Pursues a steady flow of income while preserving capital primarily through investment in Canadian fixed income securities.
Natixis Canadian Bond Class seeks to achieve the investment objective through the investment of substantially all its portfolio assets in units of Natixis Canadian Bond Fund.
J Zechner will use investment strategies analyzing the expected direction of interest rates, the relative value between various terms to maturity, the relative value of individual issues, the relative value of different bond market sectors and the relative value between Canadian, provincial and corporate bonds.
The Fund may invest up to 50% of the cost of its net assets in foreign securities.
Who Should Invest in this Fund
Investors seeking primarily conservative longer term fixed income returns and preservation of capital.
Cash & Equivalents reflects unsettled trades, fees and derivatives and any other cash and equivalents positions held within the Fund.
In the sector allocation, the calculations are based on the specific traits of each security related to that distribution, which can result in variations of the Cash & Equivalents weightings.
J ZECHNER ASSOCIATES
Managed the Fund Since
Joined the Firm
Began Investment Career
Jeff Herold, CFA
Chief Executive Officer, Lead Fixed Income Manager
Dax Letham, CFA
Chief Investment Officer, Portfolio Manager
Ian Clare, CFA
Fixed Income Manager
Founded in 1993, J Zechner Associates is an independent, partner-owned organization focused on serving the investment management needs of institutional clients, mutual funds, as well as high-net worth individuals and families. They emphasize an active, disciplined and team-based approach to money management in their three main areas of specialty: Canadian Equity, Canadian Fixed Income, and Balanced.
J Zechner Associates Inc. is portfolio sub-advisor in respect of the Natixis Canadian Bond Fund. The Natixis Canadian Bond Class invests substantially all its portfolio assets in units of Natixis Canadian Bond Fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the investment fund or returns on investment in the investment fund. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
The payment of distributions for Dividend and the Return of Capital should not be confused with a mutual fundâ€™s performance, rate of return or yield. If distributions paid by a mutual fund are greater than the performance of the fund, then the investment will decline. Distributions paid as a result of capital gains realized by a mutual fund and income and dividends earned by a fund are taxable in the investorâ€™s hands in the year they are paid. For Return of Capital, the adjusted cost base will be reduced by the amount of any returns of capital. If the adjusted cost base goes below zero, then investors will have to pay capital gains tax on the amount below zero.
NGAM Canada LP (the â€śManagerâ€ť) currently reduces or absorbs all or any portion of the management fee and/or operating expenses of the Fund and can terminate the reduction or absorption at any time. The Manager expects to continue to absorb these fees or expenses until such time as the Fund is of sufficient size to reasonably absorb all fees and expenses. The MER for the Natixis Canadian Bond Class, Dividend, Series A would be 1.71% if the Manager had not reduced or absorbed these expenses.