Hennessy Technology Fund Institutional Class (HTCIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of companies that are principally engaged in the research, design, development, manufacturing or distributing products or services in the technology industry. It will primarily invest in equity securities of companies listed on a U.S. securities exchange or NASDAQ that are expected to experience earnings growth as a result of technology. The fund may invest up to 20% of its net assets in companies outside of the technology industry. It is non-diversified.


1 month-3.17% 3 years+9.77%
3 months-0.27% 5 years--
1 year+0.20% Since inception+7.63%
Data through --

Peer Comparisonvs. Technology

Performance 5-yr return--+13.59%
Expense ratio2.80%1.58%
Risk 5 year sharpe ratio0.510.83
Net assets$5.6M$805.8M
Average market cap$76.4B$40.0B
Average P/E24.522.8
Portfolio turnover204%204%

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Fund Management and Purchase Info

Fund familyHennessy
Fund manager & tenureDavid Ellison / 12 Years
Minimal initial investment$250,000.00
Minimum IRA investment$250,000.00


U.S. stock80.58%
International stock13.24%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Hardware 36.28%
Telecommunication 17.36%
Healthcare 9.55%
Consumer service 6.58%
Financial service 3.01%
Top 10 Holdings
Portfolio weighting
V Visa Inc Class A3.73%
ORCL Oracle Corporation3.70%
MSFT Microsoft Corp3.69%
BABA Alibaba Group Holding Ltd ADR3.69%
GOOG Google Inc Class C3.68%
FB Facebook Inc Class A3.67%
AAPL Apple Inc3.65%
INTC Intel Corp3.59%
GILD Gilead Sciences Inc3.51%
CSCO Cisco Systems Inc3.49%

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