The firm’s income and expansion strategies add to a lineup now exceeding US$4 billion in assets.

Horizon Funds, part of Horizon Investments, a North Carolina-based registered investment adviser, has further expanded its portfolio with the launch of two new funds. The current launches bring the number of funds in the Horizon ETF suite to 16 The funds include the Horizon High Income ETF (YLDY) and Horizon Expansion Leaders ETF (EXPN), both listed on the Cboe BZX Exchange since 12 August. YLDY seeks to provide investors with attractive current income while minimising the cyclicality and s