Hennessy Focus Fund Institutional Class (HFCIX)
Hennessy Focus Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Novato, CA, US. The stock last traded at $41.36, up 0.51% on the session, giving a market capitalisation of $1.23B. Its beta of 1.20 implies it has historically moved more than the broad market.
The fund's primary investment strategy is directed towards U.S.-based companies whose securities are publicly traded on national exchanges within the United States. Beyond this core focus, the fund retains the option to acquire holdings in international companies. This encompasses foreign firms whose shares are already traded on U.S. national securities exchanges. It can also invest in overseas businesses through American Depositary Receipts (ADRs) or similar depositary instruments, which represent U.S. dollar-denominated securities from foreign issuers that are also listed on U.S. national exchanges. Additionally, the fund may seek opportunities in foreign enterprises whose securities are traded exclusively on non-U.S. exchanges. It operates as a non-diversified investment vehicle.
Hennessy Focus Fund Institutional Class is most often compared with the following Financial Services names: