• FirefoxUpgrade to the new Firefox »
  •  Dow Down0.79% Nasdaq Up0.16%

    American Beacon S&P 500 Idx Instl (AASPX)

    27.91 Down 0.16(0.57%) Jan 23

    Profile as of Dec 30, 2014Get Profile for:
    American Beacon S&P 500 Idx Instl
    American Beacon Advisors4151 AMON CARTER BOULEVARDFORT WORTH MA 76155
    Phone: 800-967-9009
    Fund Overview 
    Category:Large Blend
    Fund Family:American Beacon
    Net Assets:1.31B
    Year-to-Date Return:13.54%
    Morningstar Rating:4 stars
    Fund Inception Date:Dec 31, 1996
    Morningstar Style Box 
    Large Blend
    [View Category Definition]
    View Top Large Blend Funds
    About the Morningstar Style Box
    Management Information 
    Karl A. Schneider
    Lead Manager since Dec 31, 2000
    Prior to joining the Global Structured Products Group, Karl worked as a portfolio manager in SSgA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. Prior to this, he worked as an analyst in State Street's Process Engineering division where he both assisted and led a number of internal consulting engagements aimed at improving operational efficiencies within the custody bank.
    Investment Information 
    Min Initial Investment:250,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    AASPX can be purchased from 53 brokerages.

    Fund Summary 
    The investment seeks to replicate as closely as possible, before expenses, the performance of the Standard & Poor's 500 Index. The fund seeks to achieve its investment objective by investing substantially all of its investable assets in the State Street Equity 500 Index Portfolio (the "Portfolio"), a series of State Street Master Funds (the "Master Funds"), which has the same investment objective as, and investment policies that are substantially similar to those of the fund. For easier reading, in this Prospectus, the term "Fund" includes the Portfolio.

    Fund Operations 
    Last Dividend (Dec 21, 2014) : 0.13
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jan 21, 2015) : 15.00%
    Average for Category:46.41%
    Fees & Expenses 
    ExpenseAASPXCategory Avg
    Annual Report Expense Ratio (net):0.14%1.08%
    Prospectus Net Expense Ratio:0.14%N/A
    Prospectus Gross Expense Ratio:0.14%N/A
    Max 12b1 Fee:0.00%N/A
    Max Front End Sales Load:N/A5.27%
    Max Deferred Sales Load: N/A2.17%
    3 Yr Expense Projection*:45546
    5 Yr Expense Projection*:79863
    10 Yr Expense Projection*:1791,755
    * Per $10,000 invested