MH Elite Select Portfolio of Funds
Name
As of 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.0%
1 yr return
10.0%
3 Yr Avg Return
-4.3%
5 Yr Avg Return
2.5%
Net Assets
$7.65 M
Holdings in Top 10
72.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.20%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MHESX - Profile
Distributions
- YTD Total Return 4.0%
- 3 Yr Annualized Total Return -4.3%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.08%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMH Elite Select Portfolio of Funds
-
Fund Family NameMH Elite
-
Inception DateApr 28, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHarvey Merson
Fund Description
MH Elite Select Portfolio of Funds seeks to achieve its investment objective by investing at least 80% of its total assets in 15 to 25 unaffiliated open-end mutual funds (underlying funds). The underlying funds will represent a diversified mix of asset classes that may have a low correlation to the U.S. stock market including funds that invest in foreign developed markets, emerging markets, natural resources, precious metals and real estate. Natural resources portfolios focus on commodity based industries such as energy (e.g. oil, natural gas and nuclear), wind, water, solar chemicals, minerals (e.g. coal) and forest products in the U.S. or outside the U.S. Precious metals portfolios focus on mining stocks that are engaged in the exploration, mining, development and distribution of metals and minerals such as gold, silver, platinum, diamonds, copper and nickel. Underlying funds that invest in real estate will own real estate companies, businesses supplying services to the real estate market and REITS, real estate investment trusts that own and operate real estate properties. In addition, the Fund may invest in long/short and/or short only funds. An underlying fund may also use derivatives such as options and futures contracts as a substitute for investing directly in equity securities.
Underlying funds will be purchased at their net asset value without sales charges, upfront or deferred, and have a maximum limit on 12b-1 fees of .25%. Whenever possible, the Fund will invest in institutional or adviser share classes to help reduce the costs associated with investing in the underlying funds. The Fund has no restrictions on fund styles or on the average market capitalization of the underlying funds. There are also no geographic limits on the Fund’s non-U.S. investments. Under normal conditions, the Fund will invest at least 50% of its total assets in underlying funds that invest in non-U.S. companies.
The Fund may sell an underlying fund if the Adviser believes it no longer contributes to the attainment of the Fund’s investment objective. Factors that could contribute to an underlying fund being sold include disappointing performance, portfolio overlap or concentration that impacts the Fund’s diversification, a change in the underlying fund’s portfolio manager or a reweighting of asset classes by the Fund’s Adviser.
MHESX - Performance
Return Ranking - Trailing
Period | MHESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.0% | -23.7% | 16.4% | 100.00% |
1 Yr | 10.0% | -8.9% | 48.3% | 99.36% |
3 Yr | -4.3%* | -2.2% | 16.4% | 68.37% |
5 Yr | 2.5%* | -0.7% | 13.4% | 83.88% |
10 Yr | 3.0%* | 0.9% | 11.8% | 83.57% |
* Annualized
Return Ranking - Calendar
Period | MHESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.3% | -40.8% | 20.6% | 58.98% |
2022 | -29.6% | -21.0% | 24.5% | 3.87% |
2021 | 1.7% | -24.2% | 27.8% | 8.18% |
2020 | 13.8% | -23.1% | 11.7% | 90.30% |
2019 | 17.8% | -100.0% | 20.6% | 2.72% |
Total Return Ranking - Trailing
Period | MHESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.0% | -23.7% | 16.4% | 100.00% |
1 Yr | 10.0% | -12.8% | 48.3% | 97.88% |
3 Yr | -4.3%* | -3.4% | 16.4% | 62.23% |
5 Yr | 2.5%* | -1.1% | 13.4% | 80.32% |
10 Yr | 3.0%* | 0.9% | 11.8% | 82.60% |
* Annualized
Total Return Ranking - Calendar
Period | MHESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.5% | -40.8% | 20.6% | 58.98% |
2022 | -26.2% | -21.0% | 24.5% | 3.87% |
2021 | 6.6% | -24.2% | 27.8% | 3.50% |
2020 | 20.2% | -23.1% | 11.7% | 92.80% |
2019 | 20.2% | -2.9% | 23.1% | 1.63% |
NAV & Total Return History
MHESX - Holdings
Concentration Analysis
MHESX | Category Low | Category High | MHESX % Rank | |
---|---|---|---|---|
Net Assets | 7.65 M | 1.12 M | 110 B | 98.27% |
Number of Holdings | 15 | 2 | 10961 | 89.35% |
Net Assets in Top 10 | 5.75 M | -31.7 M | 22 B | 92.28% |
Weighting of Top 10 | 72.38% | 10.8% | 100.0% | 26.39% |
Top 10 Holdings
- WCM Focused International Growth Class I 8.37%
- Matthews Emerging Markets Small Companies Class I 8.24%
- Driehaus Emerging Markets Small Cap Growth 8.15%
- Thornburg Global Opportunities Class I 7.80%
- GQG Partners Emerging Markets Equity Class I 7.70%
- Schwab Fundamental International Large Company Index 6.61%
- Vanguard Industrials Index Adm Class 6.53%
- State Street Hedged Intl Developed Equity Index Class K 6.52%
- Goldman Sachs GQGPartners International Opps Class Inv 6.35%
- Vanguard Materials Index Adm Class 6.11%
Asset Allocation
Weighting | Return Low | Return High | MHESX % Rank | |
---|---|---|---|---|
Stocks | 93.79% | -45.72% | 98.42% | 7.10% |
Cash | 6.21% | -97.12% | 185.58% | 21.29% |
Convertible Bonds | 0.24% | 0.00% | 25.49% | 54.49% |
Preferred Stocks | 0.00% | -0.03% | 14.00% | 68.89% |
Other | 0.00% | -1.25% | 197.12% | 49.69% |
Bonds | 0.00% | -39.76% | 93.84% | 91.02% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MHESX % Rank | |
---|---|---|---|---|
Technology | 16.95% | 0.00% | 39.48% | 37.79% |
Industrials | 16.75% | 0.09% | 32.39% | 5.52% |
Real Estate | 14.38% | 0.00% | 90.14% | 20.38% |
Consumer Cyclical | 11.07% | 0.00% | 20.84% | 34.18% |
Healthcare | 10.25% | 0.00% | 30.30% | 54.78% |
Basic Materials | 10.19% | 0.00% | 60.23% | 18.90% |
Financial Services | 7.94% | 0.00% | 30.34% | 81.53% |
Consumer Defense | 5.99% | 0.00% | 31.85% | 56.69% |
Communication Services | 3.98% | 0.00% | 28.59% | 74.31% |
Utilities | 1.50% | 0.00% | 40.29% | 85.14% |
Energy | 0.99% | 0.00% | 38.61% | 97.88% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MHESX % Rank | |
---|---|---|---|---|
US | 93.79% | -4.82% | 95.75% | 69.73% |
Non US | 0.00% | -46.69% | 57.06% | 3.34% |
MHESX - Expenses
Operational Fees
MHESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.04% | 0.16% | 2.71% | 3.13% |
Management Fee | 1.00% | 0.00% | 1.70% | 95.29% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.01% | 0.70% | 86.84% |
Sales Fees
MHESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MHESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MHESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.20% | 0.00% | 441.00% | 5.98% |
MHESX - Distributions
Dividend Yield Analysis
MHESX | Category Low | Category High | MHESX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.75% | 0.00% | 10.92% | 29.94% |
Dividend Distribution Analysis
MHESX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
MHESX | Category Low | Category High | MHESX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.08% | -5.20% | 6.33% | 91.94% |
Capital Gain Distribution Analysis
MHESX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 10, 2024 | $0.043 | OrdinaryDividend |
Jan 11, 2023 | $0.011 | OrdinaryDividend |
Jan 11, 2022 | $0.052 | CapitalGainShortTerm |
Jan 11, 2022 | $0.267 | CapitalGainLongTerm |
Jan 08, 2021 | $0.321 | CapitalGainLongTerm |
Jan 09, 2020 | $0.060 | OrdinaryDividend |
Jan 09, 2020 | $0.008 | CapitalGainShortTerm |
Jan 09, 2020 | $0.260 | CapitalGainLongTerm |
Jan 09, 2019 | $0.092 | CapitalGainLongTerm |
Jan 09, 2019 | $0.013 | OrdinaryDividend |
Jan 09, 2018 | $0.023 | CapitalGainShortTerm |
Jan 09, 2018 | $0.090 | CapitalGainLongTerm |
Jan 09, 2018 | $0.039 | OrdinaryDividend |
Jan 11, 2017 | $0.151 | CapitalGainLongTerm |
Jan 08, 2016 | $0.167 | OrdinaryDividend |
Jan 12, 2015 | $0.124 | CapitalGainLongTerm |
Jan 12, 2015 | $0.023 | OrdinaryDividend |
Jan 02, 2009 | $0.004 | OrdinaryDividend |
Jan 02, 2008 | $0.021 | OrdinaryDividend |
MHESX - Fund Manager Analysis
Managers
Harvey Merson
Start Date
Tenure
Tenure Rank
Apr 06, 2006
16.16
16.2%
Mr. Harvey Merson is the co-owner and Officer of MH Investment Management, Inc. Mr. Merson is a graduate of Rider College with a Bachelor of Science degree in Business Administration. He is also registered with the U. S. Securities and Exchange Commission as a Registered Investment Adviser. Mr. Merson has been assisting individuals with the purchasing, monitoring, and sale of mutual funds for the last 33 years. Refer to the Statement of Additional Information (SAI) for additional information about the Portfolio Manager’s compensation, other accounts managed by the Portfolio Manager and the Portfolio Manager’s ownership of securities in the Fund(s). Mr. Merson also serves as the Chief Compliance Officer, President and Secretary of MH Elite Portfolio of Funds Trust.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |