Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Cromwell Marketfield L/S Investor MFADX
- NAV / 1-Day Return 22.73 / +0.93 %
- Total Assets 133.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.310%
- Distribution Fee Level High
- Share Class Type No Load
- Category Long-Short Equity
- Investment Style Large Value
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 2.16%
- Turnover 30%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis MFADX
Will MFADX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 14.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
U.S. Bank Money Market Deposit Account | 13.45 | 11.8 Mil | Cash and Equivalents |
D.R. Horton Inc | 6.74 | 5.9 Mil | Consumer Cyclical |
ConocoPhillips | 5.99 | 5.3 Mil | Energy |
Nippon Steel Corp | 5.84 | 5.1 Mil | Basic Materials |
Schlumberger Ltd | 5.46 | 4.8 Mil | Energy |
VanEck Gold Miners ETF | 5.37 | 4.7 Mil | — |
Caterpillar Inc | 5.33 | 4.7 Mil | Industrials |
Deere & Co | 5.13 | 4.5 Mil | Industrials |
Lennar Corp Class A | 5.03 | 4.4 Mil | Consumer Cyclical |
Intuitive Surgical Inc | 5.00 | 4.4 Mil | Healthcare |