Funds Now Available to Merrill Lynch Clients
CA – June 11, 2008 Hennessy Advisors, Inc., 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.
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.
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.
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:
Focus 30 Fund (HFTFX-Original class shares; HIFTX-Institutional
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
Hennessy Balanced Fund (HBFBX-Original class shares)
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 or visiting www.hennessyfunds.com.
Please read the prospectus carefully before investing.
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.