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GMG Defensive Beta Fund (MPDAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large blend
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 month-0.48% 3 years+1.91%
3 months-0.38% 5 years+2.88%
1 year-7.52% Since inception+3.80%
Data through --

Peer Comparisonvs. Large blend

Performance 5-yr return+2.88%+9.61%
Expense ratio2.42%1.05%
Risk 5 year sharpe ratio0.250.79
Net assets$20.6M$3.9B
Average market cap$49.0B$99.6B
Average P/E20.119.2
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


U.S. stock64.49%
Fixed income8.51%
International stock4.47%
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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SPY SPDR® S&P 500 ETF3.67%
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