Monarch Blue Chips Core Index ETF
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
20.3%
1 yr return
20.9%
3 Yr Avg Return
5.9%
5 Yr Avg Return
N/A
Net Assets
$128 M
Holdings in Top 10
44.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MBCC - Profile
Distributions
- YTD Total Return 20.3%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameMonarch Blue Chips Core Index ETF
-
Fund Family NameAnchor Funds
-
Inception DateMar 23, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerErnesto Tong
Fund Description
The Fund invests at least 80% of its total assets in the component securities of the Index. The Index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth. Kingsview Wealth Management LLC (the Adviser) is the Index provider. The Index follows a proprietary rules-based methodology that scores this fundamental company data of the companies listed on the S&P 500 to determine approximately 24 of the highest-ranking companies. These companies are typically equally weighted in the Index. Based on these factors, the Fund at any given time may have a significant percentage of its assets invested in one or more sectors relative to other sectors.
The Adviser utilizes a sub-adviser, Penserra Capital Management LLC (the Sub-Adviser), to manage the assets of the Fund. The Sub-Adviser uses a replication indexing strategy to manage the Fund. Replication indexing is a strategy in which a fund invests in substantially all of the securities in its underlying index in approximately the same proportions as in the underlying index.
The Index is sponsored by Solactive A.G. (Solactive), which is independent of the Fund, the Adviser and the Sub-Adviser. Solactive calculates and publishes the market value of the Index based on the Indexs constituents. The Index is unmanaged and cannot be invested in directly.
MBCC - Performance
Return Ranking - Trailing
Period | MBCC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.3% | -44.2% | 26.6% | 93.79% |
1 Yr | 20.9% | -98.5% | 150.0% | 52.37% |
3 Yr | 5.9%* | -74.2% | 26.3% | N/A |
5 Yr | N/A* | -61.2% | 23.2% | N/A |
10 Yr | N/A* | -35.6% | 18.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | MBCC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.2% | -98.8% | 81.6% | N/A |
2022 | -20.3% | -39.5% | 48.7% | N/A |
2021 | N/A | -13.0% | 34.8% | N/A |
2020 | N/A | -27.1% | 10.6% | N/A |
2019 | N/A | -15.9% | 33.2% | N/A |
Total Return Ranking - Trailing
Period | MBCC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.3% | -44.2% | 26.6% | 94.02% |
1 Yr | 20.9% | -98.5% | 150.0% | 53.16% |
3 Yr | 5.9%* | -74.2% | 32.9% | N/A |
5 Yr | N/A* | -61.2% | 22.9% | N/A |
10 Yr | N/A* | -35.6% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MBCC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.3% | -98.8% | 81.6% | N/A |
2022 | -20.3% | -39.5% | 48.7% | N/A |
2021 | N/A | -13.0% | 34.8% | N/A |
2020 | N/A | -16.8% | 10.6% | N/A |
2019 | N/A | -15.9% | 35.6% | N/A |
MBCC - Holdings
Concentration Analysis
MBCC | Category Low | Category High | MBCC % Rank | |
---|---|---|---|---|
Net Assets | 128 M | 189 K | 222 B | 93.16% |
Number of Holdings | 24 | 2 | 3509 | 96.24% |
Net Assets in Top 10 | 48 M | -1.37 M | 104 B | 92.17% |
Weighting of Top 10 | 44.88% | 9.4% | 100.0% | 57.63% |
Top 10 Holdings
- ADOBE INC 5.02%
- ORACLE CORP 4.69%
- WALMART INC 4.57%
- ELI LILLY CO 4.55%
- AMERICAN TOWER C 4.45%
- ALLSTATE CORP 4.39%
- META PLATFORMS-A 4.34%
- MCDONALDS CORP 4.34%
- COSTCO WHOLESALE 4.28%
- NETFLIX INC 4.25%
Asset Allocation
Weighting | Return Low | Return High | MBCC % Rank | |
---|---|---|---|---|
Stocks | 99.77% | 0.00% | 107.71% | 19.57% |
Cash | 0.23% | -10.83% | 87.35% | 78.36% |
Preferred Stocks | 0.00% | 0.00% | 4.41% | 59.55% |
Other | 0.00% | -2.66% | 17.15% | 61.09% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 57.10% |
Bonds | 0.00% | -1.84% | 98.58% | 56.49% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MBCC % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 16.07% | 2.76% |
Technology | 0.00% | 0.00% | 69.82% | 76.50% |
Real Estate | 0.00% | 0.00% | 29.57% | 85.41% |
Industrials | 0.00% | 0.00% | 30.65% | 96.77% |
Healthcare | 0.00% | 0.00% | 39.76% | 2.84% |
Financial Services | 0.00% | 0.00% | 43.06% | 27.57% |
Energy | 0.00% | 0.00% | 41.09% | 79.88% |
Communication Services | 0.00% | 0.00% | 66.40% | 43.78% |
Consumer Defense | 0.00% | 0.00% | 25.50% | 2.23% |
Consumer Cyclical | 0.00% | 0.00% | 62.57% | 88.10% |
Basic Materials | 0.00% | 0.00% | 22.00% | 87.56% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MBCC % Rank | |
---|---|---|---|---|
US | 99.77% | 0.00% | 105.43% | 5.53% |
Non US | 0.00% | 0.00% | 54.22% | 93.48% |
MBCC - Expenses
Operational Fees
MBCC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.01% | 7.09% | 21.96% |
Management Fee | 0.85% | 0.00% | 1.50% | 90.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | 13.11% |
Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
MBCC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MBCC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MBCC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 316.74% | N/A |
MBCC - Distributions
Dividend Yield Analysis
MBCC | Category Low | Category High | MBCC % Rank | |
---|---|---|---|---|
Dividend Yield | 0.01% | 0.00% | 19.33% | 62.27% |
Dividend Distribution Analysis
MBCC | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Annually |
Net Income Ratio Analysis
MBCC | Category Low | Category High | MBCC % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -6.13% | 2.90% | 52.17% |
Capital Gain Distribution Analysis
MBCC | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2024 | $0.001 | OrdinaryDividend |
Dec 20, 2023 | $0.006 | OrdinaryDividend |
Mar 24, 2023 | $0.025 | OrdinaryDividend |
MBCC - Fund Manager Analysis
Managers
Ernesto Tong
Start Date
Tenure
Tenure Rank
Mar 23, 2021
1.19
1.2%
Mr. Tong has been a managing director with Penserra since 2015. Prior to joining Penserra, Mr. Tong spent seven years as a vice president at Blackrock, where he was a portfolio manager for a number of the iShares ETFs, and prior to that, he spent two years in the firm’s index research group.
Anand Desai
Start Date
Tenure
Tenure Rank
Mar 23, 2021
1.19
1.2%
Anand Desai. Mr. Desai has been an Associate with Penserra since 2015. Prior to joining the Penserra Capital Management, LLC, Mr. Desai was a portfolio fund accountant at State Street for five years.
Dustin Lewellyn
Start Date
Tenure
Tenure Rank
Mar 23, 2021
1.19
1.2%
Dustin Lewellyn, CFA. Mr. Lewellyn has extensive background in institutional investment process with a specific focus on exchange-traded funds (“ETFs”). Mr. Lewellyn was a portfolio manager at BGI (now part of Blackrock), and he managed a number of international equity funds. Dustin also was head of ETF product management and product development at Northern Trust where he oversaw the build out and management of all areas of a new ETF business, including primary responsibility for the portfolio management process surrounding the ETFs. Mr. Lewellyn also built and ran a new ETF business for Charles Schwab, including having primary responsibility for the technology and investment process to support portfolio management for the ETFs. Mr. Lewellyn started a consulting business with a focus on ETFs and helped numerous new ETF sponsors, as well as service providers, understand the resource requirements to participate in the industry utilizing current best practices. Mr. Lewellyn holds a B.A. from University of Iowa and is a CFA Charterholder. He also holds security licenses 7, 63, 66 and 24.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.09 | 2.92 |