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American Beacon Man Large Cap Value Fund

Portfolio information as of June 30, 2024
  • Summary
  • Performance
  • Overview

Investment Objective

The Fund seeks to provide long-term total return on capital, primarily through capital appreciation and some income.

NUMERIC INVESTORS

A fundamentally driven quantitative investment manager, Numeric is part of Man Group plc (“Man”), which is a global, independent asset manager dedicated to alternative and long-only investing. Numeric has a research-driven culture and employs systematic security selection models underpinned by bottom-up, fundamentally based signals.

Firm inception: 1989

Portfolio Managers:

  • Daniel Taylor; industry since 1999
  • Ben Zhao; industry since 2017

COMBINING QUANTITATIVE AND FUNDAMENTAL PROCESSES

Numeric seeks to select value stocks with attractive valuations, positive long-term growth characteristics, sustainable competitive advantages, relatively benign competitive environments, and favorable industry dynamics. The process:

  • Uses statistically driven, rules-based quantitative models to find selections with proper metrics.
  • Applies a discretionary overlay based on fundamental research to supplement and screen the quantitative model selections.
  • Employs a proprietary Statistical Factor Risk Model to ensure that the portfolio is neutral to the benchmark relative to key risk attributes.

Total Fund Assets

$269.7 Million  

Sub-Advisor (%)

Numeric Investors LLC ("Man Numeric") 100.0


Prior to May 1, 2024, the Fund was named the American Beacon Bridgeway Large Cap Value Fund. Effective May 1, 2024, Numeric Investors LLC, a wholly owned, indirect subsidiary of Man Group PLC, began serving as sub-advisor to the Fund. Performance through April 30, 2024, reflects the Fund’s performance under the management of its prior sub-advisor.

Investing in value stocks may limit downside risk over time; however, the Fund may produce more modest gains than riskier stock funds as a trade-off for this potentially lower risk. Quantitative models may not perform as expected and may result in losses for the Fund. Investing in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. To the extent the Fund invests more heavily in particular sectors, its performance will be sensitive to factors affecting those sectors. Financial sector companies are heavily regulated and particularly sensitive to interest rate fluctuations. Although the Fund is managed pursuant to a tax management strategy, the Fund’s investments could create capital gains. The use of futures contracts for cash management may subject the Fund to losing more money than invested. The Fund participates in a securities lending program. The Fund’s incorporation of environmental, social and/or governance (ESG) considerations in its investment strategy may cause it to underperform funds that do not incorporate these considerations. 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 is a registered service mark of American Beacon Advisors, Inc. American Beacon Funds and American Beacon Man Large Cap Value Fund are service marks of American Beacon Advisors, Inc.