65% Bloomberg Barclays U.S. Government/Credit Index 25% Bloomberg Barclays Global High Yield Index 10% S&P 500 IndexBenchmark
Seeks high current income with a secondary objective of capital growth through investment primarily in U.S. income producing securities.
Under normal market conditions, the Fund will invest substantially all of its assets in income producing securities (including below investment grade securities or “junk bonds”) with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets and related foreign currency transactions, and U.S. government securities.
The Fund may invest in preferred stocks.
The Fund may invest up to 20% of its assets in dividend paying common stocks.
Loomis Sayles may shift the Fund’s assets among various types of income-producing securities based upon changing market conditions. Loomis Sayles performs its own extensive credit analyses to determine the creditworthiness and potential for capital appreciation of a security.
Loomis Sayles uses a flexible approach to identify securities in the global marketplace with characteristics including discounted price compared to economic value, undervalued credit ratings with strong or improving credit profiles and yield premium relative to its benchmark (although not all the securities selected will have these attributes).
Who Should Invest in this Fund
Investors seeking income and capital appreciation from fixed income and equity markets primarily outside Canada.
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 Strategic Monthly Income Fund, Series A would be 2.35% if the Manager had not reduced or absorbed these expenses.
Loomis, Sayles & Company L.P. is a wholly owned subsidiary and an affiliate of Natixis Global Asset Management, S.A.