Community Corner

Novato Investment Firm Grabs Top Honors

Hennessy Funds earlier this month won the 2021 Refinitiv Lipper Fund Award (U.S.) for best-in-category performance for the five-year period.

The fund was selected the from a pool of 22.
The fund was selected the from a pool of 22. (Courtesy of Tim Lee)

NOVATO, CA — A Novato-based investment firm has been captured a prestigious award.

A Novato-based investment firm has been captured a prestigious award.

Hennessy Funds earlier this month won the 2021 Refinitiv Lipper Fund Award (U.S.) for best-in-category performance for the five-year period that concluded Nov. 30.

Find out what's happening in Novatofor free with the latest updates from Patch.

The fund was selected the from a pool of 22.

"We are honored to receive this recognition from this prestigious organization, and we are pleased to have delivered strong results for our Fund shareholders," Fund Manager Dave Ellison said in a statement.

Find out what's happening in Novatofor free with the latest updates from Patch.

"We will continue to look for opportunities among faster-growing fintech companies and those financial services companies embracing technology, which make up a significant portion of the current portfolio, to drive Fund performance.

“We will also remain flexible and carefully evaluate opportunities for traditional banks as the U.S. economic recovery picks up steam."

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Novato