Focus Fund (HFCSX/HFCIX)
Cornerstone Mid Cap 30 Fund (HFMDX/HIMDX)
Don't Overlook the Power of Mid-Caps |
Mid-cap stocks have often been called the "sweet spot" of investing for their favorable performance.
In fact, over the 15-year period ended June 30, 2016, an investment in mid-caps has yielded 27% more than small-caps and 45% more than large-caps. |
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Unlock the potential of mid-cap stocks with Hennessy's "Dynamic Duo" – the Hennessy Focus Fund (HFCSX/HFCIX) and Hennessy Cornerstone Mid Cap 30 Fund (HFMDX/HIMDX).
Both Funds feature a high conviction, "best ideas" portfolio with no common holdings, along with high active share. |
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| Fund Performance as of 6/30/16 |
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Average Annual Total Return |
| Hennessy Focus Fund |
1 Year |
3 Year |
5 Year |
10 Year |
15 Year |
| Investor Class – HFCSX |
-0.57% |
10.41% |
13.09% |
9.45% |
12.20% |
| Institutional Class – HFCIX1 |
-0.18% |
10.79% |
13.45% |
9.74% |
12.40% |
| Russell Midcap Growth Index |
-2.14% |
10.52% |
9.98% |
8.12% |
6.99% |
| Morningstar % Rank in Category (Investor)** |
14% |
25% |
2% |
9% |
1% |
| # of funds in Mid-Cap Growth Category |
724 |
650 |
573 |
429 |
283 |
| Gross Expense Ratio: 1.47% (Investor Class) 1.12% (Institutional Class) |
| Fund Performance as of 6/30/16 |
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Average Annual Total Return |
| Cornerstone Mid Cap
30 Fund |
1 Year |
3 Year |
5 Year |
10 Year |
Since
Inception
(9/17/03) |
| Investor Class - HFMDX |
-10.67% |
9.86% |
9.08% |
6.89% |
10.60% |
| Institutional Class - HIMDX2 |
-10.40% |
10.17% |
9.41% |
7.19% |
10.84% |
| Russell Midcap Index |
0.56% |
10.80% |
10.90% |
8.07% |
10.10% |
| Morningstar % Rank in Category (Investor)** |
85% |
23% |
42% |
48% |
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| # of funds in Mid-Cap Blend Category |
420 |
376 |
321 |
228 |
— |
| Gross Expense Ratio: 1.33% (Investor Class) 0.97% (Institutional Class) |
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| Morningstar Rating |
| Focus Fund |
Overall  Rating
as of 6/30/16
★ ★ ★ ★ ★
(Investor)
Among 650 Mid-Cap Growth Funds |
| Cornerstone Mid Cap 30 Fund |
Overall Rating
as of 6/30/16
★ ★ ★
(Investor)
Among 376 Mid-Cap Blend Funds
The Overall Morningstar Rating™ is based on risk adjusted returns, derived from a weighted average of the 3, 5, and 10 year Morningstar metrics.
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| Literature Center |
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| Contact Us To Learn More |
Financial Professional
Help Desk
800-890-7118
advisors@hennessyfunds.com |
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1Represents the performance of the Institutional Class shares after May 30, 2008 (inception of the share class) and Investor Class for periods prior to that date.
2Represents the performance of the Institutional Class shares after March 3, 2008 (inception of the share class) and Investor Class for periods prior to that date.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained here. |
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Please click here for a current prospectus.
*This chart illustrates the performance of a hypothetical $10,000 investment and does not imply future performance. One cannot invest directly in an index.
**Based on total returns.
Mutual fund investing involves risk; Principal loss is possible. Small and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. The Cornerstone Mid Cap 30 Fund's formula-based strategy may cause the Fund to buy or sell securities at times when it may not be advantageous. The Focus Fund is a nondiversified fund, one that may concentrate its assets in fewer holdings than a diversified fund, and is more exposed to individual stock volatility than a diversified fund. Investments in foreign securities may involve greater volatility and political, economic and currency risk and differences in accounting methods.
Morningstar Proprietary Ratings reflect risk-adjusted performance as of 6/30/16. For each fund with at least a three year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in distribution percentage. HFCSX received 4 stars for the three year period and 5 stars for the five and ten year periods ended 6/30/16 among 650, 573 and 429 Mid-Cap Growth Funds, respectively. HFMDX received 3 stars for the three, five and ten year periods ended 6/30/16 among 376, 321 and 228 Mid-Cap Blend Funds, respectively. Ratings for other share classes may differ. The Morningstar percentile ranking is based on the fund's total-return percentile rank relative to all funds that have the same category for the same time period. The highest (or most favorable) percentile rank is 1%, and the lowest (or least favorable) percentile rank is 100%. ©Morningstar, Inc. All Rights Reserved.
The Hennessy Funds are distributed by Quasar Distributors, LLC. |
