MGNRAmerican Beacon GLG Natural Resources ETF

Grow my money2y track recordRanked #1,246 of 2,960 in this goal

Seeks long-term capital appreciation.

By American Beacon · Launched 2024

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$867M

#1,199 of 5,562 · large

Return (1Y)Goal

+56.3%

Track Record

2 years

#3,433 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$15,700+57.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 35.4% of fund✓ well diversified

Hudbay Minerals Inc

4.3%

Teck Resources Ltd

4.2%

Equinox Gold Corp

3.9%

Kinross Gold Corp

3.8%

Anglogold Ashanti Plc

3.7%

Range Resources Corp

3.5%

Bunge Global SA

3.1%

ArcelorMittal SA

3.0%

Antero Resources Corp

3.0%

Methanex Corp

2.9%

Asset allocation

Stocks

100.0%

Cash

0.0%

By sector

Basic Materials

51.0%

Energy

24.3%

Consumer Defensive

8.5%

Industrials

7.3%

Consumer Cyclical

5.1%

Technology

3.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

24.3%High

Year-on-year price swings

Max drawdown

-22.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Invests primarily in equity securities of companies engaged in natural resources and related businesses, including metals, agricultural products, and energy. The Fund may invest in common stocks, ADRs, EDRs, GDRs, and master limited partnerships. The sub-advisor uses top-down and bottom-up analysis to select companies with potential for capital appreciation.
Inception date: February 5, 2024
Fund family: American Beacon