Hennessy Japan Fund (HJPIX)

Top Ten Holdings as of 12/31/2017

Total as % of Net Assets 48.7%
Mitsubishi Corp. 5.1% Japan Tobacco, Inc. 4.9%
Terumo Corp. 5.0% Shimano, Inc. 4.9%
Unicharm Corp. 4.9% SoftBank Group Corp. 4.8%
Misumi Group, Inc. 4.9% Kubota Corp. 4.7%
Recruit Holdings Co., Ltd. 4.9% Daikin Industries, Ltd. 4.7%

Sector Weighting as of 12/31/2017

Portfolio Characteristics as of 12/31/2017

Total Fund Assets $338.9 Million
Portfolio Turnover 1%
Number of Holdings 23
Median Market Cap $33.4 Billion
Median Price/Earnings 28.40x
Median Price/Book 3.11x

Country Allocation as of 12/31/2017

Japan 92.7%
Cash & Other 7.3%

Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.