American Beacon Advisors has added a new mutual fund to its range of low-cost mutual funds. The American Beacon Flexible Bond Fund will invest across a broad suite of investment opportunities globally.
The firm will oversee the fund’s three sub-advisors, which are Pacific Investment Management, Brandywine Global Investment Management and GAM International Management. The new fund will invest primarily in bonds, including those rated as junk and also in interest rates and currencies, adds Bloomberg.
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