About ZGFAX
The American Beacon Ninety One Global Franchise Fund Y is a mutual fund designed to provide long-term capital growth by investing primarily in equity securities of high-quality global companies. The fund targets businesses with enduring competitive advantages, strong global brands, and durable business models that generate resilient free cash flow. Its portfolio is concentrated, typically holding between 25 to 40 companies, focusing on those with dominant market positions, stable industry presence, healthy balance sheets, and effective capital allocation. Exposure spans at least three countries, including the United States, with a significant portion—at least 40%—allocated to non-U.S. companies, offering broad geographic diversification. The investment approach emphasizes the quality factor, favoring firms with low sensitivity to economic cycles and sustainable cash generation. The fund is managed by an experienced team utilizing fundamental research, and it provides investors access to global leaders in sectors such as information technology, financial services, and consumer goods. With its disciplined strategy, the fund seeks to compound free cash flows and deliver robust returns over time, serving investors looking for high conviction, quality-focused exposure to international equities.
Fund Family American Beacon
Category World Large-Stock Growth
Stock Exchange NASDAQ
Ticker Symbol ZGFAX
Share Class Y Class
Index MSCI AC World NR USD
ZGFAX had a total return of 12.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.11%.