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Nasdaq - Delayed Quote USD

Horizon Active Asset Allocation Investor (AAANX)

11.61
-0.71
(-5.76%)
At close: April 4 at 8:00:03 PM EDT

Fund Summary

The adviser selects asset classes using a flexible approach that allocates the Allocation fund's portfolio between asset classes that Horizon believes offer the opportunity for the highest projected return for a given amount of risk. The adviser may execute its strategy by investing in exchange-traded funds (“ETFs”) or by investing directly in individual securities or baskets of securities. Potential investments are reviewed for trading efficiency, liquidity, risk/return profile, and fit within overall portfolio diversification needs prior to investment.

Horizon Active Asset Allocation Investor

Charlotte, North Carolina 28277
13024 Ballantyne Corporate Place, Suite 225
(704) 544-2399

Fund Overview

Category Tactical Allocation
Fund Family Horizon Investments
Net Assets 730.68M
YTD Return -3.70%
Yield 0.70%
Morningstar Rating
Inception Date Sep 04, 2015

Fund Operations

Last Dividend 0.11
Last Cap Gain 11.00
Holdings Turnover 198.00%
Average for Category --

Fees & Expenses

Expense AAANX Category Average
Annual Report Expense Ratio (net) 1.42% 1.29%
Prospectus Net Expense Ratio 1.42% --
Prospectus Gross Expense Ratio 1.42% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.22%
Max Deferred Sales Load -- 1.17%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Zachary F. Hill, Lead Manager since March 31, 2020
Mr. Hill is part of the Investment Management division at Horizon Investments focusing on and providing investment insight on a broad range of asset allocation decisions from a global macro and derivatives perspective. Prior to joining Horizon in 2019, Mr. Hill served as a Senior Portfolio Analyst for Cold Spring Asset Management in New York from July 2016 to January 2017 and was a director within the foreign exchange option trading group at Wells Fargo in New York from 2010 to 2016. Mr. Hill began his career at Wachovia, acquired by Wells Fargo in 2008, in Charlotte in the FX Division. Mr. Hill holds a BA in Economics and a BA in Physics from the University of Virginia. Mr. Hill is also a CFA ® Charterholder.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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