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American Beacon ARK Transformational Innovation Fund Institutional Class (ADNIX)

13.63
Net Asset Value
-0.73%
1 Day
--
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
2.50%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances, substantially all of the fund's assets will be invested in a portfolio of equity securities including common stocks and other equity investments or ownership interests in business enterprises that are relevant to the fund's investment theme of disruptive innovation. It will invest in ADRs and securities sold on foreign exchanges and securities denominated in foreign currencies when purchasing foreign equities. The fund is non-diversified.

Performance

1 month+6.19% 3 years--
3 months+17.78% 5 years--
1 year-- Since inception+31.40%
Data through --

Peer Comparisonvs. Technology

 ADNIXCategory
Performance 5-yr return--+16.87%
Expense ratio2.50%1.44%
Risk 5 year sharpe ratio--1.26
Net assets$4.8M$1.1B
Average market cap$10.8B$66.6B
Average P/E--28.4
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyAmerican Beacon
Fund manager & tenureCatherine Wood / 0 Years
Minimal initial investment$250,000.00
Minimum IRA investment--

Holdings

U.S. stock74.72%
International stock14.60%
Fixed income10.67%
Cash0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
TSLA Tesla6.30%
GBTC Bitcoin Investment Trust5.92%
ATHN athenahealth Inc5.47%
-- 4.75%
SSYS Stratasys Ltd4.27%
AMZN Amazon4.12%
ILMN Illumina Inc3.59%
TWTR Twitter3.40%
JUNO Juno Therapeutics Inc3.18%
GOOG Google3.08%