Hennessy Focus Fund Inv Cl · NASDAQ:HFCSX
Hennessy Focus Fund Inv Cl — Hennessy Funds — Investor Presentation (September 2003)
18 slides from Hennessy Focus Fund Inv Cl's investor presentation, Sep 30, 2003
Slide 1: Hennessy Funds
For professional use only — not for public distribution. HENNESSY FUNDS Hennessy Cornerstone Growth Fund As of September 30, 2003, the Hennessy Cornerstone Growth Fund 750 Grant Avenue received a Standard & Poor’s Overall Funds STARS Ranking of 5 out of Suite 100 442 funds in the small cap growth ca
Slide 2: Hennessy Funds Disclosure
For professional use only — not for public distribution. Hennessy Funds Disclosure Past performance is not an indication of future returns. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original
Slide 3: Table of Contents
For professional use only — not for public distribution. Hennessy Funds Table of Contents Hennessy Advisors, Inc. Mutual Fund Disclosures…………………………………………………… 2 Overview…………………………………………………………………… 4 Key Management Points……………………………………………….…… 5 Historical Cornerstone Growth Fund (HFCGX) Fund Strategy,
Slide 4: Hennessy Advisors, Inc. Overview
For professional use only — not for public distribution. Hennessy Advisors, Inc. Overview Hennessy Funds is a family of no-load mutual funds offering five different investment vehicles that we believe satisfy a multitude of investment horizons and risk profiles. All of our funds employ unique and po
Slide 5: Key Points
For professional use only — not for public distribution. Hennessy Advisors, Inc. KEY POINTS · Each of the Hennessy Funds are built on a stock selection strategy that has been time-tested and we feel have performed well in comparison to their comparable indices. · The strategies employed in the Henne
Slide 6: Hennessy Cornerstone Growth Fund—HFCGX
For professional use only — not for public distribution. Hennessy Cornerstone Growth Fund—HFCGX Fund Strategy Every year the Fund will buy the 50 stocks that meet the criteria of the Cornerstone Growth Strategy Index®. At the time of purchase, the companies will have the following criteria: the high
Slide 7: Hennessy Cornerstone Growth Fund—HFCGX
For professional use only — not for public distribution. Hennessy Cornerstone Growth Fund—HFCGX Average Annual Return as of 09/30/03 Lipper ratings for Total Return reflect fund’s historical total return YTD as of 1 Yr 3 Yr 5 Yr Since Inception performance relative to peers as of 9/30/03. Lipper rat
Slide 8: Hennessy Focus 30 Fund—HFTFX
For professional use only — not for public distribution. Hennessy Focus 30 Fund—HFTFX Fund Strategy The objective of the Hennessy Focus 30 is long-term growth of capital. The Fund invests its assets in mid-cap growth oriented companies, screening for stocks with above-average earnings growth potenti
Slide 9: Hennessy Focus 30 Fund—HFTFX
For professional use only — not for public distribution. Hennessy Focus 30 Fund—HFTFX Fund Information (as of 9/30/03) Equity Sector Weighting Fund Category Mid-Cap Growth Total Net Assets $33,256,679 Expense Ratio (as of 9/30/03) 1.45% CUSIP 425 888 302 Ticker HFTFX 19.8% 7.0% Inception 9/18/03 3.6
Slide 10: Hennessy Cornerstone Value Fund—HFCVX
For professional use only — not for public distribution. Hennessy Cornerstone Value Fund—HFCVX Fund Strategy Every year the Fund will buy the 50 stocks that meet the criteria of the Cornerstone Value Strategy Index®: at the time of purchase, the com- panies with the highest dividend yield are select
Slide 11: Hennessy Cornerstone Value Fund—HFCVX
For professional use only — not for public distribution. Hennessy Cornerstone Value Fund—HFCVX Average Annual Return as of 9/30/03 Lipper ratings for Total Return reflect fund’s historical total return per- YTD as of 1 Yr 3 Yr 5 Yr Since Inception formance relative to peers as of 9/30/03. Lipper rat
Slide 12: Hennessy Total Return Fund—HDOGX
For professional use only — not for public distribution. Hennessy Total Return Fund —HDOGX Fund Strategy Approximately twice a month, the Fund will buy the 10 highest yielding stocks in the Dow Jones Industrial Average with 75% of the Fund's investable cash and invest the remaining 25% of the Fund's
Slide 13: Hennessy Total Return Fund—HDOGX
For professional use only — not for public distribution. Hennessy Total Return Fund —HDOGX Lipper ratings for Preservation reflect funds' historical loss avoidance rela- tive to other funds within the same asset class, as of 9/30/03. Preserva- Average Annual Return as of 9/30/03 tion ratings are rel
Slide 14: Hennessy Balanced Fund—HBFBX
For professional use only — not for public distribution. Hennessy Balanced Fund —HBFBX Fund Strategy Approximately twice a month, the Fund will buy the 10 highest yielding stocks in the Dow Jones Industrial Average with 50% of the Fund's investable cash and invest the remaining 50% of the Fund's cas
Slide 15: Hennessy Balanced Fund—HBFBX
For professional use only — not for public distribution. Hennessy Balanced Fund —HBFBX Average Annual Return as of 9/30/03 YTD as of 1 Yr 3 Yr 5 Yr Since Inception 9/30/03 3/8/96 HBFBX 4.32% 12.35% 2.52% 2.15% 4.82% S&P 500 Index 14.71% 24.40% -10.13% 1.00% 7.82% DJIA 13.11% 25.11% -2.62% 5.29% 9.16
Slide 16: Truth in Raw Numbers
Truth in Raw Numbers If you're skeptical of what businesses report as "earnings" -- their official profits -- you have a right to be. Earnings are an artifice of what are called generally accepted accounting principles, and, while GAAP earnings are universally admired, almost worshiped, by accountan
Slide 17: Here's what O'Shaughnessy found
Here's what O'Shaughnessy found: Over the period he studied, the 50 stocks with the lowest P/S ratio produced average annual returns of 18.9 percent, compared with 14.6 percent for all stocks. That's a huge difference over time. During the 42 years he studied, an investment of $10,000 became $5.9 mi
Slide 18: Supplemental Information
Supplemental Information As of September 30, 2003 the average annual total returns are:: One Year Five Years Since Inception Cornerstone Growth Fund (11/1/96) +31.67% +20.03% +15.81% S&P 500 Index (11/1/96) +24.40% +1.00% +6.70% Past performance is not indicative of future results. Investment return
Hennessy Funds — Investor Presentation (September 2003) on 6ix