Investment Approach

AMG Yacktman Special Opportunities Fund

The Fund seeks to benefit from a flexible investment mandate resulting in a broad opportunity set for generating new ideas. The unconstrained, global investment universe includes all market capitalizations. The investment process focuses on:

• Absolute value, investing in undervalued businesses based on intrinsic value rather than relative value versus a benchmark or peer group
• Bottom-up, fundamental stock research and business analysis
• Thorough examination of company history over long periods
• Estimation of normalized earnings and business quality
• High conviction ideas resulting in a concentrated portfolio
• Long-term time horizon with an investment goal of achieving attractive risk-adjusted returns over a full business cycle

Additional Fund Highlight

Maintains a long-term investment horizon and is agnostic to index constituents and sector weights.