American Beacon Select Etf Profile

MGNR Etf   32.20  0.12  0.37%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
American Beacon is selling at 32.20 as of the 28th of November 2024; that is 0.37 percent down since the beginning of the trading day. The etf's lowest day price was 32.17. American Beacon has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for American Beacon Select are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
American Beacon is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on American Beacon Select

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American Etf Highlights

Thematic IdeaSector ETFs (View all Themes)
Business ConcentrationSector ETFs, Natural Resources (View all Sectors)
IssuerAmerican Beacon Advisors
Inception Date2024-02-06
Entity TypeRegulated Investment Company
Asset Under Management82.31 Million
Asset TypeEquity
CategorySector
FocusNatural Resources
Market ConcentrationBlended Development
RegionGlobal
AdministratorAmerican Beacon Advisors, Inc.
AdvisorAmerican Beacon Advisors, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Financial Services, LLC
Portfolio ManagerAlbert Chu
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Jul
ExchangeNYSE Arca, Inc.
Number of Constituents47.0
Market MakerVirtu Financial
Total Expense0.75
Management Fee0.75
Country NameUSA
CodeMGNR
Updated At27th of November 2024
NameAmerican Beacon Select Funds
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01LC6V1V4
TypeETF
American Beacon Select [MGNR] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Sector ETFs. American Beacon Select now have in assets.
Check American Beacon Probability Of Bankruptcy

Geographic Allocation (%)

American Beacon Select Currency Exposure

American Beacon Select holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of American Beacon will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in American Beacon Select.

Top American Beacon Select Etf Constituents

YZ8Permian ResourcesStockDE Stock
EROEro Copper CorpStockMaterials
ARAntero Resources CorpStockEnergy
CTVACortevaStockMaterials
TRGPTarga ResourcesStockEnergy
GEVGE Vernova LLCStockUtilities
AGROAdecoagro SAStockConsumer Staples
SWSmurfit WestRock plcStockMaterials
More Details

American Beacon Select Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Beacon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

American Beacon Against Markets

When determining whether American Beacon Select is a strong investment it is important to analyze American Beacon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Beacon's future performance. For an informed investment choice regarding American Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Beacon Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of American Beacon Select is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Beacon's value that differs from its market value or its book value, called intrinsic value, which is American Beacon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Beacon's market value can be influenced by many factors that don't directly affect American Beacon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Beacon's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Beacon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Beacon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.