Horizon Euro High Yield Bond Fund

For investors seeking the potential for high overall yield and capital growth in European fixed income

ISIN
LU0828815570

NAV
EUR 152.26
As of 07/08/2020

1-Day Change
EUR 0.17 (0.11%)
As of 07/08/2020

Morningstar Rating

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a return, from a combination of income and capital growth over the long term.

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The Fund invests at least 70% of its assets in high yield (non-investment grade, equivalent to BB+ rated or lower) corporate bonds, denominated in Euros or Sterling. The Fund may invest up to 20% of its net assets in contingent convertible bonds (CoCos).

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Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

ABOUT THIS FUND

  • Access the total return potential of European high-yield bonds through a portfolio diversified by issuers, sectors, and geography
  • High-conviction portfolio with the ability to access smaller, less-liquid issuers, all actively managed to reflect market changes
  • Security selection drives returns; focuses on company metrics, corporate strategy, and bond covenants in context of credit cycle and market conditions

PORTFOLIO MANAGEMENT

Tim Winstone, CFA

Portfolio Manager

Industry since 2003. Joined Firm in 2015.

Tom Ross, CFA

Global / European High Yield | Portfolio Manager

Industry since 2002. Joined Firm in 2002.

Performance

ANNUAL FEES & EXPENSES (As of Fiscal Year End, 31/12/2019)
Initial Charge 5.00%
Annual Charge 0.75%
Ongoing Charge
(As of 31/12/2019)
1.18%

Portfolio

Documents

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