About ADNPX
The American Beacon ARK Transformational Innovation Fund Investor Class is an actively managed mutual fund aimed at achieving long-term capital growth by investing in companies at the forefront of disruptive and transformational innovation. Managed in collaboration with ARK Investment Management, the fund focuses on identifying and capitalizing on themes reshaping industries, such as robotics, 3D printing, big data, machine learning, cloud computing, energy storage, and DNA sequencing. The fund's holdings largely consist of equities, with significant allocations to sectors like technology, healthcare, and financial services, and a particular emphasis on mid-cap growth companies. Notable portfolio holdings include firms driving advancements in artificial intelligence, fintech, and next-generation internet technologies. Through a research-driven, open ecosystem that leverages both traditional analysis and alternative data sources, the fund seeks to target innovative companies poised to benefit from cross-sector technological shifts. Additionally, the fund applies a socially conscious approach, avoiding investments in fossil fuels, and benchmarks its performance against the S&P 500 Total Return Index, reflecting its ambition to deliver superior growth prospects compared to broad market indices.
Fund Family American Beacon
Category Technology
Performance Rating Low
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol ADNPX
Share Class Investor Class
Index S&P 500 TR
ADNPX had a total return of -0.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.75%.
