Our Funds

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 Value

As of December 18, 2018

2017 Distributions

Ticker Symbol MHELX Share Price $6.74 Record Date 1/8/2018
CUSIP 55302C102 Change $0.00 Ex-Date 1/9/2018
Minimum Investment $10,000 Payable Date 1/9/2018
Subsequent Investment $1,000 LT Capital Gain $0.190201
Sales Charge None
Redemption Fee None
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 September 30, 2018 

 

 

 

Year to Date 1 Year 3 Year 5 Years 10 Years 15 Years Since Inception (9/1/1998)
10.2% 14.1% 13.6% 7.9% 8.5% 7.4% 8.4%

 

 

 

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 Value

As of December 18, 2018

2017 Distributions

Ticker Symbol MHEFX Share Price $6.26 Record Date 1/8/2018
CUSIP 55302C201 Change     $0.00 Ex-Date 1/9/2018
Minimum Investment $10,000 Payable Date 1/9/2018
Subsequent Investment $1,000 Dividend $0.002951
Sales Charge None ST Capital Gain $0.051747
Redemption Fee None LT Capital Gain $0.190201
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 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 September 30, 2018 

Year to Date 1 Year 3 Year 5 Years 10 Years Since Inception (1/13/2004)
7.2% 13.3% 13.7% 9.1% 8.8% 6.4%

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 Value

As of December 18, 2018

2017 Distributions

Ticker Symbol MHESX Share Price $5.21 Record Date 1/8/2018
CUSIP 55302C300 Change    – $0.01 Ex-Date 1/9/2018
Minimum Investment $10,000 Payable Date 1/9/2018
Subsequent Investment $1,000 Dividend $0.038792
Sales Charge None ST Capital Gain $0.022814
Redemption Fee None LT Capital Gain $0.089720
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 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 September 30, 2018 

Year to Date 1 Year 3 Year 5 Years 10 Years Since Inception (4/1/2006)
-3.5% 0.9% 7.7% 3.3% 4.2% 2.0%

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 Value

As of December 18, 2018

2017 Distributions

Ticker Symbol MHEIX Share Price $4.98 Record Date 1/8/2018
CUSIP 55302C409 Change     $0.00 Ex-Date 1/9/2018
Minimum Investment $10,000 Payable Date 1/9/2018
Subsequent Investment $1,000 Dividend $0.104205
Sales Charge None
Redemption Fee None
Expense Ratio 1.25%

 

Investment Strategy

This 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 September 30, 2018 

Year to Date 1 Year 3 Year 5 Years 10 Years Since Inception (8/15/2011)
-0.5% 0.1% 3.5% 2.4% N/A 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.