Effective February 27, 2017, the share classes offered and/or fees paid by certain of our Funds are being restructured to better align with the needs of our investors. These changes may affect the amount of fees you will pay as an investor. Please review the Fund's prospectus for details.
Effective February 27, 2017, the Fund's Principal Investment Strategies changed from a small cap growth investment strategy to one that primarily invests in common stock and preferred stock of U.S. small- and mid-capitalization companies with either growth or value-oriented characteristics.
N shares of the Fund are only available for sale to the public in the states of AK, AL, AR, CA, CO, CT, DE, FL, GA, GU, HI, ID, IL, IN, KS, KY, LA, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OR, PA, RI, SC, UT, VA, VI, and WY.
Fund Facts (as of 3/31/2017)
||Small- and Mid-Cap Equity
||Russell 2500™ Index
||GW&K Investment Management
|Fund Net Assets:
Share Class Facts
(Gross / Net)
|4.54% / 0.96%
Initial / Subsequent
|$100,000 / $100
|Minimum IRA Investment:
Initial / Subsequent
|$25,000 / $100
|Maximum Sales Charges:
Prior to February 27, 2017, the Fund's benchmark was the Russell 2000 Growth Index.
Prior to October 1, 2016, the Fund’s I shares were known as Institutional shares.
The Fund's investment manager has contractually agreed, through at least May 1, 2018, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.
Learn more about share classes offered by AMG Funds.
The Fund seeks to focus on quality small- and mid-capitalization companies with sound management and long-term sustainable growth regardless of style. In selecting companies for the Fund, the Subadviser looks for firms with the following key attributes:
- Experienced, tenured, high quality management
- Business models that deliver consistent long-term growth
- Leading companies in attractive and defensible niche markets
- Strong financial characteristics
- Appropriate valuation
Various factors may lead the Subadviser to consider selling a particular security, such as a significant change in the relevant company’s senior management or its products, a deterioration in its fundamental characteristics, if the company has corporate governance issues, or if the Subadviser believes the security has become overvalued. Under normal circumstances, the Fund invests at least 80% of its net assets.
Where This Fund May Fit As Part Of Your Asset Allocation
The Fund may be appropriate for your overall investment allocation if you are:
- Looking to gain exposure to a wide range of small-cap equities in your portfolio
- Seeking exposure to growth-oriented investments
- Seeking long-term capital appreciation
- Willing to accept short-term volatility of returns
* Prior to February 27, 2017, the Fund was known as AMG GW&K Small Cap Growth Fund
Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.