The financial markets provide a wide array of investment
products for today's investor. The addition of online investing
has added even more products for investors to choose from.
Which investment is best? Which one should you choose?
While no investment vehicle is perfect, I believe that mutual
funds are an investor's best option. Mutual funds offer every
investor a simple way to get diversification, low fees, professional
management, and excellent service. Mutual funds provide the
opportunity to reinvest your capital gains and dividends in
the funds. With those features, you get built in dollar cost
averaging so your money is always at work. At Hennessy Funds,
we further simplify our investing by using time-tested historical
models to strategically invest our mutual funds.
There are plenty of mutual fund detractors who point to the
drawbacks of mutual fund investing; fees and taxes. Every
investment, including investing online, has those same disadvantages.
Accounts will incur fees, and inevitably, we all pay taxes.
The allure of trading at your desktop and paying less per
trade than with a traditional broker cannot alleviate the
sting of receiving inferior executions for your orders. That's
why we deal with only reputable traders and firms who work
hard to get the best possible execution on our transactions
at a competitive cost. You can be assured we do everything
possible to maximize your return while minimizing your tax
consequences. In addition, we are committed to lowering our
expenses as we continue to raise assets in our funds.
Hennessy Funds brings you investments you can understand.
You are not betting on the whims of a money manager, instead
you are choosing funds managed through proven strategies with
solid track records. Our historical models help us to use
history as our guide, and our strategies don't allow for buying
and selling on emotions when the markets or world news create
panic. We let the stocks come to us, we do not go looking
for them based on relationships we may have with a company
or management team.
There is no "perfect" investment product, but I
believe that mutual funds remain an investor's best option.
With our funds, you get long-term investments you can believe
in and understand, and you get a team of dedicated experienced
professionals on your side. At Hennessy Funds, what you see
is what you get.
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