MH Elite Fund of Funds (MHEFX)

6.38
Net Asset Value
-0.31%
1 Day
-13.32%
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+4.08% 3 years+13.91%
3 months+1.27% 5 years+11.95%
1 year+7.80% Since inception+5.43%
Data through --

Peer Comparisonvs. Large blend

 MHEFXCategory
Performance 5-yr return+11.95%+13.88%
Expense ratio2.16%1.13%
Risk 5 year sharpe ratio0.861.04
Net assets$10.2M$3.7B
Average market cap$23.6B$99.2B
Average P/E17.716.8
Portfolio turnover17%17%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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. stock83.29%
Fixed income14.18%
International stock4.20%
Other0.37%
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 Fund6.25%
GTLOX Glenmede Large Cap Core Portfolio6.15%
LMPFX ClearBridge Aggressive Growth Fund Class FI6.08%
OARLX Oakmark Select Fund Class II5.95%
PXTIX PIMCO Fundamental IndexPLUS AR Fund Institutional Class5.85%
TRVLX T. Rowe Price Value Fund5.12%
LEXCX Voya Corporate Leaders Trust Fund Series B4.98%
NICSX Nicholas Fund4.96%
RYZAX Rydex S&P 500 Pure Value Fund Class H4.80%
VASVX Vanguard Selected Value Fund Investor Shares4.75%

To view my watchlist

Not a member yet?

Sign up now for a free account