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American Beacon Unveils New MF

American Beacon Advisors has added a new mutual fund to its range of low-cost mutual funds.

    American Beacon Advisorshas added a new mutual fund to its range of low-cost mutual funds. TheAmerican Beacon Flexible Bond Fundwill invest across a broad suite of investment opportunities globally.

    The firm will oversee the fund’s three sub-advisors, which arePacific Investment Management,Brandywine Global Investment ManagementandGAM International Management. The new fund will invest primarily in bonds, including those rated as junk and also in interest rates and currencies, addsBloomberg.

    Click here for the release fromPR Newswire.

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