Form EFFECT Horizon Funds

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March 16, 2026 6:12 AM EDT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date: March 13, 2026 2:00 P.M.
Form: N-14
CIK: 0001643174
Company Name: Horizon Funds
File Number: 333-293278
SERIES/CLASSES (CONTRACTS) MERGERS
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101851 ANFIELD DYNAMIC FIXED INCOME ETF
C000272168 ANFIELD DYNAMIC FIXED INCOME ETF
Target:
0001552947 Two Roads Shared Trust
S000067046 Anfield Dynamic Fixed Income ETF
C000215717 Anfield Dynamic Fixed Income ETF
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101852 ANFIELD ENHANCED MARKET STRATEGY ETF
C000272169 ANFIELD ENHANCED MARKET STRATEGY ETF
Target:
0001552947 Two Roads Shared Trust
S000093394 Anfield Enhanced Market ETF
C000261613 Anfield Enhanced Market ETF
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101853 ANFIELD U.S. EQUITY SECTOR ROTATION ETF
C000272170 ANFIELD U.S. EQUITY SECTOR ROTATION ETF
Target:
0001552947 Two Roads Shared Trust
S000067047 Anfield U.S. Equity Sector Rotation ETF
C000215718 Anfield U.S. Equity Sector Rotation ETF
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101854 ANFIELD UNIVERSAL FIXED INCOME ETF
C000272171 ANFIELD UNIVERSAL FIXED INCOME ETF
Target:
0001552947 Two Roads Shared Trust
S000062994 Anfield Universal Fixed Income ETF
C000204431 Anfield Universal Fixed Income ETF
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101855 REGENTS PARK HEDGED MARKET STRATEGY ETF
C000272172 REGENTS PARK HEDGED MARKET STRATEGY ETF
Target:
0001552947 Two Roads Shared Trust
S000075684 Regents Park Hedged Market Strategy ETF
C000234954 Regents Park Hedged Market Strategy ETF
CIK
Series ID
Class/Contract Name
Acquiring:
0001643174 Horizon Funds
S000101856 Anfield Universal Fixed Income Fund
C000272174 Institutional Class
Target:
0001552947 Two Roads Shared Trust
S000040050 Anfield Universal Fixed Income Fund
C000124329 Anfield Universal Fixed Income Fund Class A
Target:
0001552947 Two Roads Shared Trust
S000040050 Anfield Universal Fixed Income Fund
C000124331 Anfield Universal Fixed Income Fund Class C
Target:
0001552947 Two Roads Shared Trust
S000040050 Anfield Universal Fixed Income Fund
C000124332 Anfield Universal Fixed Income Fund Class I

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