Chicago Equity Partners Mid-Cap Fund

Chicago Equity Partners, LLC

Chicago Equity Partners, LLC ("CEP") is the subadvisor for the Managers AMG Chicago Equity Partners Mid-Cap Fund and is located at 180 N. LaSalle Street, Suite 3800, Chicago, Illinois.

Chicago Equity Partners’ founding team started managing institutional assets in 1989, and continues to use the same fundamental principals today. Over time, they have honed the process, fine-tuned their quantitative models and research processes, and advanced their technology, data sources and trading platforms. The company has an exceptionally tenured and experienced staff that brings together expertise through a multi-disciplinary educational background. A disciplined investment process is followed through all market cycles. The key elements of the process are security selection and portfolio construction. CEP manages both equity and fixed income strategies for predominantly institutional clients.

Equity Team

David C. Coughenour, David R. Johnsen, Robert H. Kramer, Martin Morris, and James Palermo are the senior members of the equity team and are jointly and primarily responsible for the day-to-day management of the equity portion of the Fund.

Mr. Coughenour is a founder of CEP, and serves as Chief Investment Officer - Equities, and Portfolio Manager.

Mr. Kramer, founder, Managing Director, Portfolio Manager, and Analyst of CEP, oversees the quantitative research, trading, and technology groups and is the primary analyst for the healthcare sector.

Mr. Morris, Director, Portfolio Manager, and Analyst, is responsible for the consumer discretionary sector. Mr. Palermo, Director, Portfolio Manager, and Analyst, is responsible for the financials sector at CEP.

Fixed-Income Team

Michael J. Millhouse, Michael J. Budd, and Curt A. Mitchell are the senior members of the fixed-income team and are jointly and primarily responsible for the day-to-day management of the fixed-income portion of the Fund.

Mr. Millhouse serves as Chief Investment Officer - Fixed Income, and Portfolio Manager. Prior to joining CEP in 2004, Mr. Millhouse served as Chief Investment Officer and Portfolio Manager for the Core Bond Group of Loomis, Sayles & Company, L.P. from 1993 to 2004.

Mr. Budd serves as a Director, Portfolio Manager, and Analyst, and focuses on the mortgage, asset-backed, and agency sectors of the fixed-income market.

Mr. Mitchell serves as Director, Portfolio Managers, and Analyst, and focuses on the corporate bond sector of the fixed-income market. Prior to joining CEP in 2004, Mr. Mitchell served as Vice President and Senior Portfolio Manager at Loomis, Sayles & Company, L.P. from 1996 to 2004.

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 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. 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 and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted.