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Morningstar

Horizon Defensive Core Advisor HESAX

Morningstar Medalist Rating
Medalist Rating as of | See Horizon Investments Investment Hub
  • NAV / 1-Day Return 40.51  /  −0.05 %
  • Total Assets 352.1 Mil
  • Adj. Expense Ratio
    1.130%
  • Expense Ratio 1.140%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.45%
  • Turnover 139%

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0

Morningstar’s Analysis HESAX

Will HESAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HESAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HESAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HESAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Horizon Defensive Core Advisor's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings HESAX

More HESAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

12.40 37.2 Mil
Technology

NVIDIA Corp

9.32 28.0 Mil
Technology

Alphabet Inc Class A

3.73 11.2 Mil
Communication Services

Alphabet Inc Class C

3.28 9.8 Mil
Communication Services

Eli Lilly and Co

2.62 7.9 Mil
Healthcare

Tesla Inc

2.10 6.3 Mil
Consumer Cyclical

Visa Inc Class A

1.85 5.5 Mil
Financial Services

Mastercard Inc Class A

1.69 5.1 Mil
Financial Services

Procter & Gamble Co

1.60 4.8 Mil
Consumer Defensive

The Home Depot Inc

1.59 4.8 Mil
Consumer Cyclical