MSSS
Monarch Select Subsector Index ETF·CBOE
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Key Stats
Assets Under Management
119.74MUSD
Fund Flows (1Y)
6.50MUSD
Dividend Yield
0.20%
Discount/Premium to NAV
-0.02%
Shares Outstanding
3.90M
Expense Ratio
1.43%
About Monarch Select Subsector Index ETF
Issuer
Kingsview Wealth Management, LLC
Brand
Monarch
Inception Date
Mar 6, 2024
Structure
Open-Ended Fund
Index Tracked
Monarch Select Subsector Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Multi-factor
Geography
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Weighting Scheme
Equal
Selection Criteria
Multi-factor
Analysis
Sector
Financial Services
19.60%
Healthcare
17.97%
Industrials
16.17%
Consumer Cyclical
14.40%
Real Estate
10.38%
Utilities
10.15%
Consumer Defensive
9.82%
Basic Materials
1.52%
Financial Services
19.60%
Healthcare
17.97%
Industrials
16.17%
Consumer Cyclical
14.40%
Real Estate
10.38%
Utilities
10.15%
Consumer Defensive
9.82%
Basic Materials
1.52%
Asset
Holdings
Symbol
Ratio
PBJ
Invesco Food & Beverage ETF
11.01%
ITB
iShares U.S. Home Construction ETF
10.67%
XHB
State Street SPDR S&P Homebuilders ETF
10.64%
XLU
State Street Utilities Select Sector SPDR ETF
10.19%
XLRE
State Street Real Estate Select Sector SPDR ETF
10.12%
KBWP
Invesco KBW Property & Casualty Insurance ETF
9.99%
Symbol
Ratio
KIE
State Street SPDR S&P Insurance ETF
9.74%
XAR
State Street SPDR S&P Aerospace & Defense ETF
9.59%
IHI
iShares U.S. Medical Devices ETF
8.96%
IHF
iShares U.S. Healthcare Providers ETF
8.87%
Top 10 Weight 99.79%
10 Total Holdings
See all holdings
Related Funds
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Volume Profile
Trade Flow Insight
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