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GMG Defensive Beta Fund (MPDAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide 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.


1 month-0.18% 3 years-2.42%
3 months-0.38% 5 years+2.98%
1 year+0.12% Since inception+3.19%
Data through --

Peer Comparisonvs. Multialternative

Performance 5-yr return+2.98%+2.69%
Expense ratio2.41%1.84%
Risk 5 year sharpe ratio0.260.60
Net assets$15.6M$423.9M
Average market cap$98.9B$28.8B
Average P/E20.120.1
Portfolio turnover53%53%

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Fund Management and Purchase Info

Fund familyGMG
Fund manager & tenureWilliam Krivicich / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


Fixed income50.44%
U.S. stock47.62%
International stock0.00%
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
-- 19.39%
-- 17.37%
SHY iShares 1-3 Year Treasury Bond ETF12.51%
-- 11.69%
VNQ Vanguard REIT Index Fund ETF Shares5.46%
CSJ iShares 1-3 Year Credit Bond ETF4.85%
-- 4.04%
AAPL Apple3.35%
GOOGL Google3.15%
V Visa3.04%