AMG Funds I’s AMG Boston Common Global Equity Fund caps Class I annual operating expenses after fee waivers at 0.93%, compared with gross expenses of 0.95%. The arrangement matters because it limits specified fund costs through February 1, 2027, while investors still face management and other expenses, along with possible intermediary fees.

Key Highlights

  • The fund’s Class I management fee is 0.73%, while other expenses are 0.22%.
  • AMG Funds LLC’s expense limitation applies through February 1, 2027, subject to later reimbursement provisions.
  • Class I investors face minimum initial investments of $2,000 for regular accounts and $1,000 for individual retirement accounts.

The fund seeks long-term Capital appreciation and is identified as Class I: BRWIX. Its name was changed from AMG Boston Common Global Impact Fund.

Class I Fees and Expense Limitation

The Class I management fee is 0.73%, while other expenses are 0.22% and distribution and service fees are none. AMG Funds LLC has agreed to waive management fees or cover expenses through February 1, 2027, to maintain the 0.93% expense cap, excluding specified costs such as taxes, interest, brokerage commissions, Transaction Costs and extraordinary expenses. The fund’s expense example assumes an initial Investment of $10,000. Boston Common Asset Management, LLC serves as subadviser. Praveen Abichandani, Matt Zalosh and Liz Su have been portfolio managers since March 2021, while Kim Ryan has served as a portfolio manager since March 2025.

Minimums, Trading and Intermediary Payments

Class I investors need at least $2,000 for a regular account or $1,000 for an individual retirement account, with additional investments starting at $100. Shares may be bought, sold or exchanged on days when the New York Stock Exchange is open through an investment professional or directly from the fund. Distributions may be taxable as ordinary income or capital gains outside tax-advantaged plans. The Fund and its related companies, including AMG Funds LLC, AMG Distributors, Inc. and the subadviser, may pay financial intermediaries for sales and related services.