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Hennessy Funds Outperform With Active Management

TedTed
edited November 2014 in The Bullpen
FYI: More than 70% of actively managed U.S. stock funds lagged their benchmarks over the five years ended June 30, according to the S&P Dow Jones Indices Versus Active (SPIVA) U.S. scorecard.

Hennessy Funds were an exception. Over those five years, nearly 70% of Hennessy's funds beat their benchmark on an annualized basis.
Regards,
Ted
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Enlarged Graphic: http://news.investors.com/photopopup.aspx?path=WEBlag112814.gif&docId=728159&xmpSource=&width=1000&height=691&caption=&id=728158

M* Hennessy Funds: http://quicktake.morningstar.com/fundfamily/hennessy/0C00001YV7/fund-list.aspx
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