MSTB LHA Market State Tactical Beta ETF
S&P 500 TR USD

NAV as of 24-May-2022

26.2919

4 Week: 26.08 - 28.80

52 Week: 26.08 - 32.76

Latest Closing Price

26.37

Premium / Discount

0.16

Expense Ratio

1.21%

Investment Objective

The investment seeks long-term out-performance relative to the large-capitalization U.S. equity market. The fund is an actively-managed ETF and seeks to achieve its objective principally by investing in instruments linked directly or indirectly to the performance and/or volatility of the S&P 500® Index based on quantitative analyses that seek to estimate the direction of the S&P 500. Under normal market conditions, the fund’s baseline exposure each day to the S&P 500 is approximately 100%, which the fund’s portfolio managers then adjust based on a quantitative method of analysis evaluating the movement of the VIX Index. The fund is non-diversified.

Main Fund Characteristics

Fund Manager:
Little Harbor Advisors
Asset Under Management:
129,850,279
Launch Date:
28/09/2020
Asset Class:
Alternative
Replication Method:
Not Applicable
Number of Holdings:
7
Trading Currency:
USD
Style:
Large Blend
Region/Sector/Strategy:
N.A / N.A / Volatility
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-16.661.19-13.97
1 Day1.900.000.00
1 Week3.032.181.39
1 Month-4.617.12-0.65
3 Months-7.0910.31-0.69
6 Months-15.9013.64-1.17
1 Year-10.3715.51-0.67
2 Years0.000.000.00
3 Years0.000.000.00
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2012201320142015201620172018201920202021
Price (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.000022.2484
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00000.00000.00000.00000.00003.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
14/12/202116/12/20210.7094

Portfolio Data

Total Number of Holdings: 7

Number of Bond Holdings: 2

Number of Equity Holdings: 0

Total Market Value: 129,850,279

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1SPDR® S&P 500 ETF Trust37.2067124,013048,312,985

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
Giant32.65
Large21.84
Medium9.60
Small0.11
Micro0.00

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

21.4755

Price/Book*

3.6010

Price/Sales*

2.6802

Price/Cash Flow*

15.1667

Dividend Yield*

1.6532

Growth Measures

Long-Term Earnings

12.2358

Historical Earnings

6.3115

Sales Growth

2.9075

Cash-Flow Growth

6.5227

Book-Value Growth

4.7675

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

2

Bond Statitics

DetailValue
Average Effective Duration0
Average Effective Maturity (Years)*0
Average Credit Quality0
Average Weighted Coupon*0
Average Weighted Price*99.90

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
N.A

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years0.00
3 to 5 Years0.00
5 to 7 Years0.00
7 to 10 Years0.00
10 to 15 Years0.00
15 to 20 Years0.00
20 to 30 Years0.00
Over 30 Years0.00
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.00
183 to 364 Days8.94

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.