Morningstar

Horizon Defensive Core Advisor HESAX

Morningstar Medalist Rating
Medalist Rating as of | See Horizon Investments Investment Hub
  • NAV / 1-Day Return 43.23  /  −0.05 %
  • Total Assets 420.6 Mil
  • Adj. Expense Ratio
    1.130%
  • Expense Ratio 1.140%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.39%
  • Turnover 139%

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 10:16 PM GMT+0

Morningstar’s Analysis HESAX

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

  • People Pillar

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

Horizon Defensive Core Advisor'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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HESAX

More HESAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

12.27 45.5 Mil
Technology

NVIDIA Corp

12.02 44.5 Mil
Technology

Alphabet Inc Class A

4.17 15.4 Mil
Communication Services

Alphabet Inc Class C

3.64 13.5 Mil
Communication Services

Eli Lilly and Co

2.85 10.6 Mil
Healthcare

Tesla Inc

2.22 8.2 Mil
Consumer Cyclical

Visa Inc Class A

1.61 6.0 Mil
Financial Services

Procter & Gamble Co

1.51 5.6 Mil
Consumer Defensive

Mastercard Inc Class A

1.43 5.3 Mil
Financial Services

Johnson & Johnson

1.37 5.1 Mil
Healthcare

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