The Portfolio Managers discuss several Fund holdings that offer an attractive risk/return profile, share their views on consumer-related holdings, and provide insights into the portfolio’s valuation and earnings growth relative to its benchmark.
Portfolio Manager Tad Fujimura discusses the effects of the Russian war in Ukraine on Japanese companies, how the Fund is positioned, notable changes in the portfolio, and a few holdings he believes are trading at a discount with attractive growth prospects.
Portfolio Manager Masa Takeda discusses Japanese energy imports, inflation, interest rates, and valuations. He also talks about the effects on Japanese companies with regard to Russia and ongoing supply chain issues.
In the following commentary, the Portfolio Managers of the Hennessy Cornerstone Growth Fund discuss the Fund’s formula-based investment strategy and how it drives the Fund’s sector and industry positioning.
In the following commentary, the Portfolio Managers of the Hennessy Cornerstone Large Growth Fund discuss the Fund’s quantitative investment process and how it drives the Fund’s sector and industry positioning.
In the following commentary, the Portfolio Managers of the Hennessy Cornerstone Value Fund discuss the Fund’s formula-based investment strategy and how it drives the Fund’s sector and industry positioning.
Portfolio Managers Dave Ellison and Ryan Kelley discuss how the Federal Reserve’s plans will likely affect banks and how the market has reacted to the Fed’s rate increase. They also cover valuations, loan growth, mergers and acquisitions, and the benefits of active management.
Portfolio Manager Ben Cook, CFA discusses his thoughts on how higher prices have affected the economy, the capital discipline of many energy companies, renewable energy, and valuations.
The Portfolio Managers share their insights on the macroenvironment driving midstream companies, as well as midstream companies’ advantages in an inflationary environment, valuations, and payout levels.
The Portfolio Managers of the Hennessy Gas Utility Fund discuss America’s role as a global supplier of natural gas, the Fund’s alternative energy exposure, earnings growth expectations, and how Utilities perform in a rising rate environment.