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GMG Defensive Beta Fund (MPDAX)

10.49
Net Asset Value
-0.19%
1 Day
-2.42%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
2.42%
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-0.19% 3 years+1.10%
3 months+1.45% 5 years+2.38%
1 year-8.02% Since inception+3.84%
Data through --

Peer Comparisonvs. Large blend

 MPDAXCategory
Performance 5-yr return+2.38%+9.61%
Expense ratio2.42%1.05%
Risk 5 year sharpe ratio0.220.75
Net assets$20.8M$3.9B
Average market cap$49.0B$94.7B
Average P/E20.118.4
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyGMG
Fund manager & tenureWilliam Krivicich / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock64.49%
Cash22.29%
Fixed income8.51%
International stock4.47%
Other0.48%
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
-- 22.01%
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