Prior Fund Current Fund Disclosure AMG GW&K Small/Mid Cap Fund AMG GW&K Small/Mid Cap Core Fund Effective March 24, 2023, the Fund’s name changed from AMG GW&K Small/Mid Cap Fund to AMG GW&K Small/Mid Cap Core Fund. Please refer to the prospectus supplement for details. AMG Managers Brandywine Blue Fund AMG Veritas Global Real Return Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Brandywine Blue Fund and had different principal investment strategies and corresponding risks. AMG Managers Brandywine Fund AMG Boston Common Global Impact Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Brandywine Fund, and had different principal investment strategies and corresponding risks. AMG Managers DoubleLine Core Plus Bond Fund AMG Beutel Goodman Core Plus Bond Fund Prior to March 24, 2021, the Fund was known as the AMG Managers DoubleLine Core Plus Bond Fund and had different principal investment strategies and corresponding risks. AMG Managers Fairpointe Mid Cap Fund AMG River Road Mid Cap Value Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Fairpointe Mid Cap Fund and had different principal investment strategies and corresponding risks. AMG Managers FQ Long-Short Fund AMG River Road Large Cap Value Select Fund Prior to March 22, 2021, the Fund was known as the AMG FQ Long-Short Equity Fund, and had different principal investment strategies and corresponding risks. AMG Managers Loomis Sayles Bond Fund AMG GW&K ESG Bond Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Loomis Sayles Bond Fund and had different principal investment strategies and corresponding risks. AMG Managers Montag & Caldwell Growth Fund AMG Montrusco Bolton Large Cap Growth Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Montag & Caldwell Growth Fund and had different principal investment strategies and corresponding risks. AMG Managers Pictet International Fund AMG Beutel Goodman International Equity Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Pictet International Fund, and had different principal investment strategies and corresponding risks. AMG Managers Special Equity Fund AMG Veritas Asia Pacific Fund Prior to March 19, 2021, the Fund was known as the AMG Managers Special Equity Fund and had different principal investment strategies and corresponding risks. AMG Managers Emerging Opportunities Fund AMG Veritas China Fund Prior to May 21, 2021, the Fund was known as the AMG Managers Emerging Opportunities Fund and had different principal investment strategies and corresponding risks. AMG FQ Tax-Managed U.S. Equity Fund AMG Veritas Global Focus Fund Prior to May 21, 2021, the Fund was known as the AMG FQ Tax-Managed U.S. Equity Fund and had different principal investment strategies and corresponding risks. AMG Managers Cadence Emerging Companies Fund AMG GW&K Global Allocation Prior to April 17, 2020, the Fund was known as the AMG Chicago Equity Partners Balanced Fund, and had different principal investment strategies and corresponding risks. AMG Managers Skyline Special Equities Fund AMG GW&K Small Cap Value Prior to December 4, 2020, the Fund was known as the AMG Managers Skyline Special Equities Fund, and had different principal investment strategies and corresponding risks. AMG Managers Global Income Opportunity Fund AMG GW&K High Income Prior to December 4, 2020, the Fund was known as the AMG Managers Global Income Opportunity Fund, and had different principal investment strategies and corresponding risks.