American Beacon Announces Flexible Bond Fund

FORT WORTH, Texas, July 11, 2011 /PRNewswire/ -- American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, is pleased to announce the addition of a new mutual fund, American Beacon Flexible Bond Fund (Ticker: AFXIX), to its established family of low-cost mutual funds.

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The Fund seeks to achieve a positive return regardless of market conditions over a full market cycle by allocating investments across a wide range of investment opportunities globally. American Beacon will oversee the Fund's three sub-advisors: Pacific Investment Management Company LLC (Pimco); Brandywine Global Investment Management, LLC; and GAM International Management Ltd.

"We are very excited to offer the American Beacon Flexible Bond Fund at a time when more retail and institutional investors seek absolute rather than relative returns," said Gene L. Needles Jr., President and CEO of American Beacon Advisors. "We have uniquely integrated multiple, highly regarded asset managers in a single mutual fund in order to offer greater diversification, minimize portfolio volatility and pursue positive performance."

The Fund seeks absolute returns with volatility commensurate with broad fixed income indexes, seeking to achieve its goal by investing primarily in bonds, interest rates, and currencies with little or no traditional benchmark-oriented constraints. These investments may be implemented with cash securities and derivatives. Consistent with its unconstrained approach, the Fund may invest in all bond sectors and a broad array of security types including inflation-indexed, floating rate and non-investment grade securities.

"Advisors and investors are embracing the shift toward more flexibility, seeking strategies that enable them to invest in an asset class, unconstrained by the restrictions of traditional benchmarks," Mr. Needles said. "With a flexible fixed-income strategy and absolute-return focus, the American Beacon Flexible Bond Fund attempts to capitalize on pricing dislocations and pursue maximum value wherever it may exist, presenting a promising core holding in a variety of economic and interest rate environments."

To request more information, please contact Tony Kono at 973-850-7323 or [email protected].

About American Beacon Advisors

American Beacon Advisors is an experienced provider of investment advisory services to institutional and retail markets. Since 1986, American Beacon Advisors has offered a variety of products and services including corporate cash management and fixed income separate account management for corporations and institutions as well as for state and local government entities.

American Beacon Advisors also manages the American Beacon Funds, a series of mutual funds representing a variety of investment strategies for the equity, fixed income, domestic and international markets. The fund family currently includes several investment options such as equity funds, bond funds and money market funds. American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations and other institutional investors, as well as retail clients.

Past performance is no guarantee of future results.

You should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The Prospectus and Summary Prospectus contain this and additional information regarding the Fund. To obtain a Prospectus or Summary Prospectus, please contact your Financial Advisor, call 1-800-967-9009 or visit www.americanbeaconfunds.com. The Prospectus and Summary Prospectus should be read carefully before investing.

Distributed by Foreside Fund Services, LLC.

American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon Funds and American Beacon Flexible Bond Fund are service marks of American Beacon Advisors, Inc.

Important Information: Because the Fund has a flexible approach to investing, the risks of the Fund are likewise varied. The primary risks fall into one of several broad categories including high yield securities risk, credit risk, foreign investment risk, derivatives risk, interest rate risk and non-diversification risk. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market's perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. Income from municipal bonds may be subject to state and local taxes and at times the alternative minimum tax. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss. Investing in debt securities entails interest rate risk that debt securities will decrease in value with increases in market interest rates. Bonds and bond funds with longer durations tend to be more sensitive and more volatile than securities with shorter durations; bond prices generally fall as interest rates rise. Please see the prospectus for a complete discussion of the Fund's risks.

CONTACT: Tony Kono
JCPR
973-850-7323
[email protected]

SOURCE American Beacon Advisors