PT Yacktman Webinar 2Q 2016
PT Yacktman Webinar 2Q 2016
PT Yacktman Webinar 2Q 2016
An AMG Affiliate
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
Funds Performance
Average Annual Returns (%)1,2 (as of 06/30/16)
QTD
YTD
1 YR
5 YR
10 YR
15 YR
2.23
6.73
7.05
9.35
10.52
11.84
2.23
6.79
7.19
2.40
6.57
5.92
9.53
10.12
11.22
2.46
3.84
3.99
12.10
7.42
5.75
The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance
may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so
that an investors shares, when redeemed, may be worth more or less than their original cost. For performance information through the
most recent month end, please call 800.835.3879 or visit our web site at www.amgfunds.com.
1 Returns
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%
Yacktman Fund
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
03/27/00 to 03/26/02
Cumulative Annualized
Return
Return
57.71
25.47
8.31
4.05
46.57
20.98
13.95
6.71
-23.56
-12.52
-28.17
-15.17
The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may
be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an
investors shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent
month end, please call 800.835.3879 or visit our web site at www.amgfunds.com.
1 Returns
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
Positioning
AMG Yacktman Focused Fund (YAFFX, YAFIX)
Top Ten Holdings (%)1
Company
% of Net
Assets
12.8
7.8
11.8
PepsiCo Inc
6.7
7.7
6.1
6.8
5.0
PepsiCo Inc
6.6
Oracle Corp
4.9
Oracle Corp
4.9
4.8
4.8
Coca-Cola Co
4.6
4.8
Sysco Corp
4.5
Coca-Cola Co
4.5
Microsoft Corp
4.1
Sysco Corp
4.4
3.9
Total %
71.1
Total %
52.4
Company
17.8
% of Net
Assets
18.4
1 Mention
of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings are subject to change.
Data as of June 30, 2016.
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
Company
Company
Sysco Corp
Sysco Corporation
C. R. Bard Inc
PepsiCo Inc
PepsiCo Inc
Company
Company
Microsoft Corp
Microsoft Corp
Coca-Cola Co
Coca-Cola Co
1 Contributors/Detractors
on an absolute basis.
Data as of June 30, 2016.
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
Wrap-Up
Replay available
Questions? 800-368-4410
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
Disclosures
Investors should carefully consider the Funds investment objectives, risks, charges and expenses before investing. For this
and ther information, please call 800.835.3879 or visit www.amgfunds.com for a free prospectus. Read it carefully before
investing or sending money.
Any sectors, industries, or securities discussed in this audio commentary should not be perceived as investment recommendations. The views expressed represent
the opinions of the portfolio managers as of July 27, 2016, and are not intended as a forecast or guarantee of future results.
Past performance is not an indication of future results.
The securities discussed in this commentary may no longer be held in a portfolio. It should not be assumed that any of the securities transactions discussed were or
will prove to be profitable or that the investment recommendations that the portfolio managers make in the future will be profitable.
Comments discussed may reflect forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks
exist that forecasts or other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could
cause results to differ materially from expectations, estimates and intentions expressed in such forward-looking statements AMG Funds LLC is an investment advisory
firm offering a wide range of investment disciplines and solutions, including mutual funds, separate account strategies and subadvisory services.
The AMG Yacktman Fund and AMG Yacktman Focused Fund are subject to the risks associated with investments in debt securities, such as default risk and
fluctuations in the perception of the debtors ability to pay its creditors.
High-yield bonds (also known as junk bonds) are subject to additional risks such as the risk of default.
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.
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 Funds can invest in securities of different market capitalizations (small-, mid- and large-capitalizations) and styles (growth vs. value), each of which will react
differently to various market movements.
A greater percentage of the AMG Yacktman Focused Funds holdings may be focused in a smaller number of securities, which may place the Fund at greater risk than
a more diversified fund.
A short-term redemption fee of 2% will be charged on redemptions of Fund shares within 60 days of purchase.
The AMG Yacktman Focused Fund may use derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses, and have a
potentially large impact on performance.
The S&P 500 Index is 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. Unlike the Fund, the S&P 500 Index is unmanaged, is not available for
investment and does not incur expenses.
The S&P 500 Index is proprietary data of Standard & Poors, a division of McGraw-Hill Companies, Inc. All rights reserved.
AMG Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC.
For more information, call 800.368.4410.
FOR INVESTMENT PROFESSIONAL USE ONLY - NOT FOR DISTRIBUTION TO OR USE WITH THE GENERAL PUBLIC
063016
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