Hennessy Focus Fund Investor Class (HFCSX)
Hennessy Focus Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Novato, CA, US. The stock last traded at $38.89, up 1.46% on the session, giving a market capitalisation of $1.16B. Its beta of 1.20 implies it has historically moved more than the broad market.
The main objective of this investment product is to grow the value of its assets over time. It primarily allocates its capital to companies headquartered in the United States, which are publicly traded on national securities exchanges within the U.S. The fund also has the option to invest in international businesses. This can include foreign companies whose stocks are listed on U.S. national exchanges, or those accessed through American Depositary Receipts (ADRs) and similar instruments – these are U.S. dollar-denominated securities representing foreign issuers, also traded on U.S. national exchanges. Furthermore, it may acquire shares in foreign companies that are listed on exchanges outside the U.S. It's important to note that this fund maintains a concentrated portfolio, meaning it is classified as non-diversified.
Hennessy Focus Fund Investor Class is most often compared with the following Financial Services names: