A Good Mutual Fund for Mid-Cap Stocks
With Hennessy Cornerstone Mid Cap 30's review system, stocks come and go.
You won’t see chicken processor Pilgrim’s Pride and Skechers, the maker of trendy sneakers, at the top of many portfolios. But they’re among the biggest holdings of Hennessy Cornerstone Mid Cap 30, a fund that follows strict rules in search of midsize companies trading at reasonable prices. “Mid caps are more stable than small businesses but also have the potential to grow into large-cap companies,” says Brian Peery, who runs the fund with Neil Hennessy. “They’re the sweet spot of the market all around.”
* Annualized for three and five years. @ Rankings exclude share classes of this fund with different fee structures or higher minimum initial investments. t For all share classes combined. MSCI EAFE index consists of developed foreigh stock markets. Sources: Morningstar Inc., Vanguard
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
