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American Beacon International Equity Fund

Portfolio information as of March 31, 2014
  • Summary
  • Performance
  • Overview

Investment Objective

A multi-manager Fund seeking long-term capital appreciation primarily through investments in equity securities of issuers based outside the U.S.

TEAM OF MANAGERS

The Fund is sub-advised by three complementary asset managers:

  • Causeway: Focuses on how cash can be passed along to shareholders through dividends or share buybacks.

  • Lazard: High-quality manager that typically owns better-known, larger-cap stocks.

  • Templeton: Invests long-term in out-of-favor areas, in companies that are unloved by investors for the wrong reasons.

VALUE-DRIVEN APPROACH

The Fund looks for undervalued securities in developed countries. Using bottom-up, fundamental analysis, the sub-advisors select securities that are attractively valued with improving growth prospects.

  • They look for companies with below-average price-to-earnings ratios and below-average price-to-book-value ratios.

  • They also seek companies with above-average dividend yields and above-average return on equity or earnings growth potential.

Total Fund Assets

$2.3 Billion  

Sub-Advisors (%)

Templeton Investment Counsel, LLC 33.4
Causeway Capital Management LLC 33.3
Lazard Asset Management LLC 33.3

 



The Fund may invest in futures contracts, which are a type of derivative investment. Investing in derivatives could result in losing more than the amount invested. Investing in foreign securities entails additional risk not associated with domestic securities, such as currency fluctuations, economic and political instability and differences in accounting standards. The intrinsic value of stocks selected for the Fund may never be realized by the market, and the prices of value stocks may go down. While investing in value stocks may limit downside risk over time, the Fund may produce more modest gains than riskier stock funds as a trade-off for this potentially lower risk. The Fund may participate in a securities lending program. Please see the prospectus for a complete discussion of the Fund’s risks. There can be no assurances that the investment objectives of this Fund will be met.

For a prospectus containing more information, including expenses, click here. Read it carefully before you invest or send money. Past performance is no guarantee of future results.

American Beacon Funds and American Beacon International Equity Fund are service marks of American Beacon Advisors, Inc.