Hennessy Cornerstone Growth Investor (HFCGX)
* As of 31-Mar-15
Quotes delayed, except where indicated otherwise. Currency in USD.
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.23%|
Performance & Risk
|5y Avg Return:||14.56%|
|Rank in Category (ytd):||24|
|% Rank in Category (ytd):||3.08%|
|Morningstar Risk Rating:||4|
The investment seeks long-term growth of capital.
The fund invests in growth-oriented common stocks by utilizing a highly disciplined, quantitative formula known as the Cornerstone Growth Strategy® (the "Growth Strategy"). The fund purchases 50 stocks as dictated by the Growth Strategy, weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter. Stocks meeting the Growth Strategy's criteria not currently in the portfolio are purchased, and stocks that no longer meet the criteria are sold. View More