USRAX : Horizon Defensive Multi-Factor Fund Investor Class

Fund Summary

The investment seeks to capture the majority of the returns associated with domestic equity market investments, while mitigating downside risk through use of a risk overlay strategy. The fund seeks to achieve its investment objective by investing primarily in large and mid-cap U.S. common stocks; and employs defensive techniques, including strategic portfolio positioning, to achieve lower overall volatility as compared to the market generally. The fund will invest not less than 80% of the value of its net assets in the securities of U.S. companies.