GMG Defensive Beta (MPDAX)

13.41
Net Asset Value
-0.37%
1 Day
-1.40%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.92%
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-1.90% 3 years+7.22%
3 months+0.23% 5 years+6.51%
1 year+4.75% Since inception+6.19%
Data through --

Peer Comparisonvs. Large blend

 MPDAXCategory
Performance 5-yr return+6.51%+13.88%
Expense ratio1.92%1.13%
Risk 5 year sharpe ratio0.601.03
Net assets$28.9M$3.7B
Average market cap$59.3B$100.3B
Average P/E18.516.9
Portfolio turnover24%24%

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 / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock92.74%
International stock4.56%
Cash2.03%
Fixed income0.67%
Other0.01%
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 Spc12.43%
AAPL Apple Inc3.54%
V Visa Inc Class A3.39%
CVS CVS Health Corp3.31%
ESRX Express Scripts3.05%
CSX CSX Corp2.80%
BA Boeing Co2.46%
ABBV AbbVie Inc2.32%
MRK Merck & Co Inc2.16%
URI United Rentals Inc2.16%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.