When I was working with new native LUT filter effect placed in Track level of Vegas Pro 15, I found a little color problem on the fading to the 'blank' part of image, where the color goes 'wrong' (White Flash-alike).
The solution to this is to add the Envelope - Compositing Level of Track Level, or, change Pixel Format from 8-bit to 32-bit Video Level.
Hope helps!
(Also posted in Tutorials section)