Michael Ritzer - AMERICAN BEACON Fund Manager

AMPAX
 Fund
  

USD 12.17  0.00  0.00%   

  Executive
Michael D. Ritzer, CFA, General Partner, has thirteen years of investment experience and is responsible for mid cap equity research. Prior to joining WEDGE in 2010, Mr. Ritzer was a Senior Analyst at Freestyle Fund Services Company in New York, NY from 2004 to 2008. He was formerly an Investment Banking Analyst for Jefferies Company from 2003 to 2004. Mike received his BS in Commerce degree with a concentration in Finance and a second major in English from the McIntire School of Commerce at the University of Virginia. He received his MBA degree from the Darden Graduate School of Business at the University of Virginia. Mike is a member of the firms Investment Policy Committee.
        
800-658-5811  

AMERICAN BEACON Management Performance (%)

The investment seeks long-term capital appreciation and current income. American Beacon is traded on NASDAQ Exchange in the United States. The fund is listed under Mid-Cap Value category and is part of American Beacon family.

AMERICAN BEACON MID-CAP Management Team

Elected by the shareholders, the AMERICAN BEACON's board of directors comprises two types of representatives: AMERICAN BEACON inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AMERICAN. The board's role is to monitor AMERICAN BEACON's management team and ensure that shareholders' interests are well served. AMERICAN BEACON's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AMERICAN BEACON's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Ritzer, Fund Manager
John Carr, Fund Manager
Colin Hamer, Fund Manager

AMERICAN Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is AMERICAN BEACON a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AMERICAN BEACON without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with AMERICAN BEACON

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMERICAN BEACON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMERICAN BEACON will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to AMERICAN BEACON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMERICAN BEACON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AMERICAN BEACON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AMERICAN BEACON MID-CAP to buy it.
The correlation of AMERICAN BEACON is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AMERICAN BEACON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMERICAN BEACON MID-CAP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AMERICAN BEACON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the AMERICAN BEACON MID-CAP information on this page should be used as a complementary analysis to other AMERICAN BEACON's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between AMERICAN BEACON's value and its price as these two are different measures arrived at by different means. Investors typically determine AMERICAN BEACON value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN BEACON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.