We are excited to add Garcia Hamilton & Associates, a recognized leader in fixed-income investing, to our roster of sub-advisors.
IRVING, TEXAS (PRWEB) April 04, 2016
American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon Garcia Hamilton Quality Bond Fund (Institutional Class: GHQIX, Investor Class: GHQPX, Y Class: GHQYX) today.
The American Beacon Garcia Hamilton Quality Bond Fund is an investment-grade, fixed-income product that seeks to provide income, quality and liquidity consistent with the preservation of capital. The sub-advisor employs a top-down approach to portfolio management based on broad, fundamental analysis of interest rates, yield curve and sector allocation.
“We are excited to add Garcia Hamilton & Associates, a recognized leader in fixed-income investing, to our roster of sub-advisors,” Gene L. Needles, Jr., Chairman, President and CEO of American Beacon said. “They are yet another example of the under-distributed asset managers we strive to bring to our clients and shareholders.”
The Fund’s sub-advisor, Garcia Hamilton & Associates, L.P. (“Garcia Hamilton”), based in Houston, Texas, is an investment management company that offers high-quality, fixed-income strategies for institutional investors. Founded in 1988, the firm’s diversified client base includes public funds, jointly trusteed plans, endowments and corporations. The firm, which presently has 28 employees, is 100% employee-owned and certified as a Texas Historically Underutilized Business (HUB) and a MBE/MWBE firm in several states.
About American Beacon Advisors
Established in 1986, American Beacon is an experienced provider of investment advisory services to institutional and retail markets. 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 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, 2015, American Beacon Advisors had $48.1 billion in assets under management. For more information, go to http://www.americanbeaconfunds.com or follow on Twitter via @AmBeacon.
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, please contact your financial advisor, call 800.967.9009 or visit americanbeaconfunds.com. The prospectus and summary prospectus should be read carefully before investing.
The use of fixed-income securities entails interest rate and credit risks. Credit risk is the risk that the issuer of a bond will fail to make timely payment of interest or principal; and the decline in an issuer’s credit rating can cause the price of its bonds to go down. 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.
Distributed by Foreside Fund Services, LLC.
American Beacon is a registered service mark of American Beacon Advisors, Inc.
American Beacon Funds and American Beacon Garcia Hamilton Quality Bond Fund are service marks of American Beacon Advisors, Inc.