption Charge
Year 1 3.0%
Year 2 2.5%
Year 3 2.0%
Thereafter 0% 

Optional Services

Natixis offers the following services which you can add to your Natixis accounts.

Pre-Authorized Chequing (PAC) Plan

You may establish a pre-authorized chequing plan with us to make purchases on a regular, periodic basis. The purchases will automatically be debited from your bank account. The minimum purchase amount for a PAC is $100 and you may choose to make purchases twice monthly, monthly, quarterly, semi-annually or annually. You may change the amount or timing of your PAC at any time provided we receive a minimum of 30 days prior notice.

Systematic Withdrawal Plan (SWP)

To take advantage of dollar cost averaging, you can set up a systematic withdrawal plan with us to make withdrawals from your account on a regular, periodic basis. The minimum investment required for a SWP is $5,000 and you may choose to make withdrawals twice monthly, monthly, quarterly, semi-annually or annually. The minimum withdrawal amount is $100 per period. You may change the amount or timing of your SWP at any time provided we receive a minimum of 30 days prior notice. SWPs are available on investment accounts only.