GMG Defensive Beta (MPDAX)

13.80
Net Asset Value
-0.07%
1 Day
+1.47%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.92%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation with less volatility than broader equity markets. The fund's adviser, Montebello Partners, LLC, seeks to achieve long-term capital appreciation with less volatility than the broader equity markets by investing long or short across a broad array of traditional and alternative asset classes of U.S. and foreign issuers using its proprietary "Alpha" and "Beta" strategies. It may invest up to 25% of its total assets in a wholly-owned and controlled subsidiary (the "Subsidiary"), which has the same investment objective as the fund. The fund will use leverage to enhance returns.

Performance

1 month+2.00% 3 years+6.87%
3 months-1.04% 5 years+6.97%
1 year+5.18% Since inception+5.82%
Data through --

Peer Comparisonvs. Large blend

 MPDAXCategory
Performance 5-yr return+6.97%+13.88%
Expense ratio1.92%1.13%
Risk 5 year sharpe ratio0.601.04
Net assets$27.5M$3.7B
Average market cap$59.3B$99.2B
Average P/E18.516.8
Portfolio turnover24%24%

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Fund Management and Purchase Info

Fund familyGMG
Fund manager & tenureWilliam Krivicich / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock92.74%
International stock4.56%
Cash2.03%
Fixed income0.67%
Other0.01%
Top 5 Sectors
Portfolio weighting
Industrial materials 13.59%
Consumer goods 13.09%
Healthcare 11.52%
Telecommunication 11.29%
Financial service 11.21%
Top 10 Holdings
Portfolio weighting
-- 12.43%
AAPL Apple3.54%
V Visa3.39%
CVS CVS Caremark3.31%
ESRX Express Scripts Holding Co3.05%
CSX CSX Corp2.80%
BA Boeing2.46%
ABBV AbbVie2.32%
MRK Merck2.16%
URI United Rentals Inc2.16%

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