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Hennessy Gas Utility Index Investor (GASFX)

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Last Post: 6/18/2013 7:06:40 PM - Followers: 0 - Board type: Free - Posts Today: 0

Fund Summary The investment seeks income and capital appreciation. The fund intends to provide investment results that replicate the performance of the American Gas Association Stock Index, an index maintained by the American Gas Association ("AGA"), a national trade association of natural gas companies. It normally invests at least 85% of its net assets in the common stock of companies that have natural gas distribution and transmission operations. The fund will seek to invest substantially all of its assets in the stocks of the index. It is non-diversified (GASFX) invests nearly 85% of its assets in companies from the natural gas distribution and transmission domain. The fund seeks to provide returns identical to that of the American Gas Association Stock Index. This utilities mutual fund has a three year annualized return of 20.2%. The utilities mutual fund has a minimum initial investment of $2,000 and an expense ratio of 0.71% compared to a category average of 1.29%.
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#1   Very solid fund here in a sector that davidam 06/18/13 07:06:40 PM