Horizon U.S. Defensive Small/Mid Cap Fund (H7I0)

Overview

SS US Value Multi-Asset Fund Class H EUR Hedged is a multi-asset mutual fund designed to deliver attractive returns through a combination of capital growth and income generation. The fund is strategically invested across a variety of asset classes, including equities, fixed income securities, and alternative investments. Notable equity holdings include major firms like NVIDIA Corp and Microsoft Corp, highlighting a commitment to U.S. value-oriented strategies. In the fixed income space, the fund invests in sovereign bonds such as those issued by the German Federal Republic and UK gilts. Additionally, alternative investments such as iShares Physical Gold ETC are incorporated to enhance diversification and mitigate risks. A key focus of the fund is adhering to environmental, social, and governance (ESG) considerations, aligning with Article 8 classification that supports sustainable investment objectives.

Designed for euro-based investors, the EUR-hedged share class effectively mitigates currency risk, making the investment more stable against fluctuations in exchange rates. This fund targets a moderate allocation profile, with its benchmark comprising 25% MSCI, 25% MSCI Hedged, and 50% Global Aggregate indices. It is managed by BlackRock (Luxembourg) S.A., demonstrating a reputable management backend. The fund's portfolio includes a total of 855 holdings, with an average duration of 2.72 years, indicating a balanced approach between short and long-term investments. With a risk indicator rated at 4 on a scale from 1 to 7, the fund seeks to provide balanced exposure to value opportunities in the U.S. market along with global fixed income and commodities while navigating the complexities of volatile market environments.

Products and Services

• Multi-Asset Investment Strategy:

  The fund employs a diverse range of asset classes, integrating equities, fixed income, and alternative investments. This strategy enables it to capture growth opportunities and yield income across different market conditions.

• Equity Holdings:

  Investments are made in reputable U.S. companies, such as NVIDIA Corp and Microsoft Corp, emphasizing value-oriented growth potential. The focus on strong, fundamentally driven companies seeks to add robust performance to the portfolio.

• Fixed Income Securities:

  The fund invests in high-quality fixed income instruments, including government bonds from the German Federal Republic and UK gilts. This helps stabilize the portfolio's overall risk while providing predictable income streams.

• Alternative Investments:

  Incorporating alternative assets, particularly iShares Physical Gold ETC, offers diversification benefits and an effective hedge against market volatility and inflationary pressures.

• EUR-Hedged Share Class:

  This feature is designed specifically for euro investors, minimizing exposure to currency fluctuations and providing a more consistent investment performance in euro terms.

• ESG Considerations:

  The fund adheres to ESG principles aligned with Article 8 classification. This attracts socially responsible investors and emphasizes a sustainable investment focus that addresses environmental and social governance issues.

• Portfolio Management:

  Managed by the reputable BlackRock (Luxembourg) S.A., the fund benefits from experienced management, robust research capabilities, and a commitment to maximizing long-term value for investors.

• Risk Management:

  With a risk rating of 4 on a scale of 1-7, the fund has a balanced approach to risk. It is structured to achieve capital appreciation while offering income generation, making it suitable for moderate-risk investors.