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MH Elite Small Capital Fund of Funds (MHELX)

6.76
Net Asset Value
-2.17%
1 Day
-5.19%
Year-to-Date
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
2.08%
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 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 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-3.57% 3 years+2.15%
3 months-1.00% 5 years+8.58%
1 year+17.18% Since inception+7.91%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MHELXCategory
Performance 5-yr return+8.58%+10.34%
Expense ratio2.08%1.36%
Risk 5 year sharpe ratio0.760.92
Net assets$6.4M$1.2B
Average market cap$2.4B$38.9B
Average P/E22.320.2
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyMH Elite
Fund manager & tenureHarvey Merson / 18 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

U.S. stock86.91%
Cash7.53%
Fixed income3.46%
International stock2.10%
Other0.00%
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
GTCSX Glenmede Small Cap Equity Portfolio Class Advisor8.60%
VSIAX Vanguard Small Cap Value Index Fund Admiral Shares7.89%
FSCRX Fidelity® Small Cap Discovery Fund7.73%
FSCCX Nuveen Small Cap Value Fund Class I7.67%
WHGSX Westwood SmallCap Fund Institutional Class7.43%
PSCSX PIMCO StocksPLUS® Small Fund Institutional Class7.31%
MSCFX Mairs & Power Small Cap Fund6.72%
PXSGX Virtus Small-Cap Sustainable Growth Fund Class Institutional6.54%
FOSCX Tributary Small Company Fund Institutional Class6.43%
FCPVX Fidelity® Small Cap Value Fund5.84%