American Beacon Emerging Markets Fund

Fund information as of December 31, 2009
Fund Overview
Total Fund Assets: $140.3 Million
  Institutional Class   Investor Class
       
Inception Date 7/31/00   10/1/02
Fund NAV $12.84   $12.65
CUSIP 02368A547   02368A448
Trading Symbol AEMFX   AAEPX
       
 
Fund Classes
 
Institutional Class shares are for those who make the decisions about where your company's pension funds or corporate cash will be invested or for others with at least $250,000 to invest.
Investor Class shares are offered to individual investors, retirement accounts, plan sponsors, discount brokers or other organizations.
 
Investment Sub-Advisors
 
Morgan Stanley Investment Management Inc. 50.1%
The Boston Company Asset Management, LLC 49.9%
 
Expense Ratio
 
  Institutional Class   Investor Class
       
Gross Expense Ratio 1.39%   1.73%
Net Expense Ratio1 1.38%   1.72%
1The net expense ratio is net of acquired fund fees and expenses that the Fund incurred indirectly as a result of investment in certain pooled investment vehicles.
 
Investment Objective

A multi-manager Fund seeking long-term capital appreciation primarily through investments in emerging market stocks.
Investment Style

The Fund’s sub-advisors pursue equity securities of issuers that are primarily listed on the trading market of an emerging market country; are headquartered in an emerging market country; or derive at least half of their revenues from operations in an emerging market country. The Fund’s investments may include common stocks, preferred stocks, securities convertible into common stocks, and depositary receipts. American Beacon provides each sub-advisor with a limit of the maximum investment allowed in each emerging market country. Within those guidelines, each sub-advisor makes stock selection decisions based on their economic, market and company analyses.
 
Emerging Markets Fund Total Returns
                           
 
QTR		  
YTD		  
1 YR		  
3 YR*		  
5 YR*		  
10 YR*
  
Since Inception
                           
Institutional Class 7.33   71.39   71.39   3.74   13.81   N/A   11.71
Investor Class 7.30   70.90   70.90   3.38   13.45   N/A   11.45
                           
Lipper EM Fund Index** 7.87   74.25   74.25   2.41   13.48   8.97   11.22
MSCI EM Index*** 8.55   78.51   78.51   5.11   15.51   N/A   12.05
 

Performance shown is historical and may not be 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. 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.
 
Lipper Rankings
 
Category: Emerging Markets Funds
  1 YR   3 YR   5 YR   10 YR
# of funds in category 375   236   178   N/A
               
Institutional Class 223   71   73   N/A
Investor Class 226   76   88   N/A

 
Lipper Quartile
 
Institutional Class 3rd   2nd   2nd   N/A
Investor Class 3rd   2nd   2nd   N/A
 
Lipper is an independent rating service that ranks mutual funds in various categories by making comparative calculations using total returns.
 
Top 10 Country Weighting
Hong Kong / China 16.9%
South Korea 14.4%
Brazil 14.1%
Taiwan 11.2%
India 9.1%
South Africa 8.4%
Russia 5.3%
Mexico 3.7%
Thailand 2.8%
Turkey 2.3%
 
 
Asset Allocation (%)
   
Equity 94.9%
Equitized Cash 5.1%
 
Portfolio Statistics
   
Price/Earnings Ratio 10.8
Price/Book Ratio 2.4
Wtd. Avg. Mkt. Cap ($ bil) $62.8
   
R2 0.98
Alpha -1.27
Beta 0.96
Sharpe Ratio 0.04
Standard Deviation 31.88
 
Top Ten Holdings (%)
PDFView Holdings
 
Samsung Electronics Co. Ltd. 3.2%
Petroleo Brasileiro S.A. 2.8%
Vale S.A. 2.0%
China Mobile Ltd. 1.7%
Itau Unibanco Banco Multiplo S.A. 1.7%
China Construction Bank Corp. 1.6%
Taiwan Semiconductor Manufacturing Co. Ltd. 1.4%
PetroChina Co. Ltd. 1.4%
Gazprom OAO 1.4%
America Movil, S.A.B. de C.V. 1.4%
 
Total Fund Holdings: 304

You should consider the investment objectives, risks, fees and expenses of any mutual fund carefully before investing. This and other information is available in the Fund's prospectus. Please read the prospectus carefully before investing.

IMPORTANT INFORMATION:
* Annualized.
** Lipper Emerging Markets Funds. The Lipper Emerging Markets Funds Index tracks the results of the 30 largest mutual funds in the Lipper Emerging Markets Funds category. Lipper is an independent mutual fund research and ranking service.
***MSCI Emerging Markets Index. The MSCI Emerging Markets Index is a market capitalization weighted index composed of companies that are representative of the market structure of developing countries in Latin America, Asia, Eastern Europe, the Middle East and Africa.

Investing in foreign equities entails additional risks not associated with domestic equities, such as currency fluctuations, economic and political instability and differences in accounting standards. The risks of investing in foreign equities are heightened when investing in emerging markets.

Performance shown prior to the 10/1/02 inception of the Investor Class is that of the Institutional Class. The returns have not been adjusted for any difference between the fees and expenses of the Investor Class and the historical fees and expenses of the Institutional Class. Because the Institutional Class had lower expenses, its performance was better than the Investor Class would have realized during the same period. A portion of the fees charged to the Investor Class of the Fund was waived through 2005. Performance prior to waiving fees was lower than the actual returns shown for periods through 2005.

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.

 

Distributed by Foreside Fund Services, LLC.