Morningstar

American Beacon ARK Transformational Innovation Fund Class C ADNCX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See American Beacon Investment Hub
  • NAV / 1-Day Return $21.00  /  −4.46 %
  • Fund Size $158.6M
  • Adjusted Expense Ratio 2.160%
  • Net Expense Ratio 2.120%
  • Fee Level: Distribution Above Average
  • Share Class Type Level Load
  • Morningstar Category Technology
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 47%
NAV and 1-Day Return as of

Morningstar’s Analysis ADNCX

Will ADNCX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADNCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ADNCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ADNCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still fragile, but firmer around the edges.

Principal Robby Greengold

Robby Greengold

Principal

Summary

ARK Innovation’s investment team promises investors a front-row seat to the future, and its broad calls on technologies such as artificial intelligence, biotechnology, and robotics have often been directionally correct. However, it hasn’t shown a strong ability to identify the themes’ biggest winners while prudently managing the portfolio’s extreme risks.

by Robby Greengold
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ADNCX

More ADNCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 49.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Tesla Inc

9.12 16M
Consumer Cyclical

Space Exploration Technologies Corp Class A

6.20 11M
Industrials

Tempus AI Inc Class A common stock

5.67 10M
Healthcare

Coinbase Global Inc Ordinary Shares - Class A

4.93 9M
Financial Services

Circle Internet Group Inc Ordinary Shares - Class A

4.76 8M
Financial Services

CRISPR Therapeutics AG

4.38 8M
Healthcare

U.S. Government Money Market S

4.30 8M
Cash and Equivalents

Twist Bioscience Corp

4.18 7M
Healthcare

Robinhood Markets Inc Class A

3.72 7M
Financial Services

10x Genomics Inc Ordinary Shares - Class A

3.13 6M
Healthcare

Sponsor Center