SFTY – Horizon Managed Risk ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to capture the majority of U.S. large-cap equity market returns while mitigating downside risk through a “Risk Assist®” strategy. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by utilizing two primary strategies the Equity Strategy, and the Risk Assist® Strategy. The fund’s Equity Strategy invests primarily in equity securities, including common stocks of U.S. companies and Real Estate Investment Trusts (“REITs”), and American Depositary Receipts (“ADRs”).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SFTY	Horizon Managed Risk ETF	ETF	Open	—		Jun 25, 2025	$802.24M	0.770%	—	—	$415.63M

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