News & Press Center
In the News
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Investment News -"‘Magnificent 7’ Slowdown Creating Opportunities For Stockpickers"
Kyle BalkissoonPortfolio ManagerKyle Balkissoon, Portfolio Manager of the Hennessy Stance ESG ETF, isn't worrying about whether the "Magnificent 7" will hold their positions for 2024. He believes in finding more breadth in the market by looking at the other 493 companies that make up the S&P.
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Yahoo! Finance - "2024 ESG Investing Outlook"
Bill DavisPortfolio ManagerWhile investors may fear ESG funds based on outflows in 2023, Bill Davis, Portfolio Manager of the Hennessy Stance ESG ETF, believes it was a natural repositioning. He says underlying dynamics causing companies to focus on decarbonization and better governance aren't going anywhere.
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MoneyLife With Chuck Jaffe – “Market Call With Kyle Balkissoon”
Kyle BalkissoonPortfolio ManagerKyle Balkissoon, Hennessy Stance ESG ETF Portfolio Manager, discusses the components of Hennessy's quantitative approach, stressing that a company they consider must first be aligned with their values and be poised to outperform, as well as apply an optimization in an attempt to reduce portfolio level tail risk and mitigate downside losses.
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Bloomberg Radio – Bill Davis Interviewed: “ESG and ETFs” August 2023
Bill DavisPortfolio ManagerBill Davis, Hennessy Stance ESG ETF Portfolio Manager, believes ESG considerations in investing are here to stay and that there are risks that are existential to investor performance, such as those around climate.
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TD Ameritrade Network - "Hennessy Stance ESG ETF (STNC) Holdings Highlight"
Kyle BalkissoonPortfolio ManagerKyle Balkissoon, Portfolio Manager of the Hennessy Stance ESG Large Cap ETF, believes there are two macro trends to watch – increased workplace productivity due to the AI wave, and a normalizing yield curve.
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Bloomberg Podcast, The Tape, “ETF Strategies in the second half”
Kyle BalkissoonPortfolio ManagerHennessy Funds Stance Cap ETF Co-Portfolio Manager, Kyle Balkissoon, relies on the concept of “explainable ESG,” to thoroughly screen each company to show investors know why a company is or isn’t in the portfolio. He believes companies with “prudent use of capital,” and showing stable consistent growth are well positioned for outperformance.
Press Releases
STNC
Information about the Hennessy Stance ESG ETF (the “Fund”), a semi-transparent actively managed exchange-traded fund ("ETF") with a Portfolio Reference Basket structure:
The Fund is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. The Fund will not. This may create additional risks for your investment. For example:
- You may have to pay more money to trade the Fund’s shares. The Fund will provide less information to traders, who tend to charge more for trades when they have less information.
- The price you pay to buy Fund shares on an exchange may not match the value of the fund’s portfolio. The same is true when you sell shares. These price differences may be greater for the Fund compared to other ETFs because it provides less information to traders.
- These additional risks may be even greater in bad or uncertain market conditions.
- The Fund will publish on its website each day a “Portfolio Reference Basket” designed to help trading in shares of the Fund. While the Portfolio Reference Basket includes all the names of the Fund’s holdings, it is not the Fund’s actual portfolio.
The differences between the Fund and other ETFs may also have advantages. By keeping certain information about the Fund portfolio secret, the Fund may face less risk that other traders can predict or copy its investment strategy. This may improve the Fund’s performance. If other traders are able to copy or predict the Fund’s investment strategy, however, this may hurt the Fund’s performance.
For additional information regarding the unique attributes and risks of the Fund, see the Prospectus and SAI.
Opinions expressed are subject to change at any time, are not guaranteed, and should not be considered investment advice.
Index performance is not indicative of fund performance.
Future dividend payments are not guaranteed.
References to other funds should not be interpreted as an offer of these securities.
DOE refers to the Department of Energy. EIA refers to the U.S.Energy Information Administration. FERC refers to the Federal Energy Regulatory Commission.