American Beacon Advisors Unveils New American Beacon TwentyFour Short Term Bond Fund

Fund Created in Partnership With TwentyFour Asset Management

IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. (“American Beacon”), a leading provider of investment advisory services to institutional and retail markets, announced today the launch of the American Beacon TwentyFour Short Term Bond Fund (A Class: TFBAX; C Class: TFBCX; Y Class: TFBYX; R6 Class: TFBRX). The Fund’s shares became available on February 18, 2020.

American Beacon serves as the manager of the Fund, while TwentyFour Asset Management (US) LP serves as the sub-advisor. TwentyFour, a boutique of Vontobel, specializes in fixed-income strategies for institutional and high-net-worth investors.

The Fund’s objective is to seek a positive return based on a combination of income and, secondarily, capital growth. The investment team of the Fund takes a genuine long-only approach, with an unlevered bond strategy, designed to keep volatility low.

“We are pleased to be able to launch this Fund, our first new mutual fund in 2020, as part of our partnership with TwentyFour,” Gene Needles, chairman and CEO of American Beacon and Resolute Investment Managers, said. “TwentyFour has a strong record of delivering competitive fixed-income returns and we believe our clients will benefit from their expertise.”

“We look forward to working with American Beacon to support this new Fund, especially at a time when yields are low, volatility is likely to rise and investors are looking to improve risk-adjusted returns,” Mark Holman, CEO of TwentyFour Asset Management, said.

The American Beacon TwentyFour Short Term Bond Fund is the second American Beacon investment product sub-advised by TwentyFour; the American Beacon TwentyFour Strategic Income Fund launched in 2017. For more information visit americanbeaconadvisors.com.

About American Beacon Advisors

An investment affiliate of Resolute Investment Managers, Inc., American Beacon Advisors, Inc. is a leading provider of investment advisory services to institutional and retail markets. Established in 1986, American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations and other institutional investors, as well as retail clients. The firm also provides corporate cash management and fixed-income separate account management. American Beacon Advisors manages the American Beacon Funds, a series of competitively priced mutual funds. The Funds employ a “manager of managers” investment style and currently include international- and domestic-equity, fixed-income, and money-market funds. As of December 31, 2019, American Beacon Advisors had $57.5 billion in assets under management; the affiliated companies of Resolute Investment Managers had $86.7 billion in assets under management. For more information, visit americanbeaconadvisors.com.

About TwentyFour Asset Management

TwentyFour Asset Management (US) LP provides a global perspective on fixed-income investments that is unique among U.S. managers in the credit sector. The firm is a subsidiary of TwentyFour Asset Management LLP in the U.K., which was founded in 2008 and is majority-owned by Vontobel Asset Management in Switzerland. TwentyFour offers highly transparent products and seeks to achieve risk-adjusted returns while retaining a strong focus on capital preservation. TwentyFour had $22.9 billion in assets under management as of January 31, 2020. For more information, visit twentyfouram.com.

You should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and summary prospectus contain this and additional information regarding the Fund. To obtain a prospectus or summary prospectus, call 800.967.9009 or visit americanbeaconfunds.com. The prospectus and summary prospectus should be read carefully before investing.

Important Information: The Fund’s investments in debt securities entail interest rate risk which is the risk that debt securities will decrease in value with increases in market interest rates. Investing in high-yield securities is subject to greater levels of credit, interest rate, market and liquidity risks than investment-grade securities. Investing in derivative instruments, including forwards, futures, options, swaps and other instruments, involves liquidity, credit, interest rate and market risks and in some cases the addition of financial leverage, which can magnify these risks. Investing in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. The Fund may have high portfolio turnover risk, which could increase the Fund’s transaction costs and possibly have a negative impact on performance. Because the Fund may invest in fewer issuers than a more diversified portfolio, the fluctuating value of a single holding may have a greater effect on the value of the Fund. To the extent the Fund invests more heavily in particular sectors, its performance will be sensitive to factors affecting those sectors. Financial sector companies are heavily regulated and particularly sensitive to interest rate fluctuations. To the extent the Fund invests more heavily in a particular country or geographic region, its performance will be sensitive to factors affecting that country or region. United Kingdom securities are subject to continued uncertainty and instability arising from the United Kingdom’s departure from the European Union. Please see the prospectus for a complete discussion of the Fund’s risks. There can be no assurances that the investment objectives of this Fund will be met.

American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon Funds, American Beacon TwentyFour Short Term Bond Fund, and American Beacon TwentyFour Strategic Income Fund are service marks of American Beacon Advisors, Inc. The American Beacon Funds are distributed by Resolute Investment Distributors, Inc.