AAISX — American Beacon International Equity Fund, Advisor Class
Data updated: 2026-09-24
AAISX — American Beacon International Equity Fund, Advisor Class. 1.28% expense ratio · no sales load. Holdings, fees, performance and SEC filings.
AAISX Fund Overview
AAISX — American Beacon International Equity Fund, Advisor Class is a US mutual fund managed by American Beacon Funds, categorised as Europe Large Cap Blend / Core Energy Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Beacon Funds
- Category: Europe Large Cap Blend / Core Energy Equity
- Assets under management: $607.09M
- 1-year return: 25.5%
- Ticker: AAISX
- SEC CIK: 0000809593
- SEC series ID: S000001825
- Share class ID: C000004786
AAISX Investment Objective and Strategy
American Beacon International Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Beacon Funds.
Investment objective
The Fund's investment objective is long-term capital appreciation.
Principal investment strategy
"Under normal circumstances, at least 80% of the Fund's net assets (plus the amount of any borrowings for investment purposes) are invested in common stocks and securities convertible into common stocks (collectively, ""stocks"") of issuers based in at least three different countries located outside the United States. The Fund will primarily invest in countries comprising the Morgan Stanley Capital International Europe Australasia and Far East Index (""MSCI EAFE Index""). The MSCI EAFE Index is comprised of equity securities of companies from various industrial sectors whose primary trading markets are located outside the United States. Companies included in the MSCI EAFE Index are selected from among the larger capitalization companies in these markets. The Fund may invest in companies of all market capitalizations.
The Fund may use futures contracts and foreign currency forward contracts, including non-deliverable forward contracts (""NDFs""), as a hedge against foreign currency fluctuations. The Manager allocates the assets of the Fund among different sub-advisors. The Manager believes that this strategy may help the Fund outperform other investment styles over the longer term while reducing volatility and downside risk. The sub-advisors select stocks that, in their opinion, have most or all of the following characteristics (relative to that stock's country, sector or industry): above-average return on equity or earnings growth potential, below-average price to earnings or price to cash flow ratio, below-average price to book value ratio, and above-average dividend yields. The sub-advisors may consider potential changes in currency exchange rates when choosing stocks.
Each of the sub-advisors determines the earnings growth prospects of companies based upon a combination of internal and external research using fundamental analysis and considering changing economic trends. The decision to sell a stock is typically based on the belief that the company is no longer considered undervalued or shows deteriorating fundamentals, or that better investment opportunities exist in other stocks. A sub-advisor may trade forward foreign currency contracts, including NDFs, or currency futures in an attempt to reduce the Fund's risk exposure to adverse fluctuations in currency exchange rates. The Fund may invest cash balances in other investment companies, including money market funds, and may purchase and sell futures contracts to gain market exposure on cash balances or reduce market exposure in anticipation of liquidity needs.
The Fund may lend its securities to broker-dealers and other institutions to earn additional income."
AAISX Holdings
Top 10 holdings of American Beacon International Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Beacon U.S. Government Money Market | 4.13% |
| Banco Santander SA | 2.11% |
| Cie de Saint-Gobain SA | 2.06% |
| Barclays PLC | 2.00% |
| AstraZeneca PLC | 1.99% |
| Shell PLC | 1.73% |
| BNP Paribas SA | 1.72% |
| Kering SA | 1.70% |
| Reckitt Benckiser Group PLC | 1.65% |
| NatWest Group PLC | 1.65% |
AAISX Portfolio Allocation
Asset-class allocation of American Beacon International Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.7% |
| Cash & Equivalents | 4.1% |
| Derivatives | 0.1% |
AAISX Performance
Total returns for AAISX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.48% |
| 1 year | 25.48% |
| 3 years (annualised) | 15.01% |
| 5 years (annualised) | 9.38% |
AAISX Risk Information
Risk metrics for AAISX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.74%
AAISX Costs and Fees
AAISX costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 1.28%
- Portfolio turnover: 49%
- Brokerage commissions: 7.52 bps of average net assets (SEC N-CEN)
AAISX Cashflows
Over the 12 months to 2026-04, American Beacon International Equity Fund had net outflows of $26.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$8.81M |
| 2026-03 | −$7.89M |
| 2026-02 | −$5.76M |
| 2026-01 | −$5.36M |
| 2025-12 | $41.31M |
| 2025-11 | −$10.53M |
AAISX Debt Constituents
No individual debt constituents are reported in American Beacon International Equity Fund's latest SEC N-PORT filing.
AAISX Prospectus and SEC Filings
Official American Beacon International Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-26
- Prospectus (485BPOS) — filed 2025-02-27
- Prospectus (485BPOS) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2026-09-24
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-31
- Annual census (N-CEN) — filed 2026-01-13
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Europe Large Cap Blend / Core Energy Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.