Monarch ProCap ETF

Frequently Asked Questions About MPRO

What does MPRO invest in?

MPRO is a fund-of-funds that invests in various asset classes with global exposure. The index includes equity, fixed income ETFs (90%) and alternatives (10%) through commodity and currency ETFs. Asset allocation is determined by the current phase of the economic cycle and its relative strength. Based on the determined allocation, the Adviser selects 6-9 ETFs for the fund portfolio. The equity ETFs are usually spread equally between five GICS sectors that have performed well previously during the given market cycle. While fixed income ETFs may have varying credit qualities and maturities. The allocation to either equities or fixed income will be no less 15% and no more than 75% of the portfolio. The Adviser also considers IPOs, M&As, bankruptcies, suspensions, de-listing, tender offers, and spin-offs in its fundamental and quant analysis. The index undergoes a monthly rebalance. Prior to March 4, 2024, the fund traded under the name Monarch ProCap ETF.

What is the expense ratio of MPRO?

Monarch ProCap ETF (MPRO) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MPRO?

Monarch ProCap ETF (MPRO) manages $255.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MPRO actively managed or an index fund?

MPRO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MPRO launched?

Monarch ProCap ETF (MPRO) launched in March 2021 and is managed by Inspire.

How has MPRO performed?

MPRO's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.