ADNCX: American Beacon ARK Transfmt Innov C - MutualFunds.com

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ADNCX American Beacon ARK Transfmt Innov C

  • Fund
  • ADNCX
  • Price as of: Oct 11, 2019
  • $16.16 + $0.25 + 1.57%

ADNCX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $49.6 M
  • Holdings in Top 10 56.6%

52 WEEK LOW AND HIGH

$16.16
$14.22
$19.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.25%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 63.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.83%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Beacon ARK Transformational Innovation Fund
  • Fund Family Name American Beacon
  • Inception Date Jan 02, 2019
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Catherine D. Wood

Fund Description

Under normal circumstances, substantially all of the fund's assets are 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 transformational innovation. The fund's investments in foreign equity securities are in both developed and emerging markets. It invests in American Depositary Receipts (''ADRs'') and securities sold on foreign exchanges and securities denominated in foreign currencies when purchasing foreign equities. The fund is non-diversified.

ADNCX - Performance

Return Ranking - Trailing

Period ADNCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.8% 38.0% N/A
1 Yr N/A -32.9% 24.1% 88.64%
3 Yr N/A* -33.4% 22.6% N/A
5 Yr N/A* -21.4% 19.7% N/A
10 Yr N/A* -4.2% 17.8% N/A

* Annualized


Return Ranking - Calendar

Period ADNCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -49.7% 4.3% N/A
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.1% N/A
2015 N/A -17.6% 11.6% N/A
2014 N/A -63.5% 36.9% N/A

Total Return Ranking - Trailing

Period ADNCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.8% 38.0% N/A
1 Yr N/A -32.9% 25.4% 91.48%
3 Yr N/A* -33.4% 25.2% N/A
5 Yr N/A* -21.4% 31.0% N/A
10 Yr N/A* -4.2% 22.6% N/A

* Annualized


Total Return Ranking - Calendar

Period ADNCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -49.7% 5.1% N/A
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.8% N/A
2015 N/A -13.9% 83.1% N/A
2014 N/A -63.5% 38.5% N/A

NAV & Total Return History

ADNCX - Holdings

Concentration Analysis

ADNCX Category Low Category High ADNCX % Rank
Net Assets 49.6 M 993 K 23.8 B 84.66%
Number of Holdings 41 22 331 77.84%
Net Assets in Top 10 28 M 900 K 12.7 B 80.11%
Weighting of Top 10 56.60% 17.8% 84.0% 15.91%

Top 10 Holdings

  1. Tesla Inc 10.67%

  2. Stratasys Ltd 6.86%

  3. Square Inc A 6.46%

  4. Illumina Inc 6.15%

  5. Invitae Corp 6.10%

  6. State Street US Government MMkt 5.33%

  7. Editas Medicine Inc 4.05%

  8. Intellia Therapeutics Inc 3.76%

  9. NanoString Technologies Inc 3.63%

  10. CRISPR Therapeutics AG 3.59%


Asset Allocation

Weighting Return Low Return High ADNCX % Rank
Stocks
94.67% 72.03% 100.16% 86.36%
Other
5.33% -4.62% 5.33% 0.57%
Preferred Stocks
0.00% 0.00% 1.98% 21.59%
Convertible Bonds
0.00% 0.00% 0.18% 8.52%
Cash
0.00% -0.16% 27.97% 95.45%
Bonds
0.00% 0.00% 0.66% 13.07%

Stock Sector Breakdown

Weighting Return Low Return High ADNCX % Rank
Technology
36.34% 31.25% 98.45% 97.16%
Healthcare
32.74% 0.00% 32.74% 0.57%
Consumer Cyclical
13.26% 0.00% 31.80% 13.64%
Financial Services
4.06% 0.00% 39.09% 68.75%
Consumer Defense
3.56% 0.00% 3.56% 0.57%
Real Estate
2.45% 0.00% 14.40% 10.23%
Industrials
2.16% 0.00% 28.26% 60.80%
Communication Services
0.10% 0.00% 6.28% 52.27%
Utilities
0.00% 0.00% 3.82% 17.61%
Energy
0.00% 0.00% 1.50% 10.80%
Basic Materials
0.00% 0.00% 7.48% 25.00%

Stock Geographic Breakdown

Weighting Return Low Return High ADNCX % Rank
US
79.96% 34.14% 98.87% 83.52%
Non US
14.71% 0.00% 63.79% 30.11%

ADNCX - Expenses

Operational Fees

ADNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.25% 0.10% 166.12% 6.25%
Management Fee 0.90% 0.09% 1.95% 75.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

ADNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 25.81%

Trading Fees

ADNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Turnover 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.

ADNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 1.00% 732.00% 57.95%

ADNCX - Distributions

Dividend Yield Analysis

ADNCX Category Low Category High ADNCX % Rank
Dividend Yield 0.00% 0.00% 7.43% 16.48%

Dividend Distribution Analysis

ADNCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

ADNCX Category Low Category High ADNCX % Rank
Net Income Ratio -1.83% -2.16% 1.10% 98.30%

Capital Gain Distribution Analysis

ADNCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

ADNCX - Managers

Catherine D. Wood

Manager

Start Date

Tenure

Tenure Rank

Jan 27, 2017

2.67

2.7%

Cathie registered ARK Investment Management LLC (“ARK”) as an investment adviser with the U.S. Securities and Exchange Commission in January 2014. Prior to ARK, Cathie spent twelve years at AllianceBernstein as Chief Investment Officer of Global Thematic Strategies where she managed $5 billion. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded which, in 2000, managed $800 million in global thematic strategies. Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates as Chief Economist, Equity Research Analyst, Portfolio Manager and Director. She started her career in Los Angeles, California at The Capital Group as an Assistant Economist. Cathie received her Bachelor of Science, summa cum laude, in Finance and Economics from the University of Southern California in 1981. In 2016, Cathie received the “Women in Finance – Outstanding Contribution Award” from Market Media.


Tenure Analysis

Category Low

0.25

Category High

29.76

Category Average

8.07

Category Mode

5.59