Don't ask for "Plan Ahead Class" or "Service Class" when you buy your next American Beacon fund. On Wednesday the Fort Worth, Texas-based firm changed the two share classes to the more industry-standard labels "Investor Class" and "Advisor Class," respectively.
Company Press Release
FORT WORTH, TX--(Marketwire - March 04, 2009) - American Beacon Advisors, Inc. announces the following mutual fund class name changes as of March 2, 2009:
-- PlanAhead Class® changed to Investor Class.
-- Service Class changed to Advisor Class.
The American Beacon Funds - Investor Class is a retail class offered primarily to individual investors, mid-size corporate 401(k) plans, retirement accounts, plan sponsors, broker-dealers and other organizations.
The American Beacon Funds - Advisor Class is offered primarily to smaller retirement plans and individual investors who invest through intermediary organizations, such as broker-dealers or third party administrators.
About American Beacon Advisors, Inc.
Established in 1986, American Beacon Advisors, Inc. is an experienced provider of investment advisory services to defined benefit plans, defined contribution plans, foundations, endowments, corporations, and other institutional investors as well as retail markets. American Beacon Advisors also manages the American Beacon Funds, a series of low-cost, no-load mutual funds open to institutional investors, retirement accounts such as IRAs, and individual investors. The fund family currently includes a variety of portfolios spanning longer-range investments in international and domestic equity categories as well as short-term investment options including money market funds.
You should consider the investment objectives, risks, fees and expenses of any mutual fund carefully before investing. This and other information is available in each Fund's prospectus, which you may obtain at www.americanbeaconfunds.com or by calling 1-800-967-9009. Please read the prospectus carefully before investing.
PlanAhead Class® is a registered service mark of American Beacon Advisors, Inc. The American Beacon Funds are distributed by Foreside Fund Services, LLC.
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