FOURTEENTH AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT

Exhibit (h)(2)(xvi)

FOURTEENTH AMENDMENT TO

ADMINISTRATIVE SERVICES AGREEMENT

This Amendment made as of September 21, 2010, by and between Natixis Asset Management Advisors, L.P. (“Natixis Advisors”), Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Natixis Cash Management Trust, Xxxxxx Xxxxxx Funds I, Xxxxxx Xxxxxx Funds II, Gateway Trust and Xxxxxxxxxx International Series (collectively, the “Trusts”).

WHEREAS, Natixis Advisors and the Trusts are parties to an Administrative Services Agreement dated January 3, 2005, as amended November 1, 2005, January 1, 2006, July 1, 2007, September 17, 2007, February 1, 2008, February 19, 2008, July 1, 2008, September 29, 2008, October 31, 2008, January 9, 2009, July 27, 2009, February 25, 2010 and July 1, 2010 (together with the amendments, the “Agreement”), governing the terms and conditions under which Natixis Advisors provides certain administrative services to the series of the Trusts; and

WHEREAS, Natixis Advisors and the Trusts desire to amend Schedule A of the Agreement to reflect changes in Trust Portfolios;

NOW THEREFORE, in consideration of the premises and covenants contained herein, Natixis Advisors and the Trusts hereby agree as follows:

1. Section 3(a) of the Agreement is amended and restated as follows:

(a) For the services provided hereunder, the Trusts shall pay Natixis Advisors the greater of the following:

(1) an annual minimum fee of $10,000,000 payable in monthly installments; or

(2) a monthly fee (accrued daily) based on the Trusts’ average daily net assets during the calendar month, such fee being calculated at the annualized rates set forth below:

Average Daily Net Assets		Annualized Fee Rate As  a % of Average Daily Net Assets
$0 - $15 billion			0.0575	%
Next $15 billion			0.0500	%
Next $30 billion			0.0400	%
Over $60 billion			0.0350	%

(3) In addition, each fund for the first twelve months of its operation is subject to an administration fee consisting of a new fund base fee of $75,000 plus $12,500 per class (if multiple classes) and an additional $75,000 fee for each multi-manager fund. The parties understand and agree that the annual minimum set forth in paragraph (3)(a)(1) above will be reviewed annually and the parties will agree to an appropriate adjustment taking into consideration new funds added and funds liquidated or merged out of existence during the year.

2. Schedule A of the Agreement is deleted in its entirety and replaced with Schedule A attached hereto.

3. Except as specifically superseded or modified herein, the terms and provisions of the Agreement shall continue to apply with full force and effect.

4. This Amendment may be executed in one or more counter parts, each of which shall be deemed an original but all of which together will constitute one and the same instrument.

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IN WITNESS WHEREOF, each of the parties has caused this instrument to be executed as a sealed instrument in its name and behalf by its duly authorized representative as of the date first above written.

NATIXIS ASSET MANAGEMENT ADVISORS, L.P.

By Natixis Distribution Corporation, its general partner

By:		/s/ Xxxxx X. Xxxxxx
		Xxxxx X. Xxxxxx, President and Chief Executive Officer

NATIXIS FUNDS TRUST I

NATIXIS FUNDS TRUST II

NATIXIS FUNDS TRUST IV

NATIXIS CASH MANAGEMENT TRUST

XXXXXX XXXXXX FUNDS I

XXXXXX XXXXXX FUNDS II

GATEWAY TRUST

XXXXXXXXXX INTERNATIONAL SERIES

By:		/s Xxxxxxx X. Xxxxxx
		Xxxxxxx X. Xxxxxx, Treasurer

Schedule A

Trust Portfolios

As of: September 30, 2010

Natixis Funds Trust I

Absolute Asia Dynamic Equity Fund

CGM Advisor Targeted Equity Fund

Xxxxxxxxxx International Fund

Natixis Income Diversified Portfolio

Natixis U.S. Diversified Portfolio

Xxxxxx Xxxxxx Core Plus Bond Fund

Xxxxxxx Xxxxxx Small Cap Value Fund

Natixis Funds Trust II

ASG Diversifying Strategies Fund

ASG Global Alternatives Fund

ASG Managed Futures Strategy Fund

Xxxxxx Associates Large Cap Value Fund

Xxxxxx Xxxxxx Multi-Asset Real Return Fund (effective September 30, 2010)

Xxxxxxx Xxxxxx Value Opportunity Fund

Westpeak ActiveBeta^® Equity Fund

Natixis Funds Trust IV

AEW Real Estate Fund

Natixis Cash Management Trust

Natixis Cash Management Trust – Money Market Series

Xxxxxx Xxxxxx Funds I

Xxxxxx Xxxxxx Bond Fund

Xxxxxx Xxxxxx Fixed Income Fund

Xxxxxx Xxxxxx Global Bond Fund

Xxxxxx Xxxxxx High Income Opportunities Fund*

Xxxxxx Xxxxxx Inflation Protected Securities Fund

Xxxxxx Xxxxxx Institutional High Income Fund

Xxxxxx Xxxxxx Intermediate Duration Bond Fund

Xxxxxx Xxxxxx Investment Grade Fixed Income Fund

Xxxxxx Xxxxxx Securitized Asset Fund*

Xxxxxx Xxxxxx Small Cap Value Fund

* With respect to these Funds only, paragraph 3 of the Agreement is revised to provide that Natixis Advisors shall be entitled to reasonable compensation for its services and expenses as Administrator, but Xxxxxx, Xxxxxx & Company, L.P. (“Xxxxxx Xxxxxx), the adviser to the Funds, and not Xxxxxx Xxxxxx Funds I, shall be responsible for payment of such compensation and expenses relating to the Funds, as agreed upon by Xxxxxx Xxxxxx in separate Letter Agreements dated January 3, 2005 and July 1, 2005, respectively.

Xxxxxx Xxxxxx Funds II

Xxxxxx Xxxxxx Mid Cap Growth Fund

Xxxxxx Xxxxxx Growth Fund

Xxxxxx Xxxxxx High Income Fund

Xxxxxx Xxxxxx Investment Grade Bond Fund

Xxxxxx Xxxxxx International Bond Fund

Xxxxxx Xxxxxx Limited Term Government and Agency Fund

Xxxxxx Xxxxxx Disciplined Equity Fund

Xxxxxx Xxxxxx Small Cap Growth Fund

Xxxxxx Xxxxxx Strategic Income Fund

Xxxxxx Xxxxxx Value Fund

Xxxxxx Xxxxxx Global Markets Fund

Xxxxxxxxxx International Series

Xxxxxxxxxx Emerging Markets Fund

Xxxxxxxxxx International Value Fund

Xxxxxxxxxx International Growth Fund

Xxxxxxxxxx International Core Fund

Xxxxxxxxxx All Countries Fund (not operational)

Gateway Trust

Gateway Fund