Hennessy Technology Fund (HTCIX)

Objective and Overview

The Hennessy Technology Fund seeks long-term capital appreciation by investing in high-quality companies that have the potential to participate in the growth and innovation of the Technology sector.

Investment Strategy

The Hennessy Technology Fund utilizes several metrics to analyze Technology companies, selecting the top 60 which demonstrate:

  • Sector-leading cash flows and profits, with the ability to sustain profitability
  • A history of delivering returns in excess of cost of capital
  • Attractive balance sheet risk profile
  • Attractive relative valuation
  • Ability to generate cash

The universe of stocks is re-screened and the portfolio is rebalanced approximately on a monthly basis.