THE MP63 FUND


  • Home
  • Account
    • Open An Account
    • Automatic Investment
    • View Your Account
    • Reedeming from Account
  • Performance
    • About the Fund
    • Average Annualize Return
    • Growth Chart
  • Forms
    • Fund App Forms
    • Transfer Forms

Useful Links

  • Invest
  • Morningstar Ranking
  • Fact Sheet
  • Companies in Portfolio
  • Summary Prospectus
  • Contact Us
  • Business Continuity Plan
  • Quarterly Holdings

  • The MP63 (DRIPX) Fact Sheet

    4th Quarter December 30, 2022

     

    The MP63 (DRIPX) is a diversified mutual Fund that allows individual investors to put money into a wide range of companies that offer Dividend Reinvestment Plans, in a simple, low-cost, low-beta, low-turnover portfolio of dividend paying stocks, carefully selected by experienced managers.


    Portfolio and Strategy:

    The Fund focuses on companies (in a wide range of industries) with strong brands and competitive advantages, with long histories of paying and increasing dividends, that also have the likelihood of continuing to pay and increase dividends in the future. MP63 is the only mutual Fund focused on companies that offer Dividend Reinvestment Plans (DRIPs), and it is managed by an expert on the field of DRIPs, with more than 20 years of experience.

     

    1. 1. The process of portfolio selection pays special attention to defensive stocks (companies with products and services we all need, regardless of the economic cycles).

     

    1. 2. In a semi-passive approach, the Fund invests usually in 63 companies for the long or very long term. The Fund invests cash and reinvests the dividends in the companies that pay them on a routine basis over the year. In this way, the Fund benefits from market volatility by following a dollar-cost averaging approach—buying fewer shares at high prices and more shares when the market price is lower.

     

    1. 3. The annual portfolio turnover ratio is about 6%, which is relatively low compared with funds in its category.

     

    1. 4. By requiring no minimum initial investment and accepting subsequent investments of any amount--regardless of how small--the Fund facilitates the use of dollar-cost averaging by small investors who wish to acquire Fund shares over a long period of time.

     

    1. 5. The Fund discourages trading by imposing a redemption fee on shares that are held for less than six months.

     

    1. 6. The Fund managers have substantial investments in the Fund.


    Costs and Fees:

    The Fund has a no-load structure, so it is available directly to investors, with no brokers or commissions. However, should shareholders wish to hold shares within a brokerage account, the Fund appears on the Charles Schwab and TD Ameritrade platforms. Those brokers charge their own fees.

     

    The Expense Ratio is competitive compared to its category. According to Morningstar®, as of December 30, 2022, the average expense ratio of No-load, Large-Cap funds is 0.90%, while the expense ratio of DRIPX is 0.63%.

     

    The Fund doesn’t charge a 12b-1 fee (a fee associated with promotion or advertising).


    Cumulative returns compared to its category:

    As of December 30, 2022, DRIPX has a 4-star rating from Morningstar® and the Gold medal, which is their highest analyst rating for mutual funds. As of December 30, 2022, this is how the Fund’s annualized returns compare to its category (Large Cap Value Funds):

     

    • - During the past 15 years: DRIPX, 6.94%. Category, 5.83%. net of all expenses

    • - During the past 10 years: DRIPX, 11.23%. Category, 8.94%. net of all expenses

    • - During the past 5 years: DRIPX, 7.71%. Category, 5.70%. net of all expenses

    • - During the past 3 years: DRIPX, 6.12%. Category, 5.25%. net of all expenses

    • - During the past 12 months: DRIPX, -8.22%. Category, -9.68%. net of all expenses


    These are trailing returns, which are returns that DRIPX and the Category have achieved over the specified time including both capital gains and dividends.

    Niethe the Advisor nor the Fund had provided anycompensation to Morningstar for the rating.

    The comparison in a chart:

     

    The following chart compares cumulative returns, as of December 30, 2022 (including dividends and capital gains), since the Fund inception in March 1st, 1999.

     

    The cumulative return comparison is as follows:

     

    1: The Fund (MP 63 Fund, DRIPX) (blue line): 386.88%. net of all expenses

    2: The S&P 500® index (orange line –including dividends and capital gains) represented by the Index Fund Vanguard 500 Index Admiral (VFIAX): 383.53%. net of all expenses


    Source: Morningstar (as of December 30, 2022)

     

    Any performance data quoted represents past performance. Past performance is not indicative of future returns. No representation or warranty is made that any returns indicated will be achieved.


    Volatility and Investment Risks:


    DRIPX’s 3-year trailing Beta is 0.92 (vs. the S&P 500® Index), so the Fund is 9% less volatile than the S&P Index®.

     

    (Note: Beta is a measure of the volatility, or systematic risk, of a mutual Fund, a security or a portfolio in comparison to the market as a whole.)

     

    Dividend Growth:

    DRIPX annual dividends per share since inception in 1999:

     

    1999: 06 cents

    2007: 19 cents 2015: 34 cents
    2000: 08 cents 2008: 21 cents

    2016: 38 cents

    2001: 06 cents

    2009: 22 cents

    2017: 36 cents
    2002: 07 cents 2010: 20 cents 2018: 41 cents

    2003: 07 cents

    2011: 24 cents

    2019: 39 cents

    2004: 09 cents 2012: 32 cents 2020: 41 cents
    2005: 13 cents 2013: 27 cents 2021: 41 cents

    2006: 17 cents

    2014: 29 cents

    2022: 41 cents

     

     

    Investing in the Fund:

    • - The Fund is available directly. There is no required minimum initial investment. Also, there is no requirement to invest a certain minimum amount for subsequent investments.

    •  

    • - The Fund offers an optional Automatic Investment Plan.

    •  

    • - Rollover/transfer from old/existing 401k or retirement plan: The Fund accepts rollover or transfer from old or existing 401k or retirement accounts

    •  

    • - (Traditional or Roth IRAs). For that purpose investors can contact the Fund by phone at the number shown above or use the Investment Forms provided at the Fund’s Website.

    •  

    • - The Fund’s Website is as follows: www.MP63FUND.com or www.DRIPX.com. To obtain the prospectus and Fund information, including the companies that make up the Fund, visit the website or call 1-877-676-3386.

    •  

    • - The Fund is also available through the discount brokerage firms Charles Schwab and TD Ameritrade. These discount brokers charge their own fees and require their own minimum initial and subsequent investments.


    General Risks

    You could lose money investing in the Fund. When you sell Fund shares, they may be worth less than what you paid for them because the value of Fund investments vary from day-to-day, Risks of Investing in Common Stocks Individual companies may not perform as anticipated, stock markets may experience periods of turbulence and instability, and domestic and global economies are subject to periods of decline and cyclical change.

     

    Large-Size Company Risks Larger companies may be unable to respond quickly to new competitive challenges and may be unable to attain the high growth rates of successful, smaller companies.

     

    Mid-Size Company Risks Medium-sized companies may be more volatile because they may not have the management experience, financial resources, product diversification and competitive strengths of larger companies.

     

    Focused Portfolio Risks Any negative changes inheret to companies that offer dividend reinvestment plans might result in a greater negative impact to the Fund than a Fund that holds a larger array of securities.

     

    Any performance data quoted represents past performance. Past performance is not indicative of future returns. No representation or warranty is made that any returns indicated will be achieved. Mutual Fund investing in general involves market risk, fees, and expenses, which should be considered carefully before investing.

     

     MP 63 Fund is managed by Moneypaper Advisor, Inc., Harrison, New York, 10528 and is distributed by Arbor Court Capital, LLC - Member FINRA. Important information about the MP 63 Fund (DRIPX) is found in its prospectus, a copy of which, along with current performance information, may be obtained by visiting MP63Fund.com or by calling 877-676-3386 to speak with the Fund Administrator or 800-388-9993 to speak with the Advisor. Prospective investors should read the prospectus carefully before investing.


     


     

    © Copyright 2022 MP 63 Fund, Inc.  All rights reserved.

    The opinions reflected above are subject to change are not investment advice and any forecasts made cannot be guaranteed. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.


    Dollar-cost averaging does not assure a profit and does not protect against a loss in declining markets. A dollar-cost averaging strategy involves continuous investment in securities regardless of fluctuations in price levels of such securities. You should consider your financial ability to continue purchases through periods of high and low price levels. The MP 63 Fund does not strictly follow a dollar-cost averaging strategy because the investments it makes are controlled by the investment amounts it receives from its shareholders.

     

    The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained on this website or by calling 1-877-MP63FUN (1-877-676-3386). Read it carefully before investing.

     

    Investment products are not FDIC insured, offer no bank guarantee and may lose value.

    The MP63 Fund is distributed by Arbor Court Capital, LLC, Member FINRA/SIPC.



    WEB DESIGN BY THE MONEYPAPER
    • Home
    • Account
    • Forms
    • Contact