AMG GW&K Emerging Wealth Equity Fund - Portfolio Holdings as of August 31, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund 1928 Sands China Ltd Consumer Discretionary Stock MO HKD 4,200,400 3.21 $13,494,201 5.71% QCOM QUALCOMM Inc Information Technology Stock US USD 85,174 146.69 $12,494,174 5.29% TCOM Trip.com Group Ltd ADR Consumer Discretionary Stock CN USD 396,342 30.49 $12,084,468 5.11% HDB HDFC Bank Ltd ADR Financials Stock IN USD 152,633 78.31 $11,952,690 5.06% YUMC Yum China Holdings Inc Consumer Discretionary Stock CN USD 177,738 61.56 $10,941,551 4.63% IFX Infineon Technologies AG Information Technology Stock DE EUR 241,535 42.58 $10,284,016 4.35% 700 Holdings Ltd Communication Services Stock CN HKD 138,340 61.76 $8,544,266 3.61% KMB Kotak Mahindra Bank Ltd Financials Stock IN INR 355,986 23.96 $8,530,657 3.61% 1299 AIA Group Ltd Financials Stock HK HKD 697,400 11.94 $8,327,463 3.52% HTHT Huazhu Group Ltd ADR Consumer Discretionary Stock CN USD 157,059 48.29 $7,584,379 3.21% China Resources Sanjiu Medical & Pharmaceutical Co Ltd, 000999 Health Care Stock CN CNY 1,748,012 4.32 $7,553,372 3.20% Class A APNT Asian Paints Ltd Materials Stock IN INR 162,648 43.81 $7,125,033 3.01% BABA Holding Ltd ADR Consumer Discretionary Stock CN USD 41,231 166.99 $6,885,165 2.91% 3908 China International Capital Corp Ltd 144A Financials Stock CN HKD 2,760,800 2.33 $6,419,615 2.72% NOVOB Novo Nordisk A/S, Class B Health Care Stock DK DKK 61,674 100.11 $6,174,182 2.61% TME Tencent Music Entertainment Group ADR, Class A Communication Services Stock CN USD 611,259 8.84 $5,403,530 2.29% MMYT MakeMyTrip Ltd Consumer Discretionary Stock IN USD 207,848 25.82 $5,366,635 2.27% 000858 Yibin Co Ltd, Class A Consumer Staples Stock CN CNY 163,103 31.27 $5,100,688 2.16% 388 Hong Kong Exchanges & Clearing Ltd Financials Stock HK HKD 72,650 63.17 $4,589,595 1.94% JUBI Jubilant Foodworks Ltd Consumer Discretionary Stock IN INR 81,288 54.60 $4,438,412 1.88% TTAN Titan Co Ltd Consumer Discretionary Stock IN INR 166,330 26.27 $4,369,542 1.85% EIM Eicher Motors Ltd Consumer Discretionary Stock IN INR 113,280 36.61 $4,147,402 1.75% MONC Moncler SpA Consumer Discretionary Stock IT EUR 60,733 64.03 $3,888,753 1.64% 6862 Haidilao International Holding Ltd 144A Consumer Discretionary Stock CN HKD 951,000 4.08 $3,881,204 1.64% 2269 Wuxi Biologics Cayman Inc 144A Health Care Stock CN HKD 244,700 15.48 $3,788,435 1.60% 3888 Kingsoft Corp Ltd Information Technology Stock CN HKD 783,200 4.01 $3,141,717 1.33% BIDU Inc ADR, Class A Communication Services Stock CN USD 19,750 157.02 $3,101,145 1.31% RMS Hermes International Consumer Discretionary Stock FR EUR 2,096 1471.81 $3,084,912 1.30%

Disclosure: Mention of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings listed are as Page 1 of 2 of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC. AMG GW&K Emerging Wealth Equity Fund - Portfolio Holdings as of August 31, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund MC LVMH Moet Hennessy Louis Vuitton SE Consumer Discretionary Stock FR EUR 3,581 740.81 $2,652,842 1.12% LICHF LIC Housing Finance Ltd Financials Stock IN INR 479,700 5.49 $2,635,629 1.11% MA MasterCard Inc, Class A Information Technology Stock US USD 7,410 346.23 $2,565,564 1.09% 603288 Foshan Haitian Flavouring & Food Co Ltd Consumer Staples Stock CN CNY 167,782 14.72 $2,469,315 1.04% 300059 Co Ltd Financials Stock CN CNY 507,120 4.79 $2,429,284 1.03% 000660 SK Hynix Inc Information Technology Stock KR KRW 24,700 91.56 $2,261,542 0.96% EL Estee Lauder Cos Inc, Class A Consumer Staples Stock US USD 6,210 340.49 $2,114,443 0.89% 241 Alibaba Health Information Technology Ltd Health Care Stock HK HKD 1,125,602 1.65 $1,857,897 0.79% NKE NIKE Inc, Class B Consumer Discretionary Stock US USD 11,189 164.74 $1,843,276 0.78% OZON Ozon Holdings PLC ADR Consumer Discretionary Stock CY USD 33,420 52.64 $1,759,229 0.74% 300003 Lepu Medical Technology Co Ltd, Class A Health Care Stock CN CNY 391,600 4.00 $1,564,530 0.66% 600276 Co Ltd, Class A Health Care Stock CN CNY 200,860 7.00 $1,405,518 0.59% DIS Walt Disney Co Communication Services Stock US USD 7,268 181.30 $1,317,688 0.56% 2330 Taiwan Semiconductor Co Ltd Information Technology Stock TW TWD 57,000 21.94 $1,250,309 0.53% KLAC KLA Corp Information Technology Stock US USD 3,650 339.96 $1,240,854 0.52% PDD Pinduoduo Inc ADR Consumer Discretionary Stock CN USD 12,100 100.02 $1,210,242 0.51% 9923 Yeahka Ltd Information Technology Stock CN HKD 267,000 4.12 $1,099,580 0.47% 1093 CSPC Pharmaceutical Group Ltd Health Care Stock CN HKD 861,600 1.27 $1,093,027 0.46% GFNORTEO Grupo Financiero Banorte SAB de CV Financials Stock MX MXN 147,831 6.60 $975,799 0.41% SBUX Starbucks Corp Consumer Discretionary Stock US USD 7,201 117.49 $846,045 0.36% 6618 JD Health International Inc 144A Consumer Discretionary Stock CN HKD 85,700 9.36 $801,832 0.34% CHR Chr Hansen Holding A/S Materials Stock DK DKK 8,398 92.28 $774,970 0.33% WALMEX* Wal-Mart de Mexico SAB de CV Consumer Staples Stock MX MXN 211,520 3.55 $750,599 0.32% 1024 Kuaishou Technology, Class B 144A Communication Services Stock CN HKD 49,375 10.91 $538,743 0.23% Cash & Equivalents Cash Currency US USD 0 $6,251,908 2.64%

Disclosure: Mention of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings listed are as Page 2 of 2 of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC.