Hennessy Funds Now Available to Merrill Lynch Clients
11 Giugno 2008 - 9:06PM
PR Newswire (US)
NOVATO, Calif., June 11 /PRNewswire-FirstCall/ -- Hennessy
Advisors, Inc. (OTC:HNNA) (BULLETIN BOARD: HNNA) , investment
manager of the Hennessy Funds, today announced an agreement that
will make their family of quantitatively managed mutual funds
available to Merrill Lynch clients through Merrill's vast network
of approximately 16,000 professional financial advisors. "We
couldn't be more excited and honored that our Funds have been
selected by one of the world's leading and most respected wealth
management companies," said Neil Hennessy, Chairman and CEO of
Hennessy Advisors, Inc. and Chairman and Portfolio Manager of
Hennessy Funds. "With extremely volatile markets and an ever
growing number of investment options, it is no surprise that more
and more investors are seeking the guidance and resources of an
experienced financial advisor, and we believe they are well served
by Merrill Lynch's financial advisors. We are proud to have our
mutual funds represented by such a high-caliber group of investment
professionals," he added. "I have had the distinct pleasure of
working with Merrill Lynch for many years, and we look forward to a
long partnership between Merrill Lynch and Hennessy Funds," said
Kevin Rowell, Hennessy Funds' newly appointed President. About
Hennessy Advisors, Inc. Hennessy Advisors, Inc. is the investment
manager of the Hennessy family of mutual funds. Each of the
Hennessy Funds employs a time-tested, quantitative stock selection
strategy and is managed with the discipline and consistency of an
index fund. The Hennessy Funds are comprised of: Hennessy Focus 30
Fund (HFTFX-Original class shares; HIFTX-Institutional class
shares) Hennessy Cornerstone Growth Fund (HFCGX-Original class
shares; HICGX-Institutional class shares) Hennessy Cornerstone
Growth Fund, Series II (HENLX-Original class shares;
HINLX-Institutional class shares) Hennessy Cornerstone Value Fund
(HFCVX-Original class shares; HICVX-Institutional class shares)
Hennessy Total Return Fund (HDOGX-Original class shares) Hennessy
Balanced Fund (HBFBX-Original class shares) Supplemental
Information The funds' investment objectives, risks, charges and
expenses must be considered carefully before investing. The
prospectus contains this and other important information about the
investment company, and it may be obtained by calling
1-800-966-4354. Please read it carefully before investing. Mutual
fund investing involves risk; principal loss is possible. As of
3/31/08, none of the Hennessy Funds held positions in Merrill
Lynch. Fund holdings are subject to change at any time, and should
not be considered a recommendation to buy or sell any security.
Quasar Distributors, LLC, Distributor. Available Topic Expert(s):
For information on the listed expert(s), click appropriate link.
Neil J. Hennessy
http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=36873
DATASOURCE: Hennessy Advisors, Inc. CONTACT: Tania Kelley of
Hennessy Advisors, Inc., 1-800-966-4354, +1-415-899-1555 Web site:
http://www.hennessyadvisors.com/
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