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MH Elite Small Capital Fund of Funds (MHELX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month-1.36% 3 years+1.34%
3 months0.00% 5 years+9.98%
1 year+4.19% Since inception+7.56%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

Performance 5-yr return+9.98%+11.91%
Expense ratio2.08%1.37%
Risk 5 year sharpe ratio0.921.05
Net assets$6.0M$973.2M
Average market cap$2.2B$23.4B
Average P/E21.218.4
Portfolio turnover33%33%

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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--


U.S. stock82.18%
Fixed income3.08%
International stock1.80%
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 Advisor8.14%
FSCRX Fidelity® Small Cap Discovery Fund7.45%
VSIAX Vanguard Small Cap Value Index Fund Admiral Shares7.45%
WHGSX Westwood SmallCap Value Fund Institutional Class7.03%
PSCSX PIMCO StocksPLUS® Small Fund Institutional Class6.99%
FSCCX Nuveen Small Cap Value Fund Class I6.66%
FOSCX Tributary Small Company Fund Institutional Class5.76%
MSCFX Mairs & Power Small Cap Fund5.72%
FCPVX Fidelity® Small Cap Value Fund5.62%
PRNHX T. Rowe Price New Horizons Fund5.43%