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.
The Hennessy Technology Fund utilizes several metrics to analyze Technology companies, selecting the top 60 which demonstrate:
cash flows and profits, with the ability to sustain profitability
- A history
of delivering returns in excess of cost of capital
balance sheet risk profile
- Ability to generate cash
universe of stocks is re-screened and the portfolio is rebalanced approximately
on a monthly basis.