Horizon Funds - Horizon Expansion Leaders ETF

EXPN targets investments believed to benefit from an expansionary economic environment known as expansion leaders. It actively invests in US large-cap companies through an equity strategy combined with a commodity-linked options overlay strategy. The equity strategy targets common stocks, ADRs, REITs, and ETFs, focusing on companies with high correlation to inflationary economic environments, solid fundamental growth, and improving operating margin trends. The options overlay, on the other hand, provide commodity-linked return exposure, through purchasing and/or selling FLEX and OTC options, to generate income or directional exposure. It does not invest directly in physical commodities or futures. The fund employs a multi-disciplinary approach, combining active management with economic, quantitative, and fundamental analysis. It may also write put and call options on individual securities for hedging purposes, and may use spreads, straddles, and collars.

Asset class

Equity

Issuer

Horizon Funds

Domicile

US

Inception date

Aug 12, 2026

Holdings

58

ISIN

US44053A3665