Horizon Spin-off & Corp Restructuring I (LSHUX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.25%|
Performance & Risk
|5y Avg Return:||21.37%|
|Rank in Category (ytd):||64|
|% Rank in Category (ytd):||8.44%|
|Morningstar Risk Rating:||4|
The investment seeks to achieve long-term growth of capital.
Under normal market conditions, the fund will pursue its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, and parents of any such companies. It may invest in any size company, including small- and medium-sized companies, and further may invest in companies which are financially distressed. The fund is non-diversified. View More