MH Elite Fund of Funds (MHEFX)

6.43
Net Asset Value
+0.78%
1 Day
-12.64%
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+0.16% 3 years+14.21%
3 months+6.46% 5 years+10.24%
1 year+10.06% Since inception+5.79%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+10.24%+12.97%
Expense ratio2.16%1.13%
Risk 5 year sharpe ratio0.810.97
Net assets$10.7M$3.8B
Average market cap$23.3B$104.1B
Average P/E17.617.5
Portfolio turnover39%39%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 11 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

U.S. stock83.82%
Fixed income12.35%
International stock4.27%
Other0.39%
Cash0.00%
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
POGRX PRIMECAP Odyssey Growth Fund6.43%
GTLOX Glenmede Large Cap Core Portfolio6.17%
LMPFX ClearBridge Aggressive Growth Fund Class FI6.12%
OARLX Oakmark Select Fund Class II5.88%
PXTIX PIMCO RAE Fundamental PLUS Fund Institutional Class5.76%
TRVLX T. Rowe Price Value Fund5.12%
NICSX Nicholas Fund5.06%
LEXCX Voya Corporate Leaders Trust Fund Series B4.79%
RYZAX Rydex S&P 500 Pure Value Fund Class H4.78%
AKRIX Akre Focus Fund Institutional Class4.76%

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