Hennessy Japan Small Cap Fund

Hennessy Japan Small Cap Fund

Last Update: 2014-06-27

Number of Stocks: 59
Number of New Stocks: 6

Total Value: $15 Mil
Q/Q Turnover: 13%

Countries: JPN
Details: Top Buys | Top Sales | Top Holdings  Embed:

Hennessy Japan Small Cap Fund' s Profile & Performance

Profile

Hennessy Japan Small Cap Fund Investor Class (HJPSX) was established on 8/31/2007. The total net assets are $16 million and the portfolio turnover is 49%. The Fund seeks long-term capital appreciation by normally investing at least 80% of its net assets in equity securities of smaller Japanese companies, defined as those with market capitalizations in the bottom 15% of all Japanese companies. Within this fund, the top three sectors are Industrials (37.1%), Information Technology (23.0%), and Consumer Discretionary (18.7%).

Hennessy Japan Small Cap Fund is managed by Hidehiro Moriya (since 7/9/2012) and Tadahiro Fujimura (since 8/31/2007).

Investing Philosophy

The Hennessy Japan Small Cap Fund invests in stocks which it portfolio managers believe to be good businesses with exceptional management and which are trading at an attractive price. Individual stock selection is based on rigorous, on-site research and focuses on factors such as market growth potential, management quality, earnings quality and balance sheet strength. The Fund seeks arbitrage opportunities between a company’s fundamental value and its market price. The portfolio selects just the managers' best ideas and has a concentrated number of holdings.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Hennessy Japan Small Cap Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201333.1731.551.6
201212.7615.4-2.6
2011-4.172.08-6.2
3-Year Cumulative43.9 (12.9%/year)55 (15.7%/year)-11.1 (-2.8%/year)
201023.9915.068.9
200913.8826.46-12.6
5-Year Cumulative103.2 (15.2%/year)125.5 (17.7%/year)-22.3 (-2.5%/year)
2008-22.31-3714.7

Top Ranked Articles

Six New Japanese Stocks Chosen by Long-Term Fund
The Hennessy Japan Fund (Trades, Portfolio) and Hennessy Japan Small-Cap Fund both seek attractively priced, strong businesses with capable management. Through both analyzing and visiting companies, managers choose stocks they perceive as having a significant “value gap.” The Hennessy Japan Fund (Trades, Portfolio) (HJPNX) has returned 7.9% since its inception in 2003, beating its benchmark Russell/Nomura Total Market Index return of 4.51%. Last year, its return was 31%. Read more...
Hennessy Japan Small Cap Fund Semi-Annual Report April 30, 2014
Letter to Shareholders Read more...
» More Hennessy Japan Small Cap Fund Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Hennessy Japan Small Cap Fund Semi-Annual Report April 30, 2014
Letter to Shareholders More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Hennessy Japan Funds First Quarter 2014 Commentary
In 2013, Prime Minister Shinzo Abe introduced his "Three Arrows" program to jumpstart the Japanese economy. Which policies have achieved success and which ones have been more difficult to implement? More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Six New Japanese Stocks Chosen by Long-Term Fund Hennessy Japan Fund,Hennessy Japan Small Cap Fund - Six New Japanese Stocks Chosen By Long-Term Fund
The Hennessy Japan Fund (Trades, Portfolio) and Hennessy Japan Small-Cap Fund both seek attractively priced, strong businesses with capable management. Through both analyzing and visiting companies, managers choose stocks they perceive as having a significant “value gap.” The Hennessy Japan Fund (Trades, Portfolio) (HJPNX) has returned 7.9% since its inception in 2003, beating its benchmark Russell/Nomura Total Market Index return of 4.51%. Last year, its return was 31%. More...

  • Currently 3.00/5

Rating: 3.0/5 (2 votes)

Hennessy Funds 2013 Annual Letter
Dear Hennessy Funds Shareholder: More...

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