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Portfolio Perspective
Cornerstone Mid Cap 30 FundPortfolio Drivers: Consumer Discretionary and Industrials
Neil J. HennessyChief Market Strategist and Portfolio Manager
Ryan C. Kelley, CFAChief Investment Officer and Portfolio Manager
L. Joshua Wein, CAIAPortfolio ManagerRead the CommentaryCornerstone Mid Cap 30 Fund Portfolio Managers Ryan Kelley and Josh Wein review the Fund’s investment strategy, discuss the most recent rebalance, and highlight the recent change in market cap range of potential investments.
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Company Spotlight
Focus FundAST SpaceMobile: Transforming How the World Connects
David Rainey, CFACo-Portfolio Manager
Brian Macauley, CFACo-Portfolio Manager
Ira Rothberg, CFACo-Portfolio ManagerRead the SpotlightAST is building the first and only space-based cellular broadband network accessible directly by everyday smartphones with both commercial and government applications.1 With strategic investments from leading technology players such as AT&T, Verizon, Vodafone and Google, AST has the bold goal to provide uninterrupted broadband connectivity, everywhere.
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Portfolio Perspective
Japan FundCompelling Japanese Opportunities Amid Attractive Valuations
Masakazu Takeda, CFA, CMAPortfolio Manager
Angus Lee, CFAPortfolio ManagerRead the CommentaryThe Hennessy Japan Fund Portfolio Managers highlight the effect of the new Prime Minister on the economy and market and how holdings were affected by the final trade agreement. They also discuss currency volatility, valuations, and the most compelling opportunities as we end 2025.