MGNR

American Beacon GLG Natural Resources ETF

$41.31
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The American Beacon GLG Natural Resources ETF seeks to provide exposure to companies involved in the exploration, production, and distribution of natural resources.

Overview

ETF tracking American Beacon GLG Natural Resources ETF

Category Other
Issuer Other
Inception Date 2024-02-06
Market Cap $234.4M
Average Volume N/A
Dividend Yield 0.98%
52-Week Range $25.41 - $42.26
VWAP $41.28

Performance

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Investment Summary

📎 Investment Objective

The American Beacon GLG Natural Resources ETF seeks to provide exposure to companies involved in the exploration, production, and distribution of natural resources.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies across the natural resources sector, including energy, metals, and mining companies. The fund's holdings are selected and weighted based on the investment team's fundamental research and analysis.

✨ Key Features

  • Provides diversified exposure to the global natural resources industry
  • Actively managed by the experienced GLG investment team
  • Potential to benefit from long-term trends in natural resource demand and supply
  • Relatively concentrated portfolio of approximately 30-50 holdings

⚠️ Primary Risks

  • Sector-specific risk: The fund's performance is closely tied to the natural resources sector, which can be volatile and cyclical
  • Geopolitical and regulatory risk: Changes in government policies, trade agreements, and environmental regulations can impact natural resource companies
  • Currency risk: The fund's global exposure means it is subject to fluctuations in foreign exchange rates
  • Liquidity risk: Shares of smaller or less-traded natural resource companies may be difficult to buy or sell

👤 Best For

This ETF may be suitable for investors seeking exposure to the natural resources sector as part of a diversified portfolio. It may be most appropriate for investors with a long-term investment horizon and a higher risk tolerance, as the natural resources sector can be volatile in the short term.