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GMG Defensive Beta Fund (MPDAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month0.00% 3 years-0.04%
3 months-2.34% 5 years+4.55%
1 year-3.71% Since inception+3.53%
Data through --

Peer Comparisonvs. Multialternative

Performance 5-yr return+4.55%+3.37%
Expense ratio2.42%1.89%
Risk 5 year sharpe ratio0.650.66
Net assets$19.8M$431.7M
Average market cap$78.8B$19.1B
Average P/E20.619.5
Portfolio turnover53%53%

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Fund Management and Purchase Info

Fund familyGMG
Fund manager & tenureWilliam Krivicich / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock53.94%
Fixed income41.77%
International stock0.00%
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
-- 22.27%
-- 14.66%
SHY iShares 1-3 Year Treasury Bond ETF10.30%
-- 9.76%
VNQ Vanguard REIT Index Fund ETF Shares5.00%
CSJ iShares 1-3 Year Credit Bond ETF4.00%
-- 3.47%
DLTR Dollar Tree Inc2.72%
VZ Verizon2.60%
CSCO Cisco2.54%

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