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MH Elite Fund of Funds (MHEFX)

6.29
Net Asset Value
-0.16%
1 Day
-14.54%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
2.10%
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+0.39% 3 years+14.08%
3 months-0.90% 5 years+11.78%
1 year+4.63% Since inception+5.59%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+11.78%+15.84%
Expense ratio2.10%1.10%
Risk 5 year sharpe ratio1.041.23
Net assets$10.4M$3.8B
Average market cap$22.9B$102.0B
Average P/E17.918.1
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. stock87.26%
Cash6.84%
International stock4.63%
Fixed income2.33%
Other0.63%
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 Fund6.65%
GTLOX Glenmede Large Cap Core Portfolio6.29%
LMPFX ClearBridge Aggressive Growth Fund Class FI6.29%
OARLX Oakmark Select Fund Class II6.05%
PXTIX PIMCO RAE Fundamental PLUS Fund Institutional Class5.86%
TRVLX T. Rowe Price Value Fund5.29%
NICSX Nicholas Fund5.13%
AKRIX Akre Focus Fund Institutional Class5.01%
VASVX Vanguard Selected Value Fund Investor Shares4.94%
RYZAX Rydex S&P 500 Pure Value Fund Class H4.90%