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Monday, May 2, 2005

CDC Nvest Becomes IXIS

by: Sean Hanna, Editor in Chief

The CDC Nvest Funds are now the IXIS Advisor Funds. The name change for the 21 funds took effect at the start of the month and is part of an effort to more closely align the fund family to the funds' advisors, IXIS Asset Management Advisors.

The fund family also changed its website to www.ixisadvisorfunds.com.

"The changes we have made in the past two years are part of a process designed to streamline our fund family, and ultimately provide investors with more competitive investment choices," said John T. Hailer, president and CEO of IXIS Asset Management Advisors Group.

IXIS Asset Management Advisors Group affiliates include: Active Investment Advisors; AEW Capital Management; Capital Growth Management; Caspian Capital Management; Hansberger Global Investors; Harris Alternatives; Harris Associates; Loomis, Sayles & Company; Reich & Tang Asset Management; Snyder Capital Management; Vaughan Nelson Investment Management; and Westpeak Global Advisors. 

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