For investors in Singapore

Horizon Global High Yield Bond Fund

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


USD 144.90
As of 2023/09/21

1-Day Change
USD -0.43 (-0.30%)
As of 2023/09/21


Quarterly update

Watch the investment team recap this quarter.

(Note: Filmed in July 2023).


The investment objective of the Global High Yield Bond Fund is to provide a high overall yield and potential for capital growth.


The Fund will invest at least 80% of its net assets in sub investment grade corporate debt securities of issuers with a credit rating equivalent to BB+ or lower. The Fund can invest in fixed and variable rate and index related securities issued by corporate, government, supranational institutions and local and regional agencies. The Fund may invest up to 20% of its net assets in contingent convertible bonds.

The Fund may also make use of one or a combination of the following instruments / strategies in order to achieve the Fund’s objective including, but not limited to asset and mortgage backed securities, convertible bonds, structured notes, exchange traded derivatives, OTC swaps (such as interest rate swaps, credit default swaps, credit default swaps on indices and total return swaps), forward foreign exchange contracts and preferred stocks.


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.


  • 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


For further details, please refer to Awards page.


Tom Ross, CFA

Global Head of High Yield | Portfolio Manager

Industry since 2002. Joined Firm in 2002.

Brent Olson

Portfolio Manager

Industry since 1997. Joined Firm in 2017.

Tim Winstone, CFA

Portfolio Manager

Industry since 2003. Joined Firm in 2015.

Seth Meyer, CFA

Head of Fixed Income Strategy | Portfolio Manager

Industry since 1998. Joined Firm in 2004.


Cumulative & Annualised Performance (%)
As of 2023/08/31
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
A2 USD (Net) -0.17 2.65 2.45 5.02 2.83 -1.52 1.74 - 3.92
A2 USD (With Sales Charge)* -5.16 -2.48 -2.67 -0.23 -2.31 -3.19 0.71 - 3.38
ICE BofA Global High Yield Constrained USD Hdg 0.15 3.04 3.81 6.57 7.38 0.88 2.96 - 4.11
Initial Charge 5.00%
Annual Charge 0.75%
Ongoing Charge
(As of 2022/06/30)