Investment objective & strategy
As of June 25, 2025 · prospectusObjective. The Monarch Blue Chips Core Index ETF (the ?Fund?) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Monarch Blue Chips Core Index (the ?Index?).
Strategy. 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 … 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. As of February 28, 2025, the Index had over 25% exposure to the technology sector. 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 Index?s constituents. The Index is unmanaged and cannot be invested in directly.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| TEXAS INSTRUMENTS INC | — | $7.91M | 5.19% |
| PHILIP MORRIS INTL INC | — | $7.45M | 4.88% |
| WALMART INC | — | $7.27M | 4.77% |
| GENERAL ELECTRIC CO | — | $7.20M | 4.72% |
| EMERSON ELECTRIC CO | — | $7.10M | 4.65% |
| AMGEN INC | — | $7.05M | 4.62% |
| COSTCO WHOLESALE CORP | — | $6.94M | 4.55% |
| SIMON PROPERTY | — | $6.87M | 4.50% |
| MCDONALDS CORP | — | $6.87M | 4.50% |
| AMERICAN TOWER CORP | — | $6.64M | 4.35% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Principal U.S. Mega-Cap ETF · USMC | 43% | 0.12% |
| Motley Fool Capital Efficiency 100 Index ETF · TMFE | 43% | 0.50% |
| YieldMax Target 12 Big 50 Option Income ETF · BIGY | 42% | 1.09% |
Advisers
| Firm | Role |
|---|---|
| Penserra Capital Management LLC | Sub-adviser |
| Kingsview Wealth Management LLC | Adviser |
Footnotes
- Expense ratio as of June 25, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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