Horizon Multi-Factor Small/Mid Cap Fund Investor (HSMNX)

Overview

The fund is structured to cater to investors looking for opportunities within the U.S. small and mid-cap equity markets, emphasizing minimizing volatility and fostering stability in investment returns. By primarily focusing on equity securities from small and mid-cap U.S. issuers – essentially defined by the range of the S&P 600 and S&P 400 indices – the fund aims to provide an investment vehicle that appeals to risk-aware investors keen on exploiting the growth potential inherent in these market segments. The incorporation of defensive strategies to mitigate market volatility further underscores the fund’s commitment to maintaining a balanced risk-reward profile, aiming to deliver consistent performance in varying market conditions.

Products and Services

• Small and Mid-Cap U.S. Equity Investment

This service is the backbone of the fund, focusing on investing a significant portion of its assets in small and mid-cap U.S. equity securities. The target companies are within the size range defined by the S&P 600 and S&P 400 indices. This strategic positioning is designed to tap into the growth potential of smaller firms, which often possess the agility to innovate and expand rapidly compared to their larger counterparts. By harnessing these opportunities, the fund seeks to achieve robust investment returns for its stakeholders.

• Defensive Investment Strategies

Understanding the inherent volatility associated with equity investments, particularly in the small and mid-cap sectors, the fund employs various defensive strategies to safeguard its portfolio. These techniques include strategic portfolio positioning to weather market downturns more effectively. The fund's commitment to maintaining a minimum of 80% of its net assets in the equity securities of small and mid-cap U.S. issuers under normal circumstances, coupled with these defensive maneuvers, aims to result in lower overall volatility for the fund’s portfolio when compared to the broader market. This approach is central to the fund's investment philosophy, offering a relatively safer path to capital appreciation.