American Beacon Advisors Launches Two New American Beacon Shapiro Equity Mutual Funds

These new equity mutual funds complement our existing product lineup and our clients’ distinct portfolio requirements.

American Beacon Advisors, Inc. (“American Beacon”), a leading provider of investment advisory services to institutional and retail markets, announced today the launch of two new open-end mutual funds. American Beacon Shapiro Equity Opportunities Fund and American Beacon Shapiro SMID Cap Equity Fund are domestic, value-driven growth strategies sub-advised by Shapiro Capital Management LLC (“Shapiro”) of Atlanta.

“These new equity mutual funds complement our existing product lineup and our clients’ distinct portfolio requirements,” American Beacon Chairman, President and CEO Gene L. Needles, Jr., said. “Shapiro’s absolute intrinsic-value approach should help us create a stronger experience across full-market cycles.”

American Beacon Shapiro Equity Opportunities Fund

Institutional Class: SHXIX    

Investor Class: SHXPX    

Y Class: SHXYX

  • Long-term capital appreciation
  • The Fund will invest in value companies of all market capitalizations

American Beacon Shapiro SMID Cap Equity Fund    

Institutional Class: SHDIX

Investor Class: SHDPX    

Y Class: SHDYX

  • Long-term capital appreciation
  • The Fund will invest principally in small- and mid-capitalization domestic companies

About American Beacon Advisors

An investment affiliate of Resolute Investment Managers, Inc., American Beacon Advisors, Inc. is a leading provider of investment advisory services to institutional and retail markets. Established in 1986, American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations and other institutional investors, as well as retail clients. The firm also provides corporate cash management and fixed-income separate account management. American Beacon Advisors manages the American Beacon Funds, a series of competitively priced mutual funds. The Funds employ a “manager of managers” investment style and currently include international and domestic equity, fixed-income, alternative and money market funds. As of June 30, 2017, American Beacon Advisors had $57.0 billion in assets under management; Resolute Investment…

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