MSSS

Monarch Select Subsector Index ETF

$29.98
+0.00%
Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The Monarch Select Subsector Index ETF (MSSS) seeks to track the performance of an index that provides exposure to a select group of subsectors within the broader market.

Overview

ETF tracking Monarch Select Subsector Index ETF

Category Other
Issuer Other
Inception Date 2024-03-07
Market Cap $114.5M
Average Volume N/A
Dividend Yield 0.39%
52-Week Range $24.05 - $31.15
VWAP $29.97

Performance

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Investment Summary

📎 Investment Objective

The Monarch Select Subsector Index ETF (MSSS) seeks to track the performance of an index that provides exposure to a select group of subsectors within the broader market.

🎯 Investment Strategy

The fund aims to replicate the performance of the Monarch Select Subsector Index, which is designed to measure the performance of a portfolio of companies operating in specific subsectors that have been identified as having potential for growth and outperformance.

✨ Key Features

  • Targeted exposure to select market subsectors
  • Seeks to provide diversification beyond broad market indexes
  • Passively managed to track the underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on specific subsectors
  • Potential for higher volatility compared to broad market indexes
  • Reliance on the index provider's selection and weighting methodology
  • Lack of performance history makes it difficult to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to specific market subsectors as part of a diversified portfolio. It may be of interest to investors with a higher risk tolerance who are looking to potentially outperform the broader market. However, the lack of performance history means it may not be appropriate for more conservative or risk-averse investors.