Horizon Active is trading at 16.10 as of the 28th of November 2024; that is 0.25 percent down since the beginning of the trading day. The fund's open price was 16.14. Horizon Active has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Horizon Active Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The adviser selects asset classes using a flexible approach that allocates the Allocation funds portfolio between asset classes that Horizon believes offer the opportunity for the highest projected return for a given amount of risk. The adviser may execute its strategy by investing in exchange-traded funds or by investing directly in individual securities or baskets of securities. More on Horizon Active Asset
Horizon Active Asset [AAANX] is traded in USA and was established 28th of November 2024. Horizon Active is listed under Horizon Investments category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Horizon Investments family. This fund presently has accumulated 901.88 M in assets under management (AUM) with minimum initial investment of 2.5 K. Horizon Active Asset is currently producing year-to-date (YTD) return of 15.69% with the current yeild of 0.01%, while the total return for the last 3 years was 4.24%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Horizon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Horizon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Horizon Active Asset Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Horizon Mutual Fund
Horizon Active financial ratios help investors to determine whether Horizon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horizon with respect to the benefits of owning Horizon Active security.
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