NEFSX Fees and Costs — Natixis U.S. Equity Opportunities Fund, Class A
Data updated: 2026-08-28
The net expense ratio is 1.06%: a 0.67% management fee, a 0.25% 12b-1 fee plus 0.14% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $216K in broker commissions, 0.0177% of average net assets, and portfolio turnover was 38%.
NEFSX Fees and Expenses
Annual operating expenses and sales charges of NEFSX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NEFSX Costs Over Time
On $10,000 invested in NEFSX, assuming 5% a year before costs, total costs come to $1,368 over 5 years, cutting the return by 2.35% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.06%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $29 | $107 | $217 |
| Total costs | $710 | $1,015 | $1,368 |
| Value after costs | $9,790 | $10,562 | $11,395 |
| Impact on return, per year | 7.10% | 3.16% | 2.35% |
NEFSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0177%
- Total broker commissions: $216K
- Bought from dealers (principal trades, not a cost): $6.3B
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
NEFSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $39K | 21.12% |
| Liquidnet, Inc. | $26K | 14.22% |
| Barclays Capital Inc. | $23K | 12.61% |
| UBS Securities LLC | $20K | 11.18% |
| Jefferies LLC | $19K | 10.45% |
| BofA Securities, Inc. | $18K | 9.89% |
| J.P. Morgan Securities LLC | $12K | 6.38% |
| Citigroup Global Markets Inc. | $10K | 5.62% |
| RBC Capital Markets, LLC | $9K | 4.68% |
| Wells Fargo Securities, LLC | $7K | 3.88% |
NEFSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $6.3B | 100.00% |
Natixis U.S. Equity Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NESNX | Class N | 0.75% | none |
| NESYX | Class Y | 0.81% | none |
| NEFSX | Class A | 1.06% | 5.75% |
| NUSTX | Class T | 1.07% | 2.50% |
| NECCX | Class C | 1.81% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.