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American Beacon GLG Natural Resources ETF

MGNR

Market cap $1.28B

52.74 USD

+0.65

1.25%

At close Updated Sep 22, 4:00 PM EDT

Pre-market

After hours

52.69

-0.05

0.09%

1 day

1.25%

5 days

-1.68%

1 month

-4.75%

3 months

3.05%

6 months

8.18%

Year to date

17.91%

1 year

33.38%

5 years

116.24%

10 years

116.24%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 100%

Neutral 0%

Negative 0%

MGNR: A Great Diversifier And Inflation Hedge For The End Of 2026

American Beacon GLG Natural Resources ETF (MGNR) is rated Buy, offering a high-conviction, actively managed natural resources portfolio for inflation hedging and diversification. MGNR has outperformed the S&P 500 by 15% annualized since February 2024, with a concentrated portfolio of 40 stocks and moderate company-specific risk. MGNR leads its peer group in recent performance, justifying its higher expense ratio, and is positioned to benefit from renewed inflation pressures and possible sector rotation.

MGNR: A Great Diversifier And Inflation Hedge For The End Of 2026

MGNR: Active Management Takes Advantage Of Higher Metal Prices

The American Beacon GLG Natural Resources ETF is rated hold despite exceptional recent returns, driven by heavy exposure to gold and silver miners. MGNR trades at elevated valuations, with top holdings like HBM and KGC far above historical P/E averages, raising sustainability concerns if precious metals falter. The fund's active management and high turnover have capitalized on commodity momentum, but lack a proven track record for adapting to changing sector trends.

MGNR: Active Management Takes Advantage Of Higher Metal Prices

ETF issuers defied investor expectations by raising fees in 2023. They may have to keep doing it.

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. After a decade of seemingly never-ending fee-cutting wars, ETF issuers raised their fees in 2023 as the landscape evolved beyond cheap index-tracking funds.

American Beacon Launches Natural Resources ETF

On Tuesday, American Beacon rolled out the actively managed American Beacon GLG Natural Resources ETF (MGNR). The fund seeks long-term capital appreciation by taking a global perspective on companies operating in the natural resources sector or adjacent areas.

American Beacon Advisors Bolsters ETF Offerings With New Natural Resources Fund

IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. announced the launch of its second exchange-traded fund, the American Beacon GLG Natural Resources ETF (Ticker: MGNR).

American Beacon Advisors Bolsters ETF Offerings With New Natural Resources Fund

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