Hennessy Cornerstone Growth Investor (HFCGX)
14.55 0.13(0.90%) May 17
* As of 28-Feb-13
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.34%|
Performance & Risk
|5y Avg Return:||0.31%|
|Rank in Category (ytd):||31|
|% Rank in Category (ytd):||4.42%|
|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, purely quantitative formula known as the Cornerstone Growth StrategyÂ® (the "Growth Strategy"). From a universe of stocks with market capitalization exceeding $175 million, the Cornerstone Growth Strategy selects the 50 common stocks with the highest one-year price appreciation as of the date of purchase. The fund purchases 50 stocks as dictated by the Cornerstone Growth Strategy, weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. View More