MHEIX

About MHEIX

MH Elite Income Fund of Funds is a mutual fund designed to generate income, with long-term capital appreciation as a secondary goal. This fund primarily invests in a diversified mix of 15 to 25 unaffiliated open-end mutual funds, with at least 80% of its assets allocated toward bond and income-producing funds. It emphasizes risk management and aims to mitigate market volatility by spreading investments across multiple asset classes, including U.S. Treasury securities, corporate bonds, mortgage-backed securities, convertible bonds, high yield, and emerging market debt. Additionally, the fund may invest in equity funds that focus on dividend-paying stocks to supplement income. As a component of the global conservative allocation category, it is structured for investors seeking both income and capital preservation, with a typical exposure to stocks of less than 40%. The portfolio is actively managed, and underlying fund selection is based on factors like investment style, past performance, manager tenure, and portfolio composition. This approach supports a broadly diversified, balanced portfolio, making the fund significant for those prioritizing income and capital stability in their investment portfolios.