ARSVX – AMG River Road Small Cap Value N Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal conditions, the fund invests at least 80% of its assets in equity securities of small-cap companies that the subadviser believes are undervalued. Value investing involves buying stocks that are out of favor and/or undervalued in comparison to their peers or their prospects for growth. The fund may also invest in mid-cap companies, which the adviser currently considers to be companies with market capitalizations at the time of acquisition within the range of capitalizations of companies in the Russell Midcap® Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ARSVX	AMG River Road Small Cap Value Fund Class N	No Load	Open			Jun 28, 2005	$33.18M	1.350%	High	$2,000	−$15.72M
ARSIX	AMG River Road Small Cap Value Fund Class I	Institutional	Open			Dec 13, 2006	$803.21M	1.090%	High	$100,000	−$240.61M
ARZMX	AMG River Road Small Cap Value Fund Class Z	Institutional	Open			Sep 29, 2017	$6.31M	1.000%	Above Average	$5M	−$2.32M

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