MAMBMonarch Ambassador Income ETF

Get income5y track recordRanked #1,181 of 1,622 in this goal

Seeks to replicate investment results that correspond to the performance of the Monarch Ambassador Income Index.

By Monarch Funds · Launched 2021

Annual Cost

1.26%

#5,262 of 5,562 · expensive

Fund Size

$186M

#2,354 of 5,562 · mid-size

Dividend YieldGoal

2.43%

Track Record

5 years

#2,334 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,848+8.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

Global

Strategy

Index tracking

Index tracked

Monarch Ambassador Income Index

What it actually holds

By weight

Concentration

Top 9 holdings = 99.7% of fund✓ diversified through underlying funds

iShares Trust

19.9%

Ishares Gold Trust

13.0%

iShares Trust

12.4%

iShares Trust

12.4%

iShares Trust

12.4%

Invesco Exchange Traded Fund Trust II

12.3%

iShares Trust

9.9%

iShares Trust

4.9%

SPDR Series Trust

2.5%

Asset allocation

Bonds

86.6%

Other

6.0%

Convertible

5.5%

Cash

1.0%

Preferred

0.7%

Stocks

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.7%Low

Year-on-year price swings

Max drawdown

-19.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.32Below average

Sortino (3Y)

0.45Moderate downside risk

Bond profile

Duration

3.8 years

Avg maturity

9.5 years

Credit ratings

US Government

37.0%

AAA

1.6%

73.8%

13.7%

BBB

10.8%

Other

0.1%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to replicate investment results that correspond to the performance of the Monarch Ambassador Income Index.
Strategy: Invests at least 80% of total assets in constituents of the Index, which measures fixed income securities of varying credit quality and duration. The Index follows a proprietary methodology that selects sectors based on the economic cycle phase.
Inception date: March 23, 2021
Fund family: Monarch Funds