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Friess Retirement Plan Files Preliminary Proxy Materials Opposing Replacement of Brandywine Fund Managers

Posted on 252 Friess Associates, LLC 401(k) Retirement Plan (the “Friess Plan”), together with certain other participants identified herein (collectively, the “Participants,” “we,” “us” or “our”), today announced that it has filed a preliminary proxy statement in connection with the upcoming combined special meeting of shareholders (the “Meeting”), currently scheduled for May 18, 2021, of (i) AMG Boston Common Global Impact Fund (formerly AMG Managers Brandywine Fund) (the “Global Impact Fund”) and (ii) AMG Veritas Global Real Return Fund (formerly AMG Managers Brandywine Blue Fund) (the “Global Real Return Fund”) (each, a “Fund” and collectively, the “Funds”). The Funds are each a series of AMG Funds I (“AMG Funds I” or the “Trust”) and are managed by AMG Funds LLC (the “Investment Manager”), a subsidiary of Affiliated Managers Group, Inc. (“AMG”).

Termination prompts Freiss to target shareholder votes in 2 AMG funds

Termination prompts Freiss to target shareholder votes in 2 AMG funds Getty Images Friess Associates LLC s 401(k) plan filed a preliminary proxy statement urging shareholders of two mutual funds managed by Affiliated Managers Group to reject the retroactive termination of Friess as a subadviser for the funds. The statement is being made in connection with the upcoming special meeting for shareholders of the AMG Boston Common Global Impact Fund and AMG Veritas Global Real Return Fund on May 18, according to a news release Thursday from Friess Associates. AMG called the special meeting regarding changes to the subadvisers and other components of these and three other AMG funds, according to SEC filings.

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