Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Fund Focus: Hennessy Focus Fund: (HFCSX)

FYI: Until the recent rally began, it’s been a tough market. But Hennessy Focus Fund (HFCSX) — which is an IBD Best Mutual Funds 2016 award winner — keeps outperforming by making big bets on its three portfolio managers’ best ideas.
Regards,
Ted
http://www.investors.com/etfs-and-funds/mutual-funds/how-a-top-performing-mutual-fund-wins-with-big-bets-on-best-ideas/

M* Snapshot HFCSX:
http://www.morningstar.com/funds/xnas/hfcsx/quote.html

Lipper Snapshot HFCSX:
http://www.marketwatch.com/investing/Fund/HFCSX

HFCSX Is Unranked In The (MCG) Fund Category By U.S. News & World Report:
http://money.usnews.com/funds/mutual-funds/mid-cap-growth/hennessy-focus-fund/hfcsx

Hennessy Focus Fund Website:
https://hennessyfunds.com/funds/equity/individual/f_2/sc_investor/focus_fund/p_Quarterly/overview.fs

Comments

  • The Hennessy funds are interesting: I own some HFMDX, another concentrated mid-cap fund. One of HFCSX's main holdings is Markel. You'll find the same company in Chuck Akre's AKREX, also worth holding.
  • @BenWP Chuck Akre ran the Hennessy Focus Fund (formerly called FBR) for many years before launching AKREX in 2009, so much of the long-term track record you see is his. Kudos nevertheless to the current managers who continue to deliver great returns. Akre taught them very well. Both are worthy holdings, but holding both may create some overlap.
  • HFCSX tilts a little smaller than AKREX, which is really turning into a LCG fund. Both seem to be great active plays, though. I've thought about getting into HFMDX, since it's a very systematic, concentrated quant MCV fund.
  • Most of the portfolio still contains stocks which Akre purchased. But, it is nice to see his former students doing well.
Sign In or Register to comment.