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MH Elite Fund of Funds Fund (MHEFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation. The fund invests at least 80% of its total assets in 12 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.


1 month+2.69% 3 years+8.80%
3 months+6.01% 5 years+11.80%
1 year+18.13% Since inception+6.24%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

Performance 5-yr return+11.80%+10.73%
Expense ratio1.85%1.32%
Risk 5 year sharpe ratio1.191.17
Net assets$12.6M$1.1B
Average market cap$45.1B$42.2B
Average P/E22.319.4
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 13 Years
Minimal initial investment$10,000.00
Minimum IRA investment--


U.S. stock79.00%
Fixed income13.24%
International stock5.52%
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 Fund7.15%
GTLOX Glenmede Large Cap Core Portfolio6.73%
AKRIX Akre Focus Fund Institutional Class6.26%
DSEEX DoubleLine Shiller Enhanced CAPE® Class I6.00%
PRGTX T. Rowe Price Global Technology Fund5.81%
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares5.60%
POSKX PRIMECAP Odyssey Stock Fund5.39%
PXTIX PIMCO RAE Fundamental PLUS Fund Institutional Class5.31%
PRDGX T. Rowe Price Dividend Growth Fund5.21%
LSVEX LSV Value Equity Fund5.20%