- What does AIEAX invest in?
- This fund endeavors to secure significant long-term appreciation of its capital. It routinely dedicates at least 80% of its net assets (augmented by any funds acquired through borrowing for investment purposes) to equity instruments, which encompass common stocks and securities convertible into common stocks. These holdings originate from issuers situated in a minimum of three different countries located beyond the borders of the United States. The investment focus primarily centers on the nations that constitute the MSCI EAFE Index®. This particular index is structured to reflect the financial performance of large and mid-sized companies across 21 developed global markets. Its geographical scope includes regions such as Europe, Australasia, and the Far East, but explicitly omits both the U.S. and Canada.
- What is the expense ratio of AIEAX?
- American Beacon International Equity Fund Class A (AIEAX) charges an expense ratio of 1.23%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is AIEAX?
- American Beacon International Equity Fund Class A (AIEAX) manages $591.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is AIEAX actively managed or an index fund?
- AIEAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (AIEAX's is 1.23%) because there's no security selection cost.
- When was AIEAX launched?
- American Beacon International Equity Fund Class A (AIEAX) launched in May 2010 and is managed by the fund issuer.
- How has AIEAX performed?
- AIEAX'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.
