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Morningstar

Midas Magic MISEX

Morningstar Medalist Rating
Medalist Rating as of | See Midas Investment Hub
  • NAV / 1-Day Return 26.38  /  0.42 %
  • Total Assets 16.4 Mil
  • Adj. Expense Ratio
    3.590%
  • Expense Ratio 3.590%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 24%

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:18 PM GMT+0

Morningstar’s Analysis MISEX

Will MISEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MISEX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MISEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of MISEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Midas Magic to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MISEX

More MISEX Holdings
  • Current Portfolio Date
  • Equity Holdings 18
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 85.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alphabet Inc Class A

21.81
4,239,864
Communication Services

Mastercard Inc Class A

20.36
3,959,100
Financial Services

Berkshire Hathaway Inc Class B

11.01
2,140,333
Financial Services

AutoZone Inc

8.43
1,638,294
Consumer Cyclical

JPMorgan Chase & Co

5.07
986,136
Financial Services

Williams-Sonoma Inc

4.00
777,000
Consumer Cyclical

Lam Research Corp

3.87
752,124
Technology

U-Haul Holding Co Ordinary Shares - Series N

3.64
707,265
Industrials

UnitedHealth Group Inc

3.50
680,656
Healthcare

Credit Acceptance Corp

3.43
667,174
Financial Services