On April 4, 2019, the Board of Trustees of AMG Funds approved a plan to liquidate and terminate AMG Systematic Mid Cap Value Fund (the “Fund”) (the “Liquidation”), which is expected to occur on or about June 4, 2019 (the “Liquidation Date”). Effective on or about April 8, 2019, it is expected that the Fund will begin selling its portfolio investments and will invest the proceeds in cash and cash equivalents, in anticipation of the Liquidation. Proceeds of the Liquidation are expected to be distributed to shareholders of the Fund promptly following the Liquidation Date in full redemption of each shareholder’s shares of the Fund.
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