HICGX – Hennessy Cornerstone Growth Inst Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund may invest in any company whose securities are listed on a U.S. national securities exchange, including through ADRs, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. The fund invests in growth-oriented common stocks by utilizing a quantitative formula known as the Cornerstone Growth Strategy. It purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HFCGX	Hennessy Cornerstone Growth Fund Investor Class	No Load	Open			Nov 1, 1996	$245.32M	1.320%	Above Average	$2,500	−$55.12M
HICGX	Hennessy Cornerstone Growth Fund Class Institutional	Institutional	Open			Mar 3, 2008	$205.70M	1.000%	Above Average	$250,000	−$44.36M

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