Horizon Global Fusion Equity Fund

Active where active matters

Unlocking new opportunities in global equities


Investing today means navigating a complex universe in constant change. Markets are shifting, trends are accelerating, and leadership is expanding beyond the largest US companies.

Global equities can open the door to innovation shaping the future. With attractive valuations and powerful themes, now could be the time to look beyond borders for diversification and long-term growth.

Why choose the Horizon Global Fusion Equity Fund?


mano con il segno più sanitario

Mentalità orientata alla crescita

mano con il segno più sanitario

Mentalità orientata alla crescita

Puntare all'innovazione e alla diversificazione geografica, con l'obiettivo di cogliere la prossima ondata di crescita dove sta accelerando.

mani che tengono un globo

Una soluzione innovativa

mani che tengono un globo

Una soluzione innovativa

Una combinazione sofisticata di strategie attive e passive concepita per generare migliori risultati azionari globali attraverso un approccio differenziato.

icone di persone in un cerchio, le linee si connettono tra loro

Efficienza dei costi

icone di persone in un cerchio, le linee si connettono tra loro

Efficienza dei costi

Una struttura ottimizzata che mira a mantenere i prezzi competitivi senza sacrificare la performance. Attivo dove si crea valore aggiunto, passivo dove si risparmia sui costi.

Harnessing the power of active and passive


US large cap - core growth

A passive building block aims to replicate the performance of proven US powerhouses for cost efficiency and exposure to growing secular themes.

86% of active US large-cap funds failed to beat the S&P 500
79% OF ACTIVE US LARGE-CAP FUNDS Failed to beat the S&P 500: 79% Failed to beat the S&P 500: 79% Beat the S&P 500: 14% FAILED TO BEAT THE S&P 500 OVER THE LAST DECADE.1
Percentage of active US large-cap funds that failed to beat the S&P 500 over the last decade
OutcomeShare of active US large-cap funds (%)
Failed to beat the S&P 50079
Beat the S&P 50014
HIGHER DISPERSION IN SMALL CAPS CAN REWARD STOCK PICKING2 % Return Large Cap - best 50 stocks: 74% 74% Large Cap - worst 50 stocks: -43% -43% Large Cap Small Cap - best 50 stocks: 236% 236% Small Cap - worst 50 stocks: -84% -84% Small Cap Average annual return of best 50 stocks (6Y) Average annual return of worst 50 stocks (6Y)
Average annual return of best and worst 50 stocks over six years, by market cap
Market capBest 50 stocks avg annual return, 6Y (%)Worst 50 stocks avg annual return, 6Y (%)
Large Cap74-43
Small Cap236-84

Innovation - US Small / Mid Cap

An active sleeve that targets under-the-radar, often mispriced companies positioned for attractive growth potential. Our deep expertise in this less researched market allows us to unearth true stock winners.

Global reach - Ex-US Equities

An active sleeve that focuses on ex-US companies embedded in global ecosystems, offering exposure to the powerful structural trends that aim to drive their earnings growth.

Domicile of top 100 performing stocks (%)³ MSCI ACWI Index USInternational 0 20 40 60 80 100 US: 8 (8%) 8 International: 92 (92%) 92 2015 US: 16 (16%) 16 International: 84 (84%) 84 2016 US: 15 (15%) 15 International: 85 (85%) 85 2017 US: 26 (26%) 26 International: 74 (74%) 74 2018 US: 7 (7%) 7 International: 93 (93%) 93 2019 US: 23 (23%) 23 International: 77 (77%) 77 2020 US: 14 (14%) 14 International: 86 (86%) 86 2021 US: 18 (18%) 18 International: 82 (82%) 82 2022 US: 30 (30%) 30 International: 70 (70%) 70 2023 US: 21 (21%) 21 International: 79 (79%) 79 2024 US: 13 (13%) 13 International: 87 (87%) 87 2025
Domicile of top 100 performing stocks (%) - MSCI ACWI Index
Anno US (%) International (%)
2015892
20161684
20171585
20182674
2019793
20202377
20211486
20221882
20233070
20242179
20251387
Cog icon representing active stock selection

Global Fusion Equity aims to create a better way to win in equity investing: maintaining exposure to the US market you trust while seeking to offer the benefit of global diversification and performance enhancement potential through active stock selection.