GMG Defensive Beta (MPDAX)

13.50
Net Asset Value
-1.39%
1 Day
-0.74%
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-1.82% 3 years+7.04%
3 months-1.46% 5 years+8.29%
1 year-1.58% Since inception+6.03%
Data through --

Peer Comparisonvs. Large blend

 MPDAXCategory
Performance 5-yr return+8.29%+12.97%
Expense ratio1.92%1.10%
Risk 5 year sharpe ratio0.611.16
Net assets$26.9M$3.9B
Average market cap$59.6B$104.9B
Average P/E18.218.4
Portfolio turnover24%24%

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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$1,000.00

Holdings

U.S. stock64.96%
Cash31.00%
International stock3.44%
Fixed income0.60%
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
-- 23.52%
AAPL Apple3.35%
V Visa3.16%
CVS CVS Caremark2.98%
CSX CSX Corp2.80%
ABBV AbbVie2.36%
DLTR Dollar Tree Inc2.16%
UTX United Technologies2.09%
ESRX Express Scripts Holding Co2.06%
FL Foot Locker Inc2.05%

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