For investors in Hong Kong

Horizon Global Technology Leaders Fund

Aims to generate long-term capital growth through investment in a globally diversified portfolio of technology-related companies

ISIN
LU0209158467

NAV
USD 154.44
As of 2022/01/26

1-Day Change
USD 3.67 (2.43%)
As of 2022/01/26

Morningstar Rating

Key investment risks:

  • The Fund's investments in equities are subject to equity securities risk due to fluctuation of securities values.
  • Investments in the Fund involve general investment, currency, liquidity, hedging, market, economic, political, regulatory, taxation, securities lending related, reverse repurchase transactions related, financial and interest rate risks.

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  • In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments to reduce risk and to manage the Fund more efficiently. This may involve counterparty, liquidity, leverage, volatility, valuation and over-the-counter transaction risks and the Fund may suffer significant losses.
  • The Fund's investments are concentrated in technology sector and may be more volatile.
  • The Fund may invest in Eurozone/PIIGS and may suffer from European sovereign debt crisis risk.
  • The Fund may charge performance fees. An investor may be subject to such fee even if there is a loss in investment capital.
  • Investors should not only base on this document alone to make investment decisions and should read the offering documents including the risk factors for further details.

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Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

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The Fund invests at least 90% of its assets in a concentrated portfolio of shares (equities) and equity-related securities of companies, of any size, which are technology-related or derive the main part of profits from technology, in any country.

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ABOUT THIS FUND

  • Seeks to uncover undervalued growth companies where the scale or persistence of earnings growth is underappreciated by the market.
  • Actively managed by a highly experienced team in the UK, with a focus on long-term trends that are shaping the future of technology.
Glossary:
Hype cycle: developed by the advisory and information technology firm Gartner, it is a graphical representation of the maturity, adoption and social application phases of emerging technologies.
DRAM: Dynamic Random Access Memory is a low-cost and high-capacity memory used in digital electronics, including the main memory in computers.
Moore’s Law: coined in 1965 by Intel co-founder Gordon E. Moore, it is the ability to roughly double the number of transistors that can fit onto a chip (aka integrated circuit) every two years.
Unless otherwise indicated, the source for all data is Janus Henderson Investors as of the publishing date of this video (06/09/2017).

PORTFOLIO MANAGEMENT

Alison Porter

Portfolio Manager

Industry since 1995. Joined Firm in 2014.

Graeme Clark

Portfolio Manager

Industry since 1994. Joined Firm in 2013.

Richard Clode, CFA

Portfolio Manager

Industry since 2003. Joined Firm in 2014.

Performance

Discrete Performance (%)
As of 2021/12/31
A1 USD
 
Quarter End
As of 2021/12/31
Dec-2020 - Dec-2021 Dec-2019 - Dec-2020 Dec-2018 - Dec-2019 Dec-2017 - Dec-2018 Dec-2016 - Dec-2017
A1 USD 17.84 40.95 39.53 -6.92 43.77
Cumulative Performance (%)
As of 2021/12/31
A1 USD
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
2005/01/03
A1 USD 1.85 6.12 3.86 17.84 17.84 131.74 210.12 690.47
CALENDAR YEAR RETURNS (%)
A1 USD
2017 2018 2019 2020 2021
A1 USD 43.77 -6.92 39.53 40.95 17.84
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 2021/06/30)
1.89%
Performance Fee 10% of the 'Relevant Amount'

Portfolio

Top Holdings (As of 2021/11/30)
% of Fund
Microsoft 9.91
Apple 8.75
Alphabet 8.20
Taiwan Semiconductor Manufacturing 4.12
Meta Platforms 3.72
Broadcom 3.20
Samsung Electronics 3.09
Amazon.com 2.76
QUALCOMM 2.73
salesforce.com 2.69

Documents