Additional Disclosures


This information was prepared for institutional investors and may not be distributed to anyone else without the express consent of Natixis.  It has been prepared solely for informational and illustrative purposes and is not to be used or considered as (i) an offer to sell, or a solicitation of an offer to buy, any security or product or (ii) the provision of an offer to provide investment services, in any state or country where such an offer, solicitation or provision would be illegal.  Any levels provided are purely indicative and are not tradeable.  Nothing in this email or any attachment hereto (this “material”) constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate to your individual circumstances.  Each individual or entity who receives this material or participates in any future transaction shall be responsible for obtaining all appropriate advice and shall be responsible for making its own independent investigation and appraisal of the risks, benefits and suitability of any transaction as to itself.  Natixis and its affiliates, officers, directors and employees, including persons involved in the preparation or issuance of this material, may, from time to time, have long or short positions in, and buy or sell the securities or products mentioned in this material.  

Distribution to retail investors is prohibited.  This material is confidential and any redistribution is prohibited.

Any past performance data shown in this material may include performance data derived from backtesting simulations.  Any simulated past performance data is hypothetical, provided for illustrative purposes only and is not indicative of future results.  Actual performance may vary significantly from past performance data.  Past performance data results cannot account for all financial risk that may affect actual performance.

Certain information relating to parties other than Natixis or taken from external sources has not been subject to independent verification, and Natixis makes no warranty as to the accuracy, fairness or completeness of any such information or opinions in this material.  Neither Natixis nor its representatives shall be liable for any errors or omissions or for any harm resulting from the use of this material, the content of this material, or any document or information referred to in this material.

Options Disclosure.  This material may mention options regulated by the U.S. Securities and Exchange Commission.  Before buying or selling options you should obtain and review the current version of the Options Clearing Corporation disclosure document, Characteristics and Risks of Standardized Options.  A copy of the document can be obtained upon request from Natixis Securities Americas LLC, 1251 Avenue of the Americas, New York, NY 10020 or by navigating to the following link:

CFTC Disclosure.  In any instance where distribution of this communication is subject to the rules of the US Commodity Futures Trading Commission (“CFTC”), this communication constitutes an invitation to consider entering into a derivatives transaction under U.S. CFTC Regulations §§ 1.71 and 23.605, where applicable, but is not a binding offer to buy/sell any financial instrument.

IRS Circular 230 Disclosure.  Natixis and its employees are not in the business of providing, and do not provide, tax or legal advice to any taxpayer outside of Natixis.  Any statements in this communication relating to tax matters were not intended or written to be used, and cannot be used or relied upon, by any taxpayer for the purpose of avoiding tax penalties.  Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.