MH Elite Fund of Funds (MHEFX)

7.09
Net Asset Value
-1.80%
1 Day
-2.48%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
2.16%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation. The fund invests at least 80% of its total assets in 16 to 25 unaffiliated open-end mutual funds (underlying funds) which in turn, invest principally (i.e. at least 80% of their total assets) in common stocks of mid and large-capitalization companies. It currently considers mid cap companies to have a market capitalization of between $2.5 billion and $10 billion and considers large-cap companies to have a market capitalization greater than $10 billion. The fund will invest in institutional or adviser share classes to help reduce the costs associated with investing in the underlying funds.

Performance

1 month-0.14% 3 years+13.56%
3 months+4.49% 5 years+13.76%
1 year+14.65% Since inception+5.92%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+13.76%+17.47%
Expense ratio2.16%1.16%
Risk 5 year sharpe ratio1.101.23
Net assets$10.4M$3.4B
Average market cap$22.7B$100.3B
Average P/E17.718.2
Portfolio turnover17%17%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 10 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

U.S. stock79.78%
Fixed income14.50%
International stock5.08%
Other0.42%
Cash0.23%
Top 5 Sectors
Portfolio weighting
Financial service 14.39%
Industrial materials 13.47%
Healthcare 12.35%
Energy 10.93%
Consumer goods 10.49%
Top 10 Holdings
Portfolio weighting
PXTIX PIMCO Fundamental IndexPLUS AR Inst5.59%
TRVLX T. Rowe Price Value5.54%
POGRX PRIMECAP Odyssey Growth5.39%
VASVX Vanguard Selected Value Inv5.13%
CHTTX ASTON/Fairpointe Mid Cap N5.11%
OARLX Oakmark Select II5.06%
RYZAX Rydex S&P 500 Pure Value H5.05%
-- ING Corporate Leaders Trust Series B4.88%
FAIRX Fairholme4.87%
AKRIX Akre Focus Instl4.60%

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