MH Elite Small Capital Fund of Funds (MHELX)

7.82
Net Asset Value
-0.13%
1 Day
+2.89%
Year-to-Date
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
1.99%
Expense Ratio
High
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 small and micro-capitalization companies. The adviser currently considers small capitalization companies to be those with market capitalization of $2 billion or less and considers micro-capitalization companies to be those with market capitalization of $500 million or less.

Performance

1 month+3.85% 3 years+7.21%
3 months+3.99% 5 years+8.85%
1 year+15.19% Since inception+7.99%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MHELXCategory
Performance 5-yr return+8.85%+9.40%
Expense ratio1.99%1.31%
Risk 5 year sharpe ratio0.720.91
Net assets$7.0M$1.0B
Average market cap$3.1B$45.5B
Average P/E20.517.5
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 19 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

U.S. stock91.29%
Fixed income11.50%
International stock4.66%
Cash0.35%
Other0.08%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.32%
Financial service 15.71%
Business service 10.68%
Healthcare 10.18%
Energy 9.50%
Top 10 Holdings
Portfolio weighting
PXSGX Virtus KAR Small-Cap Growth Fund Class I9.18%
GTCSX Glenmede Small Cap Equity Portfolio Class Advisor8.78%
PSCSX PIMCO StocksPLUS® Small Fund Institutional Class8.29%
VSIAX Vanguard Small Cap Value Index Fund Admiral Shares8.24%
WHGSX Westwood SmallCap Fund Institutional Class7.12%
FSCCX Nuveen Small Cap Value Fund Class I7.08%
FSCRX Fidelity® Small Cap Discovery Fund6.55%
MSCFX Mairs & Power Small Cap Fund6.06%
PRNHX T. Rowe Price New Horizons Fund5.99%
FOSCX Tributary Small Company Fund Institutional Class5.83%