Natixis Investment Managers’ Board of Trustees of the Natixis ETF Trust has decided to liquidate and close the Natixis Seeyond International Minimum Volatility ETF (the "Fund") based on the recommendation of the Fund’s adviser, Natixis Advisors, L.P. ("Natixis Advisors"). Natixis Advisors believes it cannot continue to operate the Fund in an economically efficient manner due to its low investment assets. As a result, the Board concluded that liquidating and closing the Fund would be in the best interest of the Fund and its shareholders.
Proceeds of the liquidation are currently expected to be sent to shareholders of the Fund on or about December 16, 2020 (the "Liquidation Date"). Effective as of the close of business on December 8, 2020, the Fund will no longer accept orders for the purchase of creation units. It is expected that the Fund will cease trading on NYSE Arca, Inc. ("NYSE Arca") on or about December 8, 2020 after the market close, and subsequently will be delisted.
In connection with the liquidation, any shares of the Fund outstanding on the Liquidation Date will be automatically terminated and canceled on the Liquidation Date. After payment (or setting aside for later payment) of the Fund’s obligations, shareholders who remain in the Fund until the Liquidation Date will receive a liquidation distribution based on the current net asset value of the shares of the Fund that such shareholder then holds. The Fund may or may not, depending upon its circumstances, pay one or more dividends or other distributions prior to or along with the liquidation payment on the Liquidation Date.
Shareholders of the Fund may sell their shares of the Fund on the NYSE Arca until the market close on December 8, 2020 and may incur customary transaction fees from their broker-dealer in connection with such sales. There is not expected to be any market for the purchase or sale of the Fund’s shares between December 8, 2020 and the Liquidation Date. Between December 8, 2020 and the Liquidation Date, the Fund will be in the process of closing down and liquidating its portfolio. This process will result in the Fund increasing its cash holdings and, as a consequence, not pursuing its investment objective.
For more information, shareholders of the Fund may call 1-800-458-7452.
Natixis Seeyond International Minimum Volatility ETF
NYSE Arca, Inc.
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of more than 20 specialized investment managers globally, we apply Active Thinking® to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis Investment Managers ranks among the world’s largest asset management firms1 with more than $1 trillion assets under management2 (€906.0 billion).
Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms include AEW; Alliance Entreprendre; AlphaSimplex Group; DNCA Investments;3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; H2O Asset Management; Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; Vega Investment Managers;4 and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions, and Natixis Advisors offers other investment services through its AIA and MPA division. Not all offerings available in all jurisdictions. For additional information, please visit Natixis Investment Managers’ website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers’ distribution and service groups include Natixis Distribution, L.P., a limited purpose broker-dealer and the distributor of various U.S. registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
ALPS Distributors, Inc. is the distributor of the Natixis Seeyond International Minimum Volatility ETF. Natixis Distribution, L.P. is a marketing agent. ALPS Distributors, Inc. is not affiliated with Natixis Distribution, L.P.
Before investing, consider the fund's investment objectives, risks, charges, and expenses. Visit im.natixis.com/ETFs for a prospectus or a summary prospectus containing this and other information. Read it carefully.
1 Cerulli Quantitative Update: Global Markets 2020 ranked Natixis Investment Managers as the 17th largest asset manager in the world based on assets under management as of December 31, 2019.
2 Assets under management ("AUM") as of June 30, 2020 is $1,017.7 billion. AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.
3 A brand of DNCA Finance.
4 A wholly-owned subsidiary of Natixis Wealth Management.
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