GMG Defensive Beta (MPDAX)

13.71
Net Asset Value
-0.29%
1 Day
+3.01%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
2.04%
Expense Ratio
High
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-0.87% 3 years+9.48%
3 months-0.65% 5 years+6.64%
1 year+8.33% Since inception+6.98%
Data through --

Peer Comparisonvs. Multialternative

 MPDAXCategory
Performance 5-yr return+6.64%+5.16%
Expense ratio2.04%2.07%
Risk 5 year sharpe ratio0.660.72
Net assets$30.3M$364.7M
Average market cap$61.0B$25.5B
Average P/E18.718.4
Portfolio turnover14%14%

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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--

Holdings

U.S. stock75.28%
International stock17.97%
Cash5.22%
Fixed income1.52%
Other0.00%
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
-- Gmg Fund Limited Spc13.23%
V Visa Inc Class A2.97%
CVS CVS Caremark Corp2.93%
AAPL Apple Inc2.89%
ESRX Express Scripts2.76%
BA Boeing Co2.66%
CSX CSX Corp2.31%
MRK Merck & Co Inc2.28%
TUP Tupperware Brands Corp2.23%
XOM Exxon Mobil Corporation2.20%

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