For investors in Singapore

Horizon Pan European Mid and Large Cap Fund

ISIN
LU0503932328

NAV
EUR 27.03
As of 2024/12/23

1-Day Change
EUR 0.34 (1.27%)
As of 2024/12/23

Morningstar Rating

As of 2024/11/30

INVESTMENT OBJECTIVE

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

The Fund invests at least 80% of its assets in shares (equities) and equity-related securities of companies, of any size, in any industry, in Europe (including UK). Companies will be located, listed or do most of their business in this region. The Fund will normally have a strong bias towards medium sized companies.

Less

ABOUT THIS FUND

Focuses on identifying contrarian quality in companies that can generate superior returns on capital employed
Uncovering hidden potential through comprehensive analysis, a disciplined valuation approach, and a focus on mid-cap companies
Differentiated portfolio construction designed to minimise factor risk with alpha driven by stock selection

Fund Details

Asset class	Equities
Product Structure	SICAV
SFDR Categorisation	Article 8
Inception Date	16 Aug 2002
Base Currency	EUR
Fund Assets As of 30/11/24	223.81M
Sector	Morningstar Europe Large-Cap Blend Equity
Benchmark	MSCI Europe NR Index
Year End	30-Jun
Pricing Basis	Single Priced

Information on compliance with EU Sustainability related disclosures can be found here.

Share Class Facts


Distribution Type	Accumulation Net
ISIN	LU0503932328
Sedol Code	B595XQ7
Lipper Code	68056351
WKN Code	A1CZNJ
Valoren Code	11250094
Pay Dates	-
XD Dates	-
Inception Date	3 Feb 2011
Currency Code	EUR
Minimum Initial Investment	2,500.00
Minimum Top Up Amount	500.00

Marc Schartz, CFA

Portfolio Manager

Industry since 2004. Joined Firm in 2016.

Cumulative & Annualised Performance

Cumulative & Annualised Performance (%)
As of 2024/11/30

A2 EUR (With Sales Charge)* MSCI Europe NR Europe Large-Cap Blend Equity - OE A2 EUR (Net)

	Cumulative				Annualised
	1MO	3MO	6MO	YTD	1YR	3YR	5YR	10YR	Since Inception 2011/02/03
A2 EUR (With Sales Charge)*	-4.68	-8.77	-9.22	2.65	6.12	3.31	5.54	6.23	7.08
MSCI Europe NR	1.06	-2.66	-0.92	9.13	13.17	5.96	8.16	7.74	7.96
Europe Large-Cap Blend Equity - OE	0.72	-3.06	-1.79	7.29	11.28	3.67	5.71	5.46	6.01
A2 EUR (Net)	0.33	-3.97	-4.44	8.05	11.71	5.09	6.63	6.77	7.48

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.

Recommended holding period 5 Years

Example Investment: EUR 10,000

Scenarios		If you exit after 1 year	If you exit after 5 years
Minimum	There is no minimum guaranteed return. You could lose some or all of your investment
Stress	What you might get back after costs	1,260 EUR	1,350 EUR
	Average return each year	-87.37%	-32.99%
Unfavourable	What you might get back after costs	7,980 EUR	8,710 EUR
	Average return each year	-20.16%	-2.73%
Moderate	What you might get back after costs	10,320 EUR	13,130 EUR
	Average return each year	3.16%	5.60%
Favourable	What you might get back after costs	13,500 EUR	17,190 EUR
	Average return each year	35.01%	11.45%

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)	1.93%
Performance Fee	10% of the 'Relevant Amount'
Hurdle Rate	MSCI Europe

Top Holdings (As of 2024/11/30)

	% of Fund
TotalEnergies	3.69
Novo Nordisk	3.67
ASR Nederland	3.57
AstraZeneca	2.82
Pandora	2.61
Publicis Groupe	2.61
adidas	2.53
FinecoBank Banca Fineco	2.51
CRH	2.49
NatWest Group	2.48

About us

Our people

Brighter Future Project

Filter by asset class

Learn more

Solutions

Explore insights

INVESTMENT OUTLOOK 2025

Horizon Pan European Mid and Large Cap Fund

Overview

INVESTMENT OBJECTIVE

ABOUT THIS FUND

Portfolio Management

Performance

Portfolio

Documents