The experienced longest-tenured portfolio management at MH Elite is a core advantage over global asset management peers. With 19 years of average tenure across the management group, it is clear they've been put through their paces. Open-end and exchange-traded fund fees are a weakness at the firm, contributing negatively to the rating. On average, the firm charges fees on its funds that are in the most expensive quintile of category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock to alternate asset managers over time to get a better deal. With an average three-year Morningstar Rating of 1.8 stars, the risk-adjusted performance of MH Elite's open-end and exchange-traded funds falls short of competitors.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.