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For investors in Singapore

Horizon Global Technology Leaders Fund

Aims to generate long-term capital growth through investment in a globally diversified portfolio of technology-related companies

ISIN
LU0572952280

NAV
EUR 221.56
As of 2025/02/03

1-Day Change
EUR -3.54 (-1.57%)
 As of 2025/02/03

Morningstar Rating

As of 2024/12/31

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

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The Fund invests at least 90% of its assets in a concentrated portfolio of shares (equities) and equity-related securities of companies, of any size, which are technology-related or derive the main part of profits from technology, in any country.

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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

  • Seeks to uncover undervalued growth companies where the scale or persistence of earnings growth is underappreciated by the market.
  • Actively managed by a highly experienced team in the UK, with a focus on long-term trends that are shaping the future of technology.

Portfolio Management

Graeme Clark

Portfolio Manager

Industry since 1994. Joined Firm in 2013.

Alison Porter

Portfolio Manager

Industry since 1995. Joined Firm in 2014.

Richard Clode, CFA

Portfolio Manager

Industry since 2003. Joined Firm in 2014.

Performance

Cumulative & Annualised Performance (%)
As of 2024/12/31
A2 EUR (With Sales Charge)* MSCI ACWI/Information Tech & Comm Services NR Sector Equity Technology - OE A2 EUR (Net)
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
2007/10/19
A2 EUR (With Sales Charge)* -1.39 7.80 0.61 34.50 34.50 10.36 17.17 17.28 13.61
MSCI ACWI/Information Tech & Comm Services NR 3.29 12.52 10.07 40.38 40.38 13.06 20.13 19.91 15.17
Sector Equity Technology - OE 1.27 11.92 11.02 27.53 27.53 4.65 13.38 14.21 11.01
A2 EUR (Net) 3.80 13.48 5.91 41.58 41.58 12.26 18.37 17.88 13.95
Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
*Performance with sales charge assume 5.00% initial sales charge/front-end load (FEL) applied.
© Morningstar 2025. All rights reserved. NAV-NAV, gross income reinvested where applicable.

Recommended holding period 5 Years

Example Investment: EUR 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs2,180 EUR1,790 EUR
Average return each year-78.22%-29.10%
UnfavourableWhat you might get back after costs6,530 EUR12,950 EUR
Average return each year-34.73%5.31%
ModerateWhat you might get back after costs11,550 EUR21,260 EUR
Average return each year15.49%16.29%
FavourableWhat you might get back after costs14,860 EUR29,580 EUR
Average return each year48.56%24.22%
There is currently insufficient data to provide a useful indication of past performance to investors.
Fee Information
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 2023/06/30) 		1.87%
Performance Fee 10% of the 'Relevant Amount'
Hurdle Rate MSCI ACWI Information Technology Index + MSCI ACWI Communication Services Index

Portfolio

Top Holdings (As of 2024/12/31)
% of Fund
Microsoft 8.26
Alphabet 8.11
NVIDIA 7.57
Meta Platforms 5.79
Amazon.com 5.35
Taiwan Semiconductor Manufacturing 4.95
Apple 4.54
Broadcom 3.92
Advanced Micro Devices 2.74
Micron Technology 2.66

Documents

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