Aspect Horizon Limited ("Company")
1. Purpose of this page
The following disclosures are being made by Aspect Capital Limited ("Aspect") to investors in the Company before they invest and on an ongoing basis.
Capitalised terms used but not otherwise defined in this document shall, unless the context otherwise requires, have the meanings ascribed to them in the Product Description Document of the Company dated 30 June 2026, as amended or supplemented from time to time.
TER Disclosures
2. TER Disclosure
As at 1 January 2026, the total annual operating expenses of the Company over a year is projected to be 0.24% of the Company’s Net Asset Value. This is based on expenses for the year ending 31 December 2025. This figure may vary from year to year and excludes portfolio transactions costs and performance fees, if any.
3. Collateral
Cash is posted as collateral by the Fund and in return the Fund receives US Treasury Bills from the counterparty. As the Fund is utilising cash as collateral, it does not need to consider the issuer, maturity, liquidity as well as collateral diversification and correlation policies. The collateral valuation methodology used for the cash is that it is valued at face value. The cash and the US Treasury Bills are safe kept with the counterparty in a segregated custody account. As the only collateral is cash, there are no restrictions on the reuse.
4. Policy on sharing of return generated by SFTs and TRSs
All of the revenue generated by the SFTs and TRSs will be returned to the Fund net of fees and / or taxes (if any) and none of the costs and fees will be assigned to the manager or third parties other than the counterparty.
