American Beacon AHL TargetRisk R5
- AHTIX
- Price as of: Apr 16, 2021
-
$12.89
N/A N/A
- Primary Theme
- International Allocation
- Fund Company
- American Beacon
- Share Class
AHTIX - Snapshot
Vitals
- YTD Return 1.1%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $829 M
- Holdings in Top 10 83.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.08%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 197.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250,000
- IRA N/A
Fund Classification
-
Primary Theme
International Allocation
- Fund Type Open End Mutual Fund
- Investment Style World Allocation
AHTIX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.93%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAmerican Beacon AHL TargetRisk Fund
-
Fund Family NameAmerican Beacon
-
Inception DateDec 31, 2018
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Sargaison
Fund Description
The fund seeks to achieve its investment objective by allocating all or substantially all of its assets across equities, bonds (including inflation index-linked bonds), interest rates, corporate credit, and commodities primarily through derivative instruments. It invests primarily in futures (including bond futures), swaps (including commodity swaps, credit default swaps, cross-currency swaps, equity swaps, interest rate swaps, and total return swaps) and forward contracts, but also may invest in other types of derivative instruments. The fund is non-diversified.
AHTIX - Performance
Return Ranking - Trailing
Period | AHTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.5% | 20.7% | 96.74% |
1 Yr | 10.3% | -7.2% | 85.6% | 97.33% |
3 Yr | N/A* | -26.7% | 14.8% | N/A |
5 Yr | N/A* | 3.3% | 14.6% | N/A |
10 Yr | N/A* | -2.2% | 10.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | AHTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.8% | -21.0% | 24.5% | 46.24% |
2019 | 21.7% | -46.3% | 27.8% | 2.90% |
2018 | N/A | -41.9% | 1.5% | N/A |
2017 | N/A | -100.0% | 20.6% | N/A |
2016 | N/A | -17.0% | 209.2% | N/A |
Total Return Ranking - Trailing
Period | AHTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.5% | 20.7% | 96.74% |
1 Yr | 10.3% | -7.2% | 85.6% | 97.33% |
3 Yr | N/A* | -26.7% | 14.8% | N/A |
5 Yr | N/A* | 2.6% | 14.6% | N/A |
10 Yr | N/A* | -2.2% | 10.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AHTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.8% | -21.0% | 24.5% | 46.24% |
2019 | 21.7% | -46.3% | 27.8% | 2.90% |
2018 | N/A | -41.9% | 1.5% | N/A |
2017 | N/A | -100.0% | 23.1% | N/A |
2016 | N/A | -9.5% | 216.9% | N/A |
NAV & Total Return History
AHTIX - Holdings
Concentration Analysis
AHTIX | Category Low | Category High | AHTIX % Rank | |
---|---|---|---|---|
Net Assets | 829 M | 14 K | 108 B | 39.84% |
Number of Holdings | 78 | 2 | 2669 | 67.47% |
Net Assets in Top 10 | 660 M | -8.87 M | 18.8 B | 25.30% |
Weighting of Top 10 | 83.82% | 9.4% | 100.0% | 16.67% |
Top 10 Holdings
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
- American Beacon Cayman Targetrisk Co Ltd 21.66%
Asset Allocation
Weighting | Return Low | Return High | AHTIX % Rank | |
---|---|---|---|---|
Bonds | 42.22% | -22.81% | 109.96% | 14.06% |
Cash | 36.42% | -115.78% | 92.14% | 4.62% |
Other | 21.37% | -1.21% | 215.78% | 2.81% |
Stocks | 0.00% | -10.07% | 97.62% | 99.40% |
Preferred Stocks | 0.00% | -0.01% | 36.42% | 98.19% |
Convertible Bonds | 0.00% | 0.00% | 31.60% | 98.59% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AHTIX % Rank | |
---|---|---|---|---|
Derivative | 35.06% | 0.00% | 46.68% | 4.42% |
Government | 33.96% | 0.00% | 77.32% | 38.15% |
Cash & Equivalents | 30.98% | 0.46% | 100.00% | 27.51% |
Securitized | 0.00% | 0.00% | 64.92% | 97.99% |
Corporate | 0.00% | 0.00% | 98.37% | 99.00% |
Municipal | 0.00% | 0.00% | 6.52% | 96.79% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AHTIX % Rank | |
---|---|---|---|---|
US | 25.82% | -28.46% | 93.63% | 20.88% |
Non US | 16.40% | 0.00% | 40.97% | 18.67% |
AHTIX - Expenses
Operational Fees
AHTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.08% | 0.01% | 22.80% | 56.08% |
Management Fee | 0.90% | 0.00% | 1.90% | 91.88% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
AHTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
AHTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
AHTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 197.00% | 0.00% | 464.61% | 94.51% |
AHTIX - Distributions
Dividend Yield Analysis
AHTIX | Category Low | Category High | AHTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.31% | 95.65% |
Dividend Distribution Analysis
AHTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
AHTIX | Category Low | Category High | AHTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.93% | -2.33% | 7.22% | 96.30% |
Capital Gain Distribution Analysis
AHTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
AHTIX - Fund Manager Analysis
Managers
Matthew Sargaison
Start Date
Tenure
Tenure Rank
Dec 31, 2018
2.25
2.3%
Matthew Sargaison is Co-Chief Executive Officer of AHL and a member of the Man Group Executive Committee. Matthew was previously AHL's Chief Investment Officer, with overall responsibility for investment management and research from 2012 and 2017, as well as Chief Risk Officer between 2009 and 2012. Before joining AHL in 2009, he spent 13 years working at Deutsche Bank, Barclays Capital and UBS. Matthew originally worked for AHL from 1992 to 1995 as a trading system researcher and institutional product designer. Matthew holds a degree in Mathematics from the University of Cambridge and a Master's Degree in advanced computer science from the University of Sheffield.
Russell Korgaonkar
Start Date
Tenure
Tenure Rank
Dec 31, 2018
2.25
2.3%
Russell Korgaonkar is Head of Portfolio Management at AHL. Mr. Korgaonkar joined the company in February 2001, and spent several years researching and building single-stock trading systems, including statistical arbitrage and fundamental factor models. He managed the equity neutral fund Man MAC Daylami from inception in 2005 until 2009, before concentrating on directional systems including a sector based equities model. He moved to his current role in March 2011, and has brought practical experience to the managed futures programs, where his team is responsible for high-level portfolio construction, investment management, and research.
Otto van Hemert
Start Date
Tenure
Tenure Rank
Feb 01, 2021
0.16
0.2%
Otto van Hemert is Director of Core Strategies and a member of AHL’s management and investment committees. He was previously Head of Macro Research at AHL. Prior to joining AHL in 2015, Mr. Van Hemert ran a systematic global macro fund at IMC for more than three years. Before that, he headed Fixed Income Arbitrage, Credit, and Volatility strategies at AQR, and was on the Finance Faculty at the New York University Stern School of Business, where he published papers in leading academic finance journals. Mr. Van Hemert holds a PhD in Finance from the University of Amsterdam, Master’s Degrees in Economics from Tinbergen Institute and the University of Amsterdam, and a Master’s Degree in Mathematics from Utrecht University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 29.27 | 6.26 | 8.25 |