- What does HESAX invest in?
- The fund will utilize an active management strategy that invests primarily in common stocks of large and mid-cap U.S. companies that exhibit high quality and growth characteristics.
- What is the expense ratio of HESAX?
- Horizon Defensive Core Fund;Adv (HESAX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HESAX?
- Horizon Defensive Core Fund;Adv (HESAX) manages $532.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is HESAX actively managed or an index fund?
- HESAX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HESAX's is 1.08%) in exchange for the discretion to over- or under-weight positions.
- When was HESAX launched?
- Horizon Defensive Core Fund;Adv (HESAX) launched in January 2020 and is managed by the fund issuer.
- How has HESAX performed?
- HESAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
