Class
N: MRLTX |
Class
I: MRLSX |
Class
Z: MRLIX |
|
Class
N |
Class
I |
Class
Z |
Management
Fee |
% |
% |
% |
Distribution
and Service (12b-1)
Fees |
% |
|
|
Other
Expenses |
% |
% |
% |
Total
Annual Fund Operating
Expenses |
% |
% |
% |
Fee
Waiver and Expense Reimbursements1 |
( |
( |
( |
Total
Annual Fund Operating
Expenses
After Fee Waiver and Expense
Reimbursements1 |
% |
% |
% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N |
$ |
$ |
$ |
$ |
Class
I |
$ |
$ |
$ |
$ |
Class
Z |
$ |
$ |
$ |
$ |
Average
Annual Total Returns as of
12/31/23 | |||
AMG
Renaissance Large Cap Growth
Fund |
1
Year |
5
Years |
10
Years |
Class
N
Return
Before Taxes |
|
|
|
Class
N
Return
After Taxes on Distributions |
|
|
|
Class
N
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
Class
I
Return
Before Taxes |
|
|
|
Average
Annual Total Returns as of 12/31/23 (continued) | |||
AMG
Renaissance Large Cap Growth
Fund |
1
Year |
5
Years |
10
Years |
Class
Z
Return
Before Taxes |
|
|
|
Russell
1000® Growth Index
(reflects
no deduction for fees,
expenses,
or taxes) |
|
|
|
|
If
you wish to open an account
and
buy shares*... |
If
you wish to add shares
to
your account*... |
If
you wish to sell shares*
†... |
Through
your registered
investment
professional: |
Contact
your investment advisor or
other
investment professional |
Send
any additional monies to your
investment
professional to the
address
on your account statement |
Contact
your investment advisor or
other
investment professional |
On
your own:
By
mail |
Complete
the account application,
then
mail the application and a
check
payable to AMG Funds to: AMG
Funds
c/o
BNY Mellon Investment Servicing
(US)
Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 |
Send
a letter of instruction and a
check
payable to AMG Funds to: AMG
Funds
c/o
BNY Mellon Investment Servicing
(US)
Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 (Include
your account number and
Fund
name on your check) |
Write
a letter of instruction containing: • Name
of the Fund • Dollar
amount or number of
shares
you wish to sell • Your
name • Your
account number • Signatures
of all account owners Mail
your letter to:
AMG
Funds
c/o
BNY Mellon Investment
Servicing
(US) Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 |
By
telephone |
Not
available |
If
your account has already been
established,
call the transfer agent at
800.548.4539 |
If
you elected telephone redemption
privileges
on your account application,
call
us at 800.548.4539. Telephone
redemptions
are available only for
redemptions
of less than $100,000 for
Class
N shares and Class I shares and
less
than $250,000 for Class Z shares. |
Over
the Internet |
Not
available |
If
your account has already been
established
and ACH banking
instructions
are on file, go to our
website
at wealth.amg.com |
Go
to our website at
wealth.amg.com.
Internet redemptions
are
available only for redemptions of
less
than $100,000 for Class N shares
and
Class I shares and less than
$250,000
for Class Z shares. |
By
bank wire |
Call
us at 800.548.4539 for
instructions |
Call
us at 800.548.4539 for
instructions |
Available
if bank wire instructions are
on
file for your account |
Share
Class |
Initial
Investment |
Additional
Investments |
Class
N: |
|
|
• Regular
Accounts |
$2,000 |
$100 |
• Individual
Retirement Accounts |
$1,000 |
$100 |
Class
I: |
|
|
• Regular
Accounts |
$100,000 |
$100 |
• Individual
Retirement Accounts |
$25,000 |
$100 |
Class
Z: |
|
|
• Regular
Accounts |
$5,000,000 |
$1,000 |
• Individual
Retirement Accounts (Direct Accounts Only) |
$50,000 |
$1,000 |
|
For
the fiscal years ended December 31, | ||||
Class
N |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$14.28 |
$18.41 |
$15.31 |
$13.01 |
$10.48 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.01 |
0.03 |
0.00
3,4 |
0.01 |
0.06 |
Net
realized and unrealized gain (loss) on investments |
3.55 |
(3.16
) |
4.57 |
3.04 |
3.61 |
Total
income (loss) from investment operations |
3.56 |
(3.13
) |
4.57 |
3.05 |
3.67 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.01
) |
(0.02
) |
(0.00
)3 |
(0.02
) |
(0.08
) |
Net
realized gain on investments |
(1.22
) |
(0.98
) |
(1.47
) |
(0.73
) |
(1.06
) |
Total
distributions to shareholders |
(1.23
) |
(1.00
) |
(1.47
) |
(0.75
) |
(1.14
) |
Net
Asset Value, End of Year |
$16.61 |
$14.28 |
$18.41 |
$15.31 |
$13.01 |
Total
Return2,5 |
25.04
% |
(17.05
)% |
30.02
% |
23.54
% |
35.16
% |
Ratio
of net expenses to average net assets6 |
1.00
% |
1.00
% |
1.00
% |
1.00
% |
1.00
%7 |
Ratio
of gross expenses to average net assets8 |
1.12
% |
1.15
% |
1.13
% |
1.19
% |
1.17
% |
Ratio
of net investment income to average net assets2 |
0.05
% |
0.22
% |
0.00
%9 |
0.10
% |
0.48
% |
Portfolio
turnover |
35
% |
28
% |
18
% |
28
% |
40
% |
Net
assets end of Year (000's) omitted |
$65,422 |
$56,264 |
$79,490 |
$67,688 |
$63,900 |
|
For
the fiscal years ended December 31, | ||||
Class
I |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$14.46 |
$18.63 |
$15.48 |
$13.14 |
$10.58 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.05 |
0.07 |
0.04
4 |
0.05 |
0.09 |
Net
realized and unrealized gain (loss) on investments |
3.60 |
(3.19
) |
4.62 |
3.07 |
3.64 |
Total
income (loss) from investment operations |
3.65 |
(3.12
) |
4.66 |
3.12 |
3.73 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.05
) |
(0.07
) |
(0.04
) |
(0.05
) |
(0.11
) |
Net
realized gain on investments |
(1.22
) |
(0.98
) |
(1.47
) |
(0.73
) |
(1.06
) |
Total
distributions to shareholders |
(1.27
) |
(1.05
) |
(1.51
) |
(0.78
) |
(1.17
) |
Net
Asset Value, End of Year |
$16.84 |
$14.46 |
$18.63 |
$15.48 |
$13.14 |
Total
Return2,5 |
25.47
% |
(16.87
)% |
30.30
% |
23.90
% |
35.42
% |
Ratio
of net expenses to average net assets6 |
0.73
% |
0.73
% |
0.75
% |
0.75
% |
0.75
%7 |
Ratio
of gross expenses to average net assets8 |
0.85
% |
0.88
% |
0.88
% |
0.94
% |
0.92
% |
Ratio
of net investment income to average net assets2 |
0.32
% |
0.48
% |
0.25
% |
0.35
% |
0.73
% |
Portfolio
turnover |
35
% |
28
% |
18
% |
28
% |
40
% |
Net
assets end of Year (000's) omitted |
$44,970 |
$25,585 |
$12,599 |
$9,414 |
$8,410 |
|
For
the fiscal years ended December 31, | ||||
Class
Z |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$14.18 |
$18.31 |
$15.22 |
$12.94 |
$10.43 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.06 |
0.09 |
0.06
4 |
0.06 |
0.10 |
Net
realized and unrealized gain (loss) on investments |
3.54 |
(3.16
) |
4.56 |
3.01 |
3.60 |
Total
income (loss) from investment operations |
3.60 |
(3.07
) |
4.62 |
3.07 |
3.70 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.06
) |
(0.08
) |
(0.06
) |
(0.06
) |
(0.13
) |
Net
realized gain on investments |
(1.22
) |
(0.98
) |
(1.47
) |
(0.73
) |
(1.06
) |
Total
distributions to shareholders |
(1.28
) |
(1.06
) |
(1.53
) |
(0.79
) |
(1.19
) |
Net
Asset Value, End of Year |
$16.50 |
$14.18 |
$18.31 |
$15.22 |
$12.94 |
Total
Return2,5 |
25.54
% |
(16.83
)% |
30.54
% |
23.90
% |
35.58
% |
Ratio
of net expenses to average net assets6 |
0.66
% |
0.66
% |
0.66
% |
0.66
% |
0.66
%7 |
Ratio
of gross expenses to average net assets8 |
0.78
% |
0.81
% |
0.79
% |
0.85
% |
0.83
% |
Ratio
of net investment income to average net assets2 |
0.39
% |
0.55
% |
0.34
% |
0.44
% |
0.82
% |
Portfolio
turnover |
35
% |
28
% |
18
% |
28
% |
40
% |
Net
assets end of Year (000's) omitted |
$23,943 |
$21,386 |
$20,721 |
$17,068 |
$20,372 |
1 |
Per
share numbers have been calculated using average
shares. |
2 |
Total
returns and net investment income would have been lower had certain
expenses not been offset. |
3 |
Less
than $0.005 or $(0.005) per share. |
4 |
Includes
non-recurring dividends. Without these dividends, net investment income
(loss) per share would have been $(0.02), $0.02, and $0.04 for
Class
N, Class I and Class Z, respectively. |
5 |
The
total return is calculated using the published Net Asset Value as of
fiscal year end. |
6 |
Includes
reduction from broker recapture amounting to less than 0.01% for the
fiscal years ended December 31, 2023, 2022, 2021 and 2020, and
0.01%
for the fiscal year ended December 31, 2019,
respectively. |
7 |
Includes
interest expense of 0.01% of average net assets. |
8 |
Excludes
the impact of expense reimbursement or fee waivers and expense
reductions such as brokerage credits, but includes expense repayments
and
non-reimbursable expenses, if any, such as interest, taxes, and
extraordinary expenses. |
9 |
Less
than 0.005%. |