American Beacon Ninety One Emerging Markets Equity Fund Y Class (ZEMAX)
| Fund Assets | 371.36M |
| Expense Ratio | 0.92% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.01 |
| Dividend Yield | 0.10% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.97 |
| YTD Return | 17.73% |
| 1-Year Return | 20.44% |
| 5-Year Return | 40.77% |
| 52-Week Low | 9.98 |
| 52-Week High | 13.08 |
| Beta (5Y) | 0.68 |
| Holdings | 83 |
| Inception Date | Nov 28, 2018 |
About ZEMAX
The American Beacon Ninety One Emerging Markets Equity Fund Y Class is a mutual fund designed to offer investors targeted exposure to companies listed or operating in developing economies. Managed by a seasoned team with deep expertise in emerging markets, the fund employs a style-agnostic, bottom-up investment strategy that focuses on identifying high-quality, attractively valued companies exhibiting strong operating momentum and increasing investor interest. By leveraging fundamental research and proprietary analytics, the fund seeks to exploit market inefficiencies and deliver consistent, long-term capital growth. Its diversified approach spans a range of sectors, typically holding 70 to 90 stocks, while maintaining flexibility across market capitalizations and styles. The fund plays a significant role in enabling institutional and retail investors to participate in the dynamic growth potential of emerging markets, which generate a substantial share of global GDP but remain underrepresented in traditional equity portfolios. As a core solution within the American Beacon and Ninety One partnership, the fund is positioned to help investors capitalize on opportunities across emerging market cycles.
Performance
ZEMAX had a total return of 20.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ZEMIX | R5 Class | 0.85% |
| ZEMRX | R6 Class | 0.82% |
Top 10 Holdings
33.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 9.89% |
| Tencent Holdings Limited | 0700 | 6.58% |
| Alibaba Group Holding Limited | BABAF | 4.14% |
| American Beacon US Govt MMkt Select | n/a | 2.44% |
| Pop Mart International Group Limited | 9992 | 2.01% |
| Reliance Industries Limited | RELIANCE | 1.85% |
| China Construction Bank Corporation | CICHF | 1.82% |
| Meituan | 3690 | 1.76% |
| Xiaomi Corporation | 1810 | 1.73% |
| ICICI Bank Limited | ICICIBANK | 1.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $0.0123 | Dec 29, 2023 |
| Dec 30, 2021 | $0.1627 | Dec 31, 2021 |
| Dec 22, 2021 | $0.7677 | Dec 23, 2021 |
| Dec 30, 2020 | $0.1114 | Dec 31, 2020 |
| Dec 30, 2019 | $0.2825 | Dec 31, 2019 |
| Dec 28, 2018 | $0.0128 | Dec 31, 2018 |