For investors in Singapore

Horizon Global High Yield Bond Fund

A fund that accesses the total return potential of high-yield bonds through a portfolio diversified by issuers, sectors, and geography

ISIN
LU0978624194

NAV
USD 160.26
As of 26/11/2021

1-Day Change
USD -0.86 (-0.53%)
As of 26/11/2021

Morningstar Rating

Overview

Quarterly update

Watch the investment team recap this quarter.

(Note: Filmed in October 2021)

INVESTMENT OBJECTIVE

The Fund aims to provide an income with the potential for capital growth over the long term.

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The Fund invests at least 80% of its assets in high yield (non-investment grade, equivalent to BB+ rated or lower) corporate bonds, in any country. 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

  • Co-managed from the US and Europe, the fund benefits from a global perspective with local insight
  • Research is focused on identifying positive catalysts and improving balance sheets to help capture returns and avoid defaults or rating downgrades
  • The global approach allows access to a variety of economies and companies at different stages in the business cycle

RATINGS AND AWARDS

For further details, please refer to Awards page.

PORTFOLIO MANAGEMENT

Seth Meyer, CFA

Portfolio Manager

Industry since 1998. Joined Firm in 2004.

Tom Ross, CFA

Portfolio Manager

Industry since 2002. Joined Firm in 2002.

Tim Winstone, CFA

Portfolio Manager

Industry since 2003. Joined Firm in 2015.

Brent Olson

Portfolio Manager | Credit Analyst

Industry since 1997. Joined Firm in 2017.

Performance

Cumulative & Annualised Performance (%)
As of 31/10/2021
A2 USD (Net) A2 USD (With Sales Charge)* ICE BofA Global High Yield Constrained USD Hdg
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
19/11/2013
A2 USD (Net) -1.14 -1.18 -0.62 0.56 7.64 7.07 6.35 - 6.32
A2 USD (With Sales Charge)* -6.08 -6.12 -5.59 -4.47 2.26 5.25 5.27 - 5.63
ICE BofA Global High Yield Constrained USD Hdg -0.71 -0.46 0.84 2.65 8.89 7.00 6.08 - 5.78
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 0.75%
Ongoing Charge
(As of 30/06/2021)
1.19%

Portfolio

Documents