AHLPX: American Beacon AHL Managed Futures Strategy Fund - MutualFunds.com

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American Beacon AHL Mgd Futs Strat Inv

AHLPX - Snapshot

Vitals

  • YTD Return 5.8%
  • 3 Yr Annualized Return 2.3%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $1.08 B
  • Holdings in Top 10 85.3%

52 WEEK LOW AND HIGH

$10.61
$10.01
$11.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.94%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of May 29, 2020
  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Managed Futures

Compare AHLPX to Popular Managed Futures Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$8.00

0.00%

$2.69 B

3.25%

$0.26

-3.73%

-

$10.24

0.00%

$1.43 B

4.46%

$0.46

9.40%

-

$8.76

+0.11%

$1.13 B

1.78%

$0.16

2.34%

-

$10.65

+0.38%

$1.08 B

2.15%

$0.23

5.76%

-

$11.41

+0.09%

$898.43 M

5.83%

$0.66

4.78%

-

AHLPX - Profile

Distributions

  • YTD Total Return 5.8%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Beacon AHL Managed Futures Strategy Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Aug 19, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Russell Korgaonkar

Fund Description

The fund seeks to achieve its investment objective by implementing a quantitative trading strategy and systematic investment process designed to capitalize on price trends in a broad range of global markets including stock indices, bonds and bond futures, currency and currency futures, and interest rates by utilizing derivative instruments. It invests primarily in futures, bonds, currency, options and forward contracts. The fund also may invest in swaps and other types of derivative instruments linked to stock indices, currencies, bonds, interest rates and commodity instruments. It is non-diversified.


AHLPX - Performance

Return Ranking - Trailing

Period AHLPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -20.2% 19.7% 17.48%
1 Yr 3.8% -23.0% 18.7% 22.33%
3 Yr 2.3%* -9.1% 6.8% 16.67%
5 Yr 1.7%* -7.5% 6.3% 24.14%
10 Yr N/A* -2.6% 5.5% N/A

* Annualized

Return Ranking - Calendar

Period AHLPX Return Category Return Low Category Return High Rank in Category (%)
2019 -3.9% -9.3% 17.5% 60.78%
2018 0.7% -25.8% 2.2% 8.33%
2017 0.7% -5.1% 21.0% 68.67%
2016 -0.7% -20.3% 8.1% 24.36%
2015 -4.8% -15.9% 14.0% 66.22%

Total Return Ranking - Trailing

Period AHLPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -20.2% 19.7% 17.48%
1 Yr 3.8% -26.7% 18.7% 18.45%
3 Yr 2.3%* -10.3% 6.6% 14.58%
5 Yr 1.7%* -7.5% 5.1% 22.99%
10 Yr N/A* -2.6% 5.5% N/A

* Annualized

Total Return Ranking - Calendar

Period AHLPX Return Category Return Low Category Return High Rank in Category (%)
2019 -3.9% -9.3% 17.5% 60.78%
2018 2.2% -20.3% 2.5% 5.21%
2017 4.8% -5.1% 21.0% 39.76%
2016 -0.7% -20.3% 10.8% 25.64%
2015 -1.5% -15.9% 22.6% 56.76%

NAV & Total Return History


AHLPX - Holdings

Concentration Analysis

AHLPX Category Low Category High AHLPX % Rank
Net Assets 1.08 B 2.16 M 2.69 B 14.56%
Number of Holdings 81 3 738 56.31%
Net Assets in Top 10 957 M -1.26 M 8.31 B 10.68%
Weighting of Top 10 85.25% 11.0% 97.1% 50.00%

Top 10 Holdings

  1. American Beacon Cayman Managed Mutual Fund 23.82%
  2. American Beacon Cayman Managed Mutual Fund 23.82%
  3. American Beacon Cayman Managed Mutual Fund 23.82%
  4. American Beacon Cayman Managed Mutual Fund 23.82%
  5. American Beacon Cayman Managed Mutual Fund 23.82%
  6. American Beacon Cayman Managed Mutual Fund 23.82%
  7. American Beacon Cayman Managed Mutual Fund 23.82%
  8. American Beacon Cayman Managed Mutual Fund 23.82%
  9. American Beacon Cayman Managed Mutual Fund 23.82%
  10. American Beacon Cayman Managed Mutual Fund 23.82%

Asset Allocation

Weighting Return Low Return High AHLPX % Rank
Cash
54.37% -1091.34% 1796.70% 43.69%
Other
23.82% -1.76% 117.31% 35.92%
Bonds
21.80% -1748.87% 1098.49% 60.19%
Stocks
0.00% -6.59% 233.16% 81.55%
Preferred Stocks
0.00% 0.00% 0.12% 76.70%
Convertible Bonds
0.00% 0.00% 3.34% 86.41%

Bond Sector Breakdown

Weighting Return Low Return High AHLPX % Rank
Cash & Equivalents
71.38% 1.02% 100.00% 35.92%
Government
28.61% 0.00% 76.56% 51.46%
Derivative
0.02% 0.00% 61.99% 69.90%
Securitized
0.00% 0.00% 70.06% 83.50%
Corporate
0.00% 0.00% 27.67% 86.41%
Municipal
0.00% 0.00% 3.51% 77.67%

Bond Geographic Breakdown

Weighting Return Low Return High AHLPX % Rank
US
21.80% -1748.87% 135.30% 54.37%
Non US
0.00% 0.00% 1014.17% 91.26%

AHLPX - Expenses

Operational Fees

AHLPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.94% 0.75% 9.89% 48.54%
Management Fee 1.35% 0.25% 2.99% 58.25%
12b-1 Fee N/A 0.00% 1.00% 13.80%
Administrative Fee N/A 0.05% 0.45% 96.30%

Sales Fees

AHLPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AHLPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AHLPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 228.00% N/A

AHLPX - Distributions

Dividend Yield Analysis

AHLPX Category Low Category High AHLPX % Rank
Dividend Yield 0.00% 0.00% 8.49% 76.70%

Dividend Distribution Analysis

AHLPX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AHLPX Category Low Category High AHLPX % Rank
Net Income Ratio 0.19% -2.10% 2.13% 63.11%

Capital Gain Distribution Analysis

AHLPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

AHLPX - Fund Manager Analysis

Managers

Russell Korgaonkar


Start Date

Tenure

Tenure Rank

Aug 19, 2014

6.29

6.3%

Russell Korgaonkar is Head of Portfolio Management at AHL. Mr. Korgaonkar joined the company in February 2001, and spent several years researching and building single-stock trading systems, including statistical arbitrage and fundamental factor models. He managed the equity neutral fund Man MAC Daylami from inception in 2005 until 2009, before concentrating on directional systems including a sector based equities model. He moved to his current role in March 2011, and has brought practical experience to the managed futures programs, where his team is responsible for high-level portfolio construction, investment management, and research.

Matthew Sargaison


Start Date

Tenure

Tenure Rank

Sep 21, 2018

2.19

2.2%

Matthew Sargaison is Co-Chief Executive Officer of AHL and a member of the Man Group Executive Committee. Matthew was previously AHL's Chief Investment Officer, with overall responsibility for investment management and research from 2012 and 2017, as well as Chief Risk Officer between 2009 and 2012. Before joining AHL in 2009, he spent 13 years working at Deutsche Bank, Barclays Capital and UBS. Matthew originally worked for AHL from 1992 to 1995 as a trading system researcher and institutional product designer. Matthew holds a degree in Mathematics from the University of Cambridge and a Master's Degree in advanced computer science from the University of Sheffield.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 13.76 5.22 3.59
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