MH Elite Fund of Funds (MHEFX)

6.27
Net Asset Value
+0.16%
1 Day
-14.81%
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-1.72% 3 years+12.36%
3 months-0.61% 5 years+10.51%
1 year+7.64% Since inception+5.94%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+10.51%+13.88%
Expense ratio2.16%1.14%
Risk 5 year sharpe ratio0.901.07
Net assets$10.9M$3.9B
Average market cap$23.5B$102.1B
Average P/E17.618.1
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. stock83.07%
Fixed income13.98%
International stock4.38%
Other0.38%
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 Fund6.33%
GTLOX Glenmede Large Cap Core Portfolio6.11%
LMPFX ClearBridge Aggressive Growth Fund Class FI6.11%
OARLX Oakmark Select Fund Class II5.89%
PXTIX PIMCO Fundamental IndexPLUS AR Fund Institutional Class5.85%
TRVLX T. Rowe Price Value Fund5.06%
NICSX Nicholas Fund4.98%
LEXCX Voya Corporate Leaders Trust Fund Series B4.87%
RYZAX Rydex S&P 500 Pure Value Fund Class H4.79%
AKRIX Akre Focus Fund Institutional Class4.73%

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