American Beacon Large Cap Growth Fund

Fund information as of December 31, 2009
Fund Overview
Total Fund Assets: $78.4 Million
  Institutional Class        
           
Inception Date 7/31/00        
Fund NAV $5.44        
CUSIP 02368A554        
Trading Symbol ALCGX        
           
 
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.
 
Investment Sub-Advisors
 
Winslow Capital Management, Inc. 50.9%
The Renaissance Group LLC 49.1%
 
Expense Ratios
 
  Institutional Class        
           
Gross Expense Ratio 1.01%        
Net Expense Ratio1 1.00%        
           
1The net expense ratio is net of acquired fund fees and expense 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 large market capitalization U.S. stocks.
 
Investment Style

The Fund’s sub-advisors pursue a growth style of investing. They select stocks that, in their opinion, have above-average earnings growth potential. To determine a company’s growth prospects, the Fund’s sub-advisors use proprietary methods based upon a combination of internal and external research and analysis of changing economic trends.

The Fund’s assets are invested primarily in equity securities of U.S. companies with market capitalizations similar to the market capitalizations of the companies in the Russell 1000® Index at the time of investment. These may consist of common and preferred stocks, securities convertible into U.S. common stocks, U.S. dollar-denominated American Depositary Receipts, and U.S. dollar-denominated foreign stocks traded on U.S. exchanges.
 
Large Cap Growth Fund Total Returns
                           
 
QTR		  
YTD		  
1 YR		  
3 YR*		  
5 YR*		  
10 YR*		   Since
Inception*
                           
Institutional Class 6.43   28.21   28.21   -6.21   -1.61   N/A   -5.52
                           
Lipper Large-Cap Growth Funds Index** 7.28   38.50   38.50   -2.28   1.01   -4.51   -4.60
Russell 1000 Growth Index *** 7.94   37.21   37.21   -1.89   1.63   -3.99   -4.22
 

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: Large-Cap Growth Funds
  1YR   3YR   5YR   10YR
# of funds in category 810   698   579   N/A
               
Institutional Class 649   640   536   N/A

 

Lipper Quartile
 
Institutional Class 4th   4th   4th   N/A
 
Lipper is an independent rating service that ranks mutual funds in various categories by making comparative calculations using total returns.
 
 
Asset Allocation
   
Equity 93.0%
Equitized Cash 7.0%
 
Portfolio Statistics
     

Equity
 
Price/Earnings Ratio   15.2
Price/Book Ratio   4.5
Wtd. Avg. Mkt. Cap ($ bil)   $56.7
5 Year Earnings Growth   22.1
   
3-Year Risk Summary  
R2   0.98
Alpha   -4.39
Beta   0.98
Sharpe Ratio   -0.43
Standard Deviation   19.84
 
Top Ten Holdings (%)
PDF View All Holdings
 
Apple Computer, Inc. 3.0%
Cognizant Technology Solutions Corp. 2.6%
QUALCOMM, Inc. 2.5%
Hewlett-Packard Co. 2.5%
priceline.com, Inc. 2.1%
Cisco Systems, Inc. 2.1%
Google, Inc. 2.1%
Oracle Corp. 1.9%
Microsoft Corp. 1.9%
Visa, Inc. 1.7%
 
Total Fund Holdings: 100

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 Large-Cap Growth Funds. The Lipper Large-Cap Growth Funds Index tracks the results of the 30 largest mutual funds in the Lipper Large-Cap Growth Funds category. Lipper is an independent mutual fund research and ranking service. ***The Russell 1000® Growth Index is an unmanaged index of those stocks in the Russell 1000 Index with higher price-to-book ratios and higher forecasted growth values. Russell 1000 Growth and Russell 1000 Indexes are registered trademarks of Frank Russell Company.

A portion of the fees charged to the Fund has been waived since 2004 through 2008. Performance prior to waiving fees was lower than the actual returns shown for periods since 2004 through 2008.

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.

 

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