Fund Overviews
MH Elite Portfolio of Funds Trust offers four no-load mutual funds designed to give investors an easy and efficient way to invest in the stock and bond markets. By implementing the fund of funds concept, our Funds provide the instant diversification and asset allocation you would need to design a well balanced portfolio. Unlike the majority of fund of funds, with their assets diversified across many different asset classes, MH Elite Funds are unique in that each portfolio will focus on specific asset classes.
MH Elite Small Cap Fund of Funds
MH Elite Small Cap Fund of Funds will emphasize funds that invest in companies whose median capitalization is less than 2.5 billion, at the time of initial purchase, commonly referred to as small and/or micro-cap funds.
Fund Data |
Net Asset ValueAs of October 11, 2024 |
2023 Distributions(Per Share) |
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| Ticker Symbol | MHELX | Share Price | $8.80 | Record Date | 1/09/2024 |
| CUSIP | 55302C102 | Change | + $0.15 | Ex-Date | 1/10/2024 |
| Minimum Investment | $10,000 | Payable Date | 1/10/2024 | ||
| Subsequent Investment | $1,000 | Dividends | $0.000000 | ||
| Sales Charge | None | ST Capital Gain | $0.000000 | ||
| Redemption Fee | None | LT Capital Gain | $0.190476 | ||
| Expense Ratio | 1.25% | ||||
Investment Strategy
This Fund seeks to achieve its investment objective of long term capital appreciation by investing at least 80% of its total assets in 12 to 25 unaffiliated open-end mutual funds (underlying funds) which, in turn, invest principally in common stocks of primarily U.S. based small and micro-cap companies. The Fund will generally invest in a mix of fund styles identified as value, blend and growth oriented funds. While small company stocks are subject to greater volatility than stocks found in other asset classes, MH Elite Small Cap Fund of Funds provides the small and micro-cap investor the opportunity to reduce the risks associated with investing in a single fund or investment style. Harvey Merson has managed the Fund since its inception in 1998. |
Fund Performance
As of June 30, 2024
| Year to Date | 1 Year | 3 Year | 5 Years | 10 Years | Since Inception (9/1/1998) |
| 5.4% | 11.6% | -1.4% | 7.1% | 5.6% | 7.7% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
MH Elite Fund of Funds
MH Elite Fund of Funds focuses on funds that invest in companies whose median market capitalization is greater than 2.5 billion, at the time of initial purchase, commonly referred to as mid and large cap funds.
Fund Data |
Net Asset ValueAs of October 11, 2024 |
2023 Distributions(Per Share) |
|||
| Ticker Symbol | MHEFX | Share Price | $9.20 | Record Date | 1/09/2024 |
| CUSIP | 55302C201 | Change | + $0.07 | Ex-Date | 1/10/2024 |
| Minimum Investment | $10,000 | Payable Date | 1/10/2024 | ||
| Subsequent Investment | $1,000 | Dividend | $0.000000 | ||
| Sales Charge | None | ST Capital Gain | $0.033352 | ||
| Redemption Fee | None | LT Capital Gain | $0.421768 | ||
| Expense Ratio | 1.25% | ||||
Investment StrategyThis Fund seeks to achieve its investment objective of long term capital apprec8ation by investing at least 80% of its total assets in 12 to 25 unaffiliated open-end mutual funds (underlying funds) which, in turn, invest principally in common stocks of primarily U.S. based mid and large capitalization companies. The Fund will generally invest in a mix of fund styles identified as value, blend and growth oriented funds. Recognizing that diversifying your investment(s) among the different asset classes is at the cornerstone of a well-designed investment plan, MH Elite Fund of Funds will generally invest approximately 70% of its assets in large cap funds and 30% of its assets in mid cap funds. Harvey Merson has managed the Fund since its inception in 2004. |
Fund Performance
As of June 30, 2024
| Year to Date | 1 Year | 3 Year | 5 Years | 10 Years | Since Inception (1/13/2004) |
| 11.5% | 19.5% | 3.5% | 10.3% | 8.3% | 7.1% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
MH Elite Select Portfolio of Funds
MH Elite Select Portfolio of Funds, with an emphasis of investing in Foreign and Emerging Markets, will provide investors the opportunity to invest in a broader mix of asset classes. The diversification of asset classes beyond the traditional U.S. equity markets as represented by MH Elite Small Cap Fund of Funds and MH Elite Fund of Funds may help to reduce a portfolio’s overall volatility.
Fund Data |
Net Asset ValueAs of October 11, 2024 |
2023 Distributions(Per Share) |
|||
| Ticker Symbol | MHESX | Share Price | $5.94 | Record Date | 1/09/2024 |
| CUSIP | 55302C300 | Change | + $0.03 | Ex-Date | 1/10/2024 |
| Minimum Investment | $10,000 | Payable Date | 1/10/2024 | ||
| Subsequent Investment | $1,000 | Dividend | $0.043054 | ||
| Sales Charge | None | ST Capital Gain | $0.000000 | ||
| Redemption Fee | None | LT Capital Gain | $0.008916 | ||
| Expense Ratio | 1.25% | ||||
Investment StrategyThis Fund seeks to achieve its investment objective of long term capital appreciation 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, real estate and commodities. The Fund has no restriction on fund styles or on the average market capitalization of the underlying funds. Harvey Merson has managed the Fund since its inception in 2006. |
Fund Performance
As of June 30, 2024
| Year to Date | 1 Year | 3 Year | 5 Years | 10 Years | Since Inception (4/1/2006) |
| 3.9% | 8.3% | -5.0% | 3.4 | 2.3% | 2.2% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
MH Elite Income Fund of Funds
MH Elite Income Fund of Funds will primarily Invest in a diversified mix of bond and income producing funds. The Fund will attempt to manage risk and market volatility by investing in a wide range of income funds to compliment our equity funds.
Fund Data |
Net Asset ValueAs of October 11, 2024 |
2023 Distributions(Per Share) |
|||
| Ticker Symbol | MHEIX | Share Price | $5.26 | Record Date | 1/09/2024 |
| CUSIP | 55302C409 | Change | + $0.01 | Ex-Date | 1/09/2024 |
| Minimum Investment | $10,000 | Payable Date | 1/10/2024 | ||
| Subsequent Investment | $1,000 | Dividend | |||
| Sales Charge | None | Qualified | $0.045497 | ||
| Redemption Fee | None | Non-Qualified | $0.129981 | ||
| Expense Ratio | 1.25% | ST Capital Gain | $0.000000 | ||
| LT Capital Gain | $0.000000 | ||||
Investment StrategyThis Fund seeks to achieve its investment objective of generating income and long term cap appreciation by investing at least 80% of its total assets in 15 to 25 unaffiliated open-end mutual funds (underlying funds) with an emphasis towards income and /or total return. The Fund will attempt to manage risk and market volatility by investing in a wide range of income and bond funds including funds that invest in U.S. treasury securities, corporate bonds, bank debt, mortgage backed securities, debt securities of foreign government and corporate issuers, convertible bonds, high yield/junk bonds and emerging market debt. The Fund may also invest in equity funds that invest in dividend paying common stocks to generate income. Harvey Merson has managed the Fund since its inception in 2011. |
Fund Performance
As of June 30, 2024
| Year to Date | 1 Year | 3 Year | 5 Years | 10 Years | Since Inception (8/15/2011) |
| 2.4% | 7.1% | 0.0% | 1.9% | 2.1% | 2.5% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. All returns for periods greater than one year are annualized.
