Loomis Sayles Global Diversified Corporate Bond Fund
Global Diversified Corporate Bond Fund
$45,523,526as of 09/20/17Total Net Assets
$10.0209(Series A) as of 09/20/17NAVPS
Global Fixed-Income Asset Class
Bloomberg Barclays Global Aggregate - Corporate (CAD Hedged) IndexBenchmark
Pursues a steady flow of income and the potential for capital gains primarily through investment in fixed income securities issued by Canadian and foreign corporations.
Loomis Sayles Global Diversified Corporate Bond Fund will invest directly in fixed income securities such as corporate debentures, mortgage backed and asset backed securities with maturity dates more than one year and/or bonds issued or guaranteed by Canadian governments.
Loomis Sayles employs a value-driven, benchmark-aware approach implemented within a risk-budgeting framework. The investment process seeks to create a diversified portfolio with undervalued and preferably discount securities across relevant risk factors, including sector, country, currency, curve and specific credit.
The Fund is actively managed and uses a research-driven strategy in selecting sectors and securities as its primary return sources. Country or currency of issue allocations, and yield curve positioning are typically secondary sources of excess return.
The Fund invests primarily in investment grade securities.
The Fund may invest up to 20% of its assets in securities of below investment grade credit quality.
Who Should Invest in this Fund
Investors seeking a diversified investment in corporate bonds.
Loomis, Sayles & Company L.P. is portfolio sub-advisor in respect of the Loomis Sayles Global Diversified Corporate Bond Fund. The Loomis Sayles Global Diversified Corporate Bond Class invests substantially all its portfolio assets in units of Loomis Sayles Global Diversified Corporate 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.
NGAM Canada LP (the "Manager") 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 Loomis Sayles Global Diversified Corporate Bond Fund, Series A would be 1.92% if the Manager had not reduced or absorbed these expenses.
On October 17, 2016, the NexGen Corporate Bond Fund changed its name to Loomis Sayles Global Diversified Corporate Bond Fund. Also at that time, the sub-advisor for the fund was changed from Baker Gilmore & Associates Inc., to Loomis Sayles & Company, L.P. Changes in the investment strategies of the Corporate Bond Funds were made because of the sub-advisor change.
Loomis, Sayles & Company L.P. is a wholly owned subsidiary and an affiliate of Natixis Global Asset Management, S.A.