MSSS – Monarch Select Subsector ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Monarch Select Subsector Index. The fund is a fund of funds that generally invests at least 80% of its total assets in the constituents of the index. The index consists of 10 equally-weighted U.S.listed ETFs of any market capitalization that represent economically advantageous U.S.sectors and subsectors.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MSSS	Monarch Select Subsector ETF	ETF	Open	—		Mar 6, 2024	$153.86M	1.420%	—	—	$11.97M

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