Monarch Ambassador Income Index ETFMonarch Ambassador Income Index ETFMonarch Ambassador Income Index ETF

Monarch Ambassador Income Index ETF

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Key stats


Assets under management (AUM)
‪125.53 M‬USD
Fund flows (1Y)
‪50.37 M‬USD
Dividend yield (indicated)
2.17%
Discount/Premium to NAV
0.03%
Shares outstanding
‪5.53 M‬
Expense ratio
1.39%

About Monarch Ambassador Income Index ETF


Issuer
Kingsview Partners LLC
Brand
Monarch
Inception date
Mar 23, 2021
Structure
Open-Ended Fund
Index tracked
Monarch Ambassador Income Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
MAMB is a fund-of-funds that invests primarily in fixed income ETFs with an allocation of 12.5% to alternatives such as commodity and currency ETFs. The global fixed income ETFs are of different credit qualities and duration. It may include convertible, corporate, treasury, and municipal bonds, as well as mortgage-backed securities. The Index selection process considers quantitative and fundamental factors in analyzing economic and market data. Fixed income sectors are selected based on the phase of the current economic cycle. The final basket has approximately 12 ETFs weighted differently throughout the phases of the economic cycle. The index is typically rebalanced on the first Monday of each month. Prior to March 4, 2024, the fund traded under the name Monarch Ambassador Income ETF.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Fundamental
Geography
Global
Weighting scheme
Fundamental
Selection criteria
Fundamental
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.38%
Cash0.62%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to MAMB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MAMB trades at 22.61 USD today, its price has fallen −0.80% in the past 24 hours. Track more dynamics on MAMB price chart.
MAMB net asset value is 22.56 today — it's fallen 0.04% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MAMB assets under management is ‪125.53 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MAMB price has fallen by −0.28% over the last month, and its yearly performance shows a 2.47% increase. See more dynamics on MAMB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.04% over the last month, have fallen by −0.04% over the last month, showed a 0.35% increase in three-month performance and has increased by 4.53% in a year.
MAMB fund flows account for ‪50.37 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MAMB invests in funds. See more details in our Analysis section.
MAMB expense ratio is 1.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MAMB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MAMB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAMB shows the sell signal. See more of MAMB technicals for a more comprehensive analysis.
Yes, MAMB pays dividends to its holders with the dividend yield of 2.17%.
MAMB trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MAMB shares are issued by Kingsview Partners LLC
MAMB follows the Monarch Ambassador Income Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 23, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.