Hennessy Focus Fund Portfolio Managers David Rainey, Brian Macauley and Ira Rothberg discuss the potential impact of the Tax Reform bill and provide updates on a number of holdings in this "best ideas" concentrated portfolio. Read More
Hennessy Cornerstone Growth Fund Manager, Brian Peery, discusses the Fund's investment criteria and notable changes to the portfolio following the most recent rebalance, including market cap and sector weightings. He also shares his insights into which sectors might benefit the most from new policy proposals by the Trump administration. Read More
Opinions expressed are those of the Portfolio Manager(s) and are subject to change, are not guaranteed and should not be considered investment advice.
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The Funds' investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 1-800-966-4354.
Mutual fund investing involves risk. Principal loss is possible. Small and medium-capitalization companies may have more limited liquidity and greater price volatility than large-capitalization companies. Investments in foreign securities may involve greater volatility and political, economic and currency risk and differences in accounting methods. A non-diversified fund, one that may concentrate its assets in fewer individual holdings than a diversified fund, is more exposed to individual stock volatility than a diversified fund. A fund that concentrates its investments within one country, one sector, or a small group of industries, such as Japan, Technology, Financials or Natural Gas, may be subject to a higher degree of risk. Investments in debt securities typically decrease in value when interest rates rise. The risk is greater for longer-term debt securities. Investment by a fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Mortgage- and asset-backed securities are subject to prepayment risk, which is the risk that the borrower will prepay some or all of the principal owed to the issuer. Funds that invest in pooled investment vehicles (including ETFs) may experience higher fees. The formula-based strategy employed by some Funds may cause those Funds to buy or sell securities at times when it may not be advantageous.
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