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LOOMIS SAYLES FUNDS
SUPPLEMENT DATED SEPTEMBER 1, 2000 TO THE
LOOMIS SAYLES FIXED INCOME FUNDS PROSPECTUS
DATED FEBRUARY 1, 2000
1. The following replaces the information for the Loomis Sayles Global Bond
Fund under the "Portfolio Managers" section in the prospectus:
LOOMIS SAYLES GLOBAL BOND FUND Kenneth Buntrock and David Rolley, Vice
Presidents of Loomis Sayles, have served as portfolio managers of the Fund since
September 2000.
2. The following replaces the fourth bullet point under "How to Purchase
Shares":
- THROUGH A BROKER-DEALER You may purchase shares of the Funds through a
broker-dealer that has been approved by Loomis Sayles Distributors, L.P.,
which can be contacted at One Financial Center, Boston, MA 02111
(800-633-3330). Your broker-dealer may charge you a fee for effecting such
transactions.
3. The following replaces the second to last full paragraph on page 35 of
the prospectus:
A Fund may periodically close to new purchases of shares or refuse any order
to buy shares if the Fund determines that doing so would be in the best
interests of the Fund and its shareholders. In particular, a Fund will
ordinarily reject any purchase order that appears to be part of a pattern of
transactions intended to take advantage of short-term swings in the market.
The following replaces the second paragraph under the heading "How to Redeem
Shares":
Your redemption proceeds generally will be sent to you via first class mail
on the business day after your request is received. Because large redemptions
are likely to require liquidation by the Fund of portfolio holdings, payment for
large redemptions may be delayed for up to seven days to provide for the orderly
liquidation of such holdings. Under unusual circumstances, a Fund may suspend
redemptions or postpone payment for more than seven days. Although most
redemptions are made in cash, as described in the Statement of Additional
Information, each Fund reserves the right to redeem shares in kind.
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LOOMIS SAYLES FUNDS
SUPPLEMENT DATED SEPTEMBER 1, 2000 TO THE
LOOMIS SAYLES HIGH YIELD FUND PROSPECTUS
DATED FEBRUARY 1, 2000
1. The following replaces the fourth bullet point under "How to Purchase
Shares":
- THROUGH A BROKER-DEALER You may purchase shares of the Funds through a
broker-dealer that has been approved by Loomis Sayles Distributors, L.P.,
which can be contacted at One Financial Center, Boston, MA 02111
(800-633-3330). Your broker-dealer may charge you a fee for effecting such
transactions.
2. The following replaces the second to last paragraph on page 21 of the
prospectus:
The Fund may periodically close to new purchases of shares or refuse any
order to buy shares if the Fund determines that doing so would be in the best
interests of the Fund and its shareholders. In particular, the Fund will
ordinarily reject any purchase order that appears to be part of a pattern of
transactions intended to take advantage of short-term swings in the market.
3. The following replaces the second paragraph under the heading "How to
Redeem Shares":
Your redemption proceeds generally will be sent to you via first class mail
on the business day after your request is received. Because large redemptions
are likely to require liquidation by the Fund of portfolio holdings, payment for
large redemptions may be delayed for up to seven days to provide for the orderly
liquidation of such holdings. Under unusual circumstances, the Fund may suspend
redemptions or postpone payment for more than seven days. Although most
redemptions are made in cash, as described in the Statement of Additional
Information, the Fund reserves the right to redeem shares in kind.
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LOOMIS SAYLES FUNDS
SUPPLEMENT DATED SEPTEMBER 1, 2000 TO THE
LOOMIS SAYLES EQUITY FUNDS PROSPECTUS
DATED FEBRUARY 1, 2000, AS REVISED AUGUST 1, 2000
1. The following replaces the information for the Loomis Sayles Worldwide
Fund under the "Portfolio Managers" section in the prospectus:
LOOMIS SAYLES WORLDWIDE FUND Daniel J. Fuss, President of Loomis Sayles
Funds and Vice Chairman of Loomis Sayles, has served as portfolio manager of the
domestic fixed income securities sector of the Fund since its inception in 1996.
David Rolley, Vice President of Loomis Sayles, has served as served as portfolio
manager of the international fixed income securities sector of the Fund since
September 2000. Quentin P. Faulkner, Vice President of Loomis Sayles and Loomis
Sayles Funds, has served as portfolio manager of the domestic equity securities
sector of the Fund since its inception in 1996. Alex Muromcew, John Tribolet,
and Eswar Menon, Vice Presidents of Loomis Sayles and Loomis Sayles Funds, have
served as portfolio managers of the international equity securities sector of
the Fund since 1999.
2. The following replaces the fourth bullet point under "How to Purchase
Shares":
- THROUGH A BROKER-DEALER You may purchase shares of the Funds through a
broker-dealer that has been approved by Loomis Sayles Distributors, L.P.,
which can be contacted at One Financial Center, Boston, MA 02111
(800-633-3330). Your broker-dealer may charge you a fee for effecting such
transactions.
3. The following replaces the second to last paragraph on page 42 of the
prospectus:
A Fund may periodically close to new purchases of shares or refuse any order
to buy shares if the Fund determines that doing so would be in the best
interests of the Fund and its shareholders. In particular, a Fund will
ordinarily reject any purchase order that appears to be part of a pattern of
transactions intended to take advantage of short-term swings in the market.
4. The following replaces the second paragraph under the heading "How to
Redeem Shares":
Your redemption proceeds generally will be sent to you via first class mail
on the business day after your request is received. Because large redemptions
are likely to require liquidation by the Fund of portfolio holdings, payment for
large redemptions may be delayed for up to seven days to provide for the orderly
liquidation of such holdings. Under unusual circumstances, a Fund may suspend
redemptions or postpone payment for more than seven days. Although most
redemptions are made in cash, as described in the Statement of Additional
Information, each Fund reserves the right to redeem shares in kind.
