The Hennessy Gas Utility Fund (ticker symbol: GASFX) is comprised of the publicly traded natural gas distribution and transmission member companies of the American Gas Association whose common stock, or parent company's common stock, is traded on a United States stock exchange.
Mutual fund investing involves risk. Loss of principal is possible. A non-diversified fund, one that may concentrate its assets in fewer holdings than a diversified fund, is more exposed to individual stock volatility than a diversified fund. Investments are focused in the natural gas distribution and transmission industry, which may be adversely affected by rising interest rates, weather, and the wholesale pricing of alternative fuels. Investments in foreign securities may involve greater volatility and political, economic and currency risk and differences in accounting methods.
The Hennessy Funds are distributed by Quasar Distributors, LLC.