Hennessy Japan Small Cap Fund Investor Class

Frequently Asked Questions About HJPSX

What does HJPSX invest in?

The fund's primary objective is to achieve substantial capital appreciation over the long term. It dedicates at least 80% of its net assets, alongside any borrowed funds used for investment purposes, to purchasing equity securities of smaller Japanese firms. These firms are generally defined as those with market capitalizations ranking among the bottom 20% of all publicly listed Japanese companies. The fund's management classifies a company as Japanese if it is legally organized under Japanese statutes, or if its principal securities trading market is Japan, or if the majority of its assets or business operations are situated within Japan.

What is the expense ratio of HJPSX?

Hennessy Japan Small Cap Fund Investor Class (HJPSX) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HJPSX?

Hennessy Japan Small Cap Fund Investor Class (HJPSX) manages $143.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HJPSX actively managed or an index fund?

HJPSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HJPSX launched?

Hennessy Japan Small Cap Fund Investor Class (HJPSX) launched in September 2007 and is managed by the fund issuer.

How has HJPSX performed?

HJPSX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.