American Beacon Advisors Bolsters ETF Offerings With New Natural Resources Fund

American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today the launch of its second exchange-traded fund, the American Beacon GLG Natural Resources ETF (“the Fund”) (Ticker: MGNR).

Man Group plc (“Man Group”)’s U.S. based discretionary investment manager will serve as sub-advisor for the Fund and Albert Chu, CFA, an industry veteran with more than 20 years of investment experience in natural resource equities and commodity futures, will serve as the Fund’s portfolio manager. The Fund’s shares became available February 6.

Building upon a 10-year partnership, this is the fifth active fund that American Beacon has launched with Man Group and its affiliated businesses, having most recently collaborated on the American Beacon AHL Trend ETF and the American Beacon AHL Multi-Alternatives Fund in August 2023.

“We’re very excited to launch our first natural resources-focused fund, especially alongside the trusted partner we have in Man Group,” Jeff Ringdahl, president and CEO of American Beacon and its parent company, Resolute Investment Managers, Inc., said. “We've been fortunate to enjoy mutual successes with Man Group and its subsidiaries for nearly a decade, so the launch of the American Beacon GLG Natural Resources ETF is a testament to our work together. At American Beacon, this represents another step forward in our journey to expand our ETF offerings and help investors address their diverse portfolio needs.”

Eric Burl, head of Discretionary at Man Group, said, “We’re thrilled to officially announce the launch of this Fund alongside American Beacon. We continuously look for experienced partners who can complement our expertise with their own, and American Beacon is a natural fit given our established working relationship. It appears that ETFs are becoming an essential part of an investor’s toolkit, and we believe this Fund will allow investors to extract potential value from dynamic natural resources and their associated equity universe.”

The Fund is a fully transparent, active equity strategy, offering investors exposure to a portfolio of approximately 30 to 60 securities within the natural resources value chain, including energy, materials, agriculture and chemicals, among others. While not limited in geographic scope, the Fund will invest predominantly in North America, the U.K. and other developed countries.