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About Monarch Select Subsector ETF Fund
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Inception date
Mar 6, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US66537J8383
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.89%
Cash1.11%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSSS top holdings are SPDR S&P Aerospace & Defense ETF and iShares U.S. Healthcare Providers ETF, occupying 10.58% and 10.33% of the portfolio correspondingly.
MSSS last dividends amounted to 0.03 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 42.45% increase.
MSSS assets under management is 116.59 M USD. It's risen 0.09% over the last month.
MSSS fund flows account for 53.88 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MSSS pays dividends to its holders with the dividend yield of 0.18%. The last dividend (Oct 1, 2025) amounted to 0.03 USD. The dividends are paid quarterly.
MSSS shares are issued by Kingsview Partners LLC under the brand Monarch. The ETF was launched on Mar 6, 2024, and its management style is Passive.
MSSS expense ratio is 1.43% meaning you'd have to pay 1.43% of your investment to help manage the fund.
MSSS follows the Monarch Select Subsector Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSSS invests in funds.
MSSS price has fallen by −0.42% over the last month, and its yearly performance shows a 6.15% increase. See more dynamics on MSSS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.55% over the last month, showed a 4.19% increase in three-month performance and has increased by 10.91% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.55% over the last month, showed a 4.19% increase in three-month performance and has increased by 10.91% in a year.
MSSS trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.