American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX)
SHXPX Price Chart
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SHXPX Fund Profile
Key details and information about American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
12 Sept 2017
Country
US
Description
Under typical market conditions, this fund allocates a minimum of 80% of its net assets—including any capital borrowed for investment purposes—to equity securities. Its primary focus is on common stocks issued by U.S. companies. The investment objective is pursued through a value-driven approach, whereby the fund's investment sub-advisor seeks to identify and acquire the common shares of businesses believed to be trading below their intrinsic worth. Notably, the fund is classified as non-diversified, allowing for greater concentration in its holdings.
SHXPX Fund Performance
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