A new offering from AMG Funds uses an Environmental, Social, and Governance (ESG) investment approach to seek long-term capital appreciation. The AMG Boston Common Global Impact Fund aims to offer investors an opportunity to invest globally in high quality, undervalued companies that produce products and services aimed at helping solve some of the world’s most pressing problems. The Fund’s managers believe its approach, which focuses on the ESG strength of the companies in which it invests, will potentially offer attractive returns over the long run as demand for progress toward a more sustainable and just world continues to grow. The Explosive Growth of ESG Since the 1990s, there has been a growing movement among investors to “vote with their wallets” in support of companies that are making a positive impact on the world. The term ESG is the latest label for this approach. Early on, these socially responsive investments excluded companies from their universe of options that were perceived as causing harm, such as those in the tobacco, alcohol, and gambling industries. The category has evolved to include not only funds that avoid “sin stocks,” but also those that actively pursue companies that are making a positive impact. The Practical Side of Sustainability Though many investors choose ESG funds for moral reasons, there are also practical considerations as well. For example, companies that pursue excellence in environmental, social, and governance practices may be more likely to maintain advantages over companies in the same industry that are not pursuing those goals. That kind of advantage can lead to better performance over time. At a minimum, companies pursuing ESG goals will be less likely to run into unexpected costs due to being poorly managed. Top Goals of an ESG Approach Seeks to make a positive impact on the world while earning competitive returns. Invests in better-quality companies that may generate higher returns over time. Avoids unwanted risk in terms of exposure to companies that are being mismanaged. Finds opportunities linked to global mega-trends that are taking place. A Closer Look at Boston Common Asset Management Boston Common Asset Management (BCAM) is a women-led, majority employee-owned firm dedicated to ESG investing. Combining financial and ESG analysis, BCAM identifies innovative companies offering attractive, risk-adjusted returns driven by products or services that generate positive impact. A leader in shareowner engagement, BCAM uses its investor voice to create improvements in policies, processes, and products. learn more about BCAM’s philosophy & approach BRWIX Boston Common Global Impact Fund A high-conviction, global equity portfolio seeking alpha-generating impact opportunities by investing in social and environmental solutions providers whose products and services can facilitate the transition to a more just, sustainable world. learn more about the fund Investors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.548.4539 or visit amgfunds.com for a free Prospectus. Read it carefully before investing or sending money. Active and frequent trading of a fund may result in higher transaction costs and increased tax liability. The Fund invests in growth stocks, which may be more sensitive to market movements because their prices tend to reflect future investor expectations rather than just current profits. Growth stocks may underperform value stocks given periods. Investments in international securities are subject to certain risks of overseas investing including currency fluctuations and changes in political and economic conditions, which could result in significant market fluctuations. These risks are magnified in emerging markets. Companies that are in similar industry sectors may be similarly affected by particular economic or market events; to the extent the Fund has substantial holdings within a particular sector, the risks associated with that sector increase. The Fund is subject to risks associated with investments in small capitalization companies, such as erratic earnings patterns, competitive conditions, limited earnings history, and a reliance on one or a limited number of products. The Fund is subject to currency risk resulting from fluctuations in exchange rates that may affect the total loss or gain on a non-U.S. dollar investment when converted back to U.S. dollars. Market prices of investments held by the Fund may fall rapidly or unpredictably due to a variety of economic or political factors, market conditions, disasters or public health issues, or in response to events that affect particular industries or companies. Changes in the general political and social environment of a country can have substantial affects on the value of investments exposed to that country. The Fund is subject to the risks associated with investments in emerging markets, such as erratic earnings patterns, economic and political instability, changing exchange controls, limitations on repatriation of foreign capital, and changes in local governmental attitudes toward private investment, possibly leading to nationalization or confiscation of investor assets. Applying the Fund’s ESG investment criteria may result in the selection or exclusion of securities of certain issuers for reasons other than performance, and the Fund may underperform funds that do not utilize an ESG investment strategy. The application of this strategy may affect the Fund’s exposure to certain companies, sectors, regions, countries, or types of investments, which could negatively impact the Fund’s performance depending on whether such investments are in or out of favor. Applying ESG criteria to investment decisions is qualitative and subjective by nature, and there is no guarantee that the criteria utilized by the Subadviser or any judgment exercised by the Subadviser will reflect the beliefs or values of any particular investor. The Fund may not be able to dispose of particular investments, such as illiquid securities, readily at favorable times or prices, or the Fund may have to sell them at a loss. The Fund is subject to risks associated with investments in mid capitalization companies such as greater price volatility, lower trading volume, and less liquidity than the stocks of larger, more established companies. The Fund invests in value stocks, which may perform differently from the market as a whole and may be undervalued by the market for a long period of time.