Hennessy Japan Fund (HJPNX)

Top Ten Holdings as of 12/31/2016

Total as % of Net Assets 57.9%
SoftBank Group Corp. 6.4% Terumo Corp. 5.8%
Keyence Corp. 6.1% Shimano, Inc. 5.7%
Mitsubishi Corp. 6.1% Unicharm Corp. 5.4%
Nidec Corp. 6.1% Daikin Industries, Ltd. 5.3%
Misumi Group, Inc. 5.8% ASICS Corp. 5.2%

Sector Weighting as of 12/31/2016

Portfolio Characteristics as of 12/31/2016

Total Fund Assets $127.9 Million
Portfolio Turnover 10%
Number of Holdings 21
Median Market Cap $17.8 Billion
Median Price/Earnings 26.95x
Median Price/Book 3.28x

Country Allocation as of 12/31/2016

Japan 96.7%
Cash & Other 3.3%

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