MH Elite Fund of Funds (MHEFX)

7.02
Net Asset Value
-0.71%
1 Day
-3.44%
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-3.84% 3 years+15.77%
3 months-3.84% 5 years+10.50%
1 year+5.15% Since inception+5.89%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+10.50%+14.10%
Expense ratio2.16%1.14%
Risk 5 year sharpe ratio0.921.07
Net assets$10.7M$3.7B
Average market cap$24.5B$103.5B
Average P/E18.117.6
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. stock83.17%
Fixed income17.35%
International stock3.90%
Other0.33%
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 Growth5.66%
PXTIX PIMCO Fundamental IndexPLUS AR Inst5.63%
TRVLX T. Rowe Price Value5.61%
OARLX Oakmark Select II5.15%
GTLOX Glenmede Large Cap Core Port5.15%
LMPFX ClearBridge Aggressive Growth FI5.10%
VASVX Vanguard Selected Value Inv4.94%
LEXCX Voya Corporate Leaders Trust B4.94%
RYZAX Rydex S&P 500 Pure Value H4.84%
AKRIX Akre Focus Instl4.78%

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