- What does ADNPX invest in?
- Under ordinary conditions, the fund predominantly allocates its assets to a portfolio of equity-based investments. These encompass common shares, various equity interests, and ownership stakes in enterprises aligned with its core investment theme of transformative innovation. Its international equity exposure extends to both established and emerging global markets. To facilitate these foreign investments, the fund utilizes instruments such as American Depositary Receipts (ADRs), securities traded on overseas exchanges, and holdings denominated in foreign currencies. This fund operates with a non-diversified investment strategy.
- What is the expense ratio of ADNPX?
- American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) charges an expense ratio of 1.38%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is ADNPX?
- American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) is one share class of a fund that manages $185.3M across all of its share classes (ADNRX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is ADNPX actively managed or an index fund?
- ADNPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ADNPX's is 1.38%) in exchange for the discretion to over- or under-weight positions.
- When was ADNPX launched?
- American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) launched in January 2017 and is managed by American Beacon.
- How has ADNPX performed?
- ADNPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
