Each of the Natixis Funds offers Classes A, B and C shares to the public (except the Massachusetts Tax Free Income Fund and Municipal Income Fund, which only offer Class A and Class B shares and Equity Diversified Portfolio, Income Diversified Portfolio, Global Markets Fund and Moderate Diversified Portfolio, which only offer Class A and Class C shares). Each class has different costs associated with buying, selling and holding Fund shares. Which class is best for you depends upon the size of your investment and how long you intend to hold your shares. Your financial advisor can help you decide which class of shares is most appropriate for you.

Review the sales charges that apply to the purchase and sale of Fund shares by selecting a share class below:

Class A
Class B
Class C

Class A shares:

The offering price of Class A shares is their net asset value plus a sales charge (sometimes called a “front-end sales charge”) which varies depending upon the size of your purchase. As you can see in the tables below, sales charges diminish at various breakpoints.

Natixis Equity Funds and Diversified Portfolios
(including Loomis Sayles Growth Fund, Loomis Sayles Global Markets Fund and Loomis Sayles Research Fund)

Due to rounding, the actual sales charge for a particular transaction may be higher or lower than the rates listed above.
* For purchases of Class A shares of the Fund of $1 million or more, there is no front-end sales charge, but a Contingent Deferred Sales Charge of 1.00% may apply to redemptions of your shares within one year of the date of purchase. See the section “How the Contingent Deferred Sales Charge is Applied to Your Shares” in the funds' prospectuses for more information.
** Not imposed on shares that are purchased with reinvested dividends or other distributions.

Natixis Income and Tax Free Income Funds

Due to rounding, the actual sales charge for a particular transaction may be higher or lower than the rates listed above.
* For purchases of Class A shares of the Fund of $1 million or more, there is no front-end sales charge, but a Contingent Deferred Sales Charge of 1.00% may apply to redemptions of your shares within one year of the date of purchase. See the section “How the Contingent Deferred Sales Charge is Applied to Your Shares” in the funds' prospectuses for more information.
** Not imposed on shares that are purchased with reinvested dividends or other distributions.

If you invest in Class A shares through a financial intermediary, it is the responsibility of the financial intermediary to ensure that you obtain the proper "breakpoint" discount. It will be necessary at the time of purchase to inform the Distributor and the financial intermediary of the existence of other accounts in which there are holdings eligible to be aggregated to meet sales load breakpoints. You may be required to provide certain records and information, such as account statements, with respect to all of your accounts which hold shares, including accounts with other financial intermediaries and your family members' and other related party accounts, in order to verify your eligibility for a reduced sales charge. If the Distributor is not notified that you are eligible for a reduced sales charge, the Distributor will be unable to ensure that the reduction is applied to your account. Additional information concerning sales load breakpoints is available from your financial intermediary or in the Funds' statement of additional information.

Reducing Front-End Sales Charges

There are several ways you can lower your sales charge for Class A shares, including:

• Letter of Intent – By signing a Letter of Intent, you may purchase Class A shares of any Natixis Funds over a 13-month period but pay sales charges as if you had purchased all shares at once. This program can save you money if you plan to invest $50,000 ($100,000 for certain funds) or more over 13 months. Purchases of Class B and Class C shares may be used toward meeting the letter of intent.
  
• Cumulative Purchase Discount – You may be entitled to a reduced sales charge if your “total investment” reaches a breakpoint for a reduced sales charge. The total investment is determined by adding the amount of your current purchase in the Fund, including the applicable sales charge, to the current public offering price of all series and classes of shares of the Natixis Funds held by you in one or more accounts. If your total investment exceeds a sales charge breakpoint in the table above, the lower sales charge applies to entire amount of your current purchase in the Fund.
  
• Combining Accounts – allows you to combine shares of multiple Natixis Funds and classes for purposes of calculating your sales charge.
  
  Individual Accounts: You may elect to combine your purchase(s) and your total investment, as defined above, with the purchases and total investment of your spouse, parents, children, siblings, grandparents, grandchildren, in-laws (of those previously mentioned) individual fiduciary accounts, sole proprietorships, single trust estates and any other individuals acceptable to the Distributor.

  Certain Retirement Plan Accounts: The Distributor may, in its discretion, combine the purchase(s) and total investment of all qualified participants in the same retirement plan for purposes of determining the availability of a reduced sales charge.

  In most instances, individual accounts may not be linked with certain retirement plan accounts for the purposes of calculating sales charges. SIMPLE IRA contributions will automatically be linked with those of other participants in the same SIMPLE IRA Plan (Class A shares only). SIMPLE IRA accounts may not be linked with any other Natixis Fund account for rights of accumulation. Please refer to the SAI for more detailed information on combining accounts.

The above-listed ways to reduce front-end sales chares may not apply to the Natixis Cash Management Trust - Money Market Series (the "Money Market Fund") unless shares are purchased through an exchange from another Natixis Fund.

Eliminating Front-End Sales Charges and CDSC

The following individuals and institutions may purchase Class A shares at net asset value:

• Any government entity that is prohibited from paying a sales charge or commission to purchase mutual fund shares;
• Selling brokers, sales representatives, registered investment advisers, financial planners or other intermediaries under arrangements with the Distributor;
• Fund Trustees, former Trustees and other individuals who are affiliated with any Natixis Fund or Money Market Fund (this also applies to any spouse, parents, children, siblings, grandparents, grandchildren and in-laws of those mentioned);
• Participants in certain Retirement Plans with $1 million or more in total plan assets or with at least 100 eligible employees;
• Non-discretionary and non-retirement accounts of bank trust departments or trust companies only if they principally engage in banking or trust activities;
• Investments of $5 million or more in Limited Term Government and Agency Fund by corporations purchasing shares for their own account, credit unions, or bank trust departments and trust companies with discretionary accounts which they hold in a fiduciary capacity; and
• Investments of $25,000 or more in Natixis Funds or the Money Market Fund by clients of an adviser or subadviser to any Natixis Fund or the Money Market Fund.

In order to receive Class A shares without a front-end sales charge, you must notify the Fund of your eligibility at the time of purchase.

Please refer the to the Funds' statement of additional information or call your financial advisor for more details.

Repurchasing Fund Shares

You may apply proceeds from redeeming Class A shares of the Funds (without paying a front-end sales charge) to repurchase Class A shares of any Natixis Fund. To qualify, you must reinvest some or all of the proceeds within 120 days after your redemption and notify Natixis Funds or your financial advisor in writing at the time of reinvestment that you are taking advantage of this privilege. You may reinvest your proceeds either by returning the redemption check or by sending a new check for some or all of the redemption amount. Please note: for federal income tax purposes, a redemption is a sale that involves tax consequences, even if the proceeds are later reinvested. Please consult your tax adviser to discuss how a redemption would affect you.

If you repurchase Class A shares of $1 million or more within 30 days after you redeem such shares, the Distributor will rebate the amount of the Contingent Deferred Sales Charge charged on the redemption if the Fund is notified in writing at the time of the repurchase.

Reinvesting Distributions

Shares purchased from the reinvestment of dividends or capital gains distributions are not charged contingent deferred sales charges when they are redeemed.

Eliminating the Contingent Deferred Sales Charge

As long as the Distributor is notified at the time you sell, the Contingent Deferred Sales Charge for Class A shares will be generally be eliminated in the following cases: (1) to make distributions from a Retirement Plan (a plan termination or total plan redemption may incur a Contingent Deferred Sales Charge); (2) to make payments through a systematic withdrawal plan; or (3) due to shareholder death or disability.

Class B shares (As of 10/12/07, Class B shares are closed to all investors)

The offering price of Class B shares is their net asset value. Although there is no front-end sales charge, you will pay a charge on redemptions (link to “How the Contingent Deferred Sales Charges is Applied to Your Shares”) if you sell your shares within six years of the anniversary date of their acquisition (called a “contingent deferred sales charge”). The amount of the contingent deferred sales charge, if any, declines each year that you own your shares (except in the 3rd and 4th years). Class B shares automatically convert to Class A shares after eight years. The holding period for purposes of timing the conversion to Class A shares and determining the contingent deferred sales charge will continue to run after an exchange to Class B shares of another Natixis Fund (except the Money Market Fund).

All Funds

Reinvesting Distributions

Shares purchased from the reinvestment of dividends or capital gains distributions are not charged contingent deferred sales charges when they are redeemed.

Eliminating the Contingent Deferred Sales Charge

As long as the Distributor is notified at the time you sell, the Contingent Deferred Sales Charge for Class B shares will be generally be eliminated in the following cases: (1) to make distributions from a Retirement Plan (a plan termination or total plan redemption may incur a Contingent Deferred Sales Charge); (2) to make payments through a systematic withdrawal plan; or (3) due to shareholder death or disability.

Class C shares

The offering price of Class C shares is their net asset value. Although there is no front-end sales charge, you will pay a contingent deferred sales charge (link to “How the Contingent Deferred Sales Charges is Applied to Your Shares”) of 1.00% on redemptions made within one year of the date of purchase. The holding period for determining the Contingent Deferred Sales Charge will continue to run after an exchange to Class C shares of another Natixis Fund (except the Money Market Fund).

All Funds

Class C Contingent Deferred Sales Charges
Year Since Purchase	CDSC on Shares Being Sold
1st	1.00%
thereafter	0.00%

Reinvesting Distributions

Shares purchased from the reinvestment of dividends or capital gains distributions are not charged contingent deferred sales charges when they are redeemed.

Eliminating the Contingent Deferred Sales Charge

As long as the Distributor is notified at the time you sell, the Contingent Deferred Sales Charge for Class C shares will be generally be eliminated in the following cases: (1) to make distributions from a Retirement Plan (a plan termination or total plan redemption may incur a Contingent Deferred Sales Charge); (2) to make payments through a systematic withdrawal plan; or (3) due to shareholder death or disability.

How the Contingent Deferred Sales Charge Is Applied to Your Shares

The Contingent Deferred Sales Charge is a sales charge you pay when you redeem certain Fund shares. The Contingent Deferred Sales Charge:

• is calculated based on the number of shares you are selling;
• is based on either your original purchase price or the current net asset value of the shares being sold, whichever is lower;
• is deducted from the proceeds of the redemption, unless you request, at the time of the redemption, that it be deducted from the amount remaining in your account; and
• applies to redemptions made through the anniversary date of their acquisition for years one through six, as applicable.

A Contingent Deferred Sales Charge will not be charged on:

• increases in net asset value above the purchase price; or
• shares you acquired by reinvesting your dividends or capital gains distributions.

Exchanges into Shares of the Money Market Fund

If you exchange Class B or Class C shares of a Fund into shares of the Money Market Fund, the holding period for purposes of determining the Contingent Deferred Sales Charge for Class B and Class C shares, and conversion into Class A shares stops until you exchange back into shares of another Natixis Fund. If you choose to redeem those Money Market Fund shares, a Contingent Deferred Sales Charge may apply.

The mutual funds referred to in this website are offered and sold only to persons who are eligible to purchase U.S. registered investment funds and are offered by prospectus only.

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