C
Hennessy Cornerstone Growth Fund Investor Class HFCGX
NASDAQ
Recommendation
NAV
Total Assets
Dividend Yield
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Reward
Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Systematic Withdrawal Plan, Automatic Investment Plan, Phone Exchange, Wire Redemption, Retirement Investment
Performance
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30-Day Total Return
60-Day Total Return
90-Day Total Return
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Last Bear Market Total Return
Forward Dividend Yield
Price
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NAV
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Beta / Standard Deviation
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Standard Deviation
Company Information
Provider
Hennessy
Manager/Tenure
(Years)
Neil J. Hennessy (24), Ryan C. Kelley (8), L. Joshua Wein (6)
Address
Hennessy
Novato CA - 94945
Country
United States
Phone Number
800-966-4354
Investment Strategy
The investment seeks long-term growth of capital. The fund may invest in any company whose securities are listed on a U.S. national securities exchange, including through ADRs, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. The fund invests in growth-oriented common stocks by utilizing a quantitative formula known as the Cornerstone Growth Strategy. It purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.