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 22.58 / +0.67 %
- Total Assets 128.1 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 2.05%
- Turnover 30%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 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 25.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
U.S. Bank Money Market Deposit Account | 9.56 | 9.1 Mil | Cash and Equivalents |
Caterpillar Inc | 5.73 | 5.5 Mil | Industrials |
ConocoPhillips | 5.71 | 5.5 Mil | Energy |
Nippon Steel Corp | 5.61 | 5.4 Mil | Basic Materials |
Toyota Motor Corp ADR | 5.40 | 5.2 Mil | Consumer Cyclical |
Schlumberger Ltd | 5.03 | 4.8 Mil | Energy |
Intuitive Surgical Inc | 5.02 | 4.8 Mil | Healthcare |
Costco Wholesale Corp | 4.87 | 4.7 Mil | Consumer Defensive |
VanEck Gold Miners ETF | 4.83 | 4.6 Mil | — |
Deere & Co | 4.65 | 4.4 Mil | Industrials |