HILGX – Hennessy Cornerstone Large Growth Instl Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund invests in growth-oriented common stocks of larger companies by utilizing a quantitative formula known as the Cornerstone Large Growth Formula (the "Large Growth Formula"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Large Growth Formula, 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
HFLGX	Hennessy Cornerstone Large Growth Fund Investor Class	No Load	Open			Mar 20, 2009	$122.81M	1.290%	High	$2,500	−$13.12M
HILGX	Hennessy Cornerstone Large Growth Fund Institutional Class	Institutional	Open			Mar 20, 2009	$19.84M	1.000%	High	$250,000	$488,301.24

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