Global Allocation Fund
Overview
Fund Details
Portfolio Managers
Matt Eagan, CFA
Head of the Full Discretion Team, Portfolio Manager
David Rolley, CFA
Co-Head of the Global Fixed Income Team, Portfolio Manager
Eileen Riley, CFA
Co-Head of the Global Equity Opportunities Team, Portfolio Manager
Lee Rosenbaum
Co-Head of the Global Equity Opportunities Team, Portfolio Manager
Fund Facts
About the Team
Deep experience and fundamental research that drive sustainable, risk-adjusted returns over the long-term.
Our Performance data shown represents past performance and is no guarantee of future results. Investment return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, please see the tab labeled “Performance”.
Why Choose This Fund?
- To gain exposure to global equity and fixed income markets through an experienced management team.
- For potentially attractive risk-adjusted returns from a global stock and bond portfolio.
- To add global diversification to US investments.
Investment Strategy
- Global diversification across major asset classes and markets has helped reduce portfolio risk historically without compromising long-term return
- Focus on absolute return
- Unconstrained, flexible mandate leverages Loomis Sayles’ deep global equity and fixed income resources
- Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in equity and fixed income securities of US and foreign issuers
- Flexibility to capitalize on global fixed income and equity market opportunities
- May be suitable for investors seeking enhanced return potential and global diversification, with the ability to take on risks of global investing
About Risk
- 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.
- 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.
- Below investment grade fixed income securities may be subject to greater risks (including the risk of default) than other fixed income securities.
- Currency exchange rates between the US dollar and foreign currencies may cause the value of the fund’s investments to decline.
Performance
Cumulative Total Return (%)
As of 12/31/2025| Class Y | Return |
|---|---|
| 3 Months | 4.48% |
| Year-To-Date | 2.96% |
Annualized Total Return (%)
As of 12/31/2025| Class Y | Return |
|---|---|
| 1 Year | 11.67% |
| 3 Years | 14.22% |
| 5 Years | 7.42% |
| 10 Years | 10.09% |
| Since Inception | 9.44% |
Cumulative Total Return (%)
As of 12/31/2025| Class Y | Return |
|---|---|
| 3 Months | 2.83% |
| Year-To-Date | 13.06% |
Annualized Total Return (%)
As of 12/31/2025| Class Y | Return |
|---|---|
| 1 Year | 13.06% |
| 3 Years | 15.92% |
| 5 Years | 6.51% |
| 10 Years | 9.31% |
| Since Inception | 9.36% |
Performance data shown represents past performance and is no guarantee of future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. Returns include changes in share price and reinvestment of dividends and capital gains, if any.
Lipper rankings are based on total returns calculated by each ranking entity. Rankings do not take into account sales charges, if applicable, but include reinvestment of dividends and capital gains, if any.
Morningstar Percentile Rankings are based on total return and do not account for sales charges. Percentile ranks are based on absolute rank within specific fund categories and time periods. Within a category, all funds’ percentile rankings range from 1 (best) to 100 (worst), with all intermediate values spread evenly over that range. The fund’s absolute peer ranking may not be available for all time periods. Morningstar does not calculate an absolute peer ranking when a fund’s performance has been linked to a preexisting share class.
Past performance is no guarantee of future results.
Documents
1As of the most recent prospectus, the investment advisor has contractually agreed to waive fees and/or reimburse expenses (with certain exceptions) once the expense limitation of the fund has been exceeded. This arrangement is set to expire on 1/31/27. When an expense limitation has not been exceeded, the fund may have similar expense ratios and/or yields.
2The 30-day SEC yield is a standardized calculation, calculated by dividing the net investment income per share for the 30-day period by the maximum offering price per share at the end of the period and annualizing the result. Treasury Inflation-Protected Securities (TIPS) are designed to provide protection against inflation through monthly adjustments to the principal value of TIPS, which increases with inflation and decreases with deflation as measured by the Consumer Price Index. Monthly principal adjustments for inflation (increases and decreases) are excluded from the 30-day SEC yield calculation. Such adjustments can vary substantially from one month to the next, and if they were included, may materially impact the 30-day SEC yield either higher or lower. A subsidized 30-day SEC yield reflects the effect of fee waivers and expense reimbursements. The SEC yield is not based upon distributions of the fund and actual income distributions may be higher or lower than the 30-day SEC yield amounts. During periods of unusual market conditions and/or activity in the sales or redemptions of fund shares, the fund’s 30-day SEC yield amounts may be materially higher or lower than its actual income distributions.
Unsubsidized 30-day SEC yield is calculated using the gross expenses of the fund. Gross expenses do not include any fee waivers or reimbursement.
Important Disclosures
Investing involves risk, including possible loss of principal.
There is no guarantee that the investment objective will be realized or that the fund will generate positive or excess return.
Diversification does not ensure a profit or guarantee against a loss.
The fund’s primary benchmark index, the MSCI All Country World Index, is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. This index calculates reinvested dividends net of withholding taxes using Luxembourg tax rates. The Index consists of 46 country indices comprising 23 developed and 23 emerging market country indices. Indices are unmanaged and do not incur fees. It is not possible to invest directly in an index.
The fund’s secondary benchmark is a blend of 60% MSCI All Country World Index Net/40% Bloomberg Global Aggregate Index. The Bloomberg Global Aggregate Index provides a broad-based measure of the global investment-grade fixed income markets. The three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. This Index also includes Eurodollar and Euro-Yen corporate bonds, Canadian government, agency and corporate securities, and USD investment grade 144A securities. Indices are unmanaged. It is not possible to invest directly in an index.
Source: MSCI. Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.
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Class N shares of the fund are subject to a $1,000,000 initial investment minimum. There is no initial investment minimum for Certain Retirement Plans and funds of funds that are distributed by Natixis Distribution, LLC (the “Distributor”).
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 on this website. Read it carefully.
Natixis Distribution, LLC (fund distributor, member FINRA|SIPC) and Loomis, Sayles & Company, L.P. are affiliated.
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