Natixis Target Retirement Funds

* 7-year track record pertains only to fund vintages 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050, 2055, and 2060.

¹ Managers consider ESG factors differently and may use differing approaches to incorporating ESG considerations.

² 2023 Natixis Investment Managers Survey of US Defined Contribution Plan Participants conducted by CoreData Research, January and February 2023. Survey included 736 US workers, 587 being plan participants and 149 being nonparticipants. Of the 736 respondents, 362 were Millennials (age 27–42), 166 were Gen Xers (age 43–58) and 208 were Baby Boomers (age 59 and above).

Before investing, consider the fund's investment objectives, risks, charges, and expenses. You may obtain a prospectus or a summary prospectus containing this and other information. Read it carefully.

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The Morningstar Rating™ for funds, or "star rating," is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36–59 months of total returns, 60% five-year rating/40% three-year rating for 60–119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Equity securities are volatile and can decline significantly in response to broad market and economic conditions. Fixed income securities may carry one or more of the following risks: credit, interest rate (as interest rates rise, bond prices usually fall), inflation and liquidity. The fund’s ESG investment approach could cause the fund to perform differently compared to funds that do not have such an approach or compared to the market as a whole. The fund’s application of ESG-related considerations may affect the fund’s exposure to certain issuers, industries, sectors, style factors or other characteristics and may impact the relative performance of the fund – positively or negatively – depending on the relative performance of such investments. Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than US securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets. Mortgage-related and asset-backed securities are subject to the risks of the mortgages and assets underlying the securities. Other related risks include prepayment risk, which is the risk that the securities may be prepaid, potentially resulting in the reinvestment of the prepaid amounts into securities with lower yields. Inflation-protected securities move with the rate of inflation and carry the risk that in deflationary conditions (when inflation is negative, the value of the bond may decrease. Multi-manager funds may be managed by several subadvisers using different styles that may not always complement each other. This could adversely affect performance and may lead to higher fund expenses.

Natixis Distribution, LLC does not provide legal advice. Please consult with a legal professional prior to making any investing decision.