GMG Defensive Beta (MPDAX)

13.29
Net Asset Value
+0.68%
1 Day
-0.15%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
2.04%
Expense Ratio
High
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-0.38% 3 years+5.19%
3 months-0.90% 5 years--
1 year+11.25% Since inception+6.67%
Data through --

Peer Comparisonvs. Multialternative

 MPDAXCategory
Performance 5-yr return--+6.88%
Expense ratio2.04%2.01%
Risk 5 year sharpe ratio--0.93
Net assets$28.1M$331.7M
Average market cap$66.1B$24.3B
Average P/E18.417.1
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyGMG
Fund manager & tenureWilliam Krivicich / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock77.27%
International stock18.70%
Cash2.29%
Fixed income1.75%
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
-- Gmg Fund Limited Spc14.08%
GOOGL Google Inc Class A3.63%
V Visa, Inc. Class A3.44%
ESRX Express Scripts3.36%
CVS CVS Caremark Corp2.96%
AMZN Amazon.com Inc2.86%
BA Boeing Co2.78%
AAPL Apple Inc2.76%
CSX CSX Corp2.48%
MRK Merck & Co Inc2.32%

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