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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%

Asset

Holdings

Symbol

Ratio

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PBJ

Invesco Food & Beverage ETF
11.01%
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ITB

iShares U.S. Home Construction ETF
10.67%
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XHB

State Street SPDR S&P Homebuilders ETF
10.64%
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XLU

State Street Utilities Select Sector SPDR ETF
10.19%
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XLRE

State Street Real Estate Select Sector SPDR ETF
10.12%
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KBWP

Invesco KBW Property & Casualty Insurance ETF
9.99%

Symbol

Ratio

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KIE

State Street SPDR S&P Insurance ETF
9.74%
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XAR

State Street SPDR S&P Aerospace & Defense ETF
9.59%
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IHI

iShares U.S. Medical Devices ETF
8.96%
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IHF

iShares U.S. Healthcare Providers ETF
8.87%

Top 10 Weight 99.79%

10 Total Holdings

See all holdings

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