The Natixis Sustainable Future series features a suitable glide path but is under-resourced relative to target-date peers. The series maintains a Morningstar Analyst Rating of Neutral.
Natixis Sustainable Future 2020 N NSFDX
NAV / 1-Day Return
10.08
/
0.40
%
Total Assets
4.8 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.550%
Expense Ratio
0.550%
Fee Level
High
Longest Manager Tenure
4.76
years
Category
Target-Date 2020
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
2.31%
Turnover
95%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will NSFDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NSFDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NSFDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of NSFDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This ESG-focused target-date series has had to plug some holes.
