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Horizon Pan European Smaller Companies Fund

A balanced portfolio seeking attractive valuations and high growth opportunities

Overview

INVESTMENT OBJECTIVE

The investment objective of the Pan European Smaller Companies Fund is to seek long-term capital appreciation by investing at least 75% of its total assets in equity securities of companies having their registered offices in the EEA or United Kingdom if not part of the EEA which will generally fall within the bottom 25% of their relevant market by way of market capitalisation.

RATINGS AND AWARDS

S&P assigns a Principal Stability Fund Rating (PSFR) for money market funds within a range from AAAm (highest) to Dm (lowest), where AAAm indicates S&P's opinion of a fund's extremely strong capacity to maintain principal stability and to limit exposure to principal losses due to credit risk and Dm indicates a failure to maintain principal stability resulting in a realized or unrealized loss of principal. Ratings do not eliminate risk and should not be used as the sole basis for evaluating an investment product. Please see Ratings Criteria at disclosure.spglobal.com/ratings/en/regulatory/ratings-criteria for further information. A fee was paid for the use of this data.

RATINGS AND AWARDS

2024 Lipper Awards Winner United States

RATINGS AND AWARDS

RATINGS AND AWARDS

S&P assigns a Principal Stability Fund Rating (PSFR) for money market funds within a range from AAAm (highest) to Dm (lowest), where AAAm indicates S&P's opinion of a fund's extremely strong capacity to maintain principal stability and to limit exposure to principal losses due to credit risk and Dm indicates a failure to maintain principal stability resulting in a realized or unrealized loss of principal. Ratings do not eliminate risk and should not be used as the sole basis for evaluating an investment product. Please see Ratings Criteria at disclosure.spglobal.com/ratings/en/regulatory/ratings-criteria for further information. A fee was paid for the use of this data.

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Portfolio Management

Ollie Beckett

Portfolio Manager

Industry since 1995. Joined Firm in 2005.

Rory Stokes, CFA

Portfolio Manager

Industry since 2001. Joined Firm in 2013.

Julia Scheufler, CFA

Portfolio Manager

Industry since 2009. Joined Firm in 2018.

Performance

Portfolio

Top Holdings (As of 31/10/2025)
% of Fund
TKH Group 2.65
Van Lanschot Kempen 2.56
IG Group 2.46
KSB 2.09
Stroeer 1.80
Elmos Semiconductor 1.79
ANDRITZ 1.70
Crest Nicholson 1.69
Gaztransport Et Technigaz 1.68
Modern Times Group MTG 1.50
TOTAL 19.93
Sector Allocation % of Fund % of Index % of Fund % of Index As of 31/10/2025
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 31/10/2025
Country/Geographic Exposures % of Fund % of Index % of Fund % of Index As of 31/10/2025
Regional Allocation % of Fund % of Index % of Fund % of Index As of 31/10/2025

Documents