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American Beacon Select Funds

08/13/2025 | Press release | Distributed by Public on 08/13/2025 12:44

Summary Prospectus by Investment Company (Form 497K)

American Beacon AHL Trend ETF

Supplement dated August 13, 2025 to the

Summary Prospectus dated June 1, 2025

Effective immediately, Giuliana Bordigoni of AHL Partners LLP ("AHL") is added as a Portfolio Manager for the American Beacon AHL Trend ETF (the "Fund"). In addition, effective immediately, Otto van Hemert will retire from his position as a Portfolio Manager for the Fund. Accordingly, effective immediately, the following changes are made to the Fund's Summary Prospectus, as applicable, and, all references to Mr. van Hemert in the Fund's Summary Prospectus are removed:

On page 8 of the Summary Prospectus, under the heading "Management - Portfolio Managers," the information regarding AHL Partners LLP is deleted and replaced with the following:

AHL Partners LLP

Russell Korgaonkar

Head of Systematic/Chief

Investment Officer, Man AHL

Since Fund Inception (2023)

Giuliana Bordigoni

Director of Alpha Research, Man AHL

Since 2025

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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

AHLT-20250813

American Beacon Select Funds published this content on August 13, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on August 13, 2025 at 18:44 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]