Hennessy Cornerstone Large Growth Fd Inv Cl (HFLGX)
Hennessy Cornerstone Large Growth Fd Inv Cl operates in the Asset Management industry of the Financial Services sector, headquartered in Novato, CA, US. The stock last traded at $13.11, up 0.85% on the session, giving a market capitalisation of $141.4M. Its beta of 0.75 implies it has historically moved less than the broad market.
This fund primarily allocates capital to common shares of substantial companies exhibiting strong growth potential. Its investment decisions are systematically guided by a proprietary quantitative methodology, specifically referred to as the Cornerstone Large Growth Formula. The portfolio maintains a consistent structure, comprising 50 distinct equity holdings, with each position representing an equal 2% of the fund's total assets. Annually, typically during the winter season, the entire universe of potential investments is thoroughly re-evaluated using the Large Growth Formula, leading to a comprehensive rebalancing of the portfolio.
Hennessy Cornerstone Large Growth Fd Inv Cl is most often compared with the following Financial Services names: