MH Elite Fund of Funds Fund (MHEFX)

6.86
Net Asset Value
-0.15%
1 Day
-0.87%
Year-to-Date
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
1.84%
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 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.

Performance

1 month0.00% 3 years+7.35%
3 months-0.72% 5 years+8.75%
1 year+15.49% Since inception+6.07%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MHEFXCategory
Performance 5-yr return+8.75%+9.40%
Expense ratio1.84%1.31%
Risk 5 year sharpe ratio0.890.91
Net assets$12.8M$1.0B
Average market cap$45.4B$45.5B
Average P/E20.617.5
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 14 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

U.S. stock80.40%
Fixed income8.84%
Cash8.81%
International stock6.33%
Other0.07%
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 Fund7.47%
GTLOX Glenmede Quantitative U.S. Large Cap Core Equity Portfolio6.40%
AKRIX Akre Focus Fund Institutional Class6.36%
DSEEX DoubleLine Shiller Enhanced CAPE® Class I6.09%
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares5.95%
POSKX PRIMECAP Odyssey Stock Fund5.81%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares5.13%
PRGTX T. Rowe Price Global Technology Fund5.11%
PRDGX T. Rowe Price Dividend Growth Fund5.05%
PXTIX PIMCO RAE Fundamental PLUS Fund Institutional Class5.05%