Horizon Active Asset Allocation Fund Investor Class is a mutual fund designed to seek capital appreciation through a flexible, actively managed asset allocation strategy. The fund primarily invests in a diversified mix of global equity markets, making substantial use of exchange-traded funds (ETFs) to gain exposure to various sectors, styles, factors, and countries. Its management employs a multi-disciplined approach, aiming to capture upside potential during rising markets while mitigating losses during downturns by dynamically adjusting portfolio allocations. Notably, the fund can invest across asset classes without restrictions on issuer country, capitalization, currency, or credit quality. While it generally maintains a majority of assets in equities or equity-linked ETFs, the fund may also allocate to fixed income securities—including high-yield bonds—commodities, currencies, and options for further diversification and risk management. The strategy emphasizes trading efficiency, liquidity, and overall portfolio diversification, positioning the fund within the tactical allocation category and highlighting its adaptability amid changing market environments.

Horizon Active Asset Allocation Fund Investor Class is a mutual fund designed to seek capital appreciation through a flexible, actively managed asset allocation strategy. The fund primarily invests in a diversified mix of global equity markets, making substantial use of exchange-traded funds (ETFs) to gain exposure to various sectors, styles, factors, and countries. Its management employs a multi-disciplined approach, aiming to capture upside potential during rising markets while mitigating losses during downturns by dynamically adjusting portfolio allocations. Notably, the fund can invest across asset classes without restrictions on issuer country, capitalization, currency, or credit quality. While it generally maintains a majority of assets in equities or equity-linked ETFs, the fund may also allocate to fixed income securities—including high-yield bonds—commodities, currencies, and options for further diversification and risk management. The strategy emphasizes trading efficiency, liquidity, and overall portfolio diversification, positioning the fund within the tactical allocation category and highlighting its adaptability amid changing market environments.