MBCC

Monarch Blue Chips Core Index ETF

$36.72
+0.00%
Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Monarch Blue Chips Core Index ETF seeks to track the performance of a benchmark index composed of large-capitalization U.S. stocks that are considered to be 'blue chip' companies with a history of stable earnings and dividends.

Overview

ETF tracking Monarch Blue Chips Core Index ETF

Category Large Cap
Issuer Other
Inception Date 2021-03-24
Market Cap $144.1M
Average Volume N/A
Dividend Yield 0.20%
52-Week Range $29.69 - $37.44
VWAP $36.80

Performance

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Investment Summary

📎 Investment Objective

The Monarch Blue Chips Core Index ETF seeks to track the performance of a benchmark index composed of large-capitalization U.S. stocks that are considered to be 'blue chip' companies with a history of stable earnings and dividends.

🎯 Investment Strategy

The ETF employs a passive management approach, investing in the component securities of the underlying index in approximately the same proportions as their weightings in the index. The index is designed to provide exposure to the large-cap segment of the U.S. equity market.

✨ Key Features

  • Tracks a benchmark index of large-cap 'blue chip' U.S. stocks
  • Passive, index-based investment approach
  • Low expense ratio of 0.00%
  • Suitable for long-term, core equity exposure

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF is subject to the performance of the underlying index, which may be concentrated in certain sectors or industries
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF at the desired price
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for long-term, buy-and-hold investors seeking broad exposure to the large-cap segment of the U.S. equity market. It can serve as a core holding in a diversified portfolio, providing exposure to established, financially stable companies.