About ADNAX
The American Beacon ARK Transformational Innovation Fund Class A is an actively managed mutual fund with a primary objective of achieving long-term capital growth. The fund focuses on investing in transformational innovation across the global equity markets, targeting companies at the forefront of disruptive sectors such as robotics, 3D printing, artificial intelligence, cloud computing, energy storage, and DNA sequencing. Managed in partnership with ARK Investment Management, the fund leverages deep expertise in identifying and investing in companies that are driving technological and structural changes across industries.
The fund’s investment strategy is thematic, centering on businesses that are innovating and potentially reshaping existing markets or creating entirely new ones. Its holdings span diverse industries, from technology and healthcare to financial services, and it includes both domestic and foreign equities, often through developed markets and select American Depositary Receipts. The fund is relatively concentrated in its top positions and is classified as non-diversified, which means performance can be more closely tied to its largest holdings compared to broader-market funds. It also incorporates environmental, social, and governance (ESG) considerations, with zero direct exposure to fossil fuel investments, underscoring a commitment to sustainability as part of its investment approach.
Fund Family American Beacon
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol ADNAX
Share Class A Class
Index S&P 500 TR
ADNAX had a total return of 5.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.57%.
