ETF overview
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.
Fund facts
- Expense ratio
- 1.42%
- Fund assets
- 152.5M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 6, 2024
- Number of holdings
- 10
Breakdown
Holdings (10)
| Name | Ticker | Weight |
|---|---|---|
| iShares U.S. Healthcare Providers ETF | IHF | 10.55% |
| iShares U.S. Medical Devices ETF USD Class | IHI | 10.28% |
| Invesco KBW Property & Casualty ETF USD Class | KBWP | 10.17% |
| Invesco Food & Beverage ETF | PBJ | 10.15% |
| State Street Utilities Select Sector SPDR ETF USD Class | XLU | 10.12% |
| SPDR S&P Insurance ETF | KIE | 10.07% |
| State Street Real Estate Select Sector SPDR ETF USD Class | XLRE | 9.95% |
| iShares U.S. Home Construction ETF USD Class | ITB | 9.57% |
| SPDR S&P Homebuilders ETF USD Class | XHB | 9.54% |
| SPDR S&P Aerospace & Defense ETF | XAR | 9.36% |
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 1.42%
- Fund assets
- 152.5M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 6, 2024
- Number of holdings
- 10
| Name | Ticker | Weight |
|---|---|---|
| iShares U.S. Healthcare Providers ETF | IHF | 10.55% |
| iShares U.S. Medical Devices ETF USD Class | IHI | 10.28% |
| Invesco KBW Property & Casualty ETF USD Class | KBWP | 10.17% |
| Invesco Food & Beverage ETF | PBJ | 10.15% |
| State Street Utilities Select Sector SPDR ETF USD Class | XLU | 10.12% |
| SPDR S&P Insurance ETF | KIE | 10.07% |
| State Street Real Estate Select Sector SPDR ETF USD Class | XLRE | 9.95% |
| iShares U.S. Home Construction ETF USD Class | ITB | 9.57% |
| SPDR S&P Homebuilders ETF USD Class | XHB | 9.54% |
| SPDR S&P Aerospace & Defense ETF | XAR | 9.36% |
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.
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