Boston Common Global Impact Fund  (BRWIX)

I

Fund Notice

Effective March 19, 2021, the subadvisers of AMG Managers Brandywine Fund (the "Fund") changed from Friess Associates, LLC and Friess Associates of Delaware, LLC to Boston Common Asset Management, LLC ("Boston Common"). The appointment of Boston Common is pursuant to an interim subadvisory agreement in anticipation of shareholder approval of a definitive subadvisory agreement. Also effective March 19, 2021, the Fund changed its name to AMG Boston Common Global Impact Fund and changed its investment objective, principal investment strategies and principal risks. For more information regarding these and other changes to the Fund, please see the Fund's prospectus.

This is part of a larger strategic business initiative to transition to a fund lineup entirely sub-advised by AMG Affiliates. We believe clients will benefit from a streamlined platform wholly focused on AMG Affiliates’ high-conviction investment offerings, including fee reductions, subject to shareholder approval, across all the strategies involved in the transition. Please see this Fund’s prospectus for further details on the fee reduction.

Fund Overview

Fund Overview

Share Class

I

NAV | as of 04/14/2021

$42.18
-$0.08 (-0.19%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 12/30/1985 to 03/31/2021 = $381,055.52

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

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 investor's 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. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

The MSCI All Country World Index replaced the Russell 3000® Growth Index as the Fund’s benchmark on March 19, 2021 because the Investment Manager and Subadviser believe the new benchmark is more representative of the Fund’s current investment strategies. Also, the previous secondary and tertiary benchmarks, the Russell 3000 Index and the S&P 500 Index, were removed. The benchmarks are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends and do not reflect the impact of advisory fees. The Russell 3000 Growth Index is a widely unmanaged index of market activity based on the aggregate performance of a selected portfolio of publicly trade common stocks and we have included the results of such index to give you a perspective of the historical performance of the U.S. equity market.

Objective

A high-conviction, global equity portfolio seeking alpha-generating impact opportunities by investing in social and environmental solutions providers whose products and services can facilitate the transition to a more just, sustainable world.

Why Consider

  • Seeks to maximize total return by investing in a diversified portfolio of global equities
  • Utilizes an ESG strategy to invest and engage with companies whose products & services enable the transition to a sustainable and just world
  • A high conviction global equity portfolio of investments aligned with UN Sustainable Development Goals (SDG)
Corné Biemans

Corné Biemans

Partner and Portfolio Manager

See Our Approach Read Bio
Matt Zalosh, CFA

Matt Zalosh, CFA

Partner and Chief Investment Officer, International Strategies

See Our Approach Read Bio
Praveen Abichandani, CFA

Praveen Abichandani, CFA

Partner and Portfolio Manager

See Our Approach Read Bio
Liz Su, CFA

Liz Su, CFA

Partner and Portfolio Manager

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

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 investor's 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. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

The MSCI All Country World Index replaced the Russell 3000® Growth Index as the Fund’s benchmark on March 19, 2021 because the Investment Manager and Subadviser believe the new benchmark is more representative of the Fund’s current investment strategies. Also, the previous secondary and tertiary benchmarks, the Russell 3000 Index and the S&P 500 Index, were removed. The benchmarks are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends and do not reflect the impact of advisory fees. The Russell 3000 Growth Index is a widely unmanaged index of market activity based on the aggregate performance of a selected portfolio of publicly trade common stocks and we have included the results of such index to give you a perspective of the historical performance of the U.S. equity market.

Expense Ratios

  • Gross Expense Ratio: 1.11%
  • Net Expense Ratio: 1.11%
  • Expense Cap Expiration Date: N/A

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Mar 24, 2021 $20.283200 $16.488200 $3.795000
      Dec 16, 2020 $8.642900 $0.259400 $8.383500
      Dec 16, 2019 $5.357400 $5.357400
      Oct 30, 2008 $0.114500 $0.114500
      Dec 28, 2007 $0.806360 $0.196940 $0.609420
      Oct 30, 2007 $4.416160 $1.642140 $2.774020
      Dec 28, 2006 $0.179100 $0.179100
      Oct 26, 2006 $0.067520 $0.067520
      Oct 27, 2000 $16.106670 $6.505760 $9.600910
      Dec 21, 1999 $1.643040 $0.245000 $1.398040
      Oct 27, 1999 $1.477710 $1.477710
      Oct 26, 1998 $0.337585 $0.264391 $0.073194
      Oct 27, 1997 $7.023427 $2.660094 $4.363333
      Dec 27, 1996 $0.278871 $0.221060 $0.057811
      Oct 25, 1996 $1.068505 $0.125950 $0.942555
      Oct 26, 1995 $3.844860 $3.101620 $0.743240
      Oct 25, 1994 $1.452550 $1.452550
      Dec 30, 1993 $0.225000 $0.063000 $0.162000
      Oct 25, 1993 $2.647630 $1.369810 $1.277820
      Dec 30, 1992 $0.285200 $0.285200
      Oct 23, 1992 $0.267010 $0.010630 $0.256380
      Dec 30, 1991 $0.110000 $0.030000 $0.065000 $0.015000
      Oct 24, 1991 $2.132950 $0.097100 $1.083850 $0.952000
      Dec 28, 1990 $0.170000 $0.170000
      Oct 24, 1990 $1.106300 $0.110250 $0.996050
      Dec 28, 1989 $0.170000 $0.165000 $0.005000
      Oct 24, 1989 $0.546000 $0.033400 $0.512600
      Oct 24, 1988 $0.038000 $0.038000
      Dec 29, 1987 $0.018700 $0.018700
      Oct 23, 1987 $0.862600 $0.862600
      Oct 23, 1986 $0.029520 $0.029520

Risk & Return Stats

As of: 03/31/2021

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 03/31/2021

Carrier Global Corp 2.66%
Vestas Wind Systems A/S 2.49%
Shimano Inc 2.32%
VMware Inc, Class A 2.08%
Orsted AS 144A 2.06%
Barratt Developments PLC 2.05%
DS Smith PLC 2.02%
Westinghouse Air Brake Technologies Corp 2.02%
Xinyi Solar Holdings Ltd 2.00%
Umicore SA 2.00%
% in Top 10 Holdings 21.70%
View Holding Details Read Important Investment Disclosures

Regional Allocation

As of: 03/31/2021

Investment Approach

Investment Approach

Boston Common Global Impact Fund

Our rigorous research process draws upon information from both traditional and unconventional sources to form a holistic understanding of corporate performance. We integrate comprehensive ESG criteria with financial research to identify sustainable companies that possess long term drivers of success:

  • Visionary management teams with the potential to capitalize on new market opportunities and revenue streams.
  • Productivity and efficiency improvements capable of supporting higher profit margins.
  • The avoidance of unanticipated costs stemming from inadequate attention to ESG risks.
  • As a result, relative to market benchmarks, our process seeks to enhance portfolio quality, return potential, and risk reduction over the long term.
  • We use shareholder leverage to influence corporate and industry practices globally, often in collaboration with coalitions of shareowners and activist organizations. We develop our engagement policy as long-term, global investors and our engagement priorities build on our investment themes of doing more with fewer resources, treating people as assets, and supporting better governance. We believe investors with a deep and long-term understanding of prosperity can use ESG analysis and direct engagement to provide the critical checks and balances that financial markets require to function as efficient and socially beneficial distributors of capital.
  • We have access to high-level management, including, in some cases, board members and CEOs. Over the years, our team has built up a network of contacts at non-governmental organizations around the world. These organizations serve as invaluable sounding boards for us on shareowner engagement issues, and have partnered with us on numerous shareholder initiatives. Through company dialogue and the shareholder proposal process, we bring client concerns to management and actively promote change.
  • We use our voice as assertive, engaged stewards of our investments to challenge companies across all industries to re-direct capital financing capacity, R&D efforts, and ingenuity toward a more sustainable world.

Boston Common Global Impact Fund Introduction

 
An introduction to Boston Investment Management and the AMG Boston Common Global Impact Fund
View Webcast

About

About Boston Common Asset Management

Background

Boston Common Asset Management (BCAM) is a women-led, majority employee-owned firm dedicated to environmental, social, & governance (ESG) investing. Combining financial & ESG analysis, BCAM identifies innovative companies offering attractive, risk-adjusted returns driven by products or services that generate positive impact. A leader in shareowner engagement, BCAM uses its investor voice to create improvements in policies, processes, & products.

Learn More

Founded

2003


Headquarters

Boston, MA


Affiliate Since

2021

Funds to Consider

GWMIX

GW&K Municipal Bond Fund

The Fund seeks to provide current income, exempt from federal income tax, and capital preservation by primarily investing in a portfolio of high-quality municipal bonds.


Overall Morningstar Rating

Rated against 249 Muni National Interm funds as of 03/31/2021
★★★

GWMIX
Bloomberg Barclays 10-Year Municipal Bond Index

Quarterly performance (%) data as of 03/31/2021

Fund Detail Read Important Investment Disclosures

YAFFX

Yacktman Focused Fund

The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies.


Overall Morningstar Rating

Rated against 1138 Large Value funds as of 03/31/2021
★★★★★

YAFFX
Russell 1000® Value Index
S&P 500® Index

Quarterly performance (%) data as of 03/31/2021

Fund Detail Read Important Investment Disclosures

HLMNX

Harding Loevner International Equity Portfolio

The Portfolio seeks long-term capital appreciation through investments in equity securities of companies based outside the United States.


Overall Morningstar Rating

Rated against 383 Foreign Large Growth funds as of 03/31/2021
★★★

HLMNX
MSCI ACWI ex USA Index

Quarterly performance (%) data as of 03/31/2021

Fund Detail Read Important Investment Disclosures

Discover how the boutique advantage helps generate alpha.

Learn More About AMG
  Back To Top