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Jan. 05, 2016

 
American Beacon The London Company Income Equity Fund

Supplement dated January 5, 2016
to the
Prospectus and Summary Prospectus dated December 29, 2015


The information below supplements the Prospectus and Summary Prospectus, each dated December 29, 2015:

The table in the "Fund Summaries - American Beacon The London Company Income Equity Fund​- Fees and Expenses of the Fund" section of the Prospectus,  is deleted and replaced with the following;

Shareholder Fees (fees paid directly from your investment)
Share Class
A
C
Y
Institutional
Investor
Maximum sales charge imposed on purchases (as a percentage of offering price)
5.75
%
None
None
None
None
Maximum deferred sales charge (as a percentage of the lower of original offering price or redemption proceeds)
0.50
%1
1.00
%
None
None
None
 
 
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
 
 
 
 
 
 
 
 
 
 
 
 
Share Class
A
C
Y
Institutional
Investor
 
 
Management Fees
0.37
%
0.37
%
0.37
%
0.37
%
0.37
%
 
 
Distribution (12b-1) Fees
0.25
%
1.00
%
0.00
%
0.00
%
0.00
%
 
 
Other Expenses
0.51
%
0.51
%
0.46
%
0.38
%
0.67
%
 
 
Acquired Fund Fees and Expenses
0.01
%
0.01
%
0.01
%
0.01
%
0.01
%
 
 
Total Annual Fund Operating Expenses 2
1.14
%
1.89
%
0.84
%
0.76
%
1.05
%
 
 
Fee Waiver and/or expense reimbursement or recoupment 3
0.04
%
0.01
%
0.01
%
0.04
%
0.12
%
 
 
Total Annual Fund Operating Expenses after fee waiver and/or expense reimbursement or recoupment
1.18
%
1.90
%
0.85
%
0.80
%
1.17
%
 
 
1
A contingent deferred sales charge (''CDSC'') of 0.50% will be charged on certain purchases of $1,000,000 or more of A Class shares that are redeemed in whole or part within 18 months of purchase.
2
The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets provided in the Fund's Financial Highlights table, which reflects the operating expenses of the Fund and does not include Acquired Fund Fees and Expenses.
3
During the fiscal year ended August 31, 2015, the Fund paid amounts to the Manager that were previously waived and/or reimbursed by the Manager under a contractual fee waiver/expense reimbursement agreement for the Fund's A Class, C Class, Y Class, Institutional Class and Investor Class. Under that agreement, the Manager can be reimbursed by the Fund for any contractual fee waivers or expense reimbursements if reimbursement to the Manager (a) occurs within three years after the Manager's own waiver or reimbursement and (b) does not cause the Total Annual Fund Operating Expenses of a class to exceed the contractual percentage limit in effect at the time of the waiver/reimbursement.