The Fund's 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 Fund's sub-advisors select securities
based upon a country's economic outlook, market valuation and potential
changes in currency exchange rates.
To determine a company's growth prospects, each of the Fund's sub-advisors uses proprietary methods based upon a combination of internal and external research and analysis of changing economic trends. The Fund will primarily invest in countries comprising the Morgan Stanley Capital International Europe Australasia Far East Index (MSCI EAFE). American Beacon provides each sub-advisor with a limit of the maximum investment allowed in each country. |