Mutual Funds

American Beacon International Equity Index Fund

Portfolio information as of March 31, 2013

Summary
Performance
Overview

Investment Objective

A Fund seeking to match the performance of the Morgan Stanley Capital International EAFE Index (the "EAFE Index") as closely as possible before the deduction of Fund expenses.

Key Points

The Fund uses a proprietary quantitative investment approach, Stratified Sampling with Optimization, that attempts to replicate, before expenses, the characteristics and performance of the EAFE Index.
Stratified sampling statistically identifies a sample of more liquid equity securities included in the EAFE Index. Selected securities are optimized to construct a portfolio that mimics as closely as possible the market capitalization, industry weightings and other key fundamental characteristics of the EAFE Index.
Stratified Sampling with Optimization allows construction of a portfolio using the most liquid names in the EAFE Index in order to minimize transaction costs, while still achieving fundamental portfolio-level characteristics very close to those of the EAFE Index.

Sub-Advisor (%)

The Fund seeks its investment objective by investing all of its investable assets in the Master International Index Series, a portfolio of the Quantitative Master Series LLC, which is managed by BlackRock Advisors, LLC. BlackRock Advisors, LLC on behalf of the Series, has a sub-advisory agreement with BlackRock Investment Management, LLC.

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. 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.

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

TOTAL RETURNS

Share Class	Inception Date	Prior Class Inception Date	CUSIP	Symbol	NAV	QTR	YTD	1 Year	3 Year*	5 Year*	10 Year / Since Inception*
Institutional	07/31/2000		02368A521	AIIIX	10.08	4.46	4.46	11.20	4.98	-0.87	9.68

Benchmark	QTR	YTD	1 Year	3 Year*	5 Year*	10 Year /SinceInception*
Lipper International Large-Cap Core Funds Index	3.72	3.72	10.11	4.72	-1.46	7.45
MSCI EAFE Index	5.13	5.13	11.25	5.00	-0.89	9.69

Expense Ratios

Share Class	Gross	Net
Institutional	0.24	0.24

Performance shown is historical and is not indicative of future returns. Investment returns and principal value will vary, and shares may be worth more or less at redemption than at original purchase. Performance shown is as of date indicated, and current performance may be lower or higher than the performance data quoted. To obtain performance as of the most recent month end, click here.

Important Information: Please note that the recent growth rate in the stock market has helped to produce short-term returns that are not typical and may not continue in the future. Indexes are unmanaged and one cannot invest directly in an Index.

*Annualized.

The Lipper International Large-Cap Core Funds Index tracks the results of the 30 largest mutual funds in the Lipper International Large-Cap Core Funds category. Lipper is an independent mutual fund research and ranking service.

The MSCI EAFE Index is a market capitalization weighted Index of international stock performance composed of equities from developed markets excluding the U.S. and Canada. Returns are for the MSCI Provisional EAFE Index through 5/31/02 and the MSCI EAFE Index thereafter.

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

Sector Weightings (%)

Financials	24.6
Industrials	12.4
Consumer Staples	12.2
Consumer Discretionary	10.8
Health Care	10.2
Materials	8.8
Energy	7.1
Telecommunications	4.9
Information Technology	4.3
Utilities	3.6
Other	1.2

Portfolio Statistics	Fund
Price-to-Earnings Ratio (P/E)	20.2
Price-to-Book Ratio (P/B)	2.9
Weighted Average Market Cap ($bil)	59,050,000,000

3-Year Risk Summary	Fund
R2	98.65
Alpha	N/A
Beta	1.01
Sharpe Ratio	N/A
Standard Deviation	19.46

Top 10 Equity Holdings (%)

Nestle S.A.	2.0
HSBC Holdings PLC	1.7
Roche Holding AG	1.4
Novartis AG	1.4
BP plc	1.2
Vodafone Group plc	1.2
Toyota Motor Corp.	1.2
Sanofi S.A.	1.1
Royal Dutch Shell PLC	1.1
GlaxoSmithKline plc	1.0
Total Fund Holdings:	921

The P/E Ratio of a stock is calculated by dividing the current price by forecasted twelve-month earnings per share. The P/B Ratio of a stock is calculated by dividing the current price by book value per share. R-squared (R2) is the percentage of the Fund’s three-year return that is explained by movements in its benchmark index. Alpha is a measure of the Fund’s expected performance versus the benchmark, adjusted for relative risk. Beta is a measure of the Fund’s volatility versus the benchmark. Sharpe Ratio is a measure of the Fund’s return per unit of total risk. Standard Deviation is a measure of the historical volatility of the Fund’s returns.

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

Equities	98.8
Cash & Futures	1.2

Mutual Funds

American Beacon International Equity Index Fund

Portfolio information as of March 31, 2013

Investment Objective

Key Points

Sub-Advisor (%)

Fund Materials

Total Fund Assets

TOTAL RETURNS

Expense Ratios

Sector Weightings (%)

Portfolio Statistics

3-Year Risk Summary

Top 10 Equity Holdings (%)

Asset Allocation (%)

Mutual Funds

American Beacon International Equity Index Fund

Portfolio information as of March 31, 2013

Investment Objective

Key Points

Sub-Advisor (%)

Fund Materials

Total Fund Assets

TOTAL RETURNS

Expense Ratios

Sector Weightings (%)

Portfolio Statistics

3-Year Risk Summary

Top 10 Equity Holdings (%)

Asset Allocation (%)

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