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 |