The investment seeks long-term growth of capital and current income.
The fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks that are considered to be undervalued in relation to earnings, dividends and/or assets. It normally invests for the long-term, but may sell a security at any time that the fund's portfolio managers consider it to be overvalued or otherwise unfavorable. With respect to stocks, the fund generally requires a minimum market capitalization of $1 billion at time of purchase, and there is no maximum market capitalization.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Hennessy
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=U.S. Bancorp Fund Services, LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Large Value
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Novato___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=U.S. Bank N.A
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