About USRAX
The Horizon Multi-Factor U.S. Equity Fund Investor Class is a mutual fund focused on achieving capital appreciation through a dynamic, risk-managed approach to investing in U.S. equities. This fund primarily targets large and mid-cap U.S. common stocks, while retaining the flexibility to invest across the full spectrum of company sizes. Managed actively, it utilizes a proprietary quantitative methodology to select and weight securities, aiming to maximize projected returns for a given level of risk by balancing multiple investment factors, such as growth, value, momentum, quality, size, and volatility.
A defining feature of the fund is its focus on defensive strategies; it is designed to capture most of the upside of the U.S. equity market while mitigating downside risk, particularly during market downturns. This risk-sensitive approach may cause the fund to lag traditional benchmarks during strong bull markets, but it aims to outperform in declining markets. The fund maintains a high portfolio turnover and is diversified across key sectors like technology, financials, consumer defensive, and energy, with notable holdings in leading names such as NVIDIA, Meta Platforms, and Microsoft. Horizon Multi-Factor U.S. Equity Fund serves investors seeking a blend of active management and risk control within U.S. equity exposure.
Fund Family Horizon Investments
Category Large Blend
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol USRAX
Share Class Investor Class
Index S&P 500 TR
USRAX had a total return of 14.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.43%.
