Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

GMG Defensive Beta (MPDAX)

10.20
Net Asset Value
-0.68%
1 Day
-5.12%
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-4.58% 3 years+1.28%
3 months-6.97% 5 years+2.11%
1 year-9.43% Since inception+3.77%
Data through --

Peer Comparisonvs. Large blend

 MPDAXCategory
Performance 5-yr return+2.11%+10.75%
Expense ratio2.42%1.07%
Risk 5 year sharpe ratio0.300.75
Net assets$21.2M$3.5B
Average market cap$57.1B$97.8B
Average P/E20.618.5
Portfolio turnover67%67%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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. stock71.81%
Cash16.14%
International stock6.19%
Fixed income5.86%
Other0.16%
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
-- 23.01%
QAI IQ Hedge Multi-Strategy Tracker ETF4.89%
V Visa4.44%
WDTI WisdomTree Managed Futures Strategy Fund3.99%
AAPL Apple3.95%
VNQ Vanguard REIT Index Fund ETF Shares3.76%
CVS CVS Caremark3.47%
MNA IQ Merger Arbitrage ETF3.10%
RALS ProShares RAFI® Long/Short2.81%
SPY SPDR® S&P 500 ETF2.62%

Partner Offers