Hennessy Cornerstone Large Growth Fd Inv Cl (HFLGX)
HFLGX Price Chart
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HFLGX Fund Profile
Key details and information about Hennessy Cornerstone Large Growth Fd Inv Cl (HFLGX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
20 Mar 2009
Country
US
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.
HFLGX Fund Performance
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