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Morningstar

Hennessy Japan Institutional HJPIX

Morningstar Medalist Rating
Medalist Rating as of | See Hennessy Investment Hub
  • NAV / 1-Day Return 38.15  /  0.08 %
  • Total Assets 303.1 Mil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Japan Stock
  • Investment Style Large Blend
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield —
  • Turnover 21%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:16 PM GMT+0

Morningstar’s Analysis HJPIX

Will HJPIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HJPIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HJPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of HJPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A drop in its Process Pillar rating is the primary driver of Hennessy Japan Institutional's downgrade to a Morningstar Medalist Rating of Bronze from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HJPIX

More HJPIX Holdings
  • Current Portfolio Date
  • Equity Holdings 29
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 51.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mitsubishi Corp

7.90
22,848,748
Industrials

Hitachi Ltd

7.64
22,109,966
Industrials

Seven & i Holdings Co Ltd

4.83
13,971,579
Consumer Defensive

Tokyo Electron Ltd

4.72
13,653,901
Technology

Sony Group Corp

4.67
13,522,478
Technology

First American Treasury Obligs X

4.57
13,236,965
Cash and Equivalents

Rohto Pharmaceutical Co Ltd

4.56
13,196,690
Consumer Defensive

Tokio Marine Holdings Inc

4.55
13,170,504
Financial Services

ORIX Corp

4.23
12,234,666
Financial Services

Shin-Etsu Chemical Co Ltd

4.08
11,799,880
Basic Materials