Products February 1, 2013

Natixis Offers Retirement Plans New Share Class

Natixis Global Asset Management (NGAM) is offering “Class N” shares for several Natixis and Loomis Sayles funds.
Reported by

Class N shares have a number of distinctive characteristics:  

  • There are no front-end or back-end sales charges; 
  • There are no 12b-1 or service fees and no sub-transfer agency fees; and  
  • There is no minimum initial or subsequent investment amount for these shares.  

    Designed primarily for employer-sponsored retirement plans, Class N shares are not available for purchase by individual investors, traditional or Roth IRAs, retail nonretirement accounts or 529 College Savings Plans.  

    “NGAM’s new Class N shares are a direct response to frequent requests from sponsors, consultants and platforms seeking lower-cost actively managed funds for their retirement participants,” said Matthew Coldren, executive vice president of the Client Solutions Group at Natixis Global Asset Management – U.S. Distribution. “N shares can impact a retirement participant’s long-term account balances, better positioning them to achieve retirement readiness.”   

    Visit http://www.ngam.natixis.com for more information.

    «