Hennessy Cornerstone Large Growth Fd Inv Cl (HFLGX) NASDAQ

Currency In USD

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Hennessy Cornerstone Large Growth Fd Inv Cl

Address

7250 Redwood Boulevard

Novato, CA 94945

United States of America (the)

Phone

8009664354

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 20, 2009

Key Executives

N/A
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Description

This fund primarily allocates capital to common shares of substantial companies exhibiting strong growth potential. Its investment decisions are systematically guided by a proprietary quantitative methodology, specifically referred to as the Cornerstone Large Growth Formula. The portfolio maintains a consistent structure, comprising 50 distinct equity holdings, with each position representing an equal 2% of the fund's total assets. Annually, typically during the winter season, the entire universe of potential investments is thoroughly re-evaluated using the Large Growth Formula, leading to a comprehensive rebalancing of the portfolio.

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