Fund Evaluator:

American Beacon AHL Mgd Futs Strat Inv Overview

American Beacon AHL Mgd Futs Strat Inv (AHLPX) is an actively managed Alternative Systematic Trend fund. American Beacon launched the fund in 2014.

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 by utilizing derivative instruments to seek exposure to stock indices, bonds, currencies, and interest rates. It invests primarily in derivatives, including futures contracts, and forward contracts, such as foreign currency forward contracts and non-deliverable forwards (“NDFs”). It is non-diversified.

About American Beacon AHL Mgd Futs Strat Inv (AHLPX)

There are 2 members of the management team with an average tenure of 6.38 years: Russell Korgaonkar (2014), Giuliana Bordigoni (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and ICE BofA US 3M Trsy Bill TR USD index with a weighting of 100%. American Beacon AHL Mgd Futs Strat Inv has 80 securities in its portfolio. The top 10 holdings constitute 53.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

American Beacon AHL Mgd Futs Strat Inv is part of the Alternative Strategies global asset class and is within the Alternative fund group. American Beacon AHL Mgd Futs Strat Inv has 3.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 13.5%. There is 14.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 44.1% (54.6% domestic bond, -10.5% foreign bond and 0.0% convertible bond). American Beacon AHL Mgd Futs Strat Inv has 22.5% of the portfolio in cash.

Assets Under Management

The fund has $17 million in total assets, which is below the $248 million average for the Systematic Trend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

AHLPX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Beacon AHL Mgd Futs Strat Inv expense ratio is high compared to funds in the Systematic Trend category. American Beacon AHL Mgd Futs Strat Inv has an expense ratio of 1.93%, which is 4% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for American Beacon AHL Mgd Futs Strat Inv. By way of comparison, the average portfolio turnover is 209% for the Systematic Trend category.

Recently, in the month of June 2026, American Beacon AHL Mgd Futs Strat Inv returned -0.2%, which earned it a grade of A, as the Systematic Trend category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

American Beacon AHL Mgd Futs Strat Inv has a trailing yield of 7.29%, which is above the 2.60% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

American Beacon AHL Mgd Futs Strat Inv Grades

Year to date, the fund has returned 10.7%, 3.5 percentage points better than the category, which translates into a grade of A. The fund has returned 25.6% over the past year (grade of A), 3.6% over the past three years (grade of C) and 4.3% per year over the past five years (grade of B) and 4.5% per year over the past 10 years (grade of A).

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