14 important things you should know about American Beacon ADNIX mutual fund

Updated: June 27, 2020
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Before we start: if you’re looking for ADNIX “stock” price, you can quickly find it out by visiting Finny and typing "ADNIX quote". If you’re looking for a quick scoop on ADNIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ADNIX". You’ll get all this info in one place.

Are you looking to buy or sell ADNIX? Or perhaps you’re looking for ADNIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ADNIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ADNIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ADNIX buy or sell; the pros and cons of investing in ADNIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ADNIX.

And here is the list of questions we’ll answer:

  1. Describe American Beacon Funds: American Beacon ARK Disruptive Innovation Fund; Institutional Class Shares (ADNIX).
  2. What are ADNIX holdings?
  3. What is ADNIX performance? What are ADNIX historical returns?
  4. How many up and down years did ADNIX have historically?
  5. What is ADNIX dividend yield?
  6. What is ADNIX minimum initial investment amount?
  7. What is ADNIX expense ratio?
  8. Does ADNIX have any sales loads or 12b-1 distribution expenses?
  9. What is ADNIX tax efficiency (tax-cost ratio)?
  10. What is ADNIX beta? How would you assess ADNIX risk?
  11. What is ADNIX Sharpe ratio?
  12. What is ADNIX Finny Score? ADNIX buy or sell?
  13. What are the pros of investing in ADNIX? What are ADNIX buy reasons?
  14. What are the cons of investing in ADNIX? What are ADNIX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Beacon Funds: American Beacon ARK Disruptive Innovation Fund; Institutional Class Shares (ADNIX).

The Fund seeks long-term growth of capital. The Fund seeks to achieve its objective by investing primarily all of the Fund's assets in domestic and foreign equity securities including common stocks and other equity investments or ownership interests in business enterprises that are relevant to disruptive innovation.

2. What are ADNIX top holdings?

ADNIX has 42 stock holdings and 0 bond holdings.

The top 10 holdings represent 51.16% of total assets. Here are the top holdings:

Name Symbol % Assets
Tesla Inc TSLA 9.77%
Square Inc A SQ 6.29%
Invitae Corp NVTA 6.19%
Illumina Inc ILMN 5.98%
CRISPR Therapeutics AG CRSP 4.69%
State Street US Government MMkt N/A 4.27%
Stratasys Ltd SSYS 3.64%
Roku Inc Class A ROKU 3.62%
2U Inc TWOU 3.56%
NanoString Technologies Inc NSTG 3.15%

3. What is ADNIX performance? What are ADNIX historical returns?

ADNIX has generated the following returns:

  • 1-month return is 23.88%;
  • 3-month return is 4.52%;
  • 1-year return is 32.50%;
  • 3-year return is 30.57%.

4. How many up and down years did ADNIX have historically?

In the last 10 years, ADNIX had 9 up years and 1 down year.

5. What is ADNIX dividend yield?

ADNIX yield is 0.15%.

6. What is ADNIX minimum initial investment amount?

ADNIX minimum initial investment amount is $250.00K.

7. What is ADNIX expense ratio?

ADNIX expense ratio is 1.01%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ADNIX have any sales loads or 12b-1 distribution expenses?

ADNIX 12b-1 distribution fee is 0. ADNIX front-end sales load is 0. ADNIX back-end sales load is 0.

9. What is ADNIX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.91%;
  • 3-year ax cost ratio is 1.43%.

10. What is ADNIX beta? How would you assess ADNIX risk?

  • 3-year beta is 1.26.

11. What is ADNIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.85.

Analysis

12. What is ADNIX Finny Score? ADNIX buy or sell?

ADNIX Finny Score is 40. Our quantitative analysis shows 2 reasons to buy ADNIX and 3 reasons to sell it, resulting in the Finny Score of 40.

13. What are the pros of investing in ADNIX? What are ADNIX buy reasons?

The following are ADNIX strengths from our perspective:

  • ADNIX 3-year return is 30.57%, which is higher than the 3-year return of the benchmark index (S&P 500 TR USD), 9.1%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in ADNIX? What are ADNIX negatives?

The following are ADNIX weaknesses from our perspective:

  • ADNIX net assets are $4.20 million. This fund is not a popular choice with retail investors.
  • ADNIX expense ratio is 1.01%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ADNIX 3-year Beta is 1.26, which is higher than the index (MSCI ACWI NR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
In the ADNIX review, we covered ADNIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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