American Beacon AHL Managed Futures Strategy Fund (AHLPX)
The investment seeks capital growth. The fund seeks to achieve its investment objective by implementing a quantitative trading strategy and systematic investment process designed to capitalize on price trends in a broad range of global markets including stock indices, bonds and bond futures, currency and currency futures, and interest rates by utilizing derivative instruments. It invests primarily in derivatives, including futures, and forward contracts,foreign currency forward contracts, including non-deliverable forwards (NDFs), and non-U.S. currency futures contracts. It is non-diversified.
Fund Info
| ISIN | US0245256518 |
|---|---|
| CUSIP | 024525651 |
| Issuer | American Beacon |
| Inception Date | Aug 18, 2014 |
| Category | Systematic Trend |
| Minimum Investment | $2,500 |
| Asset Class | Alternatives |
Expense Ratio
The American Beacon AHL Managed Futures Strategy Fund has a high expense ratio of 1.83%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in American Beacon AHL Managed Futures Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
American Beacon AHL Managed Futures Strategy Fund had a return of -2.15% year-to-date (YTD) and 0.70% in the last 12 months. Over the past 10 years, American Beacon AHL Managed Futures Strategy Fund had an annualized return of 5.12%, while the S&P 500 had an annualized return of 9.18%, indicating that American Beacon AHL Managed Futures Strategy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.22% | 4.68% |
| Year-To-Date | -2.15% | 11.53% |
| 6 months | -2.07% | 5.17% |
| 1 year | 0.70% | 2.53% |
| 5 years (annualized) | 6.65% | 9.39% |
| 10 years (annualized) | 5.12% | 9.18% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.49% | -0.68% | -3.53% | 0.81% | 0.50% | |||||||
| 2022 | -4.13% | -0.33% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Managed Futures Strategy Fund (AHLPX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AHLPX American Beacon AHL Managed Futures Strategy Fund | 0.07 | ||||
^GSPC S&P 500 | 0.21 |
Dividend History
American Beacon AHL Managed Futures Strategy Fund granted a 18.03% dividend yield in the last twelve months. The annual payout for that period amounted to $1.80 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.80 | $1.80 | $0.74 | $0.54 | $0.42 | $0.15 | $0.42 | $0.00 | $0.35 | $0.31 |
Dividend yield | 18.03% | 17.64% | 8.42% | 6.48% | 5.53% | 2.01% | 5.71% | 0.00% | 4.97% | 4.23% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon AHL Managed Futures Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
| 2014 | $0.31 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the American Beacon AHL Managed Futures Strategy Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the American Beacon AHL Managed Futures Strategy Fund is 14.52%, recorded on Nov 4, 2016. It took 303 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.52% | Feb 12, 2016 | 186 | Nov 4, 2016 | 303 | Jan 22, 2018 | 489 |
| -13.16% | Jan 29, 2018 | 198 | Nov 7, 2018 | 199 | Aug 26, 2019 | 397 |
| -10.72% | Sep 28, 2022 | 118 | Mar 17, 2023 | — | — | — |
| -10.03% | Sep 4, 2019 | 64 | Dec 3, 2019 | 72 | Mar 18, 2020 | 136 |
| -9.11% | Mar 20, 2015 | 197 | Dec 29, 2015 | 30 | Feb 11, 2016 | 227 |
Volatility Chart
The current American Beacon AHL Managed Futures Strategy Fund volatility is 1.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.