OVHaiLLM/Flipper huggingface dataset:
# Characteristics
Number of holdings: Debt issues	336
Duration (years)	5.27
Weighted average life (years)	7.04
Yield to worst (%)	5.09
| Credit quality of fixed income holdings (%) | Fund |
| --- | --- |
| AAA | 39.31 |
| AA | 11.15 |
| A | 16.57 |
| BBB | 16.14 |
| BB | 4.95 |
| B | 3.46 |
| CCC & Below | 0.47 |
| Bond Futures | 17.76 |
| Other Swaps | 0.29 |

Bond credit quality ratings provided by Janus Henderson Investors is based on the average of ratings from Moody's, Standard & Poor’s and Fitch where all three agencies have provided a rating. If only two agencies rate a security, the average is on those. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from AAA (highest) to CCC (lowest). Swaps, Options, Cash and Bond Futures are separately grouped.
| Top currencies (%) | Fund |
| --- | --- |
| Euro | 99.55 |
| US Dollar | 0.41 |
| Pound Sterling | 0.22 |
| Australian Dollar | 0.03 |
| Rest of portfolio | -0.21 |

Top holdings (%)	
Fund
United States Treasury Note 4.50% 2024	4.87
Cbot US 5yr Note Mar23 (28/02/2023)	12.70
United States Treasury Note 2.875% 2032	3.48
United Kingdom Gilt 0.25% 2031	3.61
Ice Long Gilt Mar23 (27/02/2023)	3.33
| Fannie Mae Pool 3.00% 2050 | 3.17 |
| --- | --- |
| Bundesrepublik Deutschland Bundesanleihe 1.70% 2032 | 2.68 |
| United States Treasury Note 1.875% 2032 | 2.41 |
| Bundesobligation 1.30% 2027 | 2.15 |
| United States Treasury Note 3.125% 2027 | 2.10 |
| Total | 40.50 |

References made to individual securities should not constitute or form part of any offer or solicitation to issue, securities mentioned in the report.

Translation (ENFR, 2023-01-31):
# Caractéristiques
Nombre de positions: Émissions de dette	336
Duration (années)	5,27
Durée de vie moyenne pondérée (années)	7.04
Rendement au pire (%)	5,09
| Qualité de crédit des positions obligataires (%) | Fonds |
| --- | --- |
| AAA | 39,31 |
| AA | 11,15 |
| A | 16,57 |
| BBB | 16,14 |
| BB | 4,95 |
| B | 3,46 |
| CCC & en-dessous | 0,47 |
| Contrats à terme sur obligations | 17,76 |
| Autres swaps | 0,29 |

Les notes de qualité de crédit des obligations offertes par Janus Henderson Investors
Principaux titres (%)	
Fonds
Cbot US 5yr Note Mar23 (28/02/2023)	12,70
United States Treasury Note 4.50% 2024	4,87
United Kingdom Gilt 0.25% 2031	3,61
United States Treasury Note 2.875% 2032	3,48
Ice Long Gilt Mar23 (27/02/2023)	3,33
| Fannie Mae Pool 3.00% 2050 | 3,17 |
| --- | --- |
| Bundesrepublik Deutschland Bundesanleihe 1.70% 2032 | 2,68 |
| United States Treasury Note 1.875% 2032 | 2,41 |
| Bundesobligation 1.30% 2027 | 2,15 |
| United States Treasury Note 3.125% 2027 | 2,10 |
| Total | 40,50 |

Toute référence à des titres spécifiques ne constitue et ne fait partie d'aucune offre ou sollicitation d’émission des titres évoqués dans le rapport.
# Characteristics
| Risk statistics (3 years) | Fund | Index |
| --- | --- | --- |
| Beta | 0.89 | 1.00 |
| Standard deviation | 20.45 | 21.95 |
| Sharpe ratio | 0.00 | -0.07 |
| Top holdings (%) |  | Fund |
| Prologis |  | 9.29 |
| VICI Properties |  | 4.92 |
| Welltower |  | 3.85 |
| Alexandria Real Estate Equities |  | 3.64 |
| Digital Realty Trust |  | 3.33 |
| Camden Property Trust |  | 3.29 |
| National Retail Properties |  | 3.10 |
| Life Storage |  | 3.03 |
| CubeSmart |  | 2.95 |
| Spirit Realty Capital |  | 2.93 |
| Total |  | 40.31 |
| References made to individual securities should not constitute or form part of any offer or solicitation to issue, securities mentioned in the report. |

Number of holdings: Equity issues	52

Translation (ENFR, 2023-01-31):
# Caractéristiques
Nombre de positions: Émissions d'actions	52
| Bêta | 0,89 | — |
| --- | --- | --- |
| Écart-type | 20,45 | — |
| Ratio de Sharpe | 0,00 | — |
| Principaux titres (%) |  | Fonds |
| Prologis |  | 9,29 |
| VICI Properties	4,92 |

Statistiques de risque (3 ans)	
Fonds  Indice
Alexandria Real Estate Equities	3,64
Welltower	3,85
Camden Property Trust	3,29
Digital Realty Trust	3,33
National Retail Properties	3,10
# Sub-Sector allocation (%)
Retail REITs
Industrial REITs
Real Estate Holding &
Development
Residential REITs Office REITs Storage REITs Health Care REITs
Hotel & Lodging REITs Diversified REITs Other Specialty REITs

Translation (ENFR, 2023-01-31):
# Répartition par sous-secteur (%)
REITs du secteur de la distribution
REITs industriels
Gestion & promotion immobilières
REITs résidentiels REITs de bureaux
REITs spécialisés dans le
stockage
REITs du secteur de la santé
REITs dans les secteurs de l'hôtellerie & de l'hébergement
REITs diversifiés Autres REITs spécialisés
# Sector allocation (%)
Industry allocation (%)
Banking
Consumer Non Cyclical
Technology Insurance
Fund 7.21
3.59
3.20
1.88
Index 5.75
3.61
2.37
1.13
Treasuries
MBS
Credit-Investment Grade
Fund
31.28
30.45
18.23
Index
40.82
27.60
24.29
Energy Finance Companies
Electric
REITS
| CMO |  | 7.65 | — |
| --- | --- | --- | --- |
|  |  |  |  |
| CMBS |  | 6.65 | 1.81 |
| CLO |  | 1.79 | — |
| Credit-High Yield |  | 1.60 | — |
| ABS |  | 0.60 | 0.44 |
| Bank Loans |  | 0.53 | — |
| Cash & Equivalents |  | 1.22 | — |

Communications Brokerage Asset Managers
Exchanges
1.32
0.91
0.59
0.52
0.41
0.31
1.67
0.30
1.80
0.67
2.13
0.33

Translation (ENFR, 2023-01-31):
# Allocation sectorielle (%)
Répartition sectorielle (%)
Banque
Consommation, non cyclique
Technologie Assurance
Fonds 7.21
3.59
3.20
1.88
Indice 5.75
3.61
2.37
1.13
Bons du Trésor
MBS
Crédit investment grade
Fonds
31.28
30.45
18.23
Indice
40.82
27.60
24.29
Énergie Sociétés financières
Électricité
REITs
| CMO |  | 7.65 | — |
| --- | --- | --- | --- |
|  |  |  |  |
| CMBS |  | 6.65 | 1.81 |
| CLO |  | 1.79 | — |
| Crédit high yield |  | 1.60 | — |
| ABS |  | 0.60 | 0.44 |
| Prêts bancaires |  | 0.53 | — |
| Liquidités & équivalents |  | 1.22 | — |

Communications Courtage Gestionnaires d’Actifs
Bourses
1.32
0.91
0.59
0.52
0.41
0.31
1.67
0.30
1.80
0.67
2.13
0.33
# Sector allocation (%)
Industry allocation (%)
Banking
Consumer Non Cyclical
Technology Insurance
Fund 7.21
3.59
3.20
1.88
Index 5.75
3.61
2.37
1.13
Treasuries
MBS
Credit-Investment Grade
Fund
31.28
30.45
18.23
Index
40.82
27.60
24.29
Energy Finance Companies
Electric
REITS

Translation (ENFR, 2023-01-31):
# Allocation sectorielle (%)
Répartition sectorielle (%)
Banque
Consommation, non cyclique
Technologie Assurance
Fonds 7.21
3.59
3.20
1.88
Indice 5.75
3.61
2.37
1.13
Bons du Trésor
MBS
Crédit investment grade
Fonds
31.28
30.45
18.23
Indice
40.82
27.60
24.29
Énergie Sociétés financières
Électricité
REITs
| Credit rating breakdown | (%) | Top 10 countries | (%) | Top 10 sectors | (%) |
| --- | --- | --- | --- | --- | --- |
| BBB | 0.6 | United States | 57.0 | Basic Industry | 11.6 |
| BB | 43.5 | United Kingdom | 4.0 | Real Estate | 10.9 |
| B | 37.7 | Brazil | 3.8 | Energy | 10.3 |
| CCC & Below | 15.6 | Turkey | 3.8 | Healthcare | 8.6 |
| Not Rated | 2.8 | Germany | 3.7 | Retail | 6.0 |
| Cash and derivatives | -0.1 | France | 3.6 | Consumer Goods | 5.6 |
|  |  | Sweden | 3.2 | Telecommunications | 5.4 |
|  |  | China | 3.1 | Services | 5.2 |
|  |  | Luxembourg | 2.9 | Leisure | 5.2 |
|  |  | Mexico | 2.6 | Technology & Electronics | 5.2 |

Translation (ENFR, 2021-09-30):
| Ventilation des notations de crédit | (%) | Top 10 des pays | (%) | Top 10 des secteurs | (%) |
| --- | --- | --- | --- | --- | --- |
| BBB | 0.6 | États-Unis | 57.0 | Industries de base | 11.6 |
| BB | 43.5 | Royaume-Uni | 4.0 | Immobilier | 10.9 |
| B | 37.7 | Brésil | 3.8 | Énergie | 10.3 |
| CCC et inférieure | 15.6 | Turquie | 3.8 | Soins de santé | 8.6 |
| Pas de notation | 2.8 | Allemagne | 3.7 | Distribution | 6.0 |
| Cash and derivatives | -0.1 | France | 3.6 | Biens de consommation | 5.6 |
|  |  | Suède | 3.2 | Télécommunications | 5.4 |
|  |  | Chine | 3.1 | Services | 5.2 |
|  |  | Luxembourg | 2.9 | Loisirs | 5.2 |
|  |  | Mexique | 2.6 | Technologie et Electroniques | 5.2 |
| Top 10 Holdings | (%) | Asset allocation | (%) | Credit rating breakdown | (%) |
| --- | --- | --- | --- | --- | --- |
| Bank of America Corp 1.734 07/22/2027 (Long) | 1.7 | Derivatives | 0.5 | AAA | 3.7 |
| Macquarie Bank Ltd 2.3 01/22/2025 (Long) | 1.5 | Derivatives | 0.5 | AA+ | 1.0 |
| AT&T Inc .9 03/25/2024 (Long) | 1.1 | Total Fixed Income | 94.6 | AA | 2.4 |
| Hyundai Capital America 1 09/17/2024 (Long) | 1.0 | Senior Unsecured | 76.0 | AA- | 3.9 |
| Georgia-Pacific LLC .625 05/15/2024 (Long) | 1.0 | Subordinated | 7.9 | A+ | 5.5 |
| Toyota Motor Credit Corp 1.8 02/13/2025 (Long) | 1.0 | Senior Secured | 7.3 | A | 11.8 |
| Mizuho Financial Group Inc 1.554 07/09/2027 (Long) | 1.0 | ABS | 2.5 | A- | 17.5 |
| Morgan Stanley 1.512 07/20/2027 (Long) | 1.0 | Quasi Sovereign | 0.5 | BBB+ | 23.2 |
| Ausgrid Finance Pty Ltd 1.2405 10/30/2024 (Long) | 1.0 | Covered | 0.4 | BBB | 13.1 |
| Broadcom Inc 1.95 02/15/2028 (Long) | 1.0 | Cash & Equivalents | 5.0 | BBB- | 11.3 |
| Total number of positions | 230 |  |  | BB+ | 0.5 |
|  |  |  |  | BB | 0.6 |
|  |  |  |  | Derivatives | 0.5 |
|  |  |  |  | Cash & Equivalents | 5.0 |

Translation (ENFR, 2021-09-30):
| Top 10 des sociétés de portefeuille | (%) | Allocation des actifs | (%) | Ventilation des notations de crédit | (%) |
| --- | --- | --- | --- | --- | --- |
| Bank of America Corp 1.734 07/22/2027 (Long) | 1.7 | Dérivés | 0.5 | AAA | 3.7 |
| Macquarie Bank Ltd 2.3 01/22/2025 (Long) | 1.5 | Dérivés | 0.5 | AA+ | 1.0 |
| AT&T Inc .9 03/25/2024 (Long) | 1.1 | Total obligations | 94.6 | AA | 2.4 |
| Hyundai Capital America 1 09/17/2024 (Long) | 1.0 | Titres non garantis seniors | 76.0 | AA- | 3.9 |
| Georgia-Pacific LLC .625 05/15/2024 (Long) | 1.0 | Subordonnées | 7.9 | A+ | 5.5 |
| Toyota Motor Credit Corp 1.8 02/13/2025 (Long) | 1.0 | Titres garantis seniors | 7.3 | A | 11.8 |
| Mizuho Financial Group Inc 1.554 07/09/2027 (Long) | 1.0 | ABS | 2.5 | A- | 17.5 |
| Morgan Stanley 1.512 07/20/2027 (Long) | 1.0 | Quasi Sovereign | 0.5 | BBB+ | 23.2 |
| Ausgrid Finance Pty Ltd 1.2405 10/30/2024 (Long) | 1.0 | Obligations sécurisées | 0.4 | BBB | 13.1 |
| Broadcom Inc 1.95 02/15/2028 (Long) | 1.0 | Trésorerie & Equivalents | 5.0 | BBB- | 11.3 |
| Nombre total de positions | 230 |  |  | BB+ | 0.5 |
|  |  |  |  | BB | 0.6 |
|  |  |  |  | Dérivés | 0.5 |
|  |  |  |  | Trésorerie & Equivalents | 5.0 |
| Top 10 holdings | (%) | Top 10 countries | (%) | Top 10 sectors | (%) |
| --- | --- | --- | --- | --- | --- |
| Prologis | 6.7 | United States | 58.7 | Real Estate Holding & Development | 18.1 |
| Sun Communities | 4.2 | Japan | 10.0 | Industrial REITs | 17.8 |
| Alexandria Real Estate Equities | 4.0 | Hong Kong | 5.8 | Residential REITs | 16.2 |
| Duke Realty | 3.2 | United Kingdom | 5.1 | Retail REITs | 8.5 |
| UDR | 3.1 | Germany | 4.8 | Diversified REITs | 8.0 |
| Spirit Realty Capital | 3.0 | Australia | 3.2 | Office REITs | 7.5 |
| Equity LifeStyle Properties | 3.0 | Singapore | 2.9 | Hotel & Lodging REITs | 5.2 |
| Essex Property Trust | 2.9 | Spain | 1.8 | Health Care REITs | 3.9 |
| Hilton Worldwide | 2.8 | Belgium | 1.6 | Infrastructure REITs | 3.0 |
| Mitsui Fudosan | 2.5 | Sweden | 1.5 | Hotels & Motels | 2.8 |
| Total number of positions | 64 | Cash | 2.5 |  |  |

Translation (ENFR, 2021-09-30):
| Top 10 des sociétés de portefeuille | (%) | Top 10 des pays | (%) | Top 10 des secteurs | (%) |
| --- | --- | --- | --- | --- | --- |
| Prologis | 6.7 | États-Unis | 58.7 | Promotion et détention de biens immobiliers | 18.1 |
| Sun Communities | 4.2 | Japon | 10.0 | SIIC Industrielles | 17.8 |
| Alexandria Real Estate Equities | 4.0 | Hong-Kong | 5.8 | SIIC Résidentielles | 16.2 |
| Duke Realty | 3.2 | Royaume-Uni | 5.1 | SIIC au Détail | 8.5 |
| UDR | 3.1 | Allemagne | 4.8 | SIIC à Exploitation Diversifiée | 8.0 |
| Spirit Realty Capital | 3.0 | Australie | 3.2 | SII Bureautiques | 7.5 |
| Equity LifeStyle Properties | 3.0 | Singapour | 2.9 | REIT d'hôtels et gîtes | 5.2 |
| Essex Property Trust | 2.9 | Espagne | 1.8 | SIIC Soins de Santé | 3.9 |
| Hilton Worldwide | 2.8 | Belgique | 1.6 | REIT d'infrastructures | 3.0 |
| Mitsui Fudosan | 2.5 | Suède | 1.5 | Hôtels et motels | 2.8 |
| Nombre total de positions | 64 | Liquidités | 2.5 |  |  |
# Investment strategy
The strategy is based on identifying companies that are considered by the investment manager to be current or future leaders in driving or enabling technology adoption and as such have undiscovered potential for sustained earnings growth. These companies are typically aligned with themes that drive long-term technology growth trends (e.g. internet transformation, next generation infrastructure and payment digitisation). The investment manager looks to navigate the hype cycle around technology adoption by assessing the company’s fundamental business model and actively engaging with management on key issues and characteristics relating to all aspects of growth.

Translation (ENFR, 2023-01-31):
# Stratégie d'investissement
La stratégie est fondée sur l’identification de sociétés qui sont considérées par le gestionnaire d’investissement comme des leaders actuels ou futurs dans la conduite ou la facilitation de l’adoption de technologies et qui, en tant que telles, ont un potentiel non découvert de croissance soutenue des bénéfices. Ces sociétés sont généralement alignées sur des thématiques qui favorisent les tendances de croissance technologique à long terme (par exemple, les transformations liées à Internet, les infrastructures de nouvelle génération et la numérisation des paiements). Le gestionnaire d’investissement cherche à suivre le cycle de la Hype autour de l’adoption des technologies en évaluant le modèle commercial fondamental de la société et en s’engageant activement avec la direction sur les questions et caractéristiques clés relatives à tous les aspects de la croissance.
The Fund aims to provide capital growth over the long term. Performance target: To outperform the MSCI ACWI Information Technology Index + MSCI ACWI Communication Services Index, after the deduction of charges, over any 5 year period.
For the fund’s investment policy, refer to the Additional fund information on page 3.
Past performance does not predict future returns.
Due to current regulations we are only permitted to show performance if the share class is more than one year old.
Inception date	16 October 1996
Total net assets	2.71bn
Asset class	Equities
Domicile	Luxembourg
Structure	SICAV
Base currency	USD
MSCI ACWI Information
Index
Technology Index + MSCI ACWI Communication
Services Index
Morningstar sector	Sector Equity Technology
SFDR category	Article 8
In accordance with the Sustainable Finance Disclosure Regulation, the Fund is classified as Article 8 and promotes, among other characteristics, environmental and/or social characteristics, and invests in companies with good governance practices.
Inception date	17 August 2022
Distribution type	Accumulation Net
Historic yield	0.00%
Currency	EUR
Minimum initial investment	2,500
The Historic Yield does not include any preliminary charge and investors may be subject to tax on their distributions.
Graeme Clark	Manager since 2017
Alison Porter	Manager since 2017
Richard Clode, CFA	Manager since 2017

Translation (ENFR, 2023-01-31):
Le Fonds vise à fournir une croissance du capital sur le long terme. Objectif de performance : Surperformer par rapport aux indices MSCI ACWI Information Technology Index + MSCI ACWI Communication Services Index, après déduction des charges, sur une période quelconque de cinq ans.
Pour la politique d'investissement du fonds, voir les Informations complémentaires relative au fonds à la page 3. Les performances passées ne préjugent pas des résultats futurs.
La règlementation en vigueur ne nous permet pas d’afficher une performance si la part a moins d’un an d’existence.
Date de création	16 octobre 1996
Total de l'actif nette	2.71Mds
Classe d’actifs	Actions
Domiciliation	Luxembourg
Structure	SICAV
Devise de base	USD
Indices MSCI ACWI
Indice
Information Technology +
MSCI ACWI
Communication Services
Secteur Morningstar	Sector Equity Technology
SFDR Catégorie	Article 8
Conformément au règlement sur la publication des informations relatives à la finance durable, le fonds est classé comme un relevant de l’Article 8 et met en avant, entre autres, des caractéristiques environnementales et/ou sociales, et investit dans des sociétés ayant des pratiques de bonne gouvernance.
Date de création	17 août 2022
Type de distribution	Accumulation Net
Rendement historique	0,00%
Devise	EUR
Investissement initial minimum
2.500
Le rendement historique n'inclut aucun frais unitial et il est possible que les investisseurs soient assujettis à un impôt sur les dividendes perçus.
Graeme Clark	Gérants depuis 2017
Alison Porter	Gérants depuis 2017
Richard Clode, CFA	Gérants depuis 2017
# Returns
1
Month
3
Month  YTD
1
Year
3
Year
5
Year
10
Year
Since inception
(11/12/17)
Morningstar sector	Europe Large-Cap Blend Equity
SFDR category	Article 8
H2 HUSD (Net)	5.29	11.47	5.29	-2.88	4.89	5.61	—5.68

Translation (ENFR, 2023-01-31):
# Rendements
1
Mois
3
Mois
Dep. début année
1
Année
3
Année
5
Année
10
Année
Depuis le lancement (11/12/17)
Secteur Morningstar	Europe Large-Cap Blend
Equity
SFDR Catégorie	Article 8
H2 HUSD (Nette)	5,29	11,47	5,29	-2,88	4,89	5,61	—	5,68
## Cumulative	Annualised
Inception date	30 November 2001
Total net assets	303.76m
Asset class	Equities
Domicile	Luxembourg
Structure	SICAV
Base currency	EUR
Index	FTSE World Europe Index

Translation (ENFR, 2023-01-31):
## Cumulée	Annualisée
Date de création	30 novembre 2001
Total de l'actif nette	303.76m
Classe d’actifs	Actions
Domiciliation	Luxembourg
Structure	SICAV
Devise de base	EUR
Indice	Indice FTSE World Europe
# Returns
1
Month
3
Month  YTD
1
Year
3
Year
5
Year
10
Year
Since inception
(06/07/20)
Hedged
Morningstar sector	Global Flexible Bond - USD
SFDR category	Article 8
IU2 HEUR (Net)	3.95	5.32	3.95  -13.58	—	—	—	-4.78

Translation (ENFR, 2023-01-31):
# Rendements
1
Mois
3
Mois
Dep. début année
1
Année
3
Année
5
Année
10
Année
Depuis le lancement
(06/07/20)
Secteur Morningstar	Global Flexible Bond - USD
Hedged
SFDR Catégorie	Article 8
IU2 HEUR (Nette)	3,95	5,32	3,95  -13,58	—	—	—	-4,78
# Cumulative growth - EUR
### 06 Jul 2020 — 31 Jan 2023
5
0
-5
-10
-15
-20
Jul-20	Nov-20	Mar-21	Jul-21	Nov-21	Mar-22	Jul-22	Nov-22 Horizon Strategic Bond Fund IU2 HEUR (Net)
2020
In accordance with the Sustainable Finance Disclosure Regulation, the Fund is classified as Article 8 and promotes, among other characteristics, environmental and/or social characteristics, and invests in companies with good governance practices.
Inception date	06 July 2020
Distribution type	Accumulation Gross
Distribution yield	3.50%
Underlying yield	2.80%
Currency	EUR
Minimum initial investment	1,000,000
The Distribution and Underlying Yields are based on a snapshot of the portfolio on that day. The yield does not include any preliminary charge and investors may be subject to tax on distributions.

Translation (ENFR, 2023-01-31):
# Croissance cumulée - EUR
### 06 juil. 2020 — 31 janv. 2023
5
0
-5
-10
-15
-20
Jul-20	Nov-20	Mar-21	Jul-21	Nov-21	Mar-22	Jul-22	Nov-22
Horizon Strategic Bond Fund IU2 HEUR (Nette)
Conformément au règlement sur la publication des informations relatives à la finance durable, le fonds est classé comme un relevant de l’Article 8 et met en avant, entre autres, des caractéristiques environnementales et/ou sociales, et investit dans des sociétés ayant des pratiques de bonne gouvernance.
Date de création		06 juillet 2020 Type de distribution	Accumulation Gross Rendement des
3,50%
distributions
Rendement sous-jacent	2,80%
Devise	EUR
2020
Investissement initial minimum
1.000.000
# Europe Large-Cap Blend Equity - OE (45.3%)
| 1 year | 35.2 | 32.1 | 30.3 | inception date and annualised target time |
| --- | --- | --- | --- | --- |
| 3 years (annualised) | 10.6 | 7.7 | 7.1 | period. |
| 5 years (annualised) | 9.9 | 8.6 | 7.8 |  |
| 10 years (annualised) | 10.7 | 8.5 | 7.7 |  |
| Since inception 07 Jan 2010 (annualised) | 10.0 | 8.1 | 7.3 |  |

| 1 month | 1.2 | 1.9 | 1.9 |
| --- | --- | --- | --- |
| YTD | 18.8 | 17.5 | 16.5 |

Source: at 31 Jul 2021. © 2021 Morningstar. All rights reserved, performance is with gross income reinvested. Performance/ performance target related data will display only where relevant to the share class
| ISIN: LU0113993041 Sedol: 4609050 | Discrete year performance % | I2 (Net) | Index | Sector |
| --- | --- | --- | --- | --- |
| Bloomberg: GAPAEUB LX | 30 Jun 2020 to 30 Jun 2021 | 32.8 | 27.9 | 27.7 |

| 30 Jun 2018 to 30 Jun 2019 | 3.4 | 4.5 | 1.2 | being received after quarter end. |
| --- | --- | --- | --- | --- |
| 30 Jun 2017 to 30 Jun 2018 | 1.9 | 2.8 | 2.3 |  |
| 30 Jun 2016 to 30 Jun 2017 | 16.3 | 18.0 | 16.8 |  |

Translation (ENFR, 2021-07-31):
# Europe Large-Cap Blend Equity - OE (45.3%)
| NA | 1 mois | 1.2 | 1.9 | 1.9 |
| --- | --- | --- | --- | --- |
| Codes | Depuis le début de l’année | 18.8 | 17.5 | 16.5 |

| 1 an | 35.2 | 32.1 | 30.3 | seront indiquées que si elles sont |
| --- | --- | --- | --- | --- |
| 3 ans (annualisée) | 10.6 | 7.7 | 7.1 | pertinentes par rapport à la date de |
| 5 ans (annualisée) | 9.9 | 8.6 | 7.8 | création de la catégorie de parts et à la |
| 10 ans (annualisée)	10.7	8.5	7.7  période annualisée cible. |
| Depuis création 07 janv. 2010 (annualisée) | 10.0 | 8.1 | 7.3 |  |
-10
-20
May-17	May-18	May-19	May-20	May-21	May-22 Horizon Japanese Smaller Companies Fund A2 HEUR (Net) Russell/Nomura Small Cap
Inception date	01 August 1985
Total net assets	42.41bn
Asset class	Equities
Domicile	Luxembourg
Structure	SICAV
Base currency	JPY
Index	Russell/Nomura Small Cap Index
	Equity
Morningstar sector	Japan Small/Mid-Cap
Inception date	24 May 2017
Distribution type	Accumulation Net
Historic yield	0.10%
Currency	EUR
Minimum initial investment	2,500
The Historic Yield does not include any preliminary charge and investors may be subject to tax on their distributions.
Yunyoung Lee, CFA	Manager since 2014
2017

Translation (ENFR, 2023-01-31):
-10
-20
May-17	May-18	May-19	May-20	May-21	May-22 Horizon Japanese Smaller Companies Fund A2 HEUR (Nette) Russell/Nomura Small Cap
Le rendement historique n'inclut aucun frais unitial et il est possible que les investisseurs soient assujettis à un impôt sur les dividendes perçus.
Yunyoung Lee, CFA	Gérants depuis 2014
2017
|  | MSCI World Health Care NR Hgd EUR (0.0%) |
| --- | --- |
| Performance % | A2 (Net) | Index | A2 (Gross) | Target (Gross) |
| 1 month | -0.1 | 3.5 | - | - |
| YTD | 2.4 | 14.7 | - | - |
| 1 year | 18.6 | 21.4 | - | - |
| 3 years (annualised) | 10.9 | - | - | - |
| 5 years (annualised) | 9.4 | - | 12.0	- |
| 10 years (annualised) | 13.9 | - | 16.7	- |
| Since inception 31 Mar 2000 (annualised) | 7.2 | - | 9.7	- |

Translation (ENFR, 2021-07-31):
|  | MSCI World Health Care NR Hgd EUR (0.0%) |
| --- | --- |
| Performance % | A2 (Nette) | Indice | A2 (Brut) | Objectif (Brut) |
| 1 mois | -0.1 | 3.5 | - | - |
| Depuis le début de l’année | 2.4 | 14.7 | - | - |
| 1 an | 18.6 | 21.4 | - | - |
| 3 ans (annualisée) | 10.9 | - | - | - |
| 5 ans (annualisée) | 9.4 | - | 12.0	- |
| 10 ans (annualisée) | 13.9 | - | 16.7	- |
| Depuis création 31 mars 2000 (annualisée) | 7.2 | - | 9.7	- |
|  | MSCI AC World NR (80.0%) Global Large-Cap Growth Equity - OE (96.6%) |
| --- | --- |
|  |
| Performance % | A2 (Net) | Index | Sector A2 (Gross) | Target (Gross) |
| 1 month | 3.2 | 0.7 | 1.6 | - | - |
| YTD | 18.0 | 16.7 | 15.3 | - | - |
| 1 year | 30.6 | 32.8 | 30.7 | - | - |
| 3 years (annualised) | 14.9 | 13.2 | 16.1 | - | - |
| 5 years (annualised) | 14.9 | 12.5 | 14.5 | 16.9 | 15.3 |
| 10 years (annualised) | 14.9 | 13.0 | 12.7 | 16.8 | 15.8 |
| Since inception 29 Oct 2004 (annualised) | 10.2 | 9.2 | 9.0 | 12.0 | 11.9 |

Translation (ENFR, 2021-07-31):
|  | MSCI AC World NR (80.0%) Global Large-Cap Growth Equity - OE (96.6%) |
| --- | --- |
|  |
| Performance % | A2 (Nette) | Indice | Secteur | A2 (Brut) | Objectif (Brut) |
| 1 mois | 3.2 | 0.7 | 1.6 | - | - |
| Depuis le début de l’année | 18.0 | 16.7 | 15.3 | - | - |
| 1 an | 30.6 | 32.8 | 30.7 | - | - |
| 3 ans (annualisée) | 14.9 | 13.2 | 16.1 | - | - |
| 5 ans (annualisée) | 14.9 | 12.5 | 14.5 | 16.9 | 15.3 |
| 10 ans (annualisée) | 14.9 | 13.0 | 12.7 | 16.8 | 15.8 |
| Depuis création 29 oct. 2004 (annualisée) | 10.2 | 9.2 | 9.0 | 12.0 | 11.9 |