NOVATO,
Calif., June 7, 2023 /PRNewswire/ -- Hennessy
Funds Trust today announced that Doug
Franklin has been named to its Board of Trustees for the
Hennessy Funds. Mr. Franklin has been a member of the Hennessy
Funds Trust advisory committee for over seven years. During his
time on the advisory committee, he has gained a thorough
understanding of the fund industry, as well as unique insight into
the challenges and opportunities being faced by the industry as a
whole and by Hennessy Funds specifically.
"Adding Doug as a trustee of Hennessy Funds Trust is a logical
next step given his years of guidance from his role on the advisory
committee," said Neil Hennessy,
Chairman of the Board and the President of Hennessy Funds. "He has
shared his knowledge and keen sense of logic as an advisory member,
and we're excited to add him to the Trust in a more official
capacity as our newest independent trustee. We believe he will
continue to bring valuable insight for the benefit of our funds'
shareholders," Mr. Hennessy added.
Mr. Franklin was employed by the Allianz-Fireman's Fund for 28
years, where he rose through the company to senior leadership,
including positions as Chief Actuary and Chief Risk Officer before
retiring in 2015. His considerable leadership experience and
ability to grasp complex issues makes him a valuable resource as a
trustee.
Mr. Franklin joins the Board of Trustees as the sixth trustee
and fifth independent trustee, and will serve Hennessy Funds
shareholders alongside Neil
Hennessy, Dennis DeSousa, Bob
Doyle, Claire Garvie, and
Gerald Richardson. The advisory
committee now comprises Brian
Alexander and A.J. Hennessy.
About Hennessy Funds
Hennessy Funds offers a wide
range of domestic equity, multi–asset, and sector and specialty
funds. Hennessy is committed to superior service to shareholders
and to its consistent and repeatable investment process, combining
time-tested stock selection strategies with a highly disciplined,
team-managed approach.
Investors should consider the investment objectives, risks,
charges, and expenses carefully before investing. This and other
important information can be found in the Funds' summary and
statutory prospectuses. To obtain a free prospectus, please visit
hennessyfunds.com or call 800.966.4354. Please read the prospectus
carefully before investing.
Mutual fund investing involves risk. Principal loss is
possible.
The Hennessy Funds are distributed by Quasar Distributors, LLC,
Distributor.
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SOURCE Hennessy Advisors, Inc.