AMG MANAGERS MONTAG & CALDWELL MID CAP GROWTH FUND CLASS I SHARES (AMMCX) Exchange: NMFQS

DELISTED - The Fund invests primarily in common stocks, convertible preferred stocks, and convertible bonds. Under normal circumstances, the Fund invests at least 80% of its assets in securities of mid-cap companies. The Fund defines a mid-cap company as one having a market capitalization, at the time of acquisition, within the range of market capitalizations of companies constituting the Russell Midcap Growth Index. The composition, and thus the market capitalization range, of the Russell Midcap Growth Index changes periodically. As of May 12, 2017, the date of the latest reconstitution of the Index (implemented by the Index June 23, 2017), the market capitalization range of the Russell Midcap Growth Index was approximately $2.36 billion to $29.39 billion. The Fund may retain a security if, after purchase of the security, the issuer's capitalization falls out of the mid-capitalization range described above. Because of this, the Fund may have less than 80% of its net assets in securities of mid-cap companies at any given time.The subadviser uses a bottom-up approach to stock selection and seeks high quality, well-established mid-cap companies that: Offer a compelling combination of earnings growth and attractive value Sell at a discount to intrinsic value Exhibit above-median near-term relative earnings strength Are leading franchises and have proven management teams, strong finances and attractive long-term secular growth characteristicsThe Fund may invest in foreign securities (directly and through depositary receipts).To manage risk, the subadviser adheres to a structured sell discipline.