American Beacon International Equity Fund (AAIEX)
American Beacon International Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Irving, TX, US. The stock last traded at $19.90, up 0.81% on the session, giving a market capitalisation of $567.8M. Its beta of 0.97 implies it has historically moved less than the broad market.
This fund focuses its investments predominantly on international equities. It typically allocates a significant portion, at least 80% of its overall assets (including any capital borrowed for investment purposes), to common stocks and securities that can be converted into common stock. These holdings must originate from companies based in a minimum of three distinct countries outside the United States. The fund's primary geographic area for these investments corresponds to the nations included in the MSCI® EAFE Index. This benchmark index is designed to track the performance of large and mid-sized companies across 21 developed markets. These markets encompass countries throughout Europe, Australasia, and the Far East, but specifically exclude the United States and Canada.
American Beacon International Equity Fund is most often compared with the following Financial Services names: