MSTB
LHA Market State Tactical Beta ETF
S&P 500 TR USD
NAV as of
4 Week: 24.97 - 25.73
52 Week: 24.13 - 30.86
Latest Closing Price
25.52
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
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 3.74 | 1.02 | 3.68 |
| 1 Day | 0.05 | 0.00 | 0.00 |
| 1 Week | 0.50 | 2.07 | 0.24 |
| 1 Month | 0.76 | 2.94 | 0.26 |
| 3 Months | 3.36 | 7.88 | 0.43 |
| 6 Months | 4.16 | 13.28 | 0.31 |
| 1 Year | -15.27 | 19.53 | -0.78 |
| 2 Years | -9.18 | 23.74 | -0.39 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 22.2484 | -22.0907 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 3.0000 | 96.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 14/12/2022 | 18/12/2022 | 0.3295 |
| 14/12/2021 | 16/12/2021 | 0.7094 |
Portfolio Data
Total Number of Holdings: 8
Number of Bond Holdings: 2
Number of Equity Holdings: 0
Total Market Value: 204,101,472
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | SPDR® S&P 500 ETF Trust | 62.1361 | 235,649 | 0 | 92,650,117 |
| 2 | E-mini S&P 500 Future June 23 | 29.2606 | 216 | 0 | 43,630,012 |
| 3 | United States Treasury Bills 0% | 20.1673 | 30,583,000 | 0 | 30,071,064 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 45.72 |
| Large | 31.36 |
| Medium | 14.02 |
| Small | 0.11 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
18.2817
Price/Book*
3.3877
Price/Sales*
2.0649
Price/Cash Flow*
10.7482
Dividend Yield*
1.8939
Growth Measures
Long-Term Earnings
13.1197
Historical Earnings
16.6018
Sales Growth
11.4273
Cash-Flow Growth
8.0598
Book-Value Growth
4.6707
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
2
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 0 |
| Average Weighted Price* | 99.90 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 32.17 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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(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.
