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MGNR ETF Profile


Family: American Beacon
Name: American Beacon GLG Natural Resources ETF
Inception Date: 5-Feb-2024
Termination Date:
Investment Objective: Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies primarily engaged in natural resources and natural resources-related businesses. The Fund considers companies primarily engaged in natural resources and natural resources-related businesses to be those with a majority of assets, revenues or earnings, directly or indirectly through subsidiaries, from owning, producing, refining, processing, transporting, distributing, mining, exploring, storing, or otherwise handling natural resources, or from activities that directly rely on or support natural resources, such as producing food, delivering utilities, selling machines for natural resources uses, and deriving materials such as fertilizer, glass, paper and plastic. The Fund considers natural resources to generally include, but not be limited to, metals, agricultural products, timber, water, energy (including fossil fuel and renewable sources), and chemicals.
Prospectus
Top 10 Holdings
SIEMENS ENERGY AG COMMON STOCK ENR 5.0771%
US DOLLAR 999USDZ92 4.5172%
KINROSS GOLD CORP COMMON STOCK KGC 4.5032%
TARGA RESOURCES CORP COMMON STOCK USD.001 TRGP 4.1871%
HUDBAY MINERALS INC COMMON STOCK HBM 3.9488%
METHANEX CORP COMMON STOCK MEOH 3.7848%
SMURFIT WESTROCK PLC COMMON STOCK SW 3.4508%
PERMIAN RESOURCES CORP COMMON STOCK USD.0001 PR 3.4386%
TECK RESOURCES LTD CLS B COMMON STOCK TECK 3.3260%
ALCOA CORP COMMON STOCK USD.01 AA 3.1071%
Top 10 Holdings Weight: 39.3%
Number of Holdings: 49
Shares Outstanding: 2,875,001
Total Net Assets: 92,202,140
NAV: 32.02
Net Expense Ratio: 0.75%
Asset Class: Equities (Stocks)
Developed or Emerging: Funds Combining Developed & Emerging Exposure
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Global