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ETFs

Monarch Ambassador Income ETF

MAMB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 23, 2021
Expense Ratio
1.49%
Type
Global Bonds
Fund Owner
Monarch Funds
Volume (1m avg. daily)
$400,128
AUM
$46,596,000
Associated Index
Kingsview Ambassador Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
18.69%
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
16.17%
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
13.64%
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
12.48%
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
11.40%
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
6.31%
BAB
Invesco Capital Management LLC - Invesco Taxable Municipal Bond ETF
6.20%
CWB
SPDR Series Trust - SPDR Bloomberg Convertible Securities ETF
6.18%
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
6.01%
SPSB
SSgA Active Trust - SPDR Portfolio Short Term Corporate Bond ETF
2.53%
Invest with MAMB

What is MAMB?

The Monarch Ambassador Income ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index (the Index ). The Kingsview Ambassador Income Index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as high yield or junk bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market. The Index s constituents are weighted differently throughout the phases of the economic cycle in an effort to maximize risk-adjusted returns.

ETFs related toMAMB

ETFs correlated to MAMB include UNIY, BND, AVIG

MAMB
Northern Lights Fund Trust IV - Monarch Ambassador Income ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
NUBD
Nuveen Fund Advisors LLC - NuShares ESG U.S. Aggregate Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMAMB

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with MAMB using Composer

FAQ

MAMB is a Global Bonds ETF. The Monarch Ambassador Income ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index (the Index ). The Kingsview Ambassador Income Index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as high yield or junk bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market. The Index s constituents are weighted differently throughout the phases of the economic cycle in an effort to maximize risk-adjusted returns.

MAMB tracks the Kingsview Ambassador Income Index.

No, MAMB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MAMB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MAMB is -0.0181%. This is the percent change in the value of MAMB over the most recent 1-month period. The 3-month return on MAMB is -0.0465%. This is the percent change in the value of MAMB over the most recent 3-month period.

The standard deviation of MAMB for the past year is 0.0867%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MAMB include GSY, GVI, and BLV.

ETFs correlated to MAMB include UNIY, BND, and AVIG.

ETFs that are inversely correlated to MAMB include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.