
AMG Funds II
AMG GW&K Global Allocation Fund
June 2, 2020
Dear Valued Shareholder,
Thank you for being an investor in AMG GW&K Global Allocation Fund (Formerly AMG Chicago Equity Partners Balanced Fund) (the “Fund”), a series of AMG Funds II (the “Trust”). A special meeting of shareholders is scheduled to be held on June 18, 2020.We need your proxy vote as soon as possible to allow us to proceed with important business of the Fund.
I am writing to you to consider and vote on a proposal to approve a new subadvisory agreement between AMG Funds LLC and GW&K Investment Management, LLC (“GW&K”) with respect to the Fund. GW&K has been acting as the Fund’s subadviser on an interim basis pursuant to an interim subadvisory agreement since April 17, 2020, when it replaced Chicago Equity Partners, LLC (“CEP”) as subadviser to the Fund. Under applicable law, if shareholders do not approve the new subadvisory agreement with GW &K on or before September 14, 2020, GW&K may no longer be able to act as subadviser to the Fund and the Board of Trustees may consider other alternatives for the Fund, including possible liquidation of the Fund. The fee paid to GW&K under the interim subadvisory agreement and the new subadvisory agreement is the same rate that was paid to CEP and is paid by the Fund’s investment adviser. The approval of the new subadvisory agreement will not increase the management fee rate borne by Fund shareholders.
Please take the time to carefully consider and vote on this important proposal. After careful consideration, the Trust’s Board of Trustees unanimously recommends that shareholders vote “FOR” the proposal. The proposal is discussed in more detail in the Proxy Statement, which you should read carefully. For more information, please refer to the proxy statement, which can be found at:https://vote.proxyonline.com/AMG/docs/GlobalAllocation.pdf.If you have any proxy related questions, or would like to cast your proxy vote by phone, please call (800) 290-6427 extenstion #14395 for assistance. Representatives are available Monday through Friday 9 a.m. to 9 p.m. Eastern Time.
We very much appreciate your attention to this matter. Please help us by casting your vote today!
Sincerely,
|
/s/ Keitha L. Kinne |
|
Keitha L. Kinne |
President |
How do I vote? There are three convenient methods for casting your important proxy vote:
| 1. | Vote by touch-tone phone:You may cast your vote by telephone using an automated system by calling the toll-free number found on the enclosed proxy card(s). |
| 2. | Vote online:You may cast your vote by visiting the web address located on the enclosed proxy card(s) and following the instructions on the website. |
| 3. | Vote by mail: You may cast your vote by signing, dating and mailing the enclosed proxy card(s) in the postage-prepaid return envelope provided. |
We would be very grateful if you would use any one of the voting methods listed above
to ensure that your vote is recorded before June 18, 2020.
OBO