Horizon Landmark ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 3 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About BENJ
The Landmark Fund is an actively managed exchange-tradedfund (“ETF”) that seeks to achieve its investment objective primarily by investing in U.S. Treasury Bills with maturitiesranging from one to three months (and ETFs that have substantial exposure to such Treasury Bills), and by engaging in options transactions. The Fund’s investment adviser, Horizon Investments,LLC (“Horizon” or the “Adviser”), expects to employ a variety of options strategies for the Fund, including purchasingand selling put and call options, as well as utilizing “spreads” and other option combinations. In “spread” transactions,the Fund buys and writes a put or buys and writes a call on the same underlying instrument with the options having different strike prices,expiration dates, or both. When the Landmark Fund engages in spread transactions, it seeks to profit from differences in the option premiumspaid and received and in the market prices of the related options positions when they are closed out or sold. The options utilized by the Fund may be basedon a broad range of underlying assets, including domestic equity securities, ETFs, and equity indices. Options purchased by the Fundmay be exchange-traded (including Flexible Exchange Options (“FLEX Options”)) or traded over-the-counter (“OTC Options”).FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation (the “OCC”).Terms that can be customized for FLEX Options include exercise price, exercise styles, and expiration dates. In addition to the spreads discussed above, theLandmark Fund’s option strategies may also involve other options combinations, such as straddles and collars. In “straddles,”the Fund purchases a put option and a call option or writes a put option and a call option on the same instrument with the same expirationdate and the same strike price. A “collar” position combines a put option purchased by the Fund (the right of the Fund tosell a specific security within a specified period) with a call option that is written by the Fund (the right of the counterparty tobuy the same security) in a single instrument, and the Fund’s right to sell the security is typically set at a price that is belowthe counterparty’s right to buy the security. Thus, the combined position “collars” the performance of the underlyingsecurity, providing protection from depreciation below the price specified in the put option, and allowing for participation in any appreciationup to the price specified by the call option. In each case, the premium received for writing an option offsets, in part, the premiumpaid to purchase the corresponding option; however, downside protection may be limited as compared to just owning a single option. Thereis no limit on the number or size of the options transactions in which the Landmark Fund may engage. The allocation among various investment strategieswill be determined by the Adviser using a flexible approach that combines active management and quantitative models, incorporating theAdviser’s assessment of current economic and market conditions, liquidity, pricing, and the overall composition of the Fund’sportfolio. The Adviser will consider factors such as price, duration, liquidity, and risk when selecting investments and structuringthe Fund’s portfolio. Although the Fund invests primarily in options and short-term U.S. Treasury Bills, it may also hold cashand cash equivalents, such as money market funds, to manage liquidity and facilitate its investment strategies. The Fund may engage inactive and frequent trading, which could result in increased transaction costs and may affect the Fund’s performance.
BENJ News
Data for BENJ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.