FQ Tax-Managed U.S. Equity Fund

Objective

The Managers AMG FQ Tax-Managed U.S. Equity Fund's investment objective is to achieve long-term after-tax returns for investors.

Fund Focus

The Managers AMG FQ Tax-Managed U.S. Equity Fund invests at least 80% of its assets in equity securities of issuers located in the United States. Generally the Fund will invest in approximately 75 to 250 stocks, but this number will vary depending on market conditions and the size of the Fund. These stocks will generally reflect the characteristics of the Russell 3000® Index in terms of industry, earnings growth, valuation, and similar measurements.

The Fund strives to minimize taxable distributions to shareholders. First Quadrant may apply a variety of tax-sensitive investment techniques including:

  • Investing in stocks that pay below-average dividends
  • Employing a buy-and-hold strategy designed to avoid realizing short-term capital gains and defer as long as possible the realization of long-term capital gains
  • Realizing losses on specific securities or specific tax lots of securities to offset realized gains

Where This Mutual Fund May Fit As Part Of Your Asset Allocation

The Managers AMG FQ Tax-Managed U.S. Equity Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to high-quality U.S. companies
  • Seeking an equity portfolio that minimizes the impact of taxes
  • Willing to accept a higher degree of risk for the opportunity of higher potential returns
  • Willing to accept short-term volatility of returns

Fund Facts

FQ Tax-Managed U.S. Equity Fund
Investment Style All-Cap Core; Tax Managed
Benchmark(s) Russell 3000®
Subadvisor(s) First Quadrant, L.P.
Net Assets $51,710,313
  Class A Class C Institutional
Ticker MFQAX MFQCX MFQTX
Cusip 56171L504 56171L603 561709304
Inception Date 3/01/2006 3/01/2006 12/18/2000
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100		 $2,000 /
$100		 $2,500,000 /
$1,000
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100		 $1,000 /
$100		 $50,000 /
$1,000
Expense Ratio (Gross / Net) 1.44% / 1.25% 2.19% / 2.00% 1.19% / 1.00%
Maximum Sales Charges 5.75% 1.00% N/A
12b-1 fees 0.25% 1.00% N/A

Learn more about share classes offered by Managers Investment Group.

Disclosure

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 download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than 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. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

Class C shares convert to an equal dollar value of Class A shares at the end of the tenth year after purchase.

Annual expense ratio as of 03/01/2010. The Fund's Investment Manager has contractually agreed, through March 1, 2011, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

Downloadable Documents
Fund Pricing 03/19/10
Class A
NAV: $11.70
NAV $ Change: -$0.1
NAV % Change: -0.85%
YTD Return (as of 02/28/10)
- at NAV
- with Load -4.85%
Class C
NAV: $11.50
NAV $ Change: -$0.1
NAV % Change: -0.86%
YTD Return (as of 02/28/10)
- at NAV
- with Load -0.16%
Institutional
NAV: $11.64
NAV $ Change: -$0.1
NAV % Change: -0.85%
YTD Return (as of 02/28/10)
- at NAV
- with Load
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