Horizon Defensive Core Fund;Adv

Frequently Asked Questions About HESAX

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 $496.1M 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.