Mark Michel - American Beacon Fund Manager
| AILCX Fund | USD 17.69 0.02 0.11% |
Mark M. Michel has served on the asset management team since February 2016 and is a CFA charterholder. Prior to joining American Beacon Advisors, Inc., Mr. Michel worked at JPMorgan as a senior portfolio analyst from 2013 to 2016.
| Phone | 800-658-5811 |
American Beacon Management Performance (%)
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American Beacon Inte Leadership Team
Elected by the shareholders, the American Beacon's board of directors comprises two types of representatives: American Beacon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Beacon's management team and ensure that shareholders' interests are well served. American Beacon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Beacon's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Michel, Fund Manager | ||
| Matthew Nagle, Fund Manager |
American Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is American Beacon a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 14.80 X | |||
| Price To Book | 1.37 X | |||
| Price To Sales | 0.95 X | |||
| Total Asset | 3.36 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 1.09 % | |||
| One Year Return | 6.90 % | |||
| Three Year Return | 2.81 % | |||
| Five Year Return | 4.21 % | |||
| Ten Year Return | 2.57 % |
Pair Trading with American Beacon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Beacon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Beacon will appreciate offsetting losses from the drop in the long position's value.Moving together with American Mutual Fund
| 0.93 | BRLVX | American Beacon Bridgeway | PairCorr |
| 0.81 | TFBRX | American Beacon Twen | PairCorr |
| 0.82 | TFBYX | American Beacon Twen | PairCorr |
| 0.92 | TFGPX | American Beacon Twen | PairCorr |
| 0.91 | TFGYX | American Beacon Twen | PairCorr |
The ability to find closely correlated positions to American Beacon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Beacon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Beacon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Beacon International to buy it.
The correlation of American Beacon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Beacon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Beacon Inte moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Beacon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Beacon International. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the American Beacon Inte information on this page should be used as a complementary analysis to other American Beacon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.