Yacktman: An Investment Built for Full Market Cycles

Since 1992, Yacktman Asset Management has navigated multiple market cycles while adhering to an established philosophy of value investing. The world is a risky place. These last several years show that the unexpected often happens very quickly. Few active managers have the experience, patience, and long-term track record of Yacktman. Managers who can lead through full market cycles consistently have a greater likelihood of helping investors achieve their long-term goals. Yacktman’s tried and true strategy has benefited clients’ investment objectives for 30 years.

Download An Investment Built for Full Market Cycles

The Yacktman Team

IMPORTANT INFORMATION

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.



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.


Actively managed portfolios are subject to the risk that security selection or focus on securities in a particular style, market sector or group of companies may cause a portfolio to incur losses or underperform the market. There can be no guarantee that active management will produce the desired result.


Notwithstanding the Fund’s status as “non-diversified” under the Investment Company Act of 1940, the Fund intends to qualify as a regulated investment company (RIC) accorded favorable tax treatment under the Internal Revenue Code of 1986. The Fund’s intention to qualify as a RIC may limit its pursuit of its investment strategy and its investment strategy could limit its ability to so qualify.


The Fund invests in large-capitalization companies that may underperform other stock funds (such as funds that focus on small- and medium-capitalization companies) when stocks of large-capitalization companies are out of favor.


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 small-capitalization companies, such as erratic earnings patterns, competitive conditions, limited earnings history, and a reliance on one or a limited number of products.


Companies that are in similar businesses 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 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.


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.


The Fund is subject to the risks associated with investments in debt securities, such as default risk and fluctuations in the perception of the debtor’s ability to pay its creditors. Changing interest rates may adversely affect the value of an investment.


An increase in interest rates typically causes the value of bonds and other fixed income securities to fall.


High-yield bonds (also known as “junk bonds”) may be subject to greater levels of interest rate, credit, and liquidity risk than investments in higher rated securities. These securities are considered predominantly speculative with respect to the issuer’s continuing ability to make principal and interest payments. The issuers of the Fund’s holdings may be involved in bankruptcy proceedings, reorganizations, or financial restructurings, and are not as strong financially as higher-rated issuers.


The S&P 500® Index is a capitalization-weighted index of 500 stocks. The S&P 500 Index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.


Diversification does not ensure a profit or protect against a loss. This does not constitute investment advice or an investment recommendation.


The Russell 1000® Value Index measures the performance of those Russell 1000 companies with lower price/book ratios and lower forecasted growth values. The stocks are also members of the Russell 3000® Value Index.


The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days.


The indices are unmanaged, are not available for direct investment, and do not incur expenses.


Market Risk—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.

Not FDIC Insured | May Lose Value | Not Bank Guaranteed.

Market Risk—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. 

AMG Funds are distributed by AMG Distributors, Inc., is a member of FINRA/SIPC.