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American Beacon International Equity Fund

Portfolio information as of March 31, 2012
  • 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.

Key Points

  • Primary emphasis on undervalued securities with above-average earnings growth expectations in developed countries.

  • Bottom-up, value-driven process identifies stocks of companies with below-average price-to-earnings or price-to-cash flow ratios, below-average price-to-book value ratios, above-average dividend yields, and above-average return on equity or earnings growth potential.

  • The sub-advisors select securities based on a country’s economic outlook, market valuation and potential changes in currency exchange rates.

  • The Fund seeks to achieve its objective primarily through investment in countries comprising the Morgan Stanley Capital International Europe Australasia Far East Index (MSCI EAFE).

Sub-Advisors (%)

Causeway Capital Management LLC 33.7
Lazard Asset Management LLC 33.3
Templeton Investment Counsel, LLC 33.0

 



Investing in foreign equities entails additional risk not associated with domestic equities, such as currency fluctuations, economic and political instability and differences in accounting standards.

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