Morningstar

Horizon Active Asset Allocation A HASAX

Morningstar Medalist Rating
Medalist Rating as of | See Horizon Investments Investment Hub
  • NAV / 1-Day Return 15.87  /  +0.89 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.620%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Tactical Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 0.56%
  • Turnover 247%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis HASAX

Will HASAX 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 HASAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HASAX 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 HASAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Horizon Active Asset Allocation A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HASAX

More HASAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 79.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares MSCI USA Quality Factor ETF

13.17 138.9 Mil
—

SPDR® Portfolio S&P 500 Growth ETF

11.59 122.3 Mil
—

iShares Core Dividend Growth ETF

9.64 101.7 Mil
—

iShares Core S&P Mid-Cap ETF

8.51 89.8 Mil
—

iShares MSCI USA Momentum Factor ETF

7.14 75.4 Mil
—

SPDR® Portfolio Emerging Markets ETF

6.93 73.1 Mil
—

iShares MSCI Japan ETF

6.75 71.2 Mil
—

Invesco QQQ Trust

6.29 66.3 Mil
—

iShares Core MSCI Intl Dev Mkts ETF

5.63 59.5 Mil
—

SPDR® Portfolio S&P 500 Value ETF

3.83 40.4 Mil
—

Sponsor Center