American Beacon Advisors has unveiled a new mutual fund in association with Man Group. Based on the Man AHL TargetRisk multi-asset programme, the new strategy will target capital growth combining a long-only approach, active risk management, and diversification.American Beacon AHL TargetRisk Fund will offer exposure to equities, bonds, interest rates, corporate credit, and commodities. It aims to offer a stable volatility level irrespective of the conditions in the market.