Hennessy Japan Small Cap Fund (HJPSX)

Top Ten Holdings as of 12/31/2017

Total as % of Net Assets 19.7%
Hito Communications, Inc. 2.2% Bic Camera, Inc. 1.9%
Shibuya Corp. 2.0% Mitsubishi Logisnext Co., Ltd. 1.9%
Okamura Corp. 2.0% Japan Pile Corp. 1.9%
Jeol, Ltd. 2.0% Kakaku.com, Inc. 1.9%
Lintec Corp. 2.0% Resorttrust, Inc. 1.9%

Sector Weighting as of 12/31/2017

Portfolio Characteristics as of 12/31/2017

Total Fund Assets $149.6 Million
Portfolio Turnover 50%
Number of Holdings 63
Median Market Cap $794.4 Million
Median Price/Earnings 17.56x
Median Price/Book 1.54x

Country Allocation as of 12/31/2017

Japan 90.3%
Cash & Other 9.7%

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