Investment Approach

AMG River Road Small Cap Value Fund

Under normal conditions, the Fund invests at least 80% of its assets in small-cap equities deemed out of favor and/or undervalued relative to a company’s prospects for growth or relative to its peers. Target companies will typically have market capitalizations below $4B at the time of purchase; however, the Fund may also invest in mid cap stocks based on the opportunity set. The Fund’s Absolute Value® approach utilizes systematic and dynamic proprietary research to analyze companies based on the following investment criteria:

• Financial strength trading at a discount to assessed valuation
• Shareholder-oriented management teams
• Undiscovered, under-followed, misunderstood companies with attractive business models