A topnotch subadvisor executes a thoughtful, risk-controlled approach to risk parity investing on American Beacon AHL Target Risk. Increased conviction in the team drives a People Pillar upgrade to High, which in turn results in an upgrade to the fund’s Morningstar Analyst Rating to Silver from Bronze for its four cheapest share classes. The more-expensive C share class remains rated Neutral.
American Beacon AHL TargetRisk Y AHTYX Fund Analysis
Morningstar’s Fund Analysis AHTYX
Will AHTYX outperform in 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 AHTYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the AHTYX 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 AHTYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An excellent risk parity approach..
